Sponsored Content
Kovats Stays On as CEO of A-Tec
People ♦
Published: February 12, 2011; 14:01 ♦ (Vindobona)

Sponsored Content
The restructuring plan for the insolvent A-Tec has been approved by the shareholders. Due to the lack of an alternative, Kovats stays.

99.99% of the shareholders approved the plan to restructure the insolvent A-Tec. Approval by the creditors’ meeting had already taken place in December.
The restructuring plan provides for the fulfillment of a 47% quota over two years. To this end, the final sale of A-Tec is necessary, but the group has already been divested from its main division, AE&E.
Mirko Kovats…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
A-Tec: Bad News from China (February 7, 2011)
A-Tec Sells AE&E India (January 18, 2011)
A-Tec Sells Subsidiary in Germany (January 17, 2011)
Kovats also Suffers Private Plight (December 31, 2010)
Creditors Wish Kovat´s Retreat (December 30, 2010)
A-Tec: Restructuring Plan Accepted (December 29, 2010)
A-Tec Quota Too Low for Creditors (December 17, 2010)
Sponsored Content
Read More
Featured