Bankruptcy of millions: Innviertel sausage specialist Kletzl is insolvent

Bankruptcy of millions: Innviertel sausage specialist Kletzl is insolvent

118 creditors are affected by the bankruptcy.
Image: Wolfgang Filser

The Innviertler meat and sausage specialist Kletzl (“Kletzerl”, permanent sausage, meat loaf) is insolvent: According to creditor protection agency AKV, the company based in Aspach has submitted an application to the Ried regional court for restructuring proceedings without self-administration. 118 creditors and 36 employees are affected. According to the application, the liabilities are 5.6 million euros. The AKV did not provide any information about the assets.

  • also read: Restaurant bankruptcy in Linz: The Fischerhäusl is insolvent

According to the application, one reason for the insolvency is the corona pandemic: a major German customer failed, which led to a drop in sales. In addition, there were increased energy and raw material costs, which could only be passed on to customers to a limited extent. A continuation of the company is planned. The creditors should receive a quota of 20 percent within two years.

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