(BFW) Orco Threatened by Bankruptcy Without More Capital, Vitek Says

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BN 12/10 13:43 Orco Threatened by Bankruptcy Without More Capital, Vitek Says

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Orco Threatened by Bankruptcy Without More Capital, Vitek Says 2013-12-10 13:47:44.430 GMT

By Jurjen van de Pol Dec. 10 (Bloomberg) -- Orco Property Group will go bankrupt unless it’s allowed to boost its capital, Czech billionaire Radovan Vitek, the company’s largest shareholder, tells Bloomberg’s Lenka Ponikelska. * Story: NSN MXLFH16KLVS8<GO>

For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO> --Editor: James Ludden

To contact the reporter on this story: Jurjen van de Pol in Frankfurt at +49-69-9204-1104 or jvandepol@bloomberg.net

To contact the editor responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net