Uncertain Future for ÖIAG

Politics ♦ Published: June 19, 2012; 15:42 ♦ (Vindobona)

After CEO Markus Beyrer announced to resign, a new debate about the future of the publicly held Austrian industrial holding emerged.

Uncertain Future for ÖIAG / Picture: © Vindobona.org

Last week was rather turbulent for the Austrian state holding ÖIAG. However, also in the coming months calm will not return.

After the entry of the Mexican investor Carlos Slim at Telekom Austria and the resignation of ÖIAG´s chairman Markus Beyrer, the Minister of Economics Reinhold Mitterlehner (ÖVP) again promoted he sale of the publicly held 28.4% stake. Mitterlehner:…