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Signa sells expensive houses

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The company Signa has no money. It is insolvent. This means: The company cannot pay its bills. Now the company sells its houses. Two houses in Vienna are for sale. The hotel Park Hyatt costs 330 million Euro. The Goldene Quartier is also for sale. The sale ends in the year 2026.

In Berlin there is trouble with the law. The Staats-Anwaltschaft accuses 4 former managers. They sent 10 million Euro to other companies. This was secret. The money was for a building project. 8 million Euro are still missing. A court checks these accusations now.

In Italy there are bad accusations against Rene Benko. He is the leader of a group. The group did bad things. He gave money to people in power. This is a crime. He wanted help for his projects. A court meets in October. Rene Benko says: I am innocent.

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Definitions

Insolvency
Insolvency means a company cannot pay its bills.
Public prosecutor
The Staats-Anwaltschaft investigates crimes.

People

Rene Benko
Rene Benko is a business man from Austria.

Locations

Vienna
Vienna is a city in Austria.
Berlin
Berlin is a city in Germany.
Italy
Italy is a country in Europe.

Sources

Logo Kurier
Kurier

Milliarden-Pleite Signa Prime: Forderungen um 3,3 Milliarden Euro gesunken

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Logo Kurier
Kurier

Signa-Pleite: Staatsanwaltschaft klagt vier Ex-Manager wegen Millionenbetrugs an

Read now
Logo Kurier
Kurier

Signa-Pleite: Staatsanwaltschaft klagt vier Ex-Manager wegen Millionenuntreue an

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Logo FAZ
FAZ

Signa: Anklage wegen Untreue gegen Ex-Manager in Berlin

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Logo Standard
Standard

War Benko Kopf einer kriminellen Bande? Italienische Ermittler erheben Anklage – obwohl sie nicht wollten

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Logo VOL
VOL

Signa is now selling its most valuable properties in Vienna

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Südtirol News

Signa-Pleite – Weitere Immo-Juwele kurz vor Verkauf

Read now

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