Financial collapse of a mystical eatery in Vienna
In the heart of Vienna, Austria, the Vive Hotel & Restaurant Vienna continues to operate, offering accommodations and culinary delights despite filing for insolvency earlier this year.
The insolvency proceedings for Mauer Gastro GmbH, the company operating the establishment, were initiated at the Vienna Commercial Court in 2024. However, recent sources from July 2025 show that the restaurant and boutique hotel are still in service.
The Vive Vienna restaurant, situated at Siebenhirtenstraße 12a, 1230 Vienna, is renowned for its unique blend of Austrian tradition and Mediterranean cuisine. The dishes, prepared with a touch of innovation and passion, are described as upscale yet youthful, perfect for a modern audience that appreciates creative and flavorful dishes.
One Tripadvisor review praises the grilled octopus at the restaurant, while also mentioning the friendly and attentive staff. Yet, no recent information about the restaurant's Tripadvisor ratings or guest reviews was provided.
The insufficient utilization was a contributing factor to the start-up losses, but the targeted restructuring of the restaurant will be financed from the operating profits. The future of the restaurant is dependent on this restructuring process, which affects 28 employees. However, no information about the number of employees affected by the restructuring was disclosed.
Creditors of the restaurant are offered a quota of 20 percent within two years, according to Creditreform. The liabilities of the well-known construction company are estimated at 1.9 million euros.
Despite the ongoing insolvency proceedings, the Vive Vienna restaurant and boutique hotel remain open, offering family rooms with air conditioning, private bathrooms, and free WiFi. Their Instagram posts from June 2025 highlight ongoing activities such as hosting wedding seasons and promoting their amenities like a winter garden, cozy dining room, large outdoor area, and a hotel with 9 rooms and a private garage.
As the restructuring process continues, the Vive Vienna restaurant and boutique hotel in Vienna, Austria, continue to serve both locals and tourists, offering a diverse international cuisine that tantalizes the senses and delights the palate.
Economic and social policy discussions surrounding the Vive Hotel & Restaurant Vienna revolve around its business operations amid insolvency proceedings. Despite the company Mauer Gastro GmbH filing for insolvency in 2024, the restaurant and boutique hotel have managed to maintain service, offering innovative and flavorful food-and-drink options to their guests.
