Austria: Alpine to Require More Funding

Businessn.a. ♦ Published: June 7, 2013; 10:36 ♦ (Vindobona)

Selling of affiliates will be postponed.

Austria: Alpine to Require More Funding / Picture: ©

The Austrian construction company Alpine, which is currently facing restructuring measures, needs a further bridge financing. The planned sale of the affiliates Alpine-Energie, Hazet and several other enterprises in the area of foundation engineering is not making any progress and will be postponed to a later date. According to the second biggest construction company in Austria, the…

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