According to its Employees, S&T is “Ripe for Bankruptcy"

According to its Employees, S&T is “Ripe for Bankruptcy" / Picture: © S&T Austria GmbH

S&T cannot afford to rest. After the restructuring conversations with the banks seemed to have come to an end, bankruptcy proceedings were undertaken in Germany and Switzerland. Proceedings against the management in Germany are already under way.

A denunciation by a group of employees and small shareholders has now been submitted to the Austrian public prosecutor's, alleging…