Tag: Signa Development Selection AG

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Gold rush atmosphere – Benkos Signa makes the cash registers ring

The biggest bankruptcies in Austrian economic history also highlight some of the weaknesses of Austrian insolvency law: there has been a kind of gold...

Personal fate – Signa creates a “real blood trail in the trade”

René Benko's once dazzling Signa Group continues to crumble. Creditors of Signa Holding have registered claims worth 8.6 billion euros. However, a...

A state-owned company takes over Signa’s shares during a construction project in Vienna

The financially distressed Signa Develpment can look forward to a cash injection: the state real estate company BIG is buying shares in Vienna Twenty...

“For stabilization” – Haselsteiner grants Signa Development emergency loan

As already announced in a “ZiB 2” interview, major Signa investor Hans Peter Haselsteiner has contributed 25 million euros to the bankrupt Signa Development...

The next blow: Benko’s villa is seized: years of evading taxes?

Real estate juggler Rene Benko has suffered another setback after several bankruptcies: the Republic has now seized the villa he uses privately in Innsbruck....

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