Gössl before bankruptcy: Corona mugs and banking strain strain the traditional costume house

Gössl before bankruptcy: Corona mugs and banking strain strain the traditional costume house

The situation at the Salzburg costume company Gössl is alarming. In a press conference that took place in Vienna on Monday, Managing Director Maximilian Gössl made it public that the company is currently unable to pay millions. This innovation indicates an impending bankruptcy that could have serious consequences for the traditional company.

Gössl reported that the reasons for the current financial crisis are complex. In addition to corona apandemia, which many companies have strongly played, the role of political decisions and Bank Austria also played a crucial role. The company currently employs 113 people and expects sales of around 15 million euros for the year. Interestingly, Gössl wrote black in front of the pandemic and was financially stable.

financial difficulties and allegations

In a terrifying step, the management of Bank Austria has now received the accusation of deliberately working on the company's bankruptcy in order to be able to use government guarantees. The accusation states that ongoing loans in the millions have been given prematurely. This indicates a potential mismatch between the banking system and the company. The bank itself has decidedly rejected the allegations and emphasizes that no further details on the ongoing business relationships can be made available due to banking secrecy.

The financial difficulties of Gössl are not only a business affair, but also raise questions about the practices in the banking sector. While many companies recover from the consequences of pandemic, it seems as if Gössl is in a critical situation despite all efforts. The impending decisions could have a lasting impact on the fate of the company and its employees.

Despite this tense financial situation, the Gwandhaus Gössl remains a cultural center in Salzburg. The planned exhibition by the artist Franz Brandner entitled "Dialogue with Nature", which is to take place from November 21 to December 1, 2024, shows that the company is not exclusively focused on its current difficulties. The exhibition will present a collection of works that deal with the unique flora of the deserts, especially the cacti. This clarifies that, despite financial challenges, the company remains closely connected to the cultural region.

The upcoming developments in the Gössl case are crucial. It remains to be seen whether the company can escape bankruptcy or whether other measures have to be taken. For current information on this topic, see the report on www.meinbezirk.at .

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