Signa Holding declares insolvency: risk of a chain reaction?
Posted on 01.12.2023Property giant Signa Holding has filed for insolvency: how did this happen and what are the possible consequences? Signa Holding has filed for insolvency Signa Holding, the real estate company founded by the Austrian René Benko, has filed for insolvency with the Vienna District Court. As Walter Galbiati points out in the 'Repubblica', the group had already declared a significant loss of liquidity, which had fallen from €122 million to €32 million in six months (Decembe ...
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