“The family business JustLaser specializes in laser machines for engraving, cutting and marking a wide variety of materials, such as metals, wood, acrylic, plastics, textiles and much more. The company, based in the Wels area, Austria, is characterized by a unique team of experts who have many years of industry experience. The precise laser cutters, laser engravers and laser machines from JustLaser offer a simple and powerful tool for industry and commercial companies,” it says on the homepage.
About the assets of the JustLaser GmbHFN504115x, based in Thalheim near Wels is on Wels Regional Court a Bankruptcy proceedings been opened. Confirm that AQUA and KSV1870 the COURIER. 11 employees are affected by the bankruptcy.
The applicant company is active in the trade and service of laser machines. “As stated in the opening application, the plan was to gain market shares through a new business concept with a focus on OEM partnerships instead of in-house production,” it continues.
The causes of bankruptcy
“The causes of bankruptcy are attributed to the fact that the debtor company has been confronted with extremely difficult economic conditions since its founding (corona pandemic, energy crisis, inflation, war in Ukraine, crises in the Middle East and comparable developments). This meant that the original corporate plan was significantly missed,” says the AKV. “In 2024 and especially 2025, there was a noticeable decline in incoming orders. The expectation of an easing of the economic situation was not fulfilled as a result of the war in Iran and the renewed energy crisis it triggered, but rather turned into its opposite.”
Under these circumstances, the debtor is no longer able to “present in a comprehensible and serious manner a medium-term positive business development, which would be necessary as a prerequisite for further financing.”
Debts and assets
Die liabilities will be with around 2.7 million euros. “On the assets side, there is inventory of around 1.5 million euros and fixed assets are valued at 175,000 euros.
No renovation
No continuation or renovation is planned. The company is to be closed.
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