Overview
- The Landesgericht St. Pölten opened insolvency proceedings on 3 November following a self-filed petition by the owners.
- Attorney Christine Riess was appointed administrator, with creditor claims due by 30 December and a creditors’ meeting scheduled for 13 January 2026.
- The Kreditschutzverband reports roughly €767,000 in liabilities against about €120,000 in assets and deems continuation unviable, affecting seven employees and 43 creditors.
- Management cites two snow-poor winters and failed snowmaking efforts, noting the lift ran only three days last season.
- Creditreform says the lift assets have been owned by Wirtschaftspark Ybbstal since 2020, and local reports describe a buyback option with a deadline reportedly extended to 15 November, leaving the site’s future unresolved.