Stranz enters bankruptcy proceedings

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Personnel leasing firm Stranz based in Fernitz in Styria’s Graz-Umgebung district entered bankruptcy proceedings yesterday (Mon).
The Alpine Land Creditors Association said the firm had debts amounting to 1.1 million Euros and that the bankruptcy would affect 67 employees and five creditors.
The firm said the impact of recession had led to its bankruptcy.... [ read more ]