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116 employees in Stans are affected by the bankruptcy.(Bild: Johanna Birbaumer/Markus Mainka (www.aviation-stock.de)/Krone KREATIV)

The Tyrolean tour operator Travel Europe had to apply for the opening of restructuring proceedings, as reported by the "Krone". This affects 116 employees and 1900 creditors. Explosive: A look at a portal shows that it had rained millions in subsidies even during Corona. 

The 116 employees of Travel Europe Reiseveranstaltungs GmbH in Stans were confronted with bad news. On Tuesday, it was announced that the company had filed its own application for the opening of restructuring proceedings without self-administration at the Innsbruck Regional Court, which was opened in the afternoon.