Sale of A-Tec Problematic

IndustrialsIndustrial Goods ♦ Published: November 2, 2011; 14:37 ♦ (Vindobona)

The insolvent Austrian A-Tec corporation, which is currently being dissolved, faces several problems. The sale of the remaining subsidiaries Brixlegg and Emco could be delayed.

Sale of A-Tec Problematic / Picture: © A-Tec

The sale of the three remaining subsidiaries of A-Tec should be finished within the three coming months. This is the aim of A-Tec´s liquidator Matthias Schmidt. If this timeline can be met, is still not clear. Besides the copper manufacturer Brixlegg, the power plant Voitsberg and the tool machine manufacturer Emco are for sale.

By the end of October, the engineering company ATB…