Esterhazykeller: Viennese traditional restaurant has to register bankruptcy!

Esterhazykeller: Viennese traditional restaurant has to register bankruptcy!

Esterhazykeller, Wien, Österreich - A Vienna's institution over 340 years old must close its gates. The traditional Esterhazykeller, known as a historical city heurier, reports bankruptcy. According to the Alpine Officer Association, a renovation procedure without self -administration was opened for Sagan & Walka GmbH, which runs the company. This sad end is largely due to the economic consequences of the Corona pandemic, the Ukraine War and the high inflation, which led to enormously increased fixed costs and the company's financial situation stuck, reported Oe24.at .

The Esterhazykeller, which has existed since 1683 and is known as the "folk cellar in Vienna", offered a unique ambience in the historic subsoil in Vienna. In recent years, similar to 2015 and 2015, the company management has already saved personnel and take various other measures to avert the crisis - everything in vain. Around 60 creditors and 12 employees are now affected by this bankruptcy proceedings. The creditors are offered a 20 percent quota that is to be paid within two years, such as another source, ,