25 employees
Metal trader Höller slips into insolvency
The next insolvency in the difficult economic situation: Höller GmbH in Wals opened bankruptcy proceedings at Salzburg Provincial Court on Wednesday. The metal trader cites the weak economic situation as the trigger.
The company was founded a good 20 years ago by former employees of the traditional Salzburg company "Höller Eisen". The company, which was active in the wholesale of machines, measuring instruments and tools, among other things, has now slipped into insolvency. Between 20 and 25 employees are affected.
The debts amount to around 768,000 euros. According to the company, the insolvency was triggered by the difficult economic situation. From today's perspective, the company is to continue as a going concern.
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