Doubts Over Kovats’s Restructuring Plan

Companies › Technology ♦ Published: December 10, 2010; 08:30 ♦ (Vindobona)

The value of AE&E Group is dubious. Kovats could have problems with the quota.

Doubts Over Kovats’s Restructuring Plan / Picture: © A-Tec

The largest division of  A-Tec Group of Mirko Kovats, AE&E Group, is insolvent like the parent company.  Both are undergoing a restructuring process.  A-Tec is undergoing a restructuring process under self-administration with a minimum quota of 30%; AE&E Group has no self-administration, and must reach a quota of 20%. Whether the restructuring efforts can proceed as planned,…

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Illiquidity, Mirko Kovats, AE & E, Andritz, Restructuring, Insolvencies, Bankruptcy, Construction Industry, High Tech Industry
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