Kostad Steuerungsbau GmbH: renovation procedure according to e-mobility crisis

Kostad Steuerungsbau GmbH: renovation procedure according to e-mobility crisis

On May 30, 2025, Kostad Steuerungsbau GmbH was applied for a renovation process without self -administration at the Wiener Neustadt regional court. This information was published by the Alpine Officer Association (AKV). Kostad Steuerungsbau GmbH, which specializes in series production in the area of ​​charging infrastructure for electric vehicles, has made a name for itself with special solutions, software and extensive services such as assembly, repairs and maintenance.

The cause of the bankruptcy is to be found in the expiring state grants of e-mobility, which led to a significant market uncertainty. This uncertainties meant that major customers did not remove their acceptance and conversations with potential investors remained unsuccessful. Ultimately, this led to the recognition of the company's insolvency.

Employment reduction and creditor matters

As a result of the tense Situation, the number of employees was originally reduced from around 80 to only 46. Around 150 creditors are currently affected with claims of around 18.5 million euros. The renovation plan stipulates that insolvency believers should receive a 20 percent quota to complete their claims in full within two years after acceptance of the plan. The implementation of this renovation is to be made possible by an investor.

claims can be submitted via the Alpine Vergurgerverband. Kostad Steuerungsbau GmbH thus faces a decisive phase to cope with your financial difficulties and to secure the company's existence.

General context on corporate insolvencies

The situation of Kostad Steuerungsbau GmbH is not isolated, but fits into the current trend of corporate insolvencies in Germany. In 2024, 21,812 companies filed for bankruptcy, which corresponds to an increase of around 4,000 compared to the previous year. The number of bankruptcy rose by 22.4%, a similar increase as in 2023. The reasons for these growth are current and earlier crises that burden many companies.

Especially affected companies that have been on the market for several years. In 2024, a total of around 270,000 commercial companies and estimated 90,000 freelance activities were hired. If all bankruptcies would lead to corporate liquidations, about 6% of all company closures would go back to an application for bankruptcy. This development illustrates that bankruptcies represent a rare but significant form of corporate closure that has a significant impact on the economy.