[2] A-TEC was active in the areas of power plant construction, drive technology, industrial engineering and minerals & metals.
A-TEC Industries AG has undergone several acquisitions since its founding in 2001, and its history is closely intertwined with that of its founder and director, Mirko Kovats.
Through A-Tec, Kovats frequently engaged in the takeover of economically troubled companies on advantageous terms, after which they underwent restructuring.
A-Tec emerged as the victor among the 49 initial bidders, proposing to repurpose the plant to utilize other energy sources in coordination with AE&E.
The A-Tec share (ISIN AT00000ATEC9) was listed on the Vienna Stock Exchange in December 2006, reaching its highest point of EUR 48 in the summer of 2007.
On October 27, 2009, A-Tec Industries issued a convertible bond (ISIN AT0000A0F795) with a nominal value of EUR 110 million and an 8.75% interest rate, maturing in 2014.