Read the latest headlines about developments in international organizations, companies and institutions operating in Vienna, Austria
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Vienna International Company News

OMV shows interest in Dana Petroleum

Shares of British oil and gas group increasingly gaining according to rumours.

June 21, 2010

Liquid-gas-project in Croatia delayed

The liquid-gas-project in Croatia, Adria LNG, in which OMV is involved with about one third will be postponed for at least three years.

June 21, 2010

Hypo Alpe Adria - shareholders' meeting approves capital increase

€600m ($740m) of fresh capital, shareholders' meeting approves capital increase. Bank issued €450m ($555m) in form of participation certificates for the Federal Government, State Carinthia contributes €150m ($185m).

June 21, 2010

Green power - competition for new wind turbines

The increase in wind power subsidies triggers a construction boom. The subsidy pots for three and a half years are already allocated.

June 17, 2010

EU government leaders agree on bank tax

Financial transaction tax demanded for G-20.

June 17, 2010

Textile Industry remains attractive

The industry managed to register sales increase for the sixth consecutive year, the trend is upwards.

June 17, 2010

Internet services industry produces about €6b

The Internet industry employs 33,000 people in Austria. Value creation is estimated at €2.8b.

June 17, 2010

Austrian Post boss Pölzl - No loss of customers, banking business is running normally

Post boss George Pölzl defends himself against allegations of the works council that Post is suffering of customer flight.

June 16, 2010

Gazprom plans to enter Slovakian market

The gas company will take over the subsidiary Energo Vemex in Slovakia.

June 16, 2010

Wolfgang Hesoun is new head of Siemens - Porr boss succeeds Brigitte Ederer

On Wednesday the Supervisory Board of Siemens Austria will decide on the new head of the company.

June 15, 2010

Lyoness Austria received a certificate of Leading Companies of Austria by the WKO Vienna

Leading Austria is a nationally operating platform, evaluating companies in Austria by their own management quality system.

June 15, 2010

Austrian Post - Customers are leaving

Staff representative of the Austrian Postal Service sees the closure of branches as main reason for the negative results of Post.

June 15, 2010

Konrad confirmed as advocate-general for Raiffeisen

Christian Konrad is elected for another four years.

June 15, 2010

Andritz to supply electromechanical equipment for Ilisu hydropower station, Turkey

International technology Group Andritz will supply electromechanical equipment with a total value of approximately 340 MEUR as part of the construction of the Ilisu hydropower station in Turkey.

June 15, 2010

Dairy firms Tirol Milch and Berglandmilch to merge

Austrian dairy companies Tirol Milch and Berglandmilch are reportedly planning to merge operations and create the nation’s largest dairy company.

June 14, 2010

OMV could be an accomplice in war crimes and crimes against humanity

OMV produced oil from 1997 to 2003 in sector 5A in Sudan. The current report of the European Coalition on Oil in Sudan (ECOS) provides new evidence that there is a direct link between oil production and the intensification of the conflict.

June 14, 2010

OMV remains Austria's largest company

OMV leads the current list of the 500 most profitable companies, despite registering a loss of revenue.

June 14, 2010

ECO Business-Immobilien AG sells Opernringhof in Vienna for €101m

ECO Business-Immobilien AG announces the upcoming sale of the Opernringhof in the first district of Vienna for EUR 101 million. The object will be sold to an Austrian private investor for a price significantly above the current carrying value.

June 14, 2010

Miba AG makes a strong start to the new business year

Miba, strategic partner to the international engine and automotive industry, had a strong start to the new business year.

June 11, 2010

Green Party Vienna sharply criticises the Summit Bank

"Scandalous interplay of politics and banks'

June 11, 2010

AE&E scores a contract over EUR 20 million

The AE&E Group will supply three heat recovery steam generators for a new industrial combined cycle power plant in Stade a North German town, Lower Saxony.

June 11, 2010

Fresh money for upcoming infrastructure projects

If it was for the BZÖ party, parts of the ÖBB should by privatised by being listed.

June 10, 2010

Austrian President Dr. Heinz Fischer - banks should also make contribution to costs of the crisis

Austrian President Dr. Heinz Fischer said today at the IIF conference in Vienna "a developed social system and equitable distribution of income and wealth for the economic efficiency and political stability of a country are particularly important".

June 10, 2010

Skylink-time and on budget-holding

Listed “Flughafen Wien” sticks to its initial statement that completion and commissioning of the terminal expansion Skylink will be expected in the first half of 2012.

June 10, 2010

Securing the future of the GM plant in Vienna-Aspern

Economy points to larger role of GM Powertrain in the restructuring plan.

