Technology
Varta in the Cyber Storm: Production Halted, Stock Defies the Odds
Varta under fire: Battery giant targeted by cyberattack on Tuesday evening – company responds.

Varta, a leading battery manufacturer, announced last night that it had fallen victim to a serious cyberattack. The company, based in Ellwangen, stated that its IT systems and production facilities were temporarily shut down due to the attack.
Varta has not yet been able to provide specific information on the impact of the attack. It is unclear whether there has been any financial damage. However, the company is striving for a quick restoration of normal operations.
A company spokesperson confirmed on Wednesday afternoon that the hacker attack affected not only the IT systems but also production at five of the group's locations. Three of them are in Germany, the others in Romania and Indonesia. The administration is also affected by the incident.
Varta officially announced on Tuesday evening that parts of its IT infrastructure had been the target of a cyberattack. As a security measure, the company itself shut down the IT systems. The exact extent of the damage is currently not yet assessable.
At the moment, it is also uncertain when production can be resumed. A definitive statement on this could not be made by the spokesman. The battery company is currently in a financially difficult situation and had to announce a restructuring and job cuts last year to reduce costs.
Varta is listed on the SDAX and supplies battery solutions to a wide range of industries worldwide. The company specializes in high-quality and innovative products that are used in a variety of applications.
The recent cyberattack shows how important a robust and secure IT system is for companies today. Varta will do everything in its power to successfully fend off the attack and get its production up and running again as quickly as possible.