Two Vorarlberg companies close their goals: Insolvency shock in Bregenz!

Two Vorarlberg companies close their goals: Insolvency shock in Bregenz!

Bregenz, Österreich - In Vorarlberg, the bankruptcy of two companies made headlines. The "Alpine Value Management GmbH" and "Alpine Equity Management GmbH" got into an economic imbalance on the same day. Both companies that are based in Bregenz and are managed by the same managing directors are faced with considerable financial challenges.

The "Alpine Value Management GmbH", founded in 2014, specialized in corporate value increases, financing and transactions. Your liabilities amount to around 860,000 euros, and two employees are affected. The bankruptcy is attributed, among other things, to the effects of corona pandemic and associated restrictions that disabled a sustainable new business. Most recently, the company also supported the insolvent turnkey finance GmbH.

Details on the second insolvency company

The "Alpine Equity Management GmbH" even has liabilities of around 1.2 million euros. Four employees are affected by the bankruptcy. This society acts as a management company and alternative investment Fund Manager (AIFM) and worked, among other things, for administration and sales efforts by investment companies. A decisive factor that led to bankruptcy was the decision of Hypo Vorarlberg Bank AG to prefer the liquidation, which resulted in the loss of the business basis.

The youngest bankruptcies are part of a worrying trend in Austria. According to CRI, the bankruptcy number is expected to increase to over 8,000 by the end of the year. This development is accompanied by a tense economic situation with high energy and wage costs as well as geopolitical tensions and political uncertainty. The forecasts for 2025 indicate a significant increase in bankruptcy, which could further tighten the situation for many companies. These circumstances strengthen the challenges that companies faced in the region.

economic framework in Austria

A decline in industrial production in the euro area is considerably charging domestic companies. Experts emphasize that the prospects are still dark. A survey of 1,400 companies shows a worse business climate than during corona pandemic. In addition, the creditreform forecast an increase in bankruptcies by 2 percent.

The current bankruptcies of the Vorarlberg companies illustrate the fragile economic conditions from which many companies in Austria have to suffer. The developments of the coming months will be crucial to cope with the ongoing economic pressure.

For more information on the bankruptcies and the economic situation in Austria, the articles can be found on 5min.at Vol.at and business-nachrichten.at are read.