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Kovats Blames Creditors and Penta

Published: October 4, 2011; 15:26 · (Vindobona)

Mirko Kovats, CEO of the A-Tec group, makes the Czech investment group Penta and the banks responsible for the failed restructuring plan

Kovats Blames Creditors and Penta / Picture: © Reuters

Instead of the 47%-quota, only 30% may be expected, says Kovats. What is more, also this quota will not be easy to reach. For Kovats, the financing banks, the Czech investment group Penta and the head of the Austrian investor´s representation, Wilhelm Rasinger are responsible for the coming liquidation of A-Tec.

In 2006, Kovats managed the IPO of A-Tec at the Viennese Stock…

This article includes a total of 263 words.

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