PLUTA’s experts at the Osnabrück branch office are specialised in legal advice, insolvency administration and restructuring. The members of the local team have already managed a large number of insolvency proceedings successfully. Furthermore, their attorneys are also active as insolvency monitors in debtor-in-possession proceedings.
With a population of approximately 160,000 inhabitants, Osnabrück is the third largest city in the state of Lower Saxony, following Hanover and Braunschweig (Brunswick), and at the centre of a region known as “Osnabrücker Land”.
From an economic point of view, Osnabrück is a significant hub in the region. The city is situated at the intersection of the Amsterdam-Berlin and Rhine/Ruhr-Hamburg traffic axes. Moreover, the region has a commercial airport, the Münster Osnabrück International Airport, which provides fast connections to all the major cities in Europe.
In the 2012 rankings of Germany’s cities, Osnabrück took first place in the category of business friendliness. A large number of enterprises, operating in the areas of manufacturing, trade, logistics and increasingly in the services sector, influence the city’s economic performance. In addition, a great deal of companies active in the car, metal and paper industries have settled in Osnabrück.
The city is home to both a university and a university of applied sciences. Osnabrück University has many collaborations with businesses and institutes, benefiting not only the economy, but also the students to the same extent. Research and training at Osnabrück University of Applied Sciences also have a direct effect on the economy since they are geared towards the practical needs of industry.
In addition, Osnabrück can also pride itself on its rich historical heritage. Indeed, Osnabrück was founded as a bishopric by Charlemagne as early as 780. In 1648, the Peace of Westphalia was signed in the town halls of Münster and Osnabrück, putting an end to the Thirty Years’ War, which is why Osnabrück has the epithet “Peace City”. Until 1669, Osnabrück was also a member of the Hanseatic League. Since 1980, the city has been a member of the New Hanseatic League and even hosted the 26th Hanseatic Day of New Time.