A-Tec in the Red

Companies › Technology ♦ Published: November 30, 2010; 21:36 ♦ (Vindobona)

The insolvent Vienna Stock Exchange listed company undergoes sales declines and a negative EBIT.

Sales revenue of A-Tec Group fell in the first nine months of 2010 by 4.3% to € 2,045.1 million. The operating result (EBIT) for the 3rd Quarter of 2010 was in the red. Positive results of the Minerals & Metals and Machine Tool Construction divisions could not offset the losses from the Plant Engineering Division.

However,  A-Tec Group is not publishing any concrete…

or Log In

Fast News Search
Related News
A-Tec: Kovats’s Prestige Projects on the Brink (November 29, 2010)
Insolvency of AE&E (November 26, 2010)
AE&E Files Insolvency Application (November 24, 2010)
A-Tec: New Hopes with Ronny Pecik? (November 17, 2010)
A-Tec Subsidiary: Negotiations with Banks have Failed (November 15, 2010)
A-Tec: Financing Only Secured Until January (November 2, 2010)
A-Tec: Banks Working on Counter-Proposal (October 30, 2010)
A-Tec Restructuring: Kovats Hands Over 25.1% (October 28, 2010)
A-Tec Creditors: Minimum Rate Too Low (October 22, 2010)
A-Tec Offers a 30% Quota (October 21, 2010)
Bond Refinancing Collapsed: A-Tec Starts Insolvency Proceedings (October 20, 2010)
Read More
Insolvencies, ATec, Bankruptcy, Restructuring, AE & E, Illiquidity, Engineering Industry, Mirko Kovats, Construction Industry
Featured
See latest Vindobona Newsletter