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ÖIAG Provides Increased Revenue for the Sate

Published: April 8, 2011; 11:22 · (Vindobona)

The Austrian state holding company will deliver about 250mby means of higher dividend payments to its owner, the Republic of Austria.

ÖIAG Provides Increased Revenue for the Sate / Picture: © Österreichische Industrieholding AG (ÖIAG)

Higher dividends at OMV, Telekom Austria and Post provide for additional revenue for the State. Due to better results, dividends for € 246.5m will be distributed. Compared with 2010, the payments increase by € 4.0m, as a consequence of a higher dividend of the Post AG.

The outgoing CEO of ÖIAG, Peter Michaelis said: 'Including the proposed dividend for this year, ÖIAG will…

This article includes a total of 197 words.

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