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Signa, a group of some 1,000 companies founded by Rene Benko, filed for insolvency late last year with around €5 billion in debt

Toilet brushes and tables auctioned in Signa fire sale

Objects ranging from Signa's leather-covered boardroom table to toilet brushes from the European property company's Vienna offices are being auctioned off this month as investors try to recoup some of the billions lost through its collapse.

Business • 05 Jan 24

Signa Prime Selection filed for self-administrated restructuring in a Vienna court today, and Signa Development Selection will file tomorrow

Two key Signa divisions filing for insolvency

European property company Signa today said that two key divisions are filing for insolvency, a significant development in the unravelling of founder Rene Benko's real estate empire.

Business • 28 Dec 23

Signa holds talks to sell Chrysler Building

Insolvent European property company Signa is holding talks to potentially sell its stake in New York's Chrysler Building and is shedding its private jet, its administrator said today, a significant development in the salvaging of founder Rene Benko's real estate empire.

Business • 19 Dec 23

Signa is the parent group of Brown Thomas and Arnotts here

Austrian court approves cost-cutting moves at Signa

An Austrian court has approved cost-cutting measures at property tycoon Rene Benko's Signa Holding, which last week filed for insolvency, the administrator said today.

Business • 06 Dec 23

Brown Thomas Arnotts operates shops in Dublin, Cork, Limerick and Galway

Brown Thomas Arnotts shareholder files for insolvency

Signa, a shareholder in the parent group of Brown Thomas Arnotts alongside Central Group, has today filed for insolvency after a last-minute attempt to raise emergency funding failed.