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Alpine
Dispute About Tender for Orient Express
The Orient Express once led through Romania. These days, this section is cause for legal disputes in connection with the tender in the amount of € 330m.
June 13, 2013
Alpine’s Fate Hanging By A Thread
The fate of Austrian construction company Alpine is hanging by a thread. If negotiations fail Alpine has to face its ruin.
June 13, 2013
ALPINE Holding GmbH / Interest payments for ALPINE corporate bond
AT0000A0PJJ0 were paid as planned
ALPINE Holding GmbH / Interest payments for ALPINE corporate bond AT0000A0PJJ0 were paid as planned
June 10, 2013
ALPINE Holding GmbH / Updated business plans / Negotiations with
financing partners and shareholder
ALPINE Holding GmbH / Updated business plans / Negotiations with financing partners and shareholder
June 6, 2013
Czech Republic: Dumping Offers for Building of Highway
Major construction companies screw down prices for the building of a highway segment from Linz to Prague.
June 3, 2013
ALPINE Holding GmbH / Annual financial statement 2012 will be
published in June
ALPINE Holding GmbH / Annual financial statement 2012 will be published in June
May 31, 2013
FCC Wants Guggenheim Partners As Financial Ally
With debts having amounted to more than € 8bn, Spanish parent company of Alpine is now looking for potential financial partners.
May 24, 2013
ALPINE Holding GmbH / Interest payments for ALPINE corporate bond
AT0000A0V834 were paid as planned
ALPINE Holding GmbH / Interest payments for ALPINE corporate bond AT0000A0V834 were paid as planned
May 22, 2013
Alpine Denies Bankruptcy Rumors
The Austrian construction company is to sell its affiliates. However, the expected sale earnings are disproportionate, according to experts. Spanish parent company FCC is said of not being able to raise any further aid money.
May 17, 2013
Alpine: Dispute in Poland About to Escalate
A dispute about the construction of a bridge has intensified. The construction company Alpine has withdrawn from the contract for the building of a highway segment in Poland.
May 15, 2013
Vienna: Infrastructure & Construction Summit Brings Together All Balkan Countries
Government ministers from Austria and various Balkan countries will be discussing infrastructure and construction in the region at a two-day summit in Vienna at the end of May.
April 30, 2013 · Sponsored Content
Alpine and Porr to Be Compensated by Serbia
The Austrian construction companies Alpine and Porr claim € 71m from Serbia before the court of arbitration due to a flopped major project for the building of a highway.
April 26, 2013
CEO of Alpine: „Hubris Led to Losses“
Schiefer, new CEO of Alpine, explained in an interview why Alpine made losses in 2012.
April 25, 2013
ALPINE Holding GmbH / costly financial year 2012
ALPINE Holding GmbH / costly financial year 2012
April 24, 2013
Major Project for Alpine In Berlin
Alpine to build 345 appartments in Berlin. Building permission of € 56m project was announced yesterday.
April 12, 2013
ALPINE Holding GmbH / Effectiveness of Restructuring Agreement /
Publication of Annual Financial Statements
ALPINE Holding GmbH / Effectiveness of Restructuring Agreement / Publication of Annual Financial Statements
March 27, 2013
Austria: Alpine’s Future Sealed
The restructuring contract has been signed by banks and insurance companies. Shareholders are not affected by a haircut.
March 26, 2013
FCC to Cut Down On Manpower
Alpine’s parent company, Spanish construction enterprise FCC is going to cut back on 1,000 jobs. Furthermore, company shares that are not part of the core business in the amount of € 2.2bn are supposed to be sold.
March 20, 2013
Austria: New CEO for Alpine
The construction company was saved from bankrupcy and is now looking for a new CEO
March 5, 2013
Austria: Alpine Turns Out a Big Burden For FCC
The construction company has avoided bankrupcy and is save – for the time being.
March 5, 2013
Austrian Construction Group Alpine Rescued
For the time being, Alpine´s bankruptcy could be prevented. The creditors agreed on a partial waiver.
March 4, 2013
ALPINE Holding GmbH / Consensus between Republic of Austria, banks
and ALPINE has been achieved
ALPINE Holding GmbH / Consensus between Republic of Austria, banks and ALPINE has been achieved
March 3, 2013
Alpine: Austrian Ministry of Finance Rejects Waiver
Although the banks reached an agreement, the restructuring of the Austrian construction group may collapse.
