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Mirko Kovats, through his majority owned and controlled A-Tec Industries AG, a Vienna Stock Exchange traded industrial group, has built a strong base in non-ferrious metals and industrial engineering businesses. Has been able to take control of some key copper and related assets in Central and Eastern Europe. Took over ATB, AE&E and Montanwerke Brixlegg, consolidating into A-Tec.
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A-Tec has some good metals and mineral assets. They wanted to go for some more copper deals, but the credit crunch must have held them back, as no big acquisitions are coming out of them. Any news?
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