Oldtimer Restaurant Betriebsgesellschaft

Type
Closure
Country
Austria
Region
Südösterreich; Kärnten;
Location of affected unit(s)
Carinthia
Sector
Accommodation / Food
56 - Food and beverage service activities
56.2 - Event catering, contract catering service activities and other food service activities
56.22 - Contract catering service activities and other food service activities
100 jobs
Number of planned job losses
Job loss
Announcement Date
9 June 2020
Employment effect (start)
1 July 2020
Foreseen end date

Description

The Oldtimer Restaurant Betriebsgesellschaft has announced that it will shutdown its three highway restaurants in Lower Austria and Corinthia. As of today, the company employs 100 employees. Due to the COVID-19 crisis, the employees had already been assigned to a short-time work schedule. Facing the assumed loss of this year's holiday traffic, the company's owner stated that the lockdown has been the final blow to the battered company. The 100 employees have been registered for the early warning service of the job centre.

Sources

Citation

Eurofound (2020), Oldtimer Restaurant Betriebsgesellschaft, Closure in Austria, factsheet number 101062, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101062.