People

Alpine to Be Shut Down

Published: June 24, 2013; 11:07 · (Vindobona)

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.

Alpine to Be Shut Down / Picture: © Alpine Logo Press Photo

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…

This article includes a total of 233 words.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Alpine to Be Shut Down

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.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.