Now it will be done: because she could not make a deadline for a payment during the current renovation process, Salzburg Schokolade GmbH applied for a bankruptcy procedure again on Wednesday. The factory and real estate will be sold soon.
Salzburg has been a chocolate production history for months; Last December the last Mozart -Bal of the Assemblage Line in Val Gardena rolled. The company behind it, Salzburg Schokolade GmbH, had gone into the bankruptcy. Also because the most beautiful customer Mondelez took his Mozart ball production from Grödig. The Mozart balls are now produced abroad.
Land is now being sold
The Chapter Salzburg chocolate is not nearly over yet. Open debts and a complex renovation plan with full reimbursement of the creditors until February 2025 were a fixed part of the renovation plan. The owner of the Salzburg Chocolate, the KEX group from the Julius Meinl area, had completed this in 2022.
However, the reimbursement did not happen, as the KSV 1870 Credit Protection Association announced on Wednesday evening. At least 7.7 million euros is still open. The sale of the factory and the country is now imminent. Subject to the opening of the bankruptcy procedure to the court and further steps.
Salzburg Schokolade GmbH had given its ownership shares to fulfill the remaining 80 percent as a security of the former insolvency manager as a trustee. The country may only be used if the second quota cannot be paid on time. This requirement has now taken place.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
