Read the latest headlines about financial transactions between Austrian and foreign parties, such as investments, important orders or M&A deals
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Austrian Company Deal News and Analysis

Hypo Group: Supervisory Board Wants Bad Bank

Johannes Ditz, chairman of Hypo Group´s supervisory board thinks that the bank will need even more time to scale-down its risky assets.

December 22, 2012

Romanian Post to be Privatized

In total, 51% of the company will be sold. The Romanian state will keep a 24% stake in Post.

December 18, 2012

Uniqa Sells Hotel Investments

The Uniqa Group is selling its hotel investments from the Austria Hotels International Group to an investor group headed by Oliver W. Braun (also including Günter Kerbler, Johann Kowar and others).

December 18, 2012

Austrian Competition Authority May Prevent Orange-Takeover

This week, the EU-Commission has approved the acquisition of the third-biggest telecommunication company by Hutchison Austria. Austria´s BWB (Federal Competition Authority) is seen as risk factor.

December 15, 2012

Austria: BWB Approves New Shareholder at Bawag

The U.S. investment fund Golden Tree Asset Management becomes the second core shareholder of the Austrian bank.

December 14, 2012

Orange Takeover Finally Approved

After more than ten months, the EU Commission approved the takeover of the third-largest Austrian telecommunication operator by the competitor Hutchison Austria.

December 12, 2012

Zavarovalnica Maribor Remains Slovenian

The Slovenian insurance company was taken over by the Sava Re. NKBM has to increase its equity quota.

December 11, 2012

Bank Austria: Major Losses in Kazakhstan

In 2007, Bank Austria took over the Kazakh ATF Bank. In total, the banking group is threatened to record losses of up to € 1.8bn. Now, Bank Austria is said to leave Kazakhstan.

December 11, 2012

Orange-Takeover: Commission to Announce Decision Next Week

EU Commissioner Joaquin Almunia said that the final decision will be published next week. The deal is likely to be approved.

December 8, 2012

RBI Sells Stake in RHI

The Austrian Raiffeisen Bank International sells the 7.3% interest in the Austrian refractory company.

December 7, 2012

Voestalpine Acquires Canadian Sturdell Industries

The Vienna-listed voestalpine Group continues to further expand its market position in North America by undertaking an acquisition in its special steel segment.

December 7, 2012

Hypo Group: Deadline Expires

Today, the first deadline for the sale of Hypo Group´s subsidiaries in Southeast-Europe expires.

December 7, 2012

Legal Merger of Raiffeisen Bank Polska and Polbank EFG Approved

Approval is starting point for unification of market approach and operational merger process. Cost synergies to be achieved by optimization of the branch network and the staff number, among other measures.

December 5, 2012

Verbund Focuses on Hydro Power

After the deal with German E.ON, the biggest Austrian energy company has a new core market and a new core product.

December 4, 2012

Verbund Sells Enerjisa to E.ON

Verbund, Austria’s leading utility, and E.ON, one of the world’s largest energy providers, have reached an agreement on an asset swap.

December 3, 2012

RHI: USA and India as Growth Markets

CEO Franz Struzl considers expanding into India, Russia and the U.S. Investments will reach about € 50m.

December 1, 2012

Slovenia: Austrian Grawe Will not Take Over ZM

The second-biggest Slovenian bank NKBM (Nova Kreditna Banka Maribor) sells its interest in the insurance group Zavarovalnica Maribor (ZM). Sava Re negotiates with NKBM already.

November 30, 2012

Hypo Group Sold AluFlexPack to MTC

After months of negotiations, the Austrian nationalized bank sold the Croatian aluminum company to the Switzerland-based Montana Tech Components.

November 30, 2012

OMV Sells Its Marketing Subsidiary in Bosnia-Herzegovina

With this move, OMV Refining & Marketing has completed the next step in implementing the defined divestment program that contributes to reduce the weighting of the Refining and Marketing division in the overall OMV portfolio.

November 30, 2012

Orange-Takeover: One Step Closer to the Goal

Telekom Austria is allowed to take over the discount operator Yesss!. Now, only the Commission has to approve the whole deal.

November 27, 2012

Porr: Renaissance Group to Enlarge its Interest

The Turkish Renaissance Group owns a 10% interest in Porr and wants to reach a blocking minority at the Austrian construction company.

November 23, 2012

Verbund Leaves Turkey

The Austrian energy group sells its interest in Enerjisa to German E.ON. Verbund will re-focus on hydro power.

November 23, 2012

Porr: Shareholder Structure to Change

The Austrian construction company plans to increase its free float. CEO Karl-Heinz Strauss has made his compulsory offer.

November 22, 2012

Zavarovalnica Maribor Sale: Slovenia Under Pressure

The Slovenian bank NKBM has to sell its stake in the second-biggest Slovenian insurance company Zavarovalnica Maribor (ZM). The sale proves difficult.

