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A-Tec Sells AE&E India
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The insolvent Austrian group belonging to Mirko Kovats is being gradually separated from its stakes. AE&E India goes to the Korean Doosan.

Last week, A-Tec sold a division of the Emco subsidiary, the German Dörries Scharmann for € 70m. The sales in the A-Tec Group continue now in stages.
AE&E, in turn a division of A-Tec Group sells the Indian AE&E subsidiary Chennai Works Ltd.. The buyer is South Korea's Doosan group, a conglomerate in the plant construction industry. Doosan had already been rumored in…
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