Two Austrian organizations, the Alpenländische Kreditorenverband (AKV) and the creditor protection association KSV1870, reported on the bankruptcy in press releases and several Austrian media outlets.
According to the insolvency petition, ESIM Chemicals is not yet insolvent, but the liquidity planning for the second quarter of 2026 shows a shortfall. Restructuring consultants are being consulted, according to the press release. The Alpenländische Kreditorenverband puts the liabilities at just under €110 million, or even more than €147 million in the event of liquidation. This contrasts with assets of around €144 million. A total of 289 employees are affected.
The company is headquartered in Linz, Austria, where it has a large…