EWO builders in Ebenthal: bankruptcy and hope of renovation!

EWO builders in Ebenthal: bankruptcy and hope of renovation!

On May 30, 2025, the Alpine Vendor Association opened insolvency proceedings on the assets of EWO-Bauträger GmbH from Ebenthal. According to [meinzirk.at] (https://www.meinbezirk.at/klagenfurt/c-wirtschaft/firma-mit-mit-t-der-der-der-der-der-der-der-der-der-der-der-der-wirts, it is a renovation process that is carried out without self-administration. However, the company's managing director, Alexander Petritz, sees the EWO builders as worthy of renovation and expects a revival of the order situation after successful restructuring measures.

The EWO-Bautbärt GmbH, which was founded in 1995, is active in the area of ​​property developer. This includes acquisition, administration, renting and leasing real estate as well as construction activity. Due to a massive decline in the property activity and the associated financial difficulties, no employees are currently employed; The last employees were deregistered on April 30th. The decline in property sales in the industry was particularly noticeable in 2023, which forces essential group companies such as RM-Bauträger GmbH for restructuring or insolvency, according to Kleine Zeitung.at.

financial challenges and renovation plan

The financial circumstances are more tense than ever. With liabilities of around 3.95 million euros and assets of around 2.613 million euros, EWO builders face major challenges. The assets consist of property, machines, office equipment, vehicles and a helicopter. Around 55 creditors are affected by the bankruptcy, but no employees, which also complicates the situation.

In order to stabilize the financial situation, the renovation plan provides for setting 20 percent of the liabilities within 24 months. This step could be crucial for the company to get back on its feet, the experts report from KSV1870.

an insight into the bankruptcy situation in Austria

bankruptcies are not uncommon and often reflect a difficult economic reality. As Statista.com, there are also numerous companies in Austria that are faced with similar challenges. The bankruptcy proceedings aim to create a fair balance between over -indebted debtors and their creditors. Despite the worries that this procedure triggered, it can be the first step towards a fresh start, as in the case of the EWO developer.

The pressure of the main bank, which made loans, and liability from projects in Germany and Slovenia contributed to the company's insolvency. In a market that is characterized by declines, it remains to be seen whether the EWO builders can tear the rudder around with their adaptation strategies.

Developments related to EWO builders are an impressive example of the risks and challenges that the construction industry in Austria is currently facing. How the situation will develop remains exciting.