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Alpine to Be Shut Down
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Published: June 24, 2013; 11:07 ♦ (Vindobona)

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Bankrupt-gone construction company Alpine is facing a breaking down. After negotiations about establishing a rescue company failed, the enterprise will apply for a shutdown.

According to liquidator Stephan Riel there had been intensive talks about a rescue solution over the weekend. The negotiations for the option of a take over were taking place on the initiative of Economy Minister Reinhold Mitterlehner and Social Minister Rudolf Hundstorfer. According to the liquidator, Alpine’s liquid means come at € 5.7m only. However, the cashflow requirements…
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