Vienna Stock Exchange Wants Austrian Post to Become Privatized

People ♦ Published: October 19, 2012; 18:42 ♦ (Vindobona)

Birgit Kuras, CEO of Vienna Stock Exchange, wants the Austrian state to reduce its 53% stake in Austrian Post.

Vienna Stock Exchange Wants Austrian Post to Become Privatized / Picture: © Wiener Börse AG

A further privatization step would be a win-win-situation for the company, the Austrian state and Vienna Stock Exchange, Kuras states. However, privatizations are no end in itself.

According to Kuras, next IPOs are expected next year. Kuras explains that there would be a number of potential new listings. However, the timing is bad at the moment. “The interest rates are low.…