Sponsored Content
Kovats Has to Increase Quota
People ♦
Published: December 8, 2010; 00:00 ♦ (Vindobona)

Sponsored Content
The remaining divisions of the insolvent A-Tec Group are being valued. Kovats will not be able to avoid an increase of the quota for the creditors.

Last week, the business consultancy Deloitte submitted a report on the two A-Tec divisions copper (Tyroler Montanwerke) and machine tools (Emco). The value of these two divisions is said to amount between € 150m and € 200m.
By next week, a complete list of all assets will be ready, according to creditors’ spokesman Hans-Georg Kantner. The A-Jet airline has to be added to…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Kovats Remains CEO of A-Tec for the Time Being (December 6, 2010)
Andritz Purchases and Restructures AE&E Austria (December 3, 2010)
A-Tec in the Red (November 30, 2010)
Insolvency of AE&E (November 26, 2010)
A-Tec Restructuring: Kovats Hands Over 25.1% (October 28, 2010)
A-Tec: Will 100 Million be Given Up by the Creditors? (October 27, 2010)
A-Tec Creditors: Minimum Rate Too Low (October 22, 2010)
A-Tec Offers a 30% Quota (October 21, 2010)
Sponsored Content
Read More
Featured