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Vienna International Company News
Read the latest headlines about developments in international organizations, companies and institutions operating in Vienna, Austria
Austria's Funds Showed a Plus in 2010
2010 was another year of gains for Austrian funds: of 1601 funds, 1464, showed a positive performance.
January 15, 2011
ATX still Undervalued
Much upward potential still exists for the Austrian leading index, because the ATX is still undervalued, according to Alois Wögerbauer.
January 15, 2011
ATX Restructuring Expected
It is expected that the three real estate securities, CA Immo, Conwert and Immofinanz will rise into the Austrian ATX Prime leading index.
January 15, 2011
Bank Austria Increases its CA-Immo Stake
The UniCredit-subsidiary intends to acquire a major stake of the Austrian real estate company CA Immo.
January 15, 2011
Vienna Stock Exchange: Winners and Losers (2011-01-14)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
January 15, 2011
Investment Inhibition in Austrian Companies
The investment situation of Austrian companies is analyzed in the liquidity situation report by PwC. There are still frictions present on the capital market.
January 14, 2011
Customer Growth for Construction Savings Bank ABV
In 2010, the Austrian construction savings bank ABV granted building loans for € 287m.
January 14, 2011
New Charges against Ruttenstorfer
The chairman of Austria's OMV is accused of market manipulation because of an interview.
January 14, 2011
Bank Austria Bids for Bank of Moscow
The UniCredit subsidiary is reported as holding talks with the Bank of Moscow to acquire a 46.5% stake.
January 14, 2011
New Perspectives for Nabucco
The European Commission wants to commit Azerbaijan to supply gas to Europe. This is expected to be done via the Nabucco pipeline.
January 14, 2011
Bawag and Post Share 520 Branches
Investments in the common branch network of the Austrian Post and the U.S. fund Cerberus owned Bawag are running.
January 14, 2011
Agrana´s Upward Trend Continues
With a strong third quarter, Agrana, the Austrian sugar, starch and fruit group, continued its positive performance of the current financial year.
January 14, 2011
Vienna Stock Exchange: Winners and Losers (2011-01-13)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers
January 14, 2011
Bright Outlook For Magna
The Canadian/Austrian automotive component supplier today announced its financial outlook and expects a significant increase in sales as well as profits.
January 14, 2011
Austria Savers Remain Conservative
Saving behavior in Austria remains unchanged with a high degree of popularity of traditional building savings plans and bank savings accounts.
January 13, 2011
Sales Increases for the Pfeiffer Group
The Upper Austrian commercial group increased its sales last year to € 682m. Price pressures are however immense, according to Pfeiffer.
January 13, 2011
Turkish Electricity Market Threatens to Collapse
The increasing energy demand in Turkey is facing a lack of infrastructure. Austrian Verbund will expand its investments.
January 13, 2011
AUA and Flyniki: Passenger Growth
Austrian Airlines increased its number of passengers by 9.7% in 2010; Flyniki achieved an increase of 29%.
January 13, 2011
Vienna Stock Exchange: Winners and Losers (2011-01-12)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
January 13, 2011
Slow upward trend in Austria's trade and handicrafts
For 2010, KMU-Forschung Austria expects slight sales increases. Support for research projects will be supported in future.
January 13, 2011
Auer-Welsbach Pleads Not Guilty
The former CEO of the Austrian AvW stays by his actions on the first day of his trial.
January 12, 2011
Imtech Austria has Expansion Plans
The subsidiary of the Dutch Imtech Corporation, located in Linz, wishes to get into Eastern Europe and achieve stronger growth.
January 12, 2011
Crash of JoWood’s Share
After the insolvency submission, the Austrian game manfacturer’s shares had to be suspended from trading. On the first trading day, the share fell by 30%.
January 12, 2011
Vienna Stock Exchange: Winners and Losers (2011-01-11)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
January 12, 2011
CA Immo Expects Sharp Rise in Earnings
After a major expansion, the Vienna-based real estate company´s assets stand at above € 5.0bn. The annual growth rate has exceeded 30% since 2005.
January 12, 2011
Immofinanz: Record Letting Results for German Subsidiary
The Austrian Real Estate Group benefits from the upswing in the German property market.
