Fisker, the US electric car start-up, is on the brink of liquidation following its bankruptcy filing in the US. The company had initially planned to secure additional financing and continue operations on a reduced scale, but has now determined that obtaining the necessary funds is unlikely. As a result, Fisker is making preparations to sell off its assets, with a potential buyer lined up for all 4,300 vehicles.
The Austrian subsidiary of Fisker, Fisker Austria, is also facing insolvency. The company has liabilities amounting to 1.34 billion euros and is seeking a restructuring plan that hinges on securing an investor. The viability of this plan will be determined by ongoing discussions. Ongoing cost reductions and a decrease in the number of employed personnel have led to significant cost reductions at Fisker Austria.
Recent reports and hearings on the insolvency proceedings of Fisker Austria provided insight into the company’s financial situation. Of the 161 registered claims, more than 1.16 billion euros have been filed, with over 10.92 million euros recognized and 1.15 billion euros being disputed. The future of Fisker Austria heavily depends on the success of its restructuring efforts and the ability to attract an investor.
