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Alpine Needs Help from Banks

Published: October 11, 2012; 18:46 · (Vindobona)

The Austrian construction company faces liquidity constraints. Talks with banks were started already.

Alpine Needs Help from Banks / Picture: © Alpine Logo Press Photo

The second-largest Austrian construction company has confirmed to be in a critical stage. In order to postpone the deadline for the reimbursement of loans, Alpine has started talks with its creditors. The corporate spokesman Johannes Gfrerer underlines that the Spanish holding company has assured to support Alpine at any time. The liquidity situation would be under control, Alpine…

This article includes a total of 245 words.

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