End for Vienna's Sotheby's Branch Comes
A corresponding report from the daily newspaper "Der Standard" was confirmed to the APA on Saturday by the head Andrea Jungmann, who has been running the office in the Austrian capital since 2001. In February, customers will only be available "by appointment", according to the newspaper. The reason is "a rigorous savings program for the highly indebted auction house".
According to "Der Standard", Austria, like Hungary and Poland, will be serviced from Munich in the future. In London and New York, numerous layoffs have been announced in recent months, "according to reports, further layoffs and closures have started in other European branches".
Vienna Sotheby's Branch Founded in 1981
The Vienna branch of the international auction house was founded in 1981 and was run until 2000 by the later Belvedere director Agnes Husslein-Arco, the current head of the Heidi Horten Collection. Andrea Jungmann has been with Sotheby's since 1989. In 2001, she became Managing Director for Sotheby's Austria and Hungary, and in 2004 also "Senior Director Sotheby's London". She cannot currently provide any information about her personal future, Jungmann told the APA today.
(APA/Red)
This article has been automatically translated, read the original article here.