Vehicle manufacturer Pongratz insolvent | News.at

2023-09-06 20:04:00

This was announced by the creditor protectors KSV, AKV and Creditreform.

50 employees and 140 creditors are affected, they should receive a quota of 30 percent. The company is to be resized and continued, but it may need an investor.

According to KSV, there are 14 million euros in liabilities and assets of seven million euros. Reasons are low demand, price pressure and high personnel costs.

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