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ATP Plant Insolvency Linked To Chinese Management

Ö1 Spielberg 14d Impact 5
The insolvency of the ATP plant in Spielberg in summer 2020 was not unexpected, according to works council member Michael Leitner. Leitner stated that the management of the last owner, a Chinese investment firm, had failed to work professionally for at least one year prior to the plant's closure. The management's actions reportedly prevented necessary decisions from being made before the shutdown.

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insolvency management Spielberg

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Sources · 7 independent

Ö1

“Für Betriebsrat Michael Leitner kam die Insolvenz des ATP-Werks in Spielberg im Sommer 2020 nicht aus heiterem Himmel. Das Management des letzten Eigentümersterfabrik, eine Investmentfirma aus China, arbeitete aus seiner Sicht bereits mindestens ein Jahr vor der Werkschließung nicht mehr professionell.”

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