A-TEC Industries AG    



Waechtergasse 1

Vienna, 1010


43 01 22760

43 01 22760 160

Company description

Manufacturing: A Vienna-based international industrial group with operations in drive systems, plant engineering, machine tools, minerals and metals

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News and information about A-TEC Industries AG

Austrian A-tec confirms receiving binding offers.
ADP News Austria; July 1, 2011; 228 words
(ADPnews) - Jul 1, 2011 - Austrian insolvent industrial holding company A-Tec Industries AG (WBAG:ATEC) announced today it had received binding offers from interested parties within the June 30 deadline. Therefore...
Czech-Slovakian Penta confirms interest in Austrian A-tec - report.
ADP News Austria; June 29, 2011; 227 words
...Slovakian investment group Penta Investments confirmed its interest in Austrian insolvent industrial holding company A-Tec Industries AG (WBAG:ATEC). Penta will submit an offer, aiming to acquire the Austrian company as a whole, daily Wirtschaftsblatt...
Penta Investment interested in Austrian A-tec - report.
ADP News Austria; May 27, 2011; 279 words
...investment group Penta Investments is among the interested parties to acquire Austrian insolvent industrial holding company A-Tec Industries AG (WBAG:ATEC), daily WienerZeitung reported. According to A-Tec's restructuring plan, creditors should be paid...
A-Tec's operating profit climbs 57.1% Y/Y in Q1 2011.
ADP News Austria; May 12, 2011; 276 words
(ADPnews) - May 12, 2011 - Insolvent Austrian industrial holding company A-Tec Industries AG (WBAG:ATEC) reported a 57.1% annual increase in operating profit to EUR 25.3 million (USD 35.9m) for the first quarter...
Austrian A-Tec shareholders give nod to restructuring plan.
ADP News Austria; February 11, 2011; 267 words
(ADPnews) - Feb 11, 2011 - The shareholders of Austrian industrial holding company A-Tec Industries AG (WBAG:ATEC) today approved the restructuring plan which was adopted by creditors in December 2010. At the same time, Franz...
Bondholders' Rights In Case Of Insolvency Restricted By 1874 Law.
Mondaq Business Briefing; February 9, 2011; 700+ words
Introduction On October 20 2010 insolvency proceedings were opened against A-TEC Industries AG, the Austrian holding company of industrial group A-TEC. With outstanding debt of around [euro]650 million (including contingent...
Austrian A-Tec sells German subsidiary for EUR 70m.
ADP News Austria; January 17, 2011; 211 words
(ADPnews) - Jan 17, 2011 - Austrian holding company A-Tec Industries AG (WBAG:ATEC) said Monday it has agreed to sell its German machine tool maker Doerries Scharmann for some EUR 70 million (USD...
A-Tec rescued for the time being, creditors approve restructuring plan.
ADP News Austria; December 29, 2010; 268 words
(ADPnews) - Dec 29, 2010 - The creditors of insolvent Austrian industrial holding company A-Tec Industries AG (WBAG:ATEC) approved the plan for the company's restructuring today. They settled for a 47% rate of repayment of their...

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Industry information

NAICS codes 
North American Industry Classification System (NAICS) codes are used to classify businesses for the purpose of collecting statistical data related to the U.S. economy. NAICS codes have been assigned to international companies to help organize all companies by type of activity.  

Primary: 335312 - Motor and Generator Manufacturing

335999 - All Other Miscellaneous Electrical Equipment and Component Manufacturing

336322 - Other Motor Vehicle Electrical and Electronic Equipment Manufacturing

551112 - Offices of Other Holding Companies


SIC codes 
Standard Industrial Classification (SIC) codes classify establishments by their primary type of activity. SIC codes are a U.S. Census Bureau system but can apply to international companies.  

Primary: 3621 - Motors and Generators industry report

3694 - Electrical Equipment for Internal Combustion Engines industry report

3699 - Electrical Machinery, Equipment, and Supplies, NEC industry report

6719 - Offices of Holding Companies, NEC industry report