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Kostad Must Be Renovated
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As the KSV1870 announces, Kostad Steuerungsbau GmbH, the operating subsidiary of the listed stock exchange Kostad AG, has stopped its payments and submitted an application to the Landesgericht Wiener Neustadt for the opening of a restructuring procedure without self-administration. The procedure has not yet been opened. However, the KSV1870 expects a timely opening of the procedure. Kostad AG, which has been listed on the Vienna Stock Exchange s…
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