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Recently,thr president of schaeffler first admit it is a wrong deed to takeover the mainland tire company when she was interviewed by the Mingjing weekly,and regretted too much for this matter.The lady of Schaeffler think her family is the sacrificio of financial crisis,the half reason of making the group into trouble positon is the political factor,and the half reason is the too much debt.
The lady of Schaeffler claim that it is "our fauly",and judge the situation wrong ,besides,her son Georg Schaeffler also open admit that ,the family didn't figure out the last year's financial crisis is so severe,or else the group wouldn't agree that lending so much money from bank to takeover the mainland tire company.
As estimated,the bank debt of schaeffler Group has reached 120 million Euro.Currently the Group need 60 million euro urgently to repay the debt of bank,or else the family of shaeffler likely lose the control to the whole group.Not few days ago,the group of schaeffler has ask the country to apply a assist,the female of Schaeffler also emphase that they need seeking the nation's assist.
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