Triple bankruptcy shaken Salzburg and Vorarlberg-crisis meets companies!

Triple bankruptcy shaken Salzburg and Vorarlberg-crisis meets companies!

The economic situation in Austria is increasingly tense, as current bankruptcy reports from Salzburg and Vorarlberg prove. On June 4, 2025, three companies were insolvent in these two federal states, which further tightens the already critical situation. The Vorarlberg region is particularly affected.

In Salzburg, ** Michael Dreßler GmbH **, a company in the local supply and petrol station, reported bankruptcy. The company from St. Georgen has debts of approximately 1.75 million euros. A total of 11 employees and 24 creditors are affected by this bankruptcy. The main reasons for the bankruptcy are a burst company sale and a leaked account frame.

inefficient corporate management in Vorarlberg

In Vorarlberg, with ** Alpine Equity Management GmbH ** and ** Alpine Value Management GmbH **, two other companies are insolvent. Alpine Equity Management GmbH, which worked in the field of management and investments, has debt of around 1.2 million euros and employs four people. The condition for the bankruptcy was a decision by a bank to liquidate further financing.

The management consultancy Alpine Value Management GmbH recorded debts of around 860,000 euros. Two employees are affected here, and Corona-related restrictions and the collapse of a business partner are mentioned as the main causes. Both Vorarlberg companies have already been closed.

increase in bankruptcies in the country

The current bankruptcies are part of a worrying trend. In the first three quarters of 2024, the number of company insolvencies rose by 58.8 % compared to the previous year. Industries such as the construction industry, trade and gastronomy are particularly affected. As Regina Nessohn from KSV1870 emphasizes in Feldkirch, many companies fight with poor business and lack of income, which leads to pressure on economic stability. Krone reports about the 127 company bankrupt could be opened. In these cases, the creditors usually do not receive any repayments.

Most of the company slides do not apply to the construction industry with 24 cases, followed by trading in 21 and the catering with 20.

regulatory framework

The figures on corporate bankruptcy are created on the basis of constant statistical surveys. Statistics Austria has been obliged to publish data on corporate registrations and bankruptcies on a quarterly quarter of 2021. This data serves not only the transparency, but also the analysis of economic trends and corporate demography in Austria. The legal foundations for this can be found in the Ordinance on European Company Statistics (EBS) and in national regulations. Statistics Austria represent the economic framework.

Overall, the Austrian economy faces significant challenges, which are reinforced by the latest bankruptcy reports. Linking economic pressure and falling consumption creates a situation that brings both companies and employees into a precarious position.