US EditionConstruction Bankruptcies in Upper and Lower Austria Threaten Jobs
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About the assets of Malzner Erdbau GmbH, based in Schiedlberg (Steyr-Land district), a bankruptcy procedure was opened on 15 December 2025 at the Landesgericht Steyr. The company is active in the field of earth construction, demolition and excavation work. 86 employees as well as about 100 creditors are affected. The insolvency continues to fuel the debate about missing construction contracts and the insufficient use of housing resources by the …
The industry crisis is triggering further bankruptcies in the construction sector. On Monday alone, creditors' representatives reported one bankruptcy each in Upper and Lower Austria, jeopardizing around 120 jobs. At Malzner Erdbau in Schiedlberg, Upper Austria, 86 jobs are at risk, and the company's future remains uncertain. Schöpf Traismauer in Lower Austria, with its 35 employees, is not planning to continue operations, according to informati…
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