Politics

Alpine: Creditors in Austria and Poland Claim Refunds

Published: September 4, 2013; 17:03 · (Vindobona)

Not only the labor market in Austria is burdened but also thousands of creditors have invested in bonds of the construction company and are now facing enormous losses.

Alpine: Creditors in Austria and Poland Claim Refunds / Picture: © Alpine Logo Press Photo

According to liquidator Karl Engelhardt, who also deals with the claims of bondholders, the total of assets currently available for construction company Alpine is € 7,000 only. Around 4,000 claims have been filed so far. However, Engelhardt is expecting up to 8,000 claims to be filed until the end of the deadline in mid-November. Most of the claims were collected by creditor…

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Alpine: Creditors in Austria and Poland Claim Refunds

Not only the labor market in Austria is burdened but also thousands of creditors have invested in bonds of the construction company and are now facing enormous losses.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.