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Electronics Production | April 03, 2008

Tschuden declares insolvency

The Austrian electro-technology company Tschuden has filed for insolvency at the Landesgericht Klagenfurt.
The company has debts of €385.500 (Kreditschutzverband von 1870 (KSV)). Reasons for the insolvency were the high number of bad debt losses.

Tschuden specialises in routers, antenna and lightning protection equipment and described the order inflow as „sufficient“.

Tschuden already announced insolvency six years ago. However, the company was able to recover and continue production.

The company currently employs 5 workers. The assets are €496.000 while liabilities amount to €881.000. 60 creditors are affected by this insolvency.
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November 15 2018 5:25 pm V11.9.0-2