German Affiliate of Alpine Sold

Politics ♦ Published: September 2, 2013; 18:54 ♦ (Vindobona)

By the selling of the German affiliate of construction company Alpine 520 out of 1,250 employees will lose their jobs.

German Affiliate of Alpine Sold / Picture: © Alpine Logo Press Photo

Liquidator Arndt Geiwitz has found a purchaser still unknown to the public. The construction works of the German affiliate of Alpine will continue at power plants while the other sectors will be closed due to a lack in prospective costumers. 730 out of 1,250 employees will be taken over, according to an announcement by the German protective administration published on Monday. Therefore…

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