Kika/Leiner insolvent: vouchers worthless, 1,400 jobs in danger

Kika/Leiner insolvent: vouchers worthless, 1,400 jobs in danger

In Austria, the new bankruptcy of the furniture giant Kika/Leiner causes considerable unrest. On Monday, the company announced that the vouchers that were acquired by customers in the branches are now invalid due to this bankruptcy. Those affected can only claim their claims as part of the insolvency proceedings.

The message comes as a surprise to many, since Kika/Leiner has already faced financial difficulties in the past. The current situation not only puts 1,400 jobs in danger, but also presents the owners of vouchers with a challenge. Customers who own open vouchers are now forced to register their claims as a bankruptcy claim. However, this is associated with uncertainties, since they may only receive part of the voucher value.

The consequences for customers

The non -acceptance of vouchers in the branches is one of the immediately noticeable consequences of bankruptcy. Voucher buyers must now submit a claim that is associated with a fee of 25 euros. The Association for Consumer Information recommends that the customer, especially in the case of low -quality vouchers, to weigh up exactly whether registration is worthwhile, since the repayment in the insolvency proceedings is usually only a fraction of the original value. By January 10, 2025, creditors have time to register their demands.

The situation is particularly difficult for many customers, especially for those who have made down payments for larger furniture purchases such as kitchens. Whether you can get the full products depends on the decision of the insolvency administrator. It is possible that this will enter existing contracts, which would lead to the delivery of the goods when paying the rest of the amount. Otherwise the down payment also becomes a bankruptcy claim.

help from the competition

In the middle of this uncertain situation, the competition XXXLutz has announced that Kika/Leiner will take over open orders. Current details on this range of support are not yet known, but many customers could help complete their purchases, without having to bear additional costs.

The current bankruptcy is the second within two years for Kika/Leiner. The company had already registered insolvency in 2023, which led to the sale by Rene Benkos Signa. As a result, 23 out of 40 branches had to close, and around 1,500 employees lost their workplace. Now the remaining 17 branches, who still employ 1,400 employees, face an uncertain and possibly worrying future.

The fate of this Kika/Leiner branch could soon be sealed if no sustainable solution is found. The industry therefore faces major challenges, because the effects of this bankruptcy are far -reaching and not only affect the company itself, but also its customers and employees. The entire situation is also closely observed by industry experts because it reflects possible trends in the furniture industry and could have a lasting impact on the competitive landscape.

For more information about the bankruptcy and their effects on customers, See the current reporting on www.meinbezirk.at .