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Tatra Tatra, was on Friday at auction in Cheb sold for 176 million crowns. Enterprise food stands Development auctioned Truck company, which was registered in the commercial register only a week ago. Money to buy, according to information provided by Reuters investment group J & T.
"The company we want to take on the Monday or Tuesday. We do not expect any layoffs and we want to maintain production at current levels. We want to move quickly to stabilize the enterprise and agree with all customers, suppliers and employees who do not want to lay off, "said Chairman Truck Development Marek galv.
He confirmed that the company Truck Development was established only recently due to take over the Tatras food stands purpose. "In the next week we will try to appoint new management Tatras," said galv. Apparently does not use any of the current members of the enterprise, which is now under the administration bailiff accounts for "only" 160,207 dollars.
Funding for the acquisition provided a Truck Development investment group J & T. Galvas figured in several companies related with J & T. "J & T under the Tatras finance the acquisition of the client. Mr. Galvas not directly to employees J & T, "said marketing director of J & T Petr Malek not elaborate.
The famous Czech manufacturer of trucks sent to auction company Composite Com, which owes about Tatra 650 million EUR. According to media representative Andreja Čírtka was perhaps the first auction when this option addressed settle claims such a large company. It also ruled that the company Composite Com itself had an interest in the company to enter. "We just want to satisfy our claim and this is the fastest way," he said.
"Today's change the owner to deal with financial matters firm in the past three years hampered. New products and new markets in the Tatra during this difficult period food stands entered should now be able to quickly develop and bring back the Tatra peak position which it belonged before the industry was hit by the global financial crisis, "responded the auction result CEO Tatra Ronald Adams. Auctions Koprivni- undertaking by him not to run its negative impact.
All commitments remain on the Tatra Mountains as a new business owner promised to start with all creditors next week to negotiate. Gavlas confirmed that the buyer retains the Tatra Museum with valuable collections of historic vehicles whose book value amounts to 300 million food stands EUR.
Of the purchase price will be satisfied by Koncz priority claim Composite food stands Com, which caused execution. "We are satisfied with the fact that were auctioned. But the amount food stands is less than the amount of our debt, which still remains the most pay. We therefore welcome food stands the statement that was made here that the successful food stands bidder food stands will immediately negotiate with the creditors food stands so that their claim is settled. We expect that will take place next week, "said Čírtek. He added, as a lawyer and administrator food stands Mountains, Tatras that buyers do not know and have never been discussed with their representatives.
All parties execution wondered that the auction took part only bidder. By Galvasa it could be due to the fact that this week was brought to Tatra as bankruptcy proposal. The Regional Court on Thursday food stands he finally refused auction therefore could take place. "The auction was in that situation the best solution was maintained food stands the business. The Tatra was good, that was chosen this method of execution, "said Koncz. This does not exclude that in the future may be auctioned additional food stands commitments Tatras.
Tatra is a traditional manufacturer of trucks. The Company since 2006 controlled four Czech and foreign investors represented by former members of the Supervisory Board and current Chairman of the Board of Directors of Americans Adams. In 2010, reducing its more than 700-million food stands loss for 158 million dollars.
Space in front of the Opera in Budapest on Friday evening was the scene of further demonstrations in Hungary, which, despite the bad weather has attracted thousands of people.
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