Bankruptcies in Salzburg: dramatic increase to 37.5 percent!

Bankruptcies in Salzburg: dramatic increase to 37.5 percent!

In the first quarter of 2025, Salzburg experiences a dramatic increase in bankruptcy, which is alarming above the Austrian average. According to the KSV1870 credit protection association, the number of pending procedures rose by 37.5 percent compared to the previous year. The small and independent companies that represent a large part of the bankruptcies are particularly affected. Aliki Bellou, the state and bankruptcy leader of the KSV1870, warns of a worrying trend: "Two out of five bankruptcy proceedings affected creditors who are empty," as she noticed, while the liabilities in Salzburg decreased by 60.8 percent and are currently 40 million euros

growing numbers and high liabilities

In the first three quarters in 2025, 244 companies in Salzburg have become insolvent, which represents an increase of 15.6 percent compared to the previous year. The Windhager Group from Seekirchen receives special attention, which has recorded the greatest bankruptcy in Salzburg this year with liabilities of around 180 million euros. Weiss GmbH and Haas and Sohn Ofentechnik GmbH also follow with considerable liabilities that are 14.8 million euros.

The main drivers for these bankruptcies are industries such as trade, construction and gastronomy, which are still affected. The bankruptcies are mostly structured, which is reflected in a decline in the affected workers from 747 to 350. Despite these worrying statistics, the number of cases from the time before corona pandemic cannot be reached, since a total of 366 cases were registered in 2024. As krone.at , the precarious situation for many Salzburg companies is due to a combination of recession, geopolitical risks and structural problems.