Tuesday, February 7, 2023

«Cosmos – vision without sustainable feasibility»

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Zurich culture center shuts down

«Cosmos – vision without sustainable feasibility»

Debt burden and costs are too high, says the board of directors. “The cosmos has probably always remained just a vision without sustainable feasibility”.

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At the door of the cosmos: a note indicates that it will be closed on December 5th.

The new board of directors tried to carry out an immediate, tough restructuring, it said in a statement on Monday. The economic concept is still insufficient.

The balance sheet was deposited with the bankruptcy court in Zurich on Monday. «It is unfortunate that there is no other way. All rescue attempts have failed, »board member Roberto Feusi is quoted in the message. Feusi and Valentin Diem have been the only directors since September.

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