Well-known Viennese dance school is insolvent

Well-known Viennese dance school is insolvent

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Image: Weihbold

The losses during the corona pandemic were cited as the cause. The company was founded by Roman Svabek, who gained prominence primarily through his work at the Vienna Opera Ball. He worked as master of ceremonies at the ball for many years – until 2018 – and was responsible for the opening.

It was said that the company based in Alsergrund was no longer able to reverse the economic trend even after the Corona measures were removed. No renovation is planned. According to the information available to KSV1870, the liabilities are around 337,000 euros.

Roman Svabek emphasized in an interview with the APA that the company was in bankruptcy – and it would also be closed. However, dance fans can hope. What happens next is still unclear in detail, emphasized Svabek. There are still dance courses that will continue, he said.

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Source: Nachrichten

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