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Alpine Holding to be Shut Down

Published: July 9, 2013; 15:06 · (Vindobona)

The closing down of Alpine Holding is only a “formality”. According to Österreichischer Verband Creditreform (ÖVC), a credit protection association, “a restructuring of the debtor is not planned and not possible”.

Alpine Holding to be Shut Down / Picture: © Alpine Logo Press Photo

Liquidator and lawyer of Alpine Karl Engelhart has filed a motion for the closing of the Alpine holding company at the Commercial Court in Vienna. The only participation of Alpine Holding is an indirect one of Hoch & Tief Bau Beteiligungs GmbH of insolvent Alpine Bau GmbH.

The Holding Company, which does not employ any member of staff, was “obviously only responsible with…

This article includes a total of 206 words.

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