Restaurant Steyr closed at the main market - bankruptcy strikes!

The "Steyr" restaurant in Plauen closes due to economic difficulties. Insolvency proceedings concern several companies.
The "Steyr" restaurant in Plauen closes due to economic difficulties. Insolvency proceedings concern several companies. (Symbolbild/MD)

Restaurant Steyr closed at the main market - bankruptcy strikes!

The "Steyr" restaurant at the main market in Dresden closed its doors on June 1, 2025. This sad news is underpinned by a piece of paper at the front door, which leads to economic and political reasons for closure. According to reports from Radio Zwickau , the operating company has registered bankruptcy and a procedure was opened, which also includes seven other restaurateurs. Consulting lawyer Andreas Hiecke from Plauen confirms that the decline in sales and rising costs made the bitter decision necessary.

The closure of the "Steyr" is not an isolated case. The gastronomy is in a deep crisis, the effects of pandemic and far -reaching inflation have hit many companies. In 2023, every tenth company gave up in the catering trade, such as Tagesschau Around 48,000 restaurants have had to close their doors since 2020, of which 6,100 bankruptcy applications were recorded.

The current challenges of gastronomy

In 2023, the industry lacks a positive trend, because with 14,000 closings, the number of catering businesses that had to give up was higher than in the previous three years. The reasons for this are multi -layered: price increases, the war in Ukraine and permanent consequences of inflation are enormous to the operators. This is shown by a study by the Creditreform Economic Agency, which is led by Patrik-Ludwig Hantzsch.

A particularly difficult blow has been raising sales tax for food to 19 percent since January 2024, after the tax rate was reduced to 7 percent during the pandemic. The general manager of Dehoga, Ingrid Hartges, describes the situation as "bitter". The increasing personnel costs and food prices, as well as the increasing lack of personnel are difficult on the companies.

Future view and forecast insolvencies

According to the information from Statista , around 62,000 gastronomic companies closed between 2019 and 2023, including about 8,000 due to insolvencies. The situation remains critical because experts predict an increase in bankruptcy cases to level before pandemic. In 2024, more than 15,000 bankruptcy gastronomy operations in Germany are even expected.

Young companies and caterers are particularly affected, with 49 percent of all bankruptcies eliminated by companies that are a maximum of five years old. According to the DEHOGA, the overall economic framework for the hospitality industry has not improved despite the loosening. It remains to be seen how the industry will develop in the coming years.

In the meantime, closed companies such as the "Steyr" are the urgent memorial for the challenges that are going on in the catering trade. Around 50 employees were recently informed about their dismissals in a works meeting, while for the "Uluru" restaurant in Plauen and its catering department, a four-week extension was granted in order to be able to process open orders.

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OrtPlauen, Deutschland
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