VIENNA, April 30 (Reuters) - Indebted Austrian car parts maker Polytec said on Thursday it had struck a deal in principle with its creditor banks to stave off a looming insolvency. The group, creaking ...
Lack of its own global footprint and high competitive pressures from a selective group of competitors with a global presence have prompted Polytec Holding AG (Hörsching, Austria) to sell of its ...