A-Tec´s Quota to Reach 30%

Businessn.a. ♦ Published: February 10, 2012; 18:03 ♦ (Vindobona)

In July, the insolvency quota of A-Tec will be paid to creditors. The quota will range from 30% to 35%.

A-Tec´s Quota to Reach 30% / Picture: © A-Tec

After the sale of Brixlegg to the Swiss Umcor Group, the insolvent A-Tec Group is dissolved. Brixlegg was the former copper division of A-Tec, which was founded by the controversial industrialist Mirko Kovats. A sale prices was not disclosed, but market observers expect proceedings of € 70m to € 80m.

In October 2010, A-Tec had to file for insolvency. The first subsidiary,…