Thursday , November 26 2020

Waagner-Biro: The sale is due to bankruptcy | Bankruptcies | File & Series



In the group of insolvent Anlagenbauer Waagner Biro, the sale is on. For the scent engineering section, it should be as far next week, says the insolvency manager.

Even before Stage technology subsidiary of the Waagner-Biro Group as a result of the bankruptcy of other parts of the group also threatened to go bankrupt, Austrian reorganizer Erhard Grossnigg has made an offer to the scent technology company Austria Stage Systems.

According to "pressure" there is a competitor, but Grossnigg's chance of winning the contract is considered to be very large. "I want to close sales next week," Romana Weber-Wilfert, insolvency administrator of Waagner-Biro AG, quoted in the newspaper.

Also the sale of the insolvent Brobyggen subsidiary (Waagner-Biro Bridge Systems AG) is driven forward. For the offer period, it is as reported until December 7th.

At the same time, another subsidiary of the insolvent Waagner-Biro AG, it WBB steel and mechanical engineering AG, filed a bankruptcy proceedings at the Commercial Court of Vienna. This is what the creditors association AKV and KSV 1870 have announced. The small company has only one employee, the total debt against the 10 affected creditors amounts to approximately 160,000 euros. (Monkey / Red)


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