CEO of Alpine: „Hubris Led to Losses“
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Schiefer, new CEO of Alpine, explained in an interview why Alpine made losses in 2012.
CEO of Alpine: „Hubris Led to Losses“ / Picture: © Alpine Logo Press Photo
Almost-gone-bankrupt construction company Alpine has published the preliminary results for the business year 2012 yesterday. The annual losses after taxes are, according to the results, € 449.7m. The construction output decreased from € 3.62bn to € 3.21bn.
New CEO of Alpine Arnold Schiefer regards the losses as a result of “hubris combined with a lacking control”. In an…
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