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Alpine’s Fate Hanging By A Thread
Politics ♦
Published: June 13, 2013; 15:16 ♦ (Vindobona)
The fate of Austrian construction company Alpine is hanging by a thread. If negotiations fail Alpine has to face its ruin.
Alpine’s Fate Hanging By A Thread / Picture: © Vindobona.org
The fate of the Alpine, which has enter financial difficulties might be decided on soon as there are negotiations with Spanish parent company FCC and creditor bands about a further necessary bridge financing. In case the negotiations fail, Alpine might have to file for insolvency. According to Austrian daily “Kurier” (Thursday’s issue) € 400m from the Spanish parent company is…
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