Salzburg chocolate before ruin: bankruptcy proceedings with 7.7 million euros in debt!

Salzburg chocolate before ruin: bankruptcy proceedings with 7.7 million euros in debt!

Salzburg, Österreich - At the Salzburg Regional Court, the bankruptcy proceedings via Salzburg Schokolade GmbH opened on Friday, which puts the “real Salzburg Mozartkugeln” “real Salzburg Mozartkugel” from Mirabell. The company's debt amounts to around 7.7 million euros, and the way for another bankruptcy is paved. A new bankruptcy application was made on Wednesday after the original renovation plan rate of 100 percent could not be met from the first bankruptcy. The production had been gradually discontinued since the end of last year.

The company's history is characterized by up and off. As early as 2021, Salzburg chocolate had registered the first bankruptcy, which initially resulted in a partial quota of 20 percent for the creditors, but the full repayment was left out until February 2025. This now leads to a current valuation of the company, which estimates their value with only 9.9 million euros. Originally, a higher value was assumed, which made the basis for the payment of the remaining 80 percent of the creditors.

effects on creditors and employees

Around 300 creditors have time until September 8, 2025 to register their claims at the Credit Protection Association 1870 (KSV1870). The first creditor meeting is scheduled for September 22, 2025. This uncertain situation is reinforced by the fact that the company assets consists exclusively of properties - there is no longer any material assets. The mass administrator, lawyer Johannes Hirtzberger, will now advance the utilization of the properties.

The employees who were still working in the company by the end of December 2024 had to give up their employment relationships in the meantime; The last ones were terminated at the end of April 2025. The last production run of the Mozart balls took place on December 6, 2024, which marked the loss of a traditional traditional product, which was accompanied by protests by employees: inside and the lack of a social plan for the 65 affected workers: inside.

economic context

The bankruptcy of the Salzburg chocolate is not an isolated case, but reflects a trend. According to EY, a high number of corporate insolvencies will also be expected for 2025. Even if the economic framework could easily improve through stabilized energy and material prices, economic uncertainty remains in the face of increasing inflation rates and geopolitical tensions. Companies have to adapt increasingly and drive innovations in order to be able to survive in the market.

Traffic in the global economy will continue to affect companies, such as Salzburg Schokolade GmbH. The dynamic developments in consumer behavior, especially due to increasing online trading, are a challenge to which the regional economy must also react.

While the history of Salzburg chocolate takes another turn, it remains to be seen how the creditors and employees will deal with the situation in the coming months. The local market is faced with the challenge of thinking again again.