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Austria: So Far Three Construction Companies Involved in Take-Over of Alpine
Politics ♦
Published: June 28, 2013; 16:56 ♦ (Vindobona)

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1,800 employees of bankrupt Alpine can feel relieved. In all probability three Austrian construction companies (Habau, Swietelsky and Hinteregger) will be involved in the regional rescue solution.

The respective application has been filed at the committee of creditors, which will now deal with the approval, insolvency expert Hans-Georg Kantner of credit reference company KV1870 announced on Thursday. The agreement is considered a formality.
There were negoatiations with other federal provinces as well. Kantner expects further information soon. Alpine runs around 1,400…
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