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Austrian manufacturer of chocolates Mozart is driven to bankruptcy by pandemic

... financial situation. The head of the company Christian Schuegerl, in his address to the public, said that the reason for the bankruptcy was a pandemic, which caused significant logistics costs and a drop in demand. Reduced tourist flows and the Austrians' savings on organizing ... ... sweets in Salzburg and the capital Vienna were temporarily closed. Despite the rising electricity and packaging costs affecting Mozartkugel's production, Schuegerl expressed his hope that the factory will be able to withstand the crisis and continue to operate ...

Modified: 12.01.2021
chocolates , Mozart , Austria , bankruptcy , company bankruptcy , pandemic , liquidation
Path: РусБанкрот - СМИ
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