The Austrian justice system is investigating the founder of the bankrupt Signa Group, René Benko. Investigations were going on against them Signa Group, founded by Benko and another person, said the Economic and Corruption Public Prosecutor’s Office (WKStA). This is about suspicion Fraud “Due to the perception of vulnerability when extending bank loans,” said a … Read more
Unicredit Logo. Photographer: Francesca Volpi/Bloomberg A number of banks, especially in Germany, have granted loans to René Benko’s Signa group of companies. This is now becoming increasingly clear. This week the company holding company filed for bankruptcy. In this overview we see which banks were involved and to what extent. It is currently apparent that … Read more
Is entrepreneur René Benko threatened with bankruptcy? The insolvency administrator Arndt Geiwitz would be ready. Geiwitz from Ulm became known through his work on the bankruptcy of the Schlecker drugstore chain. His spectacular cases also include the ongoing difficulties at the Galeria Karstadt Kaufhof department stores, from which René Benko wanted to form a successful … Read more
The Carsch House is being converted into a luxury department store at an estimated cost of 55 million euros. But because of the crisis at investor Signa, there is a standstill on the construction site. Every day thousands of passers-by pass by the Carsch Haus construction site on Heinrich-Heine-Platz. The more than 100-year-old building between … Read more
René Benko’s empire is in danger of collapsing. The Austrian entrepreneur also owns real estate in Munich. What will become of these now? After the online shop Tennis-Point filed for bankruptcy, the parent company Signa Sports United NV (SSU) from the Signa Group also filed for bankruptcy last Friday. Work on Hamburg’s Elbtower has been … Read more