Gössl in the crisis: Traditional company applied for renovation!

Gössl in the crisis: Traditional company applied for renovation!

Salzburg, Österreich - The renowned Salzburg traditional costume company Gössl GmbH and its subsidiary Gössl Gwand GmbH see themselves in a financial crisis and on December 10, 2024, at the Salzburg Regional Court, asked for the opening of a renovation process without self -administration. As already Kleine Zeitung reported, the liabilities of both companies amount to over 13.6 million euros. 190 and 75 creditors and a total of 127 employees are affected, including 46 at Gössl GmbH and 81 at Gössl Gwand GmbH. Companies are aiming to continue business and offer unsecured creditors a statutory minimum rate of 20 percent within two years.

The financial difficulties of the two companies are above all the result of Covid-19 pandemic, increased costs and problems with credit management. Gössl GmbH, known for the production of outerwear, has over -indebtedness of around 8.13 million euros, while Gössl Gwand GmbH, active in retail, is fighting around 3.39 million euros. In addition, the company's business has deteriorated, including due to the bridging loans on the part of the house bank and late support payments from Cofag, such as reports from 5min.at . Negotiations on runtime extension or debt rescheduling failed.

a company with tradition

founded in 1947, Gössl has established himself in the high -quality traditional costume area. Despite the current economic turbulence, business should remain open. Effects of the energy crisis and changes in the buying behavior of customers have contributed to the current situation. Gössl Trachten GmbH, which held the trademark rights, is not affected by bankruptcy because it is not operational. Both companies plan to continue the business in the existing structure and to implement the corresponding measures for renovation.