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Hellweg hardware stores to close Graz-Raaba and Fürstenfeld branches
The restructuring administrator for Hellweg hardware stores has filed an application with the Linz Regional Court to close the Graz-Raaba and Fürstenfeld branches in Austria. This decision follows an assessment by a potential investor who determined that no viable continuation scenario existed for these two Styrian locations.
The closures will affect approximately 44 employees. Existing stock at these locations will be liquidated through a specialized company.
Negotiations are continuing with the same potential investor regarding four other Austrian locations: Ried im Innkreis, Graz-Eggenberg, Straßwalchen, and Kirchdorf an der Krems. The objective is to transfer these remaining sites to an investor in an orderly manner. This follows the opening of self-administration insolvency proceedings for Hellweg Austria on June 30, 2026, after the German Hellweg group entered insolvency in mid-June 2026.
Entities
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] A potential investor determined there was no viable continuation scenario for the Graz-Raaba and Fürstenfeld locations. steiermark.orf.at · www.krone.at · www.nachrichten.at · www.presse-nachrichten.de
- [● 4 SOURCES] The closure of the two branches affects approximately 44 employees. steiermark.orf.at · www.krone.at · www.nachrichten.at · www.presse-nachrichten.de
- [● 4 SOURCES] The restructuring administrator filed an application with the Linz Regional Court to close the Graz-Raaba and Fürstenfeld branches. steiermark.orf.at · www.krone.at · www.nachrichten.at · www.presse-nachrichten.de
- [● 4 SOURCES] Hellweg Austria opened self-administration insolvency proceedings at the Linz Regional Court on June 30, 2026. steiermark.orf.at · www.krone.at · www.nachrichten.at · www.presse-nachrichten.de
- [● 4 SOURCES] The Hellweg group in Germany initiated insolvency proceedings on June 16, 2026. steiermark.orf.at · www.krone.at · www.nachrichten.at · www.presse-nachrichten.de
- [● 4 SOURCES] Negotiations are ongoing with a potential investor regarding four other locations: Ried im Innkreis, Graz-Eggenberg, Straßwalchen, and Kirchdorf an der Krems. steiermark.orf.at · www.krone.at · www.nachrichten.at · www.presse-nachrichten.de