Alpine Denies Bankruptcy Rumors

IndustrialsConstruction ♦ Published: May 17, 2013; 15:59 ♦ (Vindobona)

The Austrian construction company is to sell its affiliates. However, the expected sale earnings are disproportionate, according to experts. Spanish parent company FCC is said of not being able to raise any further aid money.

Alpine Denies Bankruptcy Rumors / Picture: © Alpine Logo Press Photo

Construction Company Alpine is going to stick to the negotiated restructuring concept and intends to make profits again in two years time. Spokesman for the company Johannes Gfrerer told Austrian Press Agency on Friday that the restructuring agreements are still effective until the end of 2015. He added that the current discussions not not understandable. The Spanish parent company FCC…

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