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Dispute Over A-Tec´s Liquidation
Politics ♦
Published: October 3, 2011; 11:56 ♦ (Vindobona)

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After the Sale of the insolvent Austrian A-Tec has failed, the subsidiaries will be sold separately. Austrian politicians warn of the loss of jobs, technology and tax revenue.

The sale of the remaining subsidiaries of A-Tec starts. ATB, Emco and Brixlegg will soon become new owners. A-Tec´s liquidator Matthias Schmidt does not exclude the sale of the whole A-Tec group, but this scenario is “unrealistic”. The fulfillment of the quota of 47% would be an “illusion”.
Now Schmidt introduces the sale process “in order to achieve the best solution…
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