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

Verbund: Speculations about Increase in Sorgenia Stake

The Austrian electricity company might sell its shares in Poweo and instead acquire its joint venture partner’s stake in Sorgenia.

July 1, 2011

A-Tec Received Binding Offers from Investors

Investors will need at least € 210m in order to fulfill the payout plan. Up to five potential buyers were still interested in an acquisition.

July 1, 2011

RBI: Acquisition of Polbank Stake Advancing

The Austrian bank has received anti-trust approval of the deal. Closing and operational merger are expected in Q4/2011 or Q1/2012.

June 30, 2011

Wienerberger Received Green Light for Tondach Acquisition

The Austrian brick producer will transfer 50% of the shares in Bramac to Monier Group and, in exchange, receive a further 25% stake in Tondach Gleinstätten plus an additional payment.

June 30, 2011

voestalpine May Revive Plans for New Factory

The Austrian steel company may revive plans next year to build a plant abroad as rising demand boosts prices.

June 29, 2011

Teak Holz to Raise Capital for Expansion

The Upper Austrian timber company announced a capital increase by € 15.6m. The funds will be used to boost growth.

June 28, 2011

Volksbanken Group to Sell Stake in RZB

Österreichische Volksbanken-AG Group (VBAG) will sell its shares in Raiffeisen Zentralbank for almost € 500m. The redemption of state capital and the sale of VBI have been delayed.

June 28, 2011

voestalpine Acquires Dutch Company’s Research Department

The Austrian steel company expands its portfolio in railway systems technology with the acquisition of Baas R&D. The transaction is expected to boost expertise in diagnostic systems for rail transport.

June 27, 2011

Five Investors Still Interested in A-Tec

A-Tec boss Mirko Kovats has to find a buyer for his insolvent group by June 30. Investors will need at least € 225m in order to fulfill the payout plan.

June 24, 2011

RHI Confirms Outlook and Rules Out Capital Increase

The Austrian manufacturer of refractory materials expects a moderate increase in revenues. A capital increase is not planned in the near future.

June 22, 2011

conwert Interested in Billion-Euro Deal with LBBW

The Austrian real estate company is looking for partners to purchase the residential property portfolio of the German bank. Industry experts see a realistic chance for an acquisition.

June 20, 2011

Bilfinger Berger to Acquire Subsidiary of AE&E

The Czech subsidiary of the insolvent plant manufacturer will become part of the German construction group Bilfinger Berger.

June 20, 2011

Austrian Companies Interested in Greek Lottery

As Greece is forced to put its assets on sale, Austrian gaming companies see chances for an acquisition of the country’s national lotteries.

June 17, 2011

Immofinanz Acquires Romanian Property Developer

The Austrian real estate company buys the remaining stake for € 42.43m in order to become sole shareholder of Bucharest-based Adama.

June 16, 2011

Telekom Austria Refrains from an Acquisition of Telekom Srbija

For the time being, the Austrian telecommunications group has no intention to pursue a deal with the Serbian government after negotiations had failed in May.

June 16, 2011

austriamicrosystems Acquires US-based Company

The Styrian microelectronics and semiconductor manufacturer is going to buy 100% of the shares in an American light sensor supplier for $ 320m (€ 220m).

June 16, 2011

Hungary Considering Buyback of ÖBB’s Rail Cargo Hungaria

The Hungarian state is interested in acquiring a stake in the Austrian Federal Railways’ cargo subsidiary which it privatized in 2008.

June 14, 2011

Immofinanz Acquires Office Property in Warsaw

The Austrian real estate company already held 51% of the property and is now becoming the sole shareholder. The transaction includes the sale of another object to a project partner.

June 10, 2011

JCL Logistics Acquires Competitor in the Netherlands

The Styrian logistics provider will become market leader in the Benelux countries. The company is active in 25 countries already.

June 9, 2011

Telekom Austria Acquires B.net Hrvatska

The telecommunications group purchases Croatia’s largest cable operator from Bewag, an Austrian regional electricity supplier.

June 8, 2011

Immofinanz Considering Listing in Warsaw

The Austrian real estate group would be interested in a listing if red tape were reduced. It is currently looking for acquisition opportunities in Poland and Russia.

June 7, 2011

Swarovski to Invest in US Jewelry Retailer

The Tyrolean optics and crystal group is attracted by a global distribution network of 2,000 stores. The two companies already have a strategic partnership.

June 7, 2011

Telekom Austria Bidding for Kosovo Telecom

The Austrian telecommunications group and a Croatian competitor have been shortlisted in the privatization process of Kosovo’s most profitable company.

June 7, 2011

Swedish Investor Buys Insolvent JoWood

The Austrian computer game producer will resume business after its acquisition. A payout plan ratio for the creditors has not yet been determined.

June 6, 2011

Raiffeisen Not Interested in Hypo

The Austrian bank group is currently expanding in Poland but it is not going to bid for Hypo Alpe Adria as an acquisition “would not make sense”.

