Grieskirchner Brewery was unable to pay January wages

Grieskirchner Brewery was unable to pay January wages

Owner and managing director Marcus Mautner Markhof
Image: Silvia Zellinger

On December 16, 2022, the Grieskirchen brewery fulfilled its restructuring plan. The company filed for bankruptcy in 2020 and there was a restructuring process with self-administration (30 percent quota).

Now the brewery, first mentioned in a document in 1708, is having problems again. After there had recently been rumors about possible payment difficulties, it is now clear: the wages and salaries of 34 employees were not paid in January. The owner of the brewery, Marcus Mautner Markhof, speaks to the “BezirksRundschau” of “liquidity difficulties”.

Another insolvency cannot be ruled out

According to him, it’s about the sharp increase in costs for energy and packaging materials. They are in the process of solving the problem and trying to raise money. He cannot rule out another bankruptcy. After insolvency occurs, a company must by law file for bankruptcy immediately, but within 60 days at the latest.

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Source: Nachrichten

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