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Polytec Holding AG Linzer Strasse 50 4063 Hörsching, Austria http://www.polytec-group.com
Contact Mr Manuel Taverne +43 7221 701292
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Polytec Holding AG

Disclosure of Details about the financial restructuring of Polytec Holding AG

(PresseBox) (Hörsching, )
The management board of POLYTEC HOLDING AG discloses detailed information about the final concept for a financial restructuring of POLYTEC GROUP. The board is also able to information that all parties involved in the negation process gave their consent to the concept.

After the acquisition of PEGUFORM GROUP in autumn 2008, which was temporary financed by short term loans, POLYTEC Holding AG got into a financial disorder, as a repayment in time was uncertain. That circumstance was mainly caused by the financial crisis, immediately occurred after the closing of the acquisition.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.