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Simmering Cultural Association: Christmas market in danger despite bankruptcy!
The Simmering cultural association is fighting for its existence: insolvency proceedings, the debt crisis and the 2025 Christmas market are hanging in the balance.
Simmering Cultural Association: Christmas market in danger despite bankruptcy!
The Simmering Cultural Association, an important institution in the Viennese cultural scene since the 1980s, is facing a serious crisis. Loud HNA The association that organizes markets, concerts and the popular Christmas market in the 11th district is faced with massive debts. With debts of almost 330,000 euros and assets of only around 80,000 euros, the bankruptcy proceedings began on November 3, 2025 at the Vienna Commercial Court. Katharina Winkler was appointed as insolvency administrator, but whether a takeover or restructuring of the club will be successful remains questionable. Without an investor, there is a risk of liquidation.
One of the cultural association's last hopes is the Christmas market “Christmas in the Castle”, which is scheduled to take place from November 27th to December 21st, 2025 despite the bankruptcy. The market will not only feature stalls selling traditional Christmas gifts, but also an art market from November 27th to 30th and December 4th to 8th. The glamorous conclusion is a medieval market on the same weekends, which is intended to provide additional flair.
A painful loss for the culture
The situation for the cultural association is made even worse by the approaching expiry of the rental agreement with the City of Vienna on December 31, 2025. This would mean that one of the club's most important sources of income would be lost, which would further worsen the already tense financial situation.
Planning for the Christmas market is in full swing. But for many who are connected to the club and its activities, the uncertainty about the future is palpable. The cultural association has always shown a good knack for creative events and cultural offerings that are very popular in the city. It remains to be seen whether the people of Vienna are willing to do their part to save this institution.
Meanwhile, various platforms are offering support that could potentially help manage the financial chaos. For example, over Square financial transactions can be processed easily. The platform enables credit sales plans and has already proven to be a valuable aid to many small business owners. Here, too, efficient budget management could be crucial in order to reduce existing debts.
The coming weeks will be crucial for the Simmering cultural association. Whether things can be turned around or this esteemed institution fades into history may depend on community support.