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Alpine-Insolvency: 80 Companies Affected
Politics ♦
Published: June 21, 2013; 14:19 ♦ (Vindobona)
After an analysis by credit protection association Kreditschutzverband 1870 (KSV1870), the majority of around 1,400 suppliers and subcontractors is not affected by the construction company’s bankruptcy.
In a first analysis, KSV1870 has determined that 80 of a total of 1,400 companies, which were involved in business with Alpine, are at “serious and immediate” risk to be concerned by the bankruptcy of the construction company.
The companies at risk are small enterprises with twelve employees on average, which operate in the construction related industries. The majority of the…
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