June 6, 2011

New Chance for Verbund in Turkey

The Austrian electricity company might win a contract for the power supply in three Turkish provinces after a competitor has withdrawn its bid.

June 6, 2011

Agrana Interested in Hellenic Sugar

The Austrian sugar and starch company is said to be interested in an acquisition of the Greek company which incurred a loss of € 27.1m in the last year.

May 31, 2011

Immofinanz Sells Office and Retail Property in Vienna

The Austrian real estate group sold a property located at Simmeringer Hauptstraße in Vienna to HIH Global Invest GmbH for € 29.2m.

May 30, 2011

Sberbank Targeting RBI

The Russian bank intends to expand its business to Kazakhstan and the Baltic countries. Both companies denied speculations about a potential capital injection.

May 30, 2011

Renaissance for Carinthian Lithium

A currently closed lithium mine in Carinthia will be reopened by an Australian company after its acquisition for a price of € 9.25m. It is the largest deposit in Europe.

May 30, 2011

Wienerberger Acquires EuroCeramic

A subsidiary of the Austrian brick producer plans the takeover of Dutch-German EuroCeramic, a supplier of ceramic pipe systems.

May 25, 2011

France Telecom Evaluating Its Activities in Austria

The future of Orange Austria could be decided before October. The cooperation in networks might have been the first step towards a merger with T-Mobile Austria.

May 25, 2011

Strabag Takes Majority Stake in Project Companies for Offshore Wind Power Plants

The Austrian construction company acquires a 51% interest in a project portfolio with possible 850 locations in the German North Sea.

May 23, 2011

EPIC Completes the Acquisition of UkrTelekom

The Austrian financial investor purchases 92.79% of the Ukrainian telecommunications company for € 921m.

May 16, 2011

Habau Takes Over Dutch Construction Company

The Austrian construction company takes over the globally active pipeline specialist Nacap and increases sales by € 600m to € 1.4bn.

May 13, 2011

RHI: Expansion of European Raw Material Supply through Acquisition

RHI signed a contract to acquire SMA Mineral Magnesia AS (SMA), Norway.

May 12, 2011

Immofinanz Closes Acquisition in Moscow

The Austrian real estate group takes over 100% of the GoodZone.

May 11, 2011

Raiffeisen International Bank Intends to Get Further Involved in Poland

After the purchase of the Polbank in February, the Austrian RBI seems to be interested now in the Polish DZ Bank. Its chances are however considered to be low.

May 10, 2011

Telekom Austria: Serbian Deal Failed

The new offer by Telekom Austria is rejected in Serbia: the sale has failed.

May 7, 2011

New Bid for Telekom Srbija

The Telekom Austria Group Submits a Revised Conditional Bid of up to € 1.1 Bn for the Acquisition of a 51% Stake in Telekom Srbija

May 4, 2011

Serbian News: "Stake in Telekom Srbija already Sold to Telekom Austria"

Although there is still no official announcement from the government on the sale of Telekom Srbija, there is speculation the company has already been sold, Serbian B92 reports.

May 2, 2011

Christof Holding AG Takes over BEA Electrics from bluO

With the acquisition of 100 % of Vienna-based BEA Electrics, the Styrian Christof Holding AG, which is wholly owned by the Christof family, continues its expansion.

April 27, 2011

Telekom Srbija: Rising Prospects for Telekom Austria

Telekom Austria might still succeed in Serbia with an alternative solution. The mobile subsidiary would have to be handed over.

April 22, 2011

Strabag Expands its Activities in Hydraulic Engineering Sector

The Austrian construction company acquires 100 % of the German civil hydraulic engineering firm Ludwig Voss, Cuxhaven.

April 14, 2011

Telekom Austria Receives an Extension

Telekom Austria has been granted an extension of the deadline for submitting a revised offer for 51% of Telekom Srbija.

April 13, 2011

Erste Bank takes over Intermarket Bank

With the acquisition of the Polish subsidiary of Commerzbank, Erste plans to significantly expand its corporate business and invests in factoring.

April 11, 2011

Speculations on Improvement of Bid of Telekom Austria in Serbia

Telekom Austria (TA) has time until 12 April to increase the bid for a majority stake in Telekom Srbija. TA does not seem to be totally uninterested.

April 8, 2011

Serbia: Intense Resistance to Possible Sale to Telekom Austria

Tempers run high In the sale process of selling the majority government owned Telekom Srbija. The union puts pressure on the Serbian government.

April 6, 2011

Saubermacher: Further Expansion in the SEE Region

The Austrian waste recycler takes over a Croatian supplier and takes further expansion steps.

April 6, 2011

Wienerberger Acquires French Plastic Pipe Business from Alphacan

Alphacan France is a specialist for the development, production and maketing of PVC pipe systems.

April 5, 2011