The insolvency proceedings for the company are to be opened on Tuesday at the Salzburg Regional Court. This affects unconfirmed information resulting in 140 employees and a three-digit number of creditors. In a letter from the management to the employees and business partners available to the APA, it was hoped to be able to continue the company.
Although profits have been made in recent years, the company was hit hard by the corona pandemic from 2020, writes managing director Christian Schügerl. Due to the massive decline in tourists, events and occasions such as birthday and wedding celebrations, the demand for sweets from Salzburg Schokolade fell – which led to a significant decline in sales. In addition, confectionery shops in Vienna and Salzburg were sometimes closed for weeks due to a lack of tourists.
The decline in sales from the previous year could only be partially compensated for in the new financial year. Despite new customers in the export business and the state Corona aid, as in the previous year, a considerable loss will be made again this year. “The current lockdown and significant increases in the cost of raw materials, energy, wages, logistics costs and packaging materials were further reasons,” continued Schügerl. That is why he filed for bankruptcy today, Monday.
November wages and salaries and Christmas bonuses cannot be transferred to employees. The company referred to the insolvency remuneration fund, which secured the payments, and advised employees to contact the Chamber of Labor (AK). The Salzburg AK President Peter Eder promised support to the employees concerned on Monday evening in the APA conversation. But first they will wait to see who will be used as trustee tomorrow. “Then we want to do everything possible so that people don’t have to worry financially, at least over Christmas.”
Salzburg chocolate is not only known for sweets for the end consumer – for example its brands Bobby chocolate bars, “Maria Theresia” -Taler and Salzburg Confisérie. The long-established company also produces the “Echte Salzburger Mozartkugel” from Mirabell exclusively for the US company Mondelez. The company also supplies bulk consumers such as bakeries and confectioners under the “nordpol” brand of semi-finished products such as nougat, marzipan, couvertures, waffles and glazes.