January 12, 2011
CEE: Raiffeisen Remains Optimistic
The analysts of the Austrian Raiffeisen International Bank give Austria and the CEE good growth prospects. However, there still remain known risks.
January 12, 2011
Telekom Austria: New Acquisitions in Croatia?
The signs of Telekom Austria’s efforts to expand in Croatia are getting more evident. The group is being discrete however.
January 12, 2011
Record of New Car Registrations
The number of registrations of new passenger cars registered an increase in Austria of 2.9% compared with 2009, with a total of 328,563 vehicles.
January 12, 2011
AvW: Big Lawsuit because of Investment Fraud
One of the largest proceedings in Austrian economic history is being conducted against the former financial services provider AvW.
January 10, 2011
New Controversy over the Hypo Group
According to the investigators, there would be no connection between the Austrian bank and Gribkowsky, the former member of the board of BayernLB
January 10, 2011
Polbank: Imminent Decision
The decision for the sales process of Polbank will be announced in the next few days, according to the parent company EFG Eurobank.
January 10, 2011
Optimism at JoWood After Insolvency
The Austrian manufacturer of computer games is convinced of the continuity of the company. There are already interested parties with whom negotiations are being held.
January 10, 2011
Austrian Tourism Operators Continue to Invest Heavily
Investment in the tourism business is estimated at € 5.0bn for 2011. The previous year’s level will therefore be maintained.
January 10, 2011
Austrian Tobacco Industry Fears Cigarette Smuggling
According to the presently Japanese Austria Tabak, 20% of cigarettes are already smuggled. The tobacco tax is expected to increase this trend even more.
January 10, 2011
Energie Steiermark Acquires Majority Stake of Gas Supplier in Belgrade
67% of Serbian Beogas are being taken over by the Styrian energy company.The concession covers a service area in the Serbian capital, with over 400,000 customers.
January 10, 2011
EVN Elects New Supervisory Board
The majority shareholder of the Austrian energy company EVN submitted a proposal regarding the new supervisory board elected on January 20.
January 10, 2011
S&T announces to withdraw from Germany
The Austrian information technology consulter S&T withdraws from the German market. Hence the German subsidiary „S&T Deutschland GmbH“ will be closed.
January 10, 2011
Vienna Stock Exchange: Winners and Losers (2011-01-10)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
January 10, 2011
Immofinanz Group: New Head of Developments Commercial
The Immofinanz Group announces the appointment of Ralph Bezjak, 43, who has recently taken on the position of Head of Developments Commercial.
January 10, 2011
OMV: Moody´s Warns Against Downgrade
The Austrian energy group has to refinance its acquisitions in Turkey and Tunisia. The American rating agency puts pressure on OMV.
January 10, 2011
Smurfit Kappa Nettingsdorfer Reports Production Record
The paper manufacturing company reports increasing production numbers. However, sales are decreasing substantially
January 7, 2011
Volksbanken Profitable Again
The Austrian Volksbanken Group generated profits in 2010. The state’s money should be repaid this year.
January 7, 2011
Demands for Financial Transactions Tax
The Chairman of the Austrian Provincial Governors’ Conference, Josef Pühringer, demands the introduction of a pan-European financial transactions tax.
January 7, 2011
Additional Revenues for C-Quadrat
The Austrian investment fund C-Quadrat Investment AG earns additional revenues from performance fees in December 2010.
January 7, 2011
Management Change at IBM Austria
Tatjana Oppitz is the new Director-General at IBM Austria, replacing Leo Steiner.
January 7, 2011
Suspicion on Money-Laundering at Hypo Group
Money transfers between the Carinthian Bank, Switzerland, Liechtenstein and the Caribbean are currently being checked extensively by the judiciary.
January 7, 2011
S&T: New Investors in Sight
S&T, the software company undergoing massive difficulties located in Austria might get an Indian investor soon.
January 7, 2011
OMV: Market Predicts Capital Increase
Due to acquisitions and the rating situation, analysts expect a capital increase of Austria's energy group.
January 7, 2011
Vienna Stock Exchange: Winners and Losers (2011-01-07)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
January 7, 2011
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