Borckenstein GmbH
| Borckenstein GmbH | |
|---|---|
| legal form | GmbH |
| founding | 1789 |
| Seat | Neudau , Austria |
| management | Andrea Parodi |
| Number of employees | 120 |
| Branch | Yarn manufacturer |
| Website | http://www.borckenstein.com/ |
The Borckenstein GmbH is an Austrian yarn manufacturer based in Neudau . Today the company is a subsidiary of the Italian Fil Man Made Group (FMMG). The company has been in insolvency proceedings since the beginning of 2019.
history
In 1789 the company was founded in Burgau by Count Karl Batthyány (1737–1821), the owner of the Burgau estate , as the first mechanical cotton spinning mill in Austria-Hungary . On behalf of the count, who had evidently got to know the new spinning technique in England as his country's ambassador, two cotton knitting machines and a newer type of spinning machine were smuggled to Vienna at considerable expense and expense. Production started in Burgau with 864 spindles. By the end of 1797 the factory had made a net profit of over 9,500 guilders. In 1808 operations had to be closed due to a lack of skilled workers. The factory was then out of operation for a long time and changed hands several times without getting back up and running.
In 1831 the Viennese wholesaler Georg Borckenstein acquired the factory, expanded and renovated the building and bought new machines. In 1835 the factory with 3080 fine spindles went into regular operation. In 1853, son Karl Borckenstein joined the company as a partner, which has since been known as “G. Borckenstein & Sohn ”was named. In the 1880s the company employed almost 200 workers of both sexes. After a branch factory had been set up at a hammer mill in Neudau in 1845 , the entire production was relocated to Neudau between 1907 and 1909.
In 1928 the company was converted into a public limited company. The shares were held by private foundations of the Borckenstein and Hauser families. In 2008 all of the shares were sold to EOSS Beteiligungs GmbH under the leadership of Herbert Paierl and Peter Blaschitz at an undisclosed price . At that time, the company achieved annual sales of around EUR 73 million with 450 employees and was considered the largest industrial employer in the Hartberg region .
In 2013 the Italian textile group FMMG took over 90 percent of the shares. In June 2015, the minority shareholder EOSS left. Since then, Borckenstein has been a wholly owned subsidiary of FMMG.
Borckenstein GmbH had to file for bankruptcy on February 10, 2016. The owner presented a rehabilitation plan. As a result, the subsidiary HiTex also filed for bankruptcy in March 2016 . In June 2016, Borckenstein GmbH agreed with its creditors on a restructuring plan that would reduce the number of employees from 286 to 152 and production to special products in the field of yarn and thread.
In early 2019, the company filed for bankruptcy again. In February 2019, the trustee announced that operations would have to cease at the end of February 2019, as no investor or buyer could be found. 120 employees are affected.
Awards
In 2012, the company was as Ökoprofit OPERATION excellent.
Web links
Individual evidence
- ↑ a b c Major insolvency: Borckenstein GmbH, 8292 Neudau ( Memento of the original from February 24, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Kreditschutzverband von 1870 , 10 February 2016
- ↑ a b c Ferdinand Krauss: The Northeast Styria. A hike through forgotten lands. Leykam, Graz 1888, p. 338 f .; limited preview in Google Book search
- ↑ Arnold Lassotta: The importance of English technology and technicians for the development of the Rhenish-Westphalian textile industry in the 19th and early 20th century. In: Westfälische Forschungen 44 (1994), p. 52
- ^ Fritz Posch: History of the administrative district Hartberg. Second, historical-topographical part, Steiermärkisches Landesarchiv, Graz 1990, p. 319
- ↑ Paierl enters the textile business. In: derstandard.at . May 15, 2008, accessed February 21, 2016 .
- ↑ 30 million euros liabilities: Yarn manufacturer Borckenstein insolvent ( Memento from February 21, 2016 in the Internet Archive ), Wirtschaftsblatt from February 10, 2016, accessed on February 21, 2016
- ↑ Styrian yarn manufacturer Borckenstein insolvent. In: DiePresse.com . February 9, 2016, accessed February 21, 2016 .
- ^ After Borckenstein bankruptcy: HiTex also files for bankruptcy , Kleine Zeitung , March 14, 2016
- ↑ Elke Sieper: Borckenstein: Sanierungsplan accepted ( Memento of the original from July 2, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Textilwirtschaft (magazine) , June 21, 2016
- ↑ Borckenstein can continue to exist , ORF.at , June 20, 2016
- ↑ Yarn manufacturer Borckenstein again insolvent on ORF from 10 January 2019 accessed on 12 February 2019
- ↑ Borckenstein insolvency: Foundation planned on ORF February 12, 2019, accessed on February 12, 2019
- ↑ Vulkanland companies get Öko-Profit ( Memento from February 21, 2016 in the Internet Archive ) in the business paper of August 31, 2012, accessed on February 21, 2012
