Shock for Innsbruck: Signa Kidinvest AG with enormous debts in the crisis!

Shock for Innsbruck: Signa Kidinvest AG with enormous debts in the crisis!

The Signa Kidinvest Development AG, a holding company in the sphere of influence of the economically stricken Signa Group, faces serious financial difficulties. According to the creditor protection association KSV1870, comprehensive cleanup of the corporate structure is necessary. According to KSV, Signa Kidinvest Development AG currently does not employ any employees and its company participations, including Kidinvest Administration GmbH and Kidinvest Vertrieb GmbH, have lost their value due to bankruptcy. The liabilities, which are estimated at around 14.32 million euros, mainly consist of so-called intercompany liabilities of around 14.2 million euros, as tirol.at reports.

With a foundation in 2015 and a headquarters in Innsbruck, Tyrol, the AG is primarily active as a complementary for several participation companies. Despite its investments, the Signa Kidinvest does not have operational activities. Your branch in Vienna also shows that the company is anchored in regional business, but has been crumbling the economic basis since the application for bankruptcy. The current annual financial statements as of December 31, 2022, the companies such as Companyinfo.at , reflects the precarious location of this society.