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Real estate company of ex-ÖBB boss Huber in bankruptcy

Summary by Der Standard AT
6B47, founded by former ÖBB boss Martin Huber and building contractor Erwin Krause, is bankrupt. Shareholders and banks did not want to contribute anything more

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6B47, founded by former ÖBB boss Martin Huber and building contractor Erwin Krause, is bankrupt. Shareholders and banks did not want to contribute anything more

·Vienna, Austria
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The Viennese real estate developer 6B47 Real Estate Investors AG is insolvent. Bankruptcy proceedings were opened against the company on Monday at the Vienna Commercial Court, as announced by the creditor protection associations KSV1870 and the Alpine Creditors Association (AKV). The debtor assumes liabilities of around 43.7 million euros to be taken into account. Around 130 creditors and 15 employees are affected. The continuation of the compan…

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The Austrian real estate developer 6B47 Real Estate Investors AG has filed for bankruptcy. On Monday, the company filed an application to open bankruptcy proceedings at the Vienna Commercial Court, as the creditors' protection association KSV1870 announced. The company's liabilities amount to approximately 43.7 million euros. Around 130 creditors and 15 employees are affected by the bankruptcy. A possible continuation of operations is currently …

·Salzburg, Austria
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VIENNA. Last year the company gave up its largest construction site.

·Linz, Austria
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In particular, unexpected delays in the implementation of projects led the company into bankruptcy.

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Kurier broke the news in on Monday, February 3, 2025.
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