One of the biggest producers of Austrian chocolate candies with mazcipan “Mozart”, Salzburg Chocolates, bankrupted.
The company is facing financial difficulties due to the pandemic of coronavirus. The pandemic has led to a decline in the number of turists visiting Austria, including those who buy chocolate products.
Preliminary consideration of the application of the Salzburg Court for the insolvency of the court in Salzburg.
The Salzburg School has suffered significant losses since the pandemic, which began in 2020. The decline in the number of tures, as well as the decline in “loud” celebrations on holidays and weddings, led to a significant decrease in the number of children.
In addition, the company’s stores in Vienna and Salzburg remained closed for some time during the pandemic.
The candy maker also fails to pay salaries to employees for November, as does the traditional Christmas candy.
The Salzburg Chocolate was founded in Salzburg more than 100 years ago – in 1897. Since 1956, the company has been moving to the municipality of Grodig.
A rich tradition is leaving Salzburg
Chocolates, skiing and classical music are practically synonymous with Salzburg and the bankruptcy of Salzburg Schokolade will change the city, without a doubt. Originally, the company was established in the 19th century. The real game-changer, though, came in 1948 during Austria’s so-called economic miracle after World War II.
In 1948, the company created the ‘Mirabell Mozartkugel’ sweet treat and moved production to Grödig. At the same time, sales took off and their range of products became world-famous. Seven years ago, the company was taken over by a group of investors, aiming for increased growth. Considering recent developments, things seem to not have gone as planned.
