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Austrian Construction Group Alpine Rescued

Published: March 4, 2013; 11:49 · (Vindobona)

For the time being, Alpine´s bankruptcy could be prevented. The creditors agreed on a partial waiver.

Austrian Construction Group Alpine Rescued / Picture: © Flickr

Yesterday in the late evening, the talks between Alpine´s management and the company´s creditors came to an end. Alpine announced that the solvency is secured. “The creditors will participate in the debt waiver.” corporate spokesman Johannes Gfrerer said. “We have fought for a solution for the 15,000 workers by all means.” Alpine´s management added.

First of all, the…

This article includes a total of 316 words.

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