Hypo Alpe Adria Divests TLM-TVP in Croatia

IndustrialsIndustrial Goods ♦ Published: August 13, 2012; 17:06 ♦ (Vindobona)

The nationalized Austrian bank successfully has sold the aluminum hot-rolling mill TLM-TVP d.o.o. in Croatia to the Vienna-based Euris.

Hypo Alpe Adria Divests TLM-TVP in Croatia / Picture: © Vindobona.org

Hypo Alpe-Adria-Bank International AG (HAA) successfully has sold its largest industrial participation - the indirect majority participation (83.96%) of the aluminium company TLM-TVP – after a transparent and multi-stage tendering procedure to the Austrian company EURIS Handel GmbH. The contracts were signed and closed these days in Austria and Croatia.

EURIS, currently the…