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Dispute Over A-Tec´s Liquidation

Published: October 3, 2011; 11:56 · (Vindobona)

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.

Dispute Over A-Tec´s Liquidation / Picture: © Reuters

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…

This article includes a total of 324 words.

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