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Largest Insolvency in Styria: Fisker GmbH and its Effects
The insolvency of the Austrian Fisker subsidiary has far-reaching consequences for the Styrian economy. With a mountain of debt of almost four billion euros, it is the largest corporate bankruptcy of the year.
The bankruptcy of the Fisker subsidiary is the largest in Styria so far this year and now also the largest in Austria. / Picture: © Wikimedia Commons/ Matti Blume/ CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0/deed.en)
In the first report and examination hearing in the insolvency proceedings of the Austrian Fisker subsidiary, claims amounting to over 1.16 billion euros were filed, of which only 10.92 million euros were recognized, as reported by ORF. The majority of the claims of more than 1.15 billion euros are disputed. Credit…
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