On Wednesday, restructuring proceedings without self-administration were opened at the Ried regional court regarding the assets of Inntech Handels und Produktions GmbH from Sankt Martin im Innkreis. This is reported by the creditor protector KSV1870. Accordingly, eight creditors are affected, employees are not employed. The liabilities amount to 1.11 million euros. There was no information about the assets. The creditors are to receive 20 percent within two years, and the restructuring plan is to be voted on at the end of July. The company is to be continued.
Inntech has been around since 2001 and is active in the machine and machine parts trade. According to the application, the insolvency of Primatech Metal Processing from Sankt Marienkirchen near Schärding is one reason for the problems at Inntech: Compared to that On the one hand, there were demands for specialists in the production of assembly assemblies and welded components. On the other hand, liabilities were assumed for Primatech.
