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Sale of A-Tec Imminent – Mirko Kovats Attacks Politicians and Banks

Published: August 11, 2011; 16:07 · (Vindobona)

The Austrian conglomerate’s negotiations with investors are about to be concluded. CEO Kovats criticized banks for being “no help in securing jobs”.

Sale of A-Tec Imminent – Mirko Kovats Attacks Politicians and Banks / Picture: © Reuters

Mirko Kovats, CEO of A-Tec, announced a decision on the sale of the group for “the next days”. In an interview with weekly “Format”, he launched a verbal attack on Austrian politicians and bankers.

Kovats expressed his regret that Austrian politicians had not stood up for an “Austrian solution” for A-Tec. The conglomerate once employed 12,000 people, the headcount…

This article includes a total of 219 words.

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