Cosmetic surgery amendment likely

Categories
Politics

The People’s Party (ÖVP) has harshly criticised Health Minister Alois Stöger’s “style” of presenting new ideas – but also explained it would support his cosmetic surgery draft bill. Stöger told magazine News and newspaper Kurier yesterday (Thurs) that he wanted to implement stricter rules on plastic surgeries. Teenagers should be ordered to consult psychologists before […]

Rasinger blamed for A-Tec disaster

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Business

Mirko Kovats has harshly attacked Wilhelm Rasinger over the bankruptcy of A-Tec Industries AG (A-Tec). The industrial company – which consists of various affiliates operating in the raw material sector, the creation of factories and the production of tools – was founded by Kovats. It had to open insolvency procedures last year. The controlled bankruptcy […]

Anger and disagreement as A-Tec sale deadline expires

Categories
Business

The government is disagreeing over whether the Federal Industry-Holding Stock Corporation (ÖIAG) should get involved in the handling of a major bankruptcy to save jobs. Social Democratic (SPÖ) General Secretary Günther Kräuter suggested yesterday (Sun) ÖIAG should be used as an “active industrial-political instrument” after it became clear on Friday that plans to carry out […]

A-Tec sale hit by Penta lawsuit

Categories
Business

The sale of broke industrial company A-Tec Industries AG (A-Tec) could be overruled by judges after a defeated bidder revealed plans to appeal the deal in court. Czech-Slovakian investment company Penta announced today (Tues) an affiliate has asked the Commercial Court of Vienna for an injunction of the agreement between A-Tec bosses, representatives of creditors […]