Austrian Times RSS FeedsLike the Austrian Times Facebook page!Follow us on Twitter!


Events for May
M T W T F S S
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Add your event FREE

Today

Polls

  • What would make you go to a restaurant?
  • show result

    all polls


Club Med


Bad weather has driven the debt-stricken St. Urban ski lift company in Carinthia’s Feldkirchen district out of business.

Ski lift operator sees business go downhill

Bad weather has driven the debt-stricken St. Urban ski lift company in Carinthia’s Feldkirchen district out of business.

The firm entered bankruptcy proceedings yesterday (Thurs), according to the Credit Protection Agency of 1870 (KSV).

It said the business had net debt of 900,000 Euros, with gross debt of 3.5 million Euros and assets of 2.6 million Euros. The bankruptcy affects 25 creditors.

KSV added that a period of bad weather closed the lifts over Christmas and higher costs in getting them restarted had driven the company to bankruptcy.

Austrian Times


Are you on Facebook? Like the Austrian Times on Facebook and win great prizes!




Related articles: crisis

  1. Coalition accelerates anti-corruption ambitions

    » General News 2012-05-24

    The government is intensifying its attempts to pass a transparency package in parliament.

  2. Pecik defends TA engagement

    » Business 2012-05-24

    Telekom Austria (TA) investor Ronny Pecik has declared himself a team player.

  3. IV demands focus on industry in crisis

    » Business 2012-05-24

    The general secretary of the Federation of Austrian Industries (IV) has appealed on Europe’s political leaders to strengthen the continent’s industry.

more related articles tagged "crisis"


Tag cloud:
Euros  stricken  Protection  Urban  affects  downhill  restarted  assets  business  debt  lift  weather  operator  Carinthia  creditors  gross  Feldkirchen  Christmas  bankruptcy  lifts


Latest News

 

Turks flattened by lone asylum seeker
A furious Nigerian went on the rampage at a refuge for asylum seekers in Leibnitz, attacking several people and damaging property.

Woman bites toddler
A woman who bit a two-year-old tot during a road rage row with her mother is being quizzed by police in Wiener Neustadt, Austria.

New Dany Boon comedy to be filmed in Austria
The French film star Dany Boon, one of the highest paid actors in Europe after his hit film "Welcome to the Sticks", is filming in Salzburg.

China meets Hallstatt
After a long time of speculation and anticipation the exact copy of Austrian world heritage village of Hallstatt-Dachstein in China will be unveiled, and there will be real-life Austrians present for the ceremony.

Skier in court after accident
A man from Graz is in court today accused of having inflicted negligent injury upon a five-year-old when skiing in Carinthia last year.

Two fires in Ottakring claim one life
Two fires started on Thursday evening in the Vienna district of Ottakring, one of which claimed a man’s life. Several people were evacuated as a result of the two blazes.

Cows zapped to death by lightning
Four cows were zapped to death after a lightning strike hit the barbed wire fence they were leaning on in Reith im Alpbachtal, Austria.

Wolf babies born in Schönbrunn
These cuddly Artic wolf cubs have got every right to look a bit frosty - after they emerged into the world for the first time in the middle of a 27 degree heatwave.

Cleaned Out
A Hungarian cleaning woman who stole tens of thousands of pounds worth of antique jewellery from an Austrian Countess and then sold it for "pocket money" unaware of its real value has been jailed by a court in Austria.

Great expectations for summer tourism season in Vorarlberg
The Vorarlberg tourism industry is currently riding high after a record breaking winter season, and the summer season is expected to follow that same trend.

 


Austrian Times Rieder´s Digests


music-school

Popular in Austria

The most popular stories –
last 7 days


Friends and Partners




CruiseDirect - Cruise Price Guarantee - Book Now