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Austria: So Far Three Construction Companies Involved in Take-Over of Alpine

Published: June 28, 2013; 16:56 · (Vindobona)

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.

Austria: So Far Three Construction Companies Involved in Take-Over of Alpine / Picture: © Alpine Logo Press Photo

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…

This article includes a total of 479 words.

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