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Lower Austria: Königsberg-Hollenstein Ski Lifts in Bankruptcy

The regional court of St. Pölten has opened bankruptcy proceedings for Königsberg-Hollenstein Skilifte GmbH in the Amstetten district. The KSV1870 reports that the debts amount to approximately 767,000 euros, while the assets are 120,000 euros. Seven employees are affected. Due to the poor forecast and lack of liquidity, the operation cannot be continued.

Claims following the insolvency of Königsberg-Hollenstein Skilifte can be submitted until December 30, according to Creditreform. The creditors' meeting and the report and examination hearing are scheduled for January 13, 2026. According to KSV1870, there are 43 creditors.

Winter Season of Königsberg-Hollenstein Skilifte Performed Poorly

Founded in 2012, Königsberg-Hollenstein Skilifte GmbH operates five drag lifts and a children's rope lift at Königsberg, as well as a bike park. Wirtschaftspark Ybbstal GmbH, as the owner, is said to have given Königsberg-Hollenstein Skilifte GmbH an ultimatum for the repurchase of the facilities. Attorney Christine Riess has been appointed as the insolvency administrator. According to KSV1870, the cause of insolvency is the poor development in the past winter. In the 2024/25 season, only a rope lift was operated on three days. However, 20 to 30 days are necessary to be economically positive. Additionally, the summer operation could no longer cover the damage of the winter season.

(APA/Red)

This article has been automatically translated, read the original article here.

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