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Kovats Remains CEO of A-Tec for the Time Being

Published: December 6, 2010; 21:44 · (Vindobona)

Despite the resignation offer to the creditors Mirko Kovats, majority owner and founder of bankrupt A-Tec, stays on as CEO.

Kovats Remains CEO of A-Tec for the Time Being / Picture: © Reuters

Contrary to speculations from media circles, Mirko Kovats will continue in office for the time being. In the course of negotiations with the creditors of the A-Tec-Bond, he offered his resignation as CEO. The creditors' spokesman, Hans Georg Kantner said about the issue: "We have discussed the offer, but have came to no final conclusion". Discussions will only continue next…

This article includes a total of 201 words.

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