The Austrian restaurant chain Swing Kitchen has initiated restructuring proceedings for parts of its Austrian subsidiaries. The restructuring of the company, which specializes in plant-based dishes, is intended to enable financial stabilization. As announced, the parent company, Schillinger Vegan Holding GmbH, and a Vienna branch are affected by the insolvency. The holding company's total liabilities amount to €4,3 million, while the branch in Vienna's Mitte district is struggling with approximately €1,9 million in debt.
The new management under Albrecht Eltz In response to the financial difficulties, the company has presented a restructuring plan. This plan includes the closure of three locations in Germany in order to refocus on its core market of Austria. In addition, a new menu was introduced in May 2025 and internal processes were optimized. The reasons for the financial difficulties are cited as rising energy and personnel costs, a general reluctance to consume, and the intense competitive pressure in the vegan fast-food segment.
Despite the restructuring measures initiated and the staff reductions at the affected businesses, business operations at the Austrian and Swiss branches are to continue. The chain currently operates seven company-owned restaurants in Austria and two franchise locations in Switzerland. Management is confident that the restructuring will secure the company's future and the jobs of approximately 200 employees. Creditors have been offered a 20 percent payout, payable within two years.
Swing Kitchen, founded in 2015 by Charly and Irene Schillinger, is positioning itself as a well-known brand in German-speaking countries. The strategic realignment aims to create leaner structures, product innovations, and an improved guest experience. The company aims to preserve the brand's values and continue to pursue its vision for plant-based gastronomy.