Postalm: bankruptcy proceedings filed – salzburg.ORF.at
The lift company on the Postalm between Strobl and Abentau (Flachgau/Tennengau) filed for bankruptcy proceedings at the regional court on Thursday. The ski resort is thus a case for the bankruptcy judge. The reason is the loss of sales due to the mild winter.
Responsible for the restructuring process are the sales losses in January due to the mild weather until the middle of the month. The two lift companies could no longer compare all the claims and filed for bankruptcy on Thursday. According to the application, the debt should amount to around 450,000 euros. It is not yet known which assets can be valued. According to the Credit Protection Association of 1870, the assets of the ski area must now be collected.
Twelve employees and around 40 creditors are affected by the insolvency, the latter can file their claims with the court until April. The restructuring plan provides for a 30 percent quota within two years. A ski area with cross-country ski runs and winter hiking trails is operated on the Postalm. Operations on the Postalm are to be continued. With the fresh snowfall in the second half of January, the Postalm lifts increased their staff to around 20 and are now in full operation. “We are back on course. We are now also very optimistic that we will have a good February and March,” said Managing Director Linus Pilar last week.
Nobody will talk about bankruptcy
At the end of January, the company announced that it had gotten into financial difficulties and that it wanted to initiate restructuring proceedings. There was also a crisis summit with the communities of Strobl and Abtenau. A reorganization procedure can already be initiated when insolvency is imminent – not just when the court comes into play.
Postalm managing director Linus Pilar does not want to talk about bankruptcy. The company will be restructured. Most of the landowners approved the redevelopment plans at the summit at the end of January. Discussions with the mayors and tourism associations also went well.