Kovats also Suffers Private Plight

People ♦ Published: December 31, 2010; 00:01 ♦ (Vindobona)

The chairman of the insolvent A-Tec, Mirko Kovats, has to grant Raiffeisen liens on his personal properties

Kovats also Suffers Private Plight / Picture: © Vindobona.org

Raiffeisen Landesbank Oberösterreich ("RLB") now has liens on Kovats’s  private villa in Lower Austria. The property's size is several thousand square meters. The lien, which was granted in favor of the RLB subsidiary Private Bank, amounts to  € 1.95m and exists since November 4, 2010.

Furthermore, the Artis Hotel Group, which is also owned by Kovats over private…