AA

Wienerwald Restaurants Insolvent Again

Die Traditionskette Wienerwald meldet Konkurs an.
Die Traditionskette Wienerwald meldet Konkurs an. ©Canva (Sujet)
The traditional restaurant chain Wienerwald is bankrupt again. The Commercial Court of Vienna opened insolvency proceedings on Tuesday.

The Wienerwald Restaurants-Gesellschaft m.b.H. is insolvent. The Commercial Court of Vienna opened insolvency proceedings on Tuesday at the request of a creditor, as confirmed by the creditor protection association AKV to the APA. According to KSV1870, only three Wienerwald locations were recently operated in Austria. The extent of the over-indebtedness is not yet known.

Attorney Wolfgang Sindelar has been appointed as the insolvency administrator. The first creditors' meeting as well as the report and examination hearing are scheduled for October 13, 2025. In the course of the proceedings, the existing assets will now be recorded and evaluated.

Rise and Fall of a Fast-Food Brand

In the 1970s, Wienerwald was one of the best-known restaurant chains in the German-speaking region. At its peak, the company operated around 700 restaurants in Germany and Austria, with approximately 1,600 locations worldwide employing around 30,000 people.

In 1982, the then holding company filed for bankruptcy. In the following years, there were several restructurings before further bankruptcies in Austria and Germany followed in 2003. The current bankruptcy is part of a long series of economic setbacks.

(APA/Red)

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

  • VOL.AT
  • Vienna English News
  • Wienerwald Restaurants Insolvent Again