Burgenland sees fewer company failures but more personal bankruptcies

Company insolvencies in Burgenland fell by 15 percent in the first three quarters of 2026 compared with the same period last year, while personal bankruptcies rose sharply, ORF reported, citing KSV 1870. Across Austria, the number of company insolvencies remained almost unchanged.

Burgenland recorded 138 company insolvencies during the period. Despite the decline in cases, total liabilities rose by 52 percent to €132 million.

More insolvency proceedings are also failing to open because there is not enough capital available. Retail, construction and hospitality remain among the sectors driving insolvencies, with weak economic conditions, subdued demand and high costs continuing to weigh on businesses.

The bankruptcy of FOP Immobilienbesitz beta GmbH, formerly Villaggio in Parndorf, accounted for €69 million in liabilities and was among the five largest company failures in Austria. The insolvency of Domaines Kilger GmbH in Styria also affected Burgenland, bringing the Ratschen restaurant in Deutsch Schützen into the bankruptcy proceedings.

Personal bankruptcies in Burgenland increased by 16 percent. Liabilities held by privately indebted people rose by 56 percent to a provisional total of €36 million.