René Benko, the founder of the Signa real estate group currently facing investigation, has applied for and received permission to work as a carpenter while incarcerated, according to reports on March 12, 2026. The move comes as Benko’s pre-trial detention continues, and could potentially extend for a significant period.
Benko, who previously dropped out of school, submitted a request to the Innsbruck Justice Center and the Public Prosecutor’s Office for authorization to work in the prison’s carpentry workshop. Both entities have approved the application, as reported by Die Presse.
Norbert Wess, Benko’s attorney, confirmed the development to the business magazine “trend.” “Whether this is connected with an ‘apprenticeship as a carpenter’ – given the scale of things – say,” Wess stated. The case highlights the challenges faced by high-profile individuals navigating the legal system.
Wess also noted that his client had been primarily focused on reviewing the case file. “For some time now, there have been no novel lines of investigation or substantial content-related developments in the criminal investigation – at least from Mr. Benko’s point of view,” he said. “Mr. Benko can currently engage in employment.”
Benko has been in pre-trial detention since January 23, 2025, initially in Vienna-Josefstadt and then transferred to the Innsbruck Justice Center in October 2025. His detention was most recently extended to April. According to Salzburger Nachrichten, the decision to pursue carpentry work reflects a desire for purposeful activity during his incarceration.
The move underscores a shift from Benko’s previous role as a major real estate investor to a potential trade skill. Krone.at details the transition from “billionaire to carpentry apprentice.”
LEADERSNET.de reports that Benko may be pursuing an apprenticeship in carpentry while serving his sentence.