Two companies in Salzburg and Vorarlberg have to register bankruptcy!

Two companies in Salzburg and Vorarlberg have to register bankruptcy!

St. Georgen bei Salzburg, Österreich - On June 3, 2025, there was a worrying increase in bankruptcies in Austria, which heavily burdened the economy and the employees concerned. The best known example is the bankruptcy of a local supplier with a petrol station in Salzburg, known as "Michael Dreßler GmbH", whose liabilities amount to around 1.75 million euros. The company, based in St. Georgen near Salzburg, not only offered food, but also had services such as car wash and as a post partner in the portfolio. This decline affects 11 employees and 24 creditors. The main reasons for the bankruptcy are in a failed sales process and a expired account frame.

In Vorarlberg, two companies also suffered a difficult setback. The "Alpine Equity Management GmbH" reported bankruptcy, has debts of around 1.2 million euros and affects four employees. A decisive factor was the decision of a bank to liquidation that withdrawn the business basis for the company. At the same time, the "Alpine Value Management GmbH" reported bankruptcy with debt of 860,000 euros and two employees concerned. Here, too, Corona-related restrictions and the collapse of a business partner played a significant role in company closure.

Austria -wide insolvency situation

The AKV Insolvency ticker provides current information about bankruptcy, bankruptcy procedures and renovation procedures in Austria. This platform represents a valuable instrument for the pursuitability of corporate insolvencies in all federal states, including Vienna, Lower Austria and Tyrol. It is important to note that the content of this website is freely usable, but no guarantee for the correctness or topicality of the information is taken over. The user bears the risk of using this data.

In addition, the company demography of the insolvency statistics of statistics Austria is regularly updated. Since the first quarter of 2021, data about the registrations of legal units and bankruptcies have been available in Austria. The survey includes various economic sectors and is based on judicial insolvency proceedings that are documented in the edict file of the Federal Ministry of Justice.

effects on employees and creditors

The bankruptcy of the local supplier and the two Vorarlberg companies have a significant impact on the employees and creditors concerned. The lack of financial resources and the closure of the companies mean not only the loss of jobs, but also an increasing uncertainty for the creditors who hope for the paying of their demands. At a time when many companies already suffer from the consequences of the Covid 19 pandemic, this flood of insolvencies represents an alarming development that could further destabilize both employees and the entire economy.