Tag: Michael Tojner

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Disaster for shareholders – high debts: Varta initiates restructuring proceedings

Troubled battery company Varta, majority-owned by Austrian investor Michael Tojner, has filed a so-called pre-insolvency restructuring procedure with the Stuttgart District Court. A spokesman...

Capital cut looms – bottom: Varta shares plunged 80%

Shares of German battery manufacturer Varta, majority owned by Austrian investor Michael Tojner, have plummeted by 80 percent! The ailing company plans to file...

Shareholders tremble – Varta plans radical restructuring with a haircut

Battery manufacturer Varta, majority-owned by Austrian investor Michael Tojner, wants to get back on solid financial ground with radical cutbacks. The ailing company from...

Dealing way too cheap? – Kika/Leiner: WKStA has Benko bargains in its sights

Criminal case: The purchase of the former Leiner house on Vienna's Mariahilfer Straße has consequences for René Benko and a former top manager of...

Investigation ended: will charges be filed against ex-minister Brandstetter?

The Public Prosecutor's Office (StA) Innsbruck has completed the investigation against former Minister of Justice Wolfgang Brandstetter (ÖVP). A project report has been...

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