Giving up? Certainly not! Since the opening of insolvency proceedings at Christof Industries Austria GmbH, everything possible has been done at the industrial plant manufacturer with the help of the bankruptcy trustee to secure the company’s future. A job offensive is also continuing on the Wels site.
A week and a half after the start of the restructuring process at Christof Industries Austria GmbH, the company is busy with everyday life: the production of the industrial installations continues unchanged, the next steps in the restructuring process are currently being taken with bankruptcy trustee Alexander Isola. What is striking: Despite a mountain of debt of 66.1 million euros, as communicated by the creditor protection associations on the day of the opening of the bankruptcy, Christof Industries Austria is bursting with action.
This is also visible in the vacancies on the company website. There are currently 24 vacancies on the Wels site – from safety specialists to project managers for mechanics and pipeline construction. The search for employees continues unabated. Of the current 360 employees, 240 work in Upper Austria. The missing salaries will be transferred from the insolvency fund in the coming weeks.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
