insolvency

German Catholic church-owned Weltbild succumbs to online rivals

After struggling with increased book sales from online rival Amazon and others, German Catholic Church-owned publishing house Wetbild filed for insolvency and placed 6,000 jobs on the line, the Financial Times reported.

Read Full Article

Raiffeisen Bank International to increase bad debt provisions for 2013

Raiffeisen Bank International had been drubbed by bad debts in its Eastern European business as well as insolvencies and restructuring in its home country of Austria.

Read Full Article

Down but not out: Praktiker discloses path to financial recovery

German DIY retail Praktiker may have filed for insolvency this week but plans to rehabilitate the company is brewing.

Read Full Article

Alpine Bau declares insolvency

The Austrian construction group Alpine Bau claims insolvency, and stands to be the largest ever in Austrian history.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics