Insolvency shock in Eisenstadt: 36 jobs in danger!

Insolvency shock in Eisenstadt: 36 jobs in danger!

In Burgenland, an important climate and refrigeration company is facing the end! The company has initiated insolvency proceedings at the regional court of Eisenstadt, as reported 5min.at . The company has brought the company into a precarious situation. The previous documents show that a total of 105 creditors and 36 employees are affected by this bankruptcy proceedings. The liabilities amount to terrifying 3.6 million euros.

The decision to go into bankruptcy results from the drastic sales declines. The Alpine Officer Association (AKV) informs that the debtor has already approved a closure of the company, as there is not enough lucrative orders. The AKV has also clarified that the further procedure remains to be seen. This development illustrates the challenges with which many companies are confronted in the current economic climate, according to the AKV in its insolvency ticker on the current situation in Austria, including the bankruptcy of this company ( akv ).