Leipnik-Lundenburger May Go Public

Businessn.a. ♦ Published: June 22, 2012; 19:37 ♦ (Vindobona)

The new CEO of Raiffeisen Holding Erwin Hameseder considers privatizing the food company. There would be other privatization candidates in the renewable energy sector.

Leipnik-Lundenburger May Go Public / Picture: © Wikipedia / Franz Johann Morgenbesser (CC BY-SA 2.0)

For Hameseder, LLI (Leipni Lundenburger Invest) is a potential candidate tob e privatized. Hameseder does not plan to expand into new business segments, but to deepen the existing segments.

Sales of the companies held by Raiffeisen Holding should rise from € 25bn to € 26bn in the next three to four years. Net income should rise from € 143m to € 350m, Hameseder…