Insolvency shock in Carinthia: Marolt Hotels is fighting for renovation!
Insolvency shock in Carinthia: Marolt Hotels is fighting for renovation!
St. Kanzian am Klopeiner See, Österreich - The hotel company K.S. Betriebs GmbH from St. Kanzian am Klopeiner See faces a serious crisis. After an bankruptcy request, it became known that the company's over -indebtedness was around 1.67 million euros. According to the Alpine Officer Association (AKV), insolvency proceedings on the company's assets were opened, which suffers significantly from increasing costs for energy and food, which could not be compensated for by higher room prices. The considerable price challenges and rising lease interest payments now mean that hotel companies stand without income. Currently no more employees are employed, with around 80 employees still working in the 2024 season, such as krone.at reported.
renovation plans in view of
Despite the factual closure, the company apparently intends to complete a renovation plan with a repayment rate of 30 percent within 18 months. The financing is to be secured by open purchase price claims. The AKV states that the liabilities are currently around 2.33 million euros, while the assets are only around 630,000 euros. The declines of sales caused by storm and flood events in recent years have also tightened the situation. The company also affects a legal dispute over additional claims of around 300,000 euros, which results from an expired energy train contract, such as The challenge for the former FPÖ politician Heinz Anton Marolt, who functions as managing director, seems to be enormous. Since the insolvency status affects around 25 creditors - including public bodies with claims of around 413,000 euros - it remains to be seen whether the planned measures will be successful to save the company. The bankruptcy proceedings will have to take place under the changed economic framework and the pressure of increasing costs.
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| Ort | St. Kanzian am Klopeiner See, Österreich |
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