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Creditors Wish Kovat´s Retreat

Published: December 30, 2010; 01:44 · (Vindobona)

The creditors of the insolvent Austrian technology Group A-Tec prefer Mirko Kovats to retreat from his position as CEO.

Creditors Wish Kovat´s Retreat / Picture: © Reuters

Mirko Kovats could be forced to leave the board of A-Tec soon. Still by the mid of December, Kovats has been confirmed as CEO for the time being. Now the creditors want to change the management board. Thus, a retreat of Mirko Kovats would be “advantageous in terms of confidence building and very acceptable for the creditors.”, Hans Georg Kantner announced. Kantner acts as speaker of…

This article includes a total of 150 words.

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