KPS meets the 2023/2024 forecast and maintains its position with an expanded customer base in a challenging market environment KPS achieves revenue of €145.4 million in a challenging retail market ...

The magnate was arrested on Thursday on suspicion of falsifying an invoice and trying to hide assets from creditors, according to prosecutors. View on euronews ...

Austrian property tycoon Rene Benko's empire, Signa Holding, collapsed amidst legal troubles and massive debt. After declaring insolvency, Signa's assets faced selloffs and subsidiaries went bankrupt.

The arrest of Rene Benko on Thursday marks a new low for the Austrian property magnate following the collapse of his business empire, Signa Holding.