Insolvency alarm in Klagenfurt: Two companies have to close!

Insolvency alarm in Klagenfurt: Two companies have to close!

In a dramatic turning point for the corporate landscape in Carinthia, it became known that PES GMBH, a provider of electricity generation plants and battery storage, has filed for bankruptcy. As the Kleine Zeitung , the company, which has been doing its business from Klagenfurt for seven years, has liabilities of around 4.4 million euros and is confronted with an over-indebtedness of around two million euros. 20 employees and 50 creditors are directly affected after the orders and sales have dropped dramatically in the past few months. As a result of a flood of complaints and massive price reductions for photovoltaic modules and electrical components, the company was no longer possible.

additional bankruptcies

But PES GmbH is not the only company that is in the difficulties. It is also reported on the bankruptcy of Hot Stuff GmbH, which specializes in the import of high -quality Harley Davidson motorcycles. According to Orf Salzburg , the company is burdened with liabilities of around one million euros. A massive decline in sales, from 140 Harley Davidson motorcycles a year to just 30 this year, has led to the current situation. A total of eight employees are affected and the economic problems represent an alarming development for the motorcycle industry.

These bankruptcies throw a light on the challenges with which companies are confronted in Carinthia while trying to survive in the economic environment of the energy -intensive industries. A further decline in order incoming and the mandatory need to reduce costs have already led several companies into bankruptcy, which further increases the uncertainty in the economy.