Due to order slump
Faded: Gardening company has to file for bankruptcy
The company JoMa Gartenbau from Sierning - which previously offered pools, swimming ponds, garden design as well as roof and façade greening - has filed for bankruptcy. Almost 700,000 euros in debts have accumulated and eleven employees are affected by the bankruptcy.
The young company - it was only registered in January 2022 - said it had recently suffered from the generally difficult economic situation and in particular from the market situation in the construction industry. As a horticulturalist, you can usually only become active shortly before the construction site is completed, but many property developers currently lack the money at this time. This is why JoMa Gartenbau GmbH from Sierning has had to cope with considerable losses on major projects in Vienna and Linz.
No renovation planned
Due to the difficulties, the company had to file for insolvency at the regional court in Steyr, as announced by the Kreditschutzverband von 1870 on Tuesday. Eleven employees are affected by the bankruptcy; they are still expected to finalize existing orders. However, there are no plans to restructure the company.
Liabilities totaling 684,000 euros have accumulated. 72 creditors have to be paid.
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