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Alpine Holding to be Shut Down
Politics ♦
Published: July 9, 2013; 15:06 ♦ (Vindobona)

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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”.

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…
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