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A-Tec: Investors Call Kovats to Resign

Published: October 3, 2011; 10:11 · (Vindobona)

The founder and CEO of the Austrian technology group A-Tec Mirko Kovats comes under fire. Wilhelm Rasinger from the Austrian investor´s representation asks Kovats and the liquidator Matthias Schmidt to step down.

A-Tec: Investors Call Kovats to Resign / Picture: © A-Tec

After the negotiations regarding the takeover of A-Tec have failed, Wilhelm Rasinger expressed himself to be very displeased. Rasinger asked the supervisory board to force Kovats to step down as CEO. Furthermore, the liquidator Matthias Schmidt should resign too.

Rasinger fears that investors will not receive anything. “The share will be worthless.” The whole damage is…

This article includes a total of 236 words.

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