please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . february 2011 learn how and when to remove this template message kneissl holding gmbh industry snowsports founded 1861 headquarters kufstein austria key people andreas gebauer products ski equipment tennis racquets number of employees 28 website www.kneissl.com kneissl is a manufacturer of handmade skis biking and tennis equipment and apparel based in kufstein tyrol austria . 1 contents 1 history 1.1 to 1990 1.2 in the nineties 1.3 in the early and mid 2000 1.4 new orientation since 2008 1.5 2011 bankruptcy 2 organization 3 external links 4 references history edit to 1990 edit the kneissl company was founded as a wheel factory in 1861 . the first skis were produced in 1919 . in the sixties kneissl developed the first plastic skis featuring a wood core . ski racer karl schranz made the kneissl white star ski one of the most sought after in the world . in the seventies the company expanded into cross country ski and tennis racquet production . in 1980 kneissl went bankrupt and was bought out by german cross country ski manufacturer trak as sole owner . in 1983 us company tristar took over kneissl . in february 1989 breg gesellschaft f r bau und revitalisierung belonging to hans peter haselsteiner and erhard grossnigg and reinfried spazier took a majority stake . in the nineties edit kneissl bigfoot skiboards kneissl was credited with the invention of big foot skis in 1990 . it was also the first company to sell a carving ski in austria . in 1992 kneissl and dachstein were merged into molln based kneissl dachstein sportartikel ag . in fiscal year 1993 1994 the company employing 320 people achieved revenues of 627 million schilling . 2 however in 2003 kneissl became insolvent for the second time . 3 in 1995 kneissl joined with switzerland raichle and integrated the dynafit dee luxe and marker brands . in 1998 the company was renamed kneissl & friends . in 1999 production was stopped at molln and headquarters moved back to kufstein . 2 production sites were opened in hungary . in the early and mid 2000 edit in september 2002 the expansion strategy had failed . ski production in kufstein had to be adjusted and part of it taken up by fischer . raichl was sold to mammut ag in january 2003 and 3 months later kneissl applies for insolvency . it was bought up by a consortium which saw its members step down one by one . in 2006 production was terminated in kufstein and moved to the czech republic 4 and carinthia or contracted out to fischer . 5 new orientation since 2008 edit in 2008 sheikh mohamed bin issa al jaber took a controlling stake in kneissl through his jjw hotels & resorts group . new orientation was the opening of up to 70 kneissl star lounges worldwide a concept mixing shopping and catering in a same place as well as several kneissl star resort hotels . 6 the first kneissl star lounge opened in the city center of innsbruck in 2009 . 7 another built in hochf gen has never been occupied . 8 establishment of the kneissl hotel project was postponed several times . 9 plans to build a ski factory in kiefersfelden were discarded . 10 after mohamed bin issa al jaber had delayed a 1 2 million investment 11 former shareholder fritz unterberger requested january 3 2011 that bankruptcy proceedings be initiated for kneissl . he was owed about 900.000 euros . 12 other litigation erupted with fashion label susan strasser and football club fc wacker innsbruck . 13 despite ongoing reports on financial difficulties ceo stood by the 25 million euros hotel project in stockenboi . 14 as sheikh al jaber again postponed the investment resumption of negotiations on bankruptcy were necessary . 15 andreas gebauer was called upon to prove kneissl s solvency in innbruck regional court . 16 2011 bankruptcy edit on the 8th of february 2011 andreas gebauer applied for insolvency for kneissl holding gmbh kneissl tirol gmbh and kneissl star lounge gmbh . 17 in his initial statement gebauer spoke of a legal claim against sheikh al jaber for not respecting his capital injection engagements he was responsible of the situation . 18 al jaber repeated his will not to abandon kneissl and offered support to a redevelopment plan . 19 creditor susan strasser gmbh filed complaint for grossly neglection of creditors interest opposition to insolvency application and fraudulent bankruptcy . 20 related investigations started in february 2011 and were later expanded to jjw . 21 in june 2011 a negotiated redevelopment plan was thwarted by al jaber failing to pay 2 1 million . in july ski production in kufstein was terminated . 22 in october 2011 the liquidator lawyer stefan geiler 23 chose to sell kneissl to friends of sports . 24 however friends of sport delayed the payment 25 eventually scheich al jaber bade 1.98 million and took back control of the company offering creditors a 20 % rate . 26 al jaber s company jja beteiligungsverwaltungs gmbh became the sole stakeholder . 27 organization edit andreas gebauer has been ceo since 2007 andrea king vice ceo since january 2011 . holding company kneissl holding gmbh controls 100 % of kneissl holding gmbh kneissl star lounge gmbh and kneissl star resort ag . external links edit wikimedia commons has media related to kneissl . official website german official uk distributor and partner supplying throughout europe english north american partner and distributor english references edit http www.edikte.justiz.gv.at edikte id idedi8.nsf 0 2ffffbc5bb039ae6c12578310079351a opendocument http www.aeiou.at aeiou.encyclop.k k491657.htm http www.wirtschaftsblatt.at home meinung kommentare kneissls zeit ist abgelaufen 454209 index.do vl backlink home index.do & vl pos 10.1 . dt http www.oe24.at wirtschaft aus fuer massen skis in kufstein 36909 http www.kleinezeitung.at nachrichten wirtschaft 2670045 aufstieg fall skifirma kneissl.story http www.wirtschaftsblatt.at home oesterreich unternehmen tirol al jaber geht nicht in die luft sondern faehrt auf kneissl ski ab 333994 index.do http tirv1.orf.at stories 394702 http regionaut.meinbezirk.at ried im zillertal wirtschaft aus mit der kneissl lounge d41093.html http derstandard.at 1289609050698 offene rechnungen kneissl hotels architekten klagen honorare ein http www.rosenheim24.de land buerger stehen hinter aventura projekt rosenheim24 1030361.html http derstandard.at 1293370327398 kapitalspritze kneissl wartet weiter auf al jaber geldspritze http tirv1.orf.at stories 492030 http tirv1.orf.at stories 471850 http www.kleinezeitung.at kaernten villachland stockenboi 2648135 kneissl baut luxushotel seetal.story http diepresse.com home wirtschaft economist 628039 zahlungsverzug alle warten auf den scheich vl backlink home wirtschaft economist index.do http tirv1.orf.at stories 495745 http www.tt.com nachrichten 2617241 2 kneissl pleite nach geld l % c3 % a4sst nun sanierungsplan auf sich warten.csp http www.news.at articles 1106 30 288387 scheich al jaber frist gebauer insolvenzantrag kneissl http tirv1.orf.at stories 497736 http diepresse.com home panorama wien 632392 wird kneissl zum kriminalfall vl backlink home panorama wien index.do http www.tt.com % c3 % 9cberblick wirtschaft wirtschafttirol 2887091 6 kneissl ermittlungen gegen familien al jaber und gebauer.csp http www.tt.com nachrichten 3046485 6 skiproduktion gestoppt kneissl vor endg % c3 % bcltigem aus.csp http www.edikte.justiz.gv.at edikte id idedi8.nsf 0 2ffffbc5bb039ae6c12578310079351a opendocument http www.tt.com nachrichten 3521627 6 % c3 % bcbernahme best % c3 % a4tigt friends of sports kauft kneissl.csp http www.tt.com nachrichten 3576253 6 kneissl wartet noch auf zahlung.csp http tirol.orf.at news stories 2518364 http www.tt.com nachrichten 4217648 2 kneissl gerettet sanierung des scheichs angenommen.csp retrieved from https en.wikipedia.org w index.php title kneissl & oldid 715391603 categories ski equipment 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