November 21, 2012

Hutchison Austria: Takeover Approved

The EU Commission allows the Hong Kong-based telecommunication group to take over its Austrian competitor “Orange”. The Austrian Federal Competition Authority is not convinced yet.

November 21, 2012

Borealis to Acquire Dutch DEXPlastomers

The Austrian chemical group expands into the Netherlands.

November 12, 2012

Romanian Postmaster Fully Owned by Austrian Post

Austrian Post has acquired the remaining 74% shareholding in the Romanian company Postmaster s.r.l. which is the leading alternative postal services provider in Romania.

November 8, 2012

Strabag Aims to Take Over Italian Highway Operator

The Italian highway operator Milano Serravalla is going to be privatized. The Austrian construction company plans to acquire the majority.

November 7, 2012

Palfinger Takes Over Norwegian Bergen Group Dreggen

The Austrian crane manufacturer today announced that it has agreed to take over Bergen Group Dreggen AS, a Norwegian producer of marine and offshore cranes and lifting equipment.

October 30, 2012

RHI Aims to Take Over Orient Refractories

The Austrian producer of refractories plans to expand in India. The investment may have a size of € 80m.

October 29, 2012

VIG Considers Expanding Further

Vienna Insurance Group has cash reserves of € 1.5bn. Now, the insurance group wants to take over some small or medium-sized companies.

October 24, 2012

Bawag Gets New Owner

In return for a capital increase of € 200m, the U.S. investment fund Cerberus cedes a 33% stake in the Austrian bank.

October 19, 2012

Verbund Does Not Exclude Sale of Enerjisa

The Austrian energy company Verbund is said to withdraw from Turkey. However, further investments would be conceivable too, Verbund says.

October 12, 2012

Verbund Sells € 70m Asset

Austria’s biggest electricity producer is focussing on majority interests with emphasis on hydropower.

October 11, 2012

Grawe Bids for Zavarovalnica Maribor

The Austrian insurance group wants to take over the Slovenian insurer Zavarovalnica Maribor (ZM). ZM´s management prefers Slovenian bidders.

October 10, 2012

Andritz is Concerned About China

The CEO of Andritz Wolfgang Leitner thinks that there are substantial risks for the Chinese and European economy.

October 10, 2012

Hutchison Tries to Persuade EU Commission

The smallest Austrian telecommunication operator wants the EU Commission to approve the takeover of Orange.

October 8, 2012

Andritz Acquires Allied Environmental Solutions, USA

The Austrian technology Group Andritz has acquired Allied Environmental Solutions, Inc. (AES), with headquarters in Columbia, Maryland, USA.

October 8, 2012

Slovenia: Second-Largest Insurance Group to be Sold

The Austrian Uniqa Group and Grazer Wechselseitige Versicherung (Grawe) are interested in Zavarovalnica Maribor (ZM):

October 8, 2012

Erste Group to Sell Ukrainian Subsidiary

This year, the Austrian bank plans to sell its Ukrainian business segment. Erste Group entered the Ukraine in 2006.

October 8, 2012

Semperit Takes Over Malaysian Latexx Partners

The takeover leads to the next phase of global growth, the Austrian company says. Semperit has secured a 47.3% stake in Latexx Partners from its core shareholders.

October 8, 2012

Orange to Withdraw from Austria?

Insiders report that the third-largest telecommunication service supplier in Austria may leave. The merger with Hutchison is in a critical condition.

October 4, 2012

Viennese Investors to Sell UkrTelekom

The Ukrainian investor Rinat Achmetow is said to acquire UkrTelekom.

October 3, 2012

Merger Hutchison 3G-Orange: EU Still Sceptical

EU Commissioner Joaqin Almunia expresses his concerns on the merger. “The number of operators would go down to three from four in Austria.” He says.

October 2, 2012

Erste Group´s Core Shareholder Sells 14 million Shares+

Erste Stiftung, the core shareholder of Austrian Erste Group, remains the biggest shareholder, though.

October 2, 2012

M&A´s: Poland Ranks First Among CEE Countries

According to a study by Ernst & Young Poland ranks 30 among 148 countries.

October 1, 2012

Raiffeisen: CEE Network to be Closed

Austrian RBI (Raiffeisen Bank International) announces that the expansion in Central and Eastern Europe will be concluded soon.

October 1, 2012

Sale of Kommunalkredit: First Offers Expected

The nationalized Austrian bank should be sold until June 2013. Next week, the first non-binding offers are expected.

September 29, 2012

Telekom Austria: Acquisition of „Yesss!“ Uncertain

In an interview with „börseexpress“, Telekom Austria´s CFO Hans Tschuden explains that the takeover of Orange´s discount brand “Yesss!” must be re-considered.

September 27, 2012

bwin.party to Be Taken Over?

The London and Vienna-listed gambling group is said to be an acquisition target.

September 26, 2012