HETA ASSET RESOLUTION AG is a wind-down company owned by the Republic of Austria. Its statutory task is to dispose of the non-performing portion of Hypo Alpe Adria, nationalised in 2009, as effectively as possible whilst preserving value.
HETA ASSET RESOLUTION AG has a portfolio of about EUR 1.7 billion (as of 31.12.2019). In the interests of the taxpayer, it assumes responsibility for the assets it has taken over from the former Hypo Alpe-Adria-Bank International AG and for the best-possible reduction of risks.
The results of these efforts are clear for all Austrians to see. HETA ASSET RESOLUTION AG publishes reports on the implementation of the wind-down plan at regular intervals.