Million-dollar bankruptcy of a well-known manufacturer of special vehicles

And it goes on to say: What made matters worse was that the business model requires significant pre-financing for the projects. Recently, neither additional credit lines nor a planned investor solution were available. Despite a high order backlog, there was a lack of liquid funds to complete ongoing projects and generate sales from them. Insolvency occurred.

About the assets of the Trilety GmbH from Hallein is at the Salzburg regional court Bankruptcy proceedings been opened. Confirm that AQUA and Credit reform the COURIER. 37 employees are affected by the bankruptcy. A lawyer became the liquidator Johannes Hirtzberger ordered from Salzburg.

The company, based on Schwarzbergweg in Hallein, has been developing and building vehicle bodies for street and rail cleaning since 1973. These are built on customer carrier vehicles. In addition to the standard range, the company also produces individual custom-made products and prototypes. The customers predominantly come from the municipal sector. According to the company register, the managing director is Mag. Stephan Trilety.

4.29 million euros in debt

According to the debtor, the liabilities amount to around 4.29 million euros, of which around 2.57 million euros are attributable to banks and around 551,000 euros to suppliers. The remaining liabilities relate to public creditors, personnel liabilities and other creditors.

According to AKV, active assets include fixed assets with book values ​​of around 860,000 euros, inventories worth around 1.25 million euros and semi-finished products worth around 562,000 euros. Customer claims amount to around 92,000 euros. The business property is subject to a lien. It still needs to be examined whether a realization will leave a surplus for unsecured creditors.

Future uncertain

It is currently unclear whether it is possible to continue operations to cover costs and whether renovation as part of a restructuring plan is an option. Without a quick takeover solution, there is a risk of closure and liquidation.