The hotel operator Alpin Family GmbH does not come from the headlines. This is not only due to the ever -increasing minus in the constant bankruptcy procedure, but also because of the nested business construction. Two companies from Upper Austria offer the positive reports in this bankruptcy thriller.
The debts of Alpin Family GmbH and at least twelve other companies from the hotel operator have gathered at good more than 23 million euros instead of the initially 17 million euros. Because the nested business structure with the seat of various companies in Vienna and mailboxes as well as companies in Holland and even appear in Moscow and Dubai, the bankruptcy has potential for a thriller.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