June 10, 2010

Andritz to upgrade CMPC Celulosa´s Santa Fe mill, line 2, Chile

International technology Group Andritz will deliver the equipment for a capacity increase of line 2 at CMPC Celulosa´s Santa Fe mill, Chile.

June 10, 2010

SW Umwelttechnik - Order intake - First Bulgarian and Moldovan projects

A new canalisation system consisting of a sewer drain and a wastewater treatment plant is being constructed in Rousse with the help of EU aid programmes.

June 10, 2010

ÖBFA wants to sell more government bonds to the public

The Austrian Federal Financing Agency ÖBFA launches an information campaign, with the aim to increase the interest of private investors and their savings in form of Austrian government bonds.

June 8, 2010

Raiffeisen launching Zuno

Raiffeisen International is starting a direct bank with the pretty name Zuno, which will start this year in Slovakia.

June 8, 2010

Rosenbauer International AG - major order from Saudi Arabia

Rosenbauer, a leading manufacturer of fire fighting vehicles, has once again received a major order from the Saudi Arabian Ministry of the Interior.

June 8, 2010

Raiffeisen banks are approaching reunification

Raiffeisen International, performed better than expected in the first quarter of 2010.

June 8, 2010

123people wins Venture Capital & Private Equity Award 2010

Jury commends startup success story, "Made in Austria"

June 8, 2010

Change at the ÖBB top - Kern replaces Klugar

The current Verbund manager Christian Kern takes over the top job of Peter Klugar at Österreichische Bundesbahnen (ÖBB).

June 7, 2010

Institute of International Finance meeting in Vienna - Soros, Papandreou, Ackermann participating

The IIF expects a large gathering of the world’s leading bankers and investors to attend the 2010 IIF Spring Membership Meeting.

June 7, 2010

Rosenbauer International AG - The new AT - the municipal fire service vehicle of the future

The AT from Rosenbauer has been a byword among fire services for more than 15 years. Moreover, ever since the first generation, it has been subject to ongoing improvements and in the meantime, over 2,000 vehicles are in operation worldwide.

June 7, 2010

Voestalpine AG - AGM

Invitation to the General Meeting

June 4, 2010

Schieder wants ban on short selling

The Financial Secretary sees Germany as role model.

June 4, 2010

Presentation of local top companies to institutional investors in New York

A roadshow will be presented in New York for the first time a cooperation between Crédit Agricole Cheuvreux and the Vienna Stock Exchange.

June 4, 2010

EVN scores a gas deal in Croatia

A new gas pipeline built by Austrian energy provider EVN will provide thousands of Croats.

June 2, 2010

STRABAG wins new large orders worth € 156 million in Romania and Abu Dhabi

STRABAG, Central and Eastern Europe’s largest construction company, has won two new large orders in Romania and Abu Dhabi.

June 2, 2010

Voestalpine - Difficult business year 2009/10 successfully mastered

Due to the extremely challenging economic circumstances, in the business year 2009/10, the voestalpine Group incurred a significant decline in revenue and operating result compared to the previous year.

June 1, 2010

Bösendorfer hopes for profit from 2012

With the return to profitability Bösendorfer will again produce 300 grand piano annually in Wiener Neustadt.

June 1, 2010

Bene AG - Change in the composition of the management board

Roland Marouschek has resigned his mandate as a Member of the Management Board and Director of Sales and Human Resources.

June 1, 2010

C.A.T. Oil AG further improves profitability and earnings under abnormally harsh weather conditions

C.A.T. oil AG (O2C, ISIN: AT0000A00Y78), one of the leading providers of oil and gas field services in Russia and Kazakhstan, today has published its results for the first quarter 2010.

May 31, 2010

Lauda wants to sue Republic of Austria

FlyNiki boss Niki Lauda wants to sue the aeronautical authorities of the Republic of Austria for damages because of the loss for his airline due to the bans as a result of the Icelandic ash cloud.

May 31, 2010

Banks are approaching reunification

Raiffeisen International, the listed Ostbankenholding of the sector, has ended the first quarter of 2010 better than expected.

May 31, 2010

Chief Justice - AvW to pay investors

The Supreme Court declined a revision. The ruling is regarded as indicative of the current 400 million euro investment scandal.

May 31, 2010

Telekom Austria approves dividend of 75 cents

Austria's telecommunications service provider Telekom Austria decided at its regular meeting today, a dividend of 0.75 euros for 2009.

May 28, 2010

Uniqa - First quarter with more profit and premium income

The listed company Uniqa insurance managed to increase first quarter profit and premium income.

May 28, 2010

Hypo-Alpe-Adria - Carinthia and Bayern to co-operate

For the first time in the history of judicial prosecution, Munich and Klagenfurt agreed to a formation of a "joint investigation team ", in the case of Hypo-Alpe-Adria-scandal.

May 28, 2010