March 1, 2013
Alpine: Future Still Highly Uncertain
Today, Alpine´s creditors decide whether the financially stricken construction company will be restructured.
February 28, 2013
Alpine: Major Contract in Czech Republic
Alpine to rehabilitate the Czech D1 Motorway. Final award of contract to the Alpine/OHL ZS consortium upon expiration of statutory period for filing objections.
February 26, 2013
Austria: Final Talks about the Future of Alpine
Everything revolves around the debt cut and the Future of Construction Company.
February 25, 2013
Alpine: Creditors Face Haircut
The financially stricken Austrian construction company wants its creditors to contribute to the restructuring.
February 2, 2013
Alpine: New Management Under Pressure
The Austrian construction company fights for survival. At the beginning of January, the management has to present a restructuring package.
December 29, 2012
Alpine to Cut a Third of its Workforce
The Austrian financially stricken construction company has to implement radical restructuring measures.
December 21, 2012
ALPINE Holding GmbH / Standstill agreement with financing banks
effectively concluded
ALPINE Holding GmbH / Standstill agreement with financing banks effectively concluded
November 13, 2012
Alpine: Funding is Secured
The financially stricken construction company has reached an agreement with its creditors.
November 10, 2012
FCC Considers Downsizing Alpine
The financially stricken Austrian construction company may sell several business units. A sale of Alpine seems unlikely.
October 20, 2012
Alpine Confirms „Substantial Losses“
The Austrian construction company is in severe difficulties. The management demonstrates optimism.
October 15, 2012
ALPINE Holding GmbH / Ad-hoc Announcement - Clarification in light
of market reaction following news reports regarding ALPINE Bau GmbH
ALPINE Holding GmbH / Ad-hoc Announcement - Clarification in light of market reaction following news reports regarding ALPINE Bau GmbH
October 14, 2012
Alpine Needs Help from Banks
The Austrian construction company faces liquidity constraints. Talks with banks were started already.
October 11, 2012
Alpine Completes First Singapore Subway Tunnel
The Austrian construction company is building six subway tunnels and three subway stations for the Singapore Downtown Line.
September 10, 2012
Alpine Cuts Losses Substantially
New ALPINE 2015 program for margin optimization is showing initial results. Increase in EBIT, EBT and revenue from construction services. The losses in Southeastern Europe should be compensated by the focus on Alpine´s core markets.
August 2, 2012
New Supervisory Board at Alpine
Baldomero Falcones assumes the function of Chairman of the Supervisory Board at the Austrian construction company Alpine.
July 13, 2012
Poland: Alpine Excluded from Tendering Procedure
After a dispute with Polish authorities, the Austrian construction company Alpine has been excluded from the tendering procedure of the national highway S8.
July 10, 2012
Alpine Strengthens Domestic Market Austria
The second-biggest Austrian construction group changes ist management for the biggest market. The new corporate strategy should be implemented now.
July 6, 2012
Alpine Establishes Joint Venture with German RGM
Alpine establishes the AFM - Austrian Facility Management joint venture with Germany's RGM.
June 23, 2012
Third Major Contract in Romania for Alpine
The Romanian railway line between Vintu des Jos and Simeria to be rehabilitated for € 295m by the Austrian construction company.
June 21, 2012
Alpine: „Not Affected by Spanish Crisis“
The Austrian construction company, which is wholly-owned by Spanish FCC, does not worry about the tensioned situation in Spain.
June 13, 2012
Alpine: Major Contract in Norway
The Austrian construction company gained another contract in Norway. The contract value amounts to € 170m.
May 31, 2012
Alpine Lands Another Railway Project in Romania
Alpine, the Austrian construction company, landed another major contract for a railroad project in Romania. The project volume is € 218m.
May 25, 2012
Croatian Subsidiary of Alpine Said to be Insolvent
Osijek Koteks, the Croatian subsidiary of the Austrian construction group faces severe problems. According to rumors, Osijek Kotekts is illiquid.
May 8, 2012
Alpine Launches New Corporate Strategy
The Austrian construction company underlines its commitment to the energy sector. Profitability should be enhanced, CEO Dotter emphasized.
May 7, 2012
Lower Net Income at Alpine
The Austrian construction company achieved profits of € 10m last year after € 17m in 2010. Revenues went up moderately.
April 30, 2012
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