Crisis at the window manufacturer: traditional company in Natternbach shortly before bankruptcy!

Crisis at the window manufacturer: traditional company in Natternbach shortly before bankruptcy!

Natternbach, Österreich - A traditional window and door manufacturer based in Natternbach sees itself in a serious financial crisis and plans to register bankruptcy. The company was founded as a sole proprietorship in 1926 and has been an GmbH since 2006. The management led by Ms. Martina Saggeder recorded losses of around 1.5 million euros each in 2023 and 2024. The current status reflects the challenges with which many companies are faced with the current economic situation.

A total of 118 creditors are affected that claim claims of over 8.8 million euros. Around 5.67 million euros of these claims are covered, while around 3.22 million euros remain uncovered. The company has free assets of around 250,000 euros, which also complicated the situation. The exact reason for the bankruptcy is examined in more detail in the current procedure.

renovation plan and future prospects

The management has already designed a renovation plan that provides for the company's continuation. The aim is to offer the creditors a quota of 20 percent of their demands, which is to be paid within two years after the plan was accepted. However, this repayment only takes place after the plan has been confirmed and the lifting of the insolvency proceedings. The renovation plan adheres to the minimum legal requirements for a renovation process without self -administration.

Corporate renovation is a crucial process that can preserve payable companies from breaking up. A comprehensive renovation plan must include business, organizational, tax and legal measures. In order to create a detailed plan, it is important to identify the cause of the financial emergency and take suitable measures. This can include sales of non -required goods, negotiations with creditors or the reorganization of the management. The focus is on ensuring the continuation of the company and returning to the success lane with a sustainable concept, such as "https://www.advocado.de/ratgeber/insolvenzrecht/firmeninsolvenz/unternehmensanierung.html"> Advocado.de emphasized

overall economic context

The current situation of the company is part of a larger trend, since many companies are under pressure due to economic factors such as inflation, turning point and high energy costs. These factors mean that companies have to operate and restructure crisis management in order to secure their future. Various possibilities of corporate renovation are available, including both judicial and extrajudicial procedures. The goal is always to avoid the company.

The restructuring process offers the possibility of addressing the insolvency by a majority of the plan. A broad support in the believer meeting can be decisive. In the event of uncertainties in the financial situation, the company should carefully examine all available options in order to have alternatives to act and to avoid a timely application for bankruptcy, as is for Ebnerstolz.de is highlighted.