Metrostav bought Austrian tunnelling contractor ALPINE BeMo Tunnelling - First employee reactions
ALPINE BeMo Tunnelling announced that the insolvency administrator of Alpine Bau has informed them that he has decided to sell ALPINE BeMo Tunnelling including its branch offices and subsidiaries to Metrostav.
Therefore, pending approval of the creditors' meeting and the insolvency court as well as competition clearance by the Czech and Austrian competition authorities, Metrostav is the new parent company.
The purchase price will not be disclosed. Metrostav is the sales leader of Czech construction market.