Founded in 1992, the family-owned company operated in several locations in Austria – including Vienna, Wels, Radfeld, Fürnitz and Hohenems – as well as in foreign markets: Italy, Switzerland and Slovakia. According to the company, the fleet comprised more than 700 vehicles.
Reasons for the bankruptcy
The insolvency proceedings were opened on 9 March 2026 at the request of Österreichische Gesundheitskasse (ÖGK), which acted as a creditor. The main reason was arrears in paying social security contributions. The company’s total liabilities exceed EUR 15 million, including around EUR 9.25 million owed to banks, EUR 3.2 million to ÖGK and EUR 1.8 million to the tax office.
Kreditschutzverband KSV1870 (an Austrian private…