A month after Christof Industries Austria GmbH went bankrupt, a reorganization application has now also been submitted for the personnel provider in Wels, which belongs to the group of companies.
Insolvency manager Alexander Isola has been in charge of Christof Industries Austria GmbH since the end of September. Despite the financial turbulence, the industrial installation manufacturer is currently processing more than 300 projects at home and abroad. During the rehabilitation process, the operation of the factory builder will continue. Although Christof Industries Austria is headquartered in Graz, most employees work in Wels.
Personnel provider now also insolvent
In the course of the bankruptcy of Christof-Industries-Austria, the company’s network personnel supplier had to file a restructuring application: FMT Personalservice GmbH, based in Wels. According to the Credit Protection Association, the debts amounted to about 892,000 euros in 1870, 39 employees were affected. According to Creditreform, FMT Personalservice GmbH has most of its obligations towards employees and tax creditors.
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.
