Massive decline in sales, especially in the art foundry, after public sector contracts in particular almost stopped. Added to this are the general increases in personnel and energy costs. These are the reasons that drove the company to ruin.
The speech is loud AQUA and KSV1870 of the Feiner GmbH with headquarters in 8682 Hönigsberg, Industriepark 8, and the foundry in 2620 Wartmannstetten, Gewerbestraße 25. It has filed for bankruptcy proceedings at the Leoben regional court. 17 employees are affected by the bankruptcy.
Debts and assets
The liabilities amount to around one million euros, of which 423,000 euros are attributable to banks, 266,000 euros to employees and 149,000 euros to suppliers. The assets are valued at 425,000 euros, of which 200,000 euros are outstanding customer claims, “which, however, are likely to have been assigned to the financing bank”.
No renovation
No renovation is intended. The company is to be liquidated.