ÖIAG to be Enlarged?

Politics ♦ Published: September 21, 2012; 00:46 ♦ (Vindobona)

Publicly held companies like Verbund or Austrian Railways should be integrated into the Austrian industrial holding group.

ÖIAG to be Enlarged? / Picture: © Österreichische Industrieholding AG (ÖIAG)

For months, a debate on ÖIAG´s future is going on. The Austrian governing parties SPÖ and ÖVP did not agree on a common strategy yet. Both parties still have a fundamentally different strategy for ÖIAG.

SPÖ wants to dissolve ÖIAG and to put the three remaining interests to the Ministry of Finance. By contrast, ÖVP promotes to shift the publicly held stakes in ÖBB…