Upper Austrian Manufacturing Industry on Investment Course

Businessn.a. ♦ Published: January 21, 2011; 01:54 ♦ (Vindobona)

AMAG and Lenzing show ambitions to be listed again on the Vienna Stock Exchange. Energie AG massively increases its investment budget.

Upper Austrian Manufacturing Industry on Investment Course / Picture: © Lenzing

Three leading Upper Austrian companies have expansion plans: the paper mill Lenzing, Austria Metall AG (AMAG) and the power company Energie AG.

Therefore, according to "OÖN" AMAG could get new owners soon. Currently Constantia Packaging holds 90% of the aluminum producer. Constantia is in turn a subsidiary of One Equity Partners (OEP). OEP is owned by the U.S. investment bank JP…