Austrian Transport Firm Nothegger Files for Insolvency
St. Ulrich am Pillersee, Austria – Transport company Nothegger has filed for insolvency, with proceedings opened by the Innsbruck Regional Court on Monday, March 9, 2026. The move impacts approximately 300 employees and leaves the company facing roughly €15 million in liabilities, according to creditor protection associations.
The insolvency petition was initiated by the Austrian Health Insurance Fund (ÖGK), which is seeking millions in unpaid social security contributions. Nothegger reportedly owes the ÖGK €3.2 million, €1.8 million to the tax authorities and €9.3 million to banks. While the company made partial payments following the opening of insolvency proceedings, it was unable to demonstrate solvency.
Company management had been planning for an investor to join the firm and were also attempting to finalize the sale of a property, but these efforts were unsuccessful. The court ultimately determined that the conditions for insolvency had been met and initiated the bankruptcy process.
According to KSV1870, Nothegger took advantage of opportunities to defer taxes and social security contributions during the coronavirus pandemic. The repayment of these deferred amounts is now placing significant strain on the company’s liquidity. The insolvency administration will now assess the possibility of continuing operations without further disadvantage to creditors.
The first creditors’ meeting and examination date have been scheduled for mid-May. The company’s fleet of vehicles, valued at €9.7 million, and leased vehicles worth €7.4 million, are expected to be key assets in the insolvency proceedings. The company’s property is valued at €1.9 million, and it also holds stakes in affiliated companies, including Nothegger Immobilien GmbH, as well as securities.
The future of the company, including potential restructuring or continuation of operations, remains unclear. The insolvency underscores the challenges facing European transport and logistics firms amid fluctuating economic conditions.
