Insolvent AvW Invest AG Cannot Submit Financial Statements

Businessn.a. ♦ Published: September 29, 2010; 16:17 ♦ (Vindobona)

The Carinthian financial company AvW, belonging to Wolfgang Auer-Welsbach who is in custody, cannot provide the necessary documents to prepare its financial statements.

Insolvent AvW Invest AG Cannot Submit Financial Statements / Picture: © AvW

Insolvent Carinthian AvW Invest AG of the imprisoned Wolfgang Auer-Welsbach, is unable to submit financial statements.

The insolvency administrator announced today, Wednesday, that the annual 2009 financial statement and the financial reports for subsequent periods will not be published until further notice.

Apparently the auditor is unable to close the year 2009…