Insolvency chaos: Conon Möbel GmbH is fighting for your future!

Insolvency chaos: Conon Möbel GmbH is fighting for your future!

Waidhofen/Thaya, Österreich - In a dramatic step, the district court of Krems opened bankruptcy proceedings via Conen Möbel GmbH from Waidhofen/Thaya. This was officially announced by the Alpine Banker Association (AKV). Corona pandemic, especially the company specializing in school furniture, has heavily added, which led to a massive decline in order and an acute liquidity bottleneck. The value of the company is alarming: the liabilities amount to around 1.3 million euros, while the assets only make up around 180,000 euros. The overall situation concerns around 72 creditors who now have to react to bankruptcy.

The company sees itself in a desperate location without property. Despite internal restructuring attempts, the pressure is too great. In a press release, the AKV explained that contains may want to submit a renovation plan, the feasibility of which is now being checked. Dr. Mario Noe-Nordberg from Waidhofen was employed as insolvency administrator. The deadline for registration of claims ends on April 30th, and those affected can now submit their claims to the AKV.

Now contact AKV

For more information, creditors or those affected can contact the AKV to receive support. The association offers extensive care and can provide valuable information in this difficult situation.