Insolvency shock in Vienna: 110 ATLAS staff affected!

Insolvency shock in Vienna: 110 ATLAS staff affected!

The HR -REMICATION ATLAS Personal Management has filed for bankruptcy after two decades. According to the Alpine Officer Association, the company, based in Vienna, has applied for debts of around 3 million euros and a renovation procedure without self -administration from the Vienna Commercial Court. This bankruptcy are affected by 110 employees who received their salaries by December 2024. The company specialized in the mediation of qualified workers in industry, business, logistics and trade.

causes of bankruptcy and consequences

According to Atlas, the current difficulties are due to declines of sales that have arisen both during and since Corona pandemic. Many customers got into financial emergencies, which caused orders and there were significant failures. The creditors are expected to receive 20 percent of their claims, and the company is planning to renovate the business continuation, such as oe24.at added.

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OrtWien, Österreich
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