PC and console game developer JoWooD has filed for insolvency following its recent financial troubles. The company's liabilities are estimated at EUR 21.9m, with a 20% return quota proposed to the creditors. The insolvency was triggered by JoWooD's failure to create a new structure and provide fresh capital. The company expects to continue operations following the end of the insolvency proceedings.
*
Österreichische Volksbanken-AG plans to cut 150 jobs due to the integration of subsidiary Investkredit. The cuts have already been partially done and should be completed by the summer, CEO Gerald Wenzel told Kurier.
*
Moody's has warned that it may cut the credit rating of OMV if the latter's plans for a capital increase in the first half of 2011 collapse. The agency referred to the refinancing plans of OMV in view of the USD 800m acquisition of assets in Tunisia agreed earlier this week.
*
Telekom Austria is said to be interested in the takeover of Croatian broadband specialist Metronet, Die Presse reported. The possible purchase price stands in the high double-digit million euro range, the daily said.
Няма коментари:
Публикуване на коментар