Kahmann-Frilla Light advertising: Refurbishment plan started after the millions!
Kahmann-Frilla Light advertising: Refurbishment plan started after the millions!
Altlengbach, Österreich - The Kahmann-Frilla Lichtwerbung GmbH (KLW) from Altlengbach, Austria, is faced with considerable financial challenges. The family business established for over 50 years, known for its innovative light advertising projects, opened a renovation process with self -administration at the St. Pölten regional court on March 31, 2025. The company currently has debts of around 4.9 million euros and counts 261 creditors.
like 5min.at , 77 employees are affected by the bankruptcy. Despite the precarious Situation, KLW is aiming for continued operation of the company. The renovation plan provides for the operation to be maintained, while insolvency believers are to be compensated with a quota of 30 percent within two years.
background of bankruptcy
The causes of the financial imbalance lie primarily in enormous cost increases and declining sales development. The company's turnover remains below the level of 2018 and 2019. Despite a slight recovery in the 2023/24 financial year, the situation is tense because the current demand is not sufficient to overcome the economic difficulties.
KLW has a wide range of products in light advertising. One of the known projects is the Unicredit logo on the Danube Tower and special advertising solutions for large customers such as Stiegl, Austrian Airlines, ÖBB and Billa. The product range ranges from classic fluorescent signs to advertising towers to video halls and creative light installations, all of which are manufactured in Altlengbach. However, labor -intensive products are produced in a subsidiary in Slovakia to optimize costs.
perspectives of the renovation
The renovation plan is currently being examined for its feasibility and possible improvements by the Alpine Vergurgerverband (AKV). A successful renovation could help the company to recover from bankruptcy and to secure jobs. It remains to be seen whether KLW can pay 30 percent of the creditors and what perspectives will arise for the company's further economic activities.
The situation of KLW reflects a larger trend that in the DetailsOrt Altlengbach, Österreich Quellen
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