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Stiglechner Bankruptcy: Linz Company Files for Insolvency

Stiglechner Bankruptcy: Linz Company Files for Insolvency

December 5, 2025 Victoria Sterling -Business Editor Business

Stiglechner ⁤Restructuring proceedings – ‍Self-Check

This document summarizes the restructuring proceedings‌ initiated by two companies ⁢within⁣ the ⁤Stiglechner Group.

Key Dates: December‌ 5th, 2025 – Submission for ⁤restructuring proceedings⁣ filed at the Linz Regional Court.

Companies Involved:

* Julius Stiglechner​ GmbH (4020 Linz, Auerspergstraße 19)
* Stiglechner Petrol Stations gmbh (4020 Linz, Auerspergstrasse 19)

Business Overview:

The Stiglechner Group operates a large Austria-wide‍ gas station‌ network ‌with approximately 140 ‍stations. Stations operate ⁣under the “IQ”⁢ brand, as well as partnerships with Shell,‍ Eni,⁤ and bp. Approximately 60% are company-owned and operated, while 40%⁢ are independent partner companies. The ⁤group’s origins date back to 1923, initially in the wood and coal ⁣trade.

Creditor Details:

Creditors can register ⁤via KSV1870: insolvenz.linz@ksv.at

Detailed Company Data:

Feature Julius Stiglechner GmbH Stiglechner Petrol Stations GmbH
Business Activity Trade in fuel, oils, fats, cold ‌cleaners, antifreeze Operational management of gas‍ stations, ​shops, car washes, fuel sales
Shareholder Mag. Julius Stiglechner, Stiglechner Beteiligungs GmbH Julius Stiglechner GmbH
Managing Director(s) Dr. Elsa Dutzler-Stiglechner,‍ Martin Roy Dr. Elsa Dutzler-Stiglechner
affected Employees 66 507
Affected Creditors ~100 ~170
Statement of Assets Forthcoming Forthcoming
Passive (Debt) ~EUR 166 million (EUR 46 million covered⁣ by ⁣right of isolation) ~EUR 22 million
Own Gas Stations 85 N/A

Additional Notes:

* Both companies have applied for restructuring proceedings without self-management.
* Statements of assets‌ are ⁤expected to be presented in the coming days.
*⁤ ‌ The “IQ Card” was introduced in 2007 for cashless payments.

– victoriasterling

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