Traditional Salzburg company before bankruptcy: Fate Day on December 10th!

Traditional Salzburg company before bankruptcy: Fate Day on December 10th!

Salzburg, Österreich - A Salzburg company is on the verge of bankruptcy after the house bank has due to repayment of loans from the Corona pandemic, as orf Salzburg . Despite a state subsidy of six million euros, four million euros in exterior statements result from this period, of which the bank made two million euros due to repayment in early September. Managing Director Maximilian Gössl blames the bank to the financial problems and demands more time to repay. The deadline for the repayment expires on December 10th, and management consultant Gerald Zmuegg will inform you on Tuesday morning whether the company that has existed since 1947 has to go to the insolvency court.

In the middle of these financial turbulence, interested investors can benefit from the currently high interest for secure investments, as comparison.de reports. Fixed deposits and overnight money are currently available as attractive options. Investors can secure interest rates of up to 3.5 %, which makes these systems attractive, especially for less risk -reinforced investors. Above all, overnight accounts enable flexible and safe investment, while variable interest rates can also be secured for fixed deposits during the term. The statutory deposit guarantee for bank deposits up to 100,000 euros also ensures a high level of security for investors.

The financial situation and investment strategies

The company's sudden financial challenges reflect the uncertainties that many companies are faced with. At the same time, interesting investment opportunities open up for investors due to the current interest rate. In particular, ETFs that invest in global stock indices promise a return increase of approx. 8 % per year in the long term and can serve as a sensible addition to daily and fixed deposits. If the company's current financial difficulties cannot be solved, the situation for the over 100 employees affected could have serious effects, while investors are trying to identify the best options in an unsafe market.

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OrtSalzburg, Österreich
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