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Vienna International Financial Services Industry News

Massive Decrease in Turnover at Vienna Stock Exchange

In June, turnover fell by 50%. This is the lowest turnover since 2003. RCB recorded the second-highest turnover figure behind Deutsche Bank.

July 7, 2012

Vienna Stock Exchange: New Trading System for Gas Exchange

Trayport ETS: New trading system on CEGH Gas Exchange of the Vienna Stock Exchange.

July 6, 2012

C-Quadrat to Acquire UK Fund Management Company

The Austrian Investment Fund intends to take over the British BCM Group, which manages assets of € 800m.

July 2, 2012

Boom in New Listings at Prague Stock Exchange

The CEESEG member Prague Stock Exchange is pleased about new listings despite the current economic crisis.

July 2, 2012

CEESEG: Harsh Environment Depresses Earnings for 2011

CEE Stock Exchange Group reports a massive cut in earnings, which is mainly due to impairment losses of Budapest Stock Exchange.

June 15, 2012

VSE Records Profit Decrease

Vienna Stock Exchange announces results for 2011 and changes to supervisory board.

June 14, 2012

New Equities at Budapest Stock Exchange

The 23 largest and most liquid European equities from 6 countries and 15 various industries will be available in forints via Hungarian exchange members.

June 13, 2012

CEESEG/Ljubljana Stock Exchange: Squeeze-out Proceedings Closed

The CEESEG AG (CEE Stock Exchange Group) would like to announce the successful close of the squeeze-out proceedings concerning the Ljubljana Stock Exchange.

June 5, 2012

Rising Bond Issue at VSE

Booming corporate bonds on the Vienna Stock Exchange: the total volume came at € 1.0bn in 2012.

June 1, 2012

Positive Result at Austrian Pension Funds

Assets under management rose by 5.6% in the first quarter of 2012. The yield was beyond the long-term average of 2.8%.

May 31, 2012

Zsolt Katona is the new CEO of BSE

The Board of Directors of the Budapest Stock Exchange appointed Zsolt Katona to be the new Chief Executive Officer from 15 May 2012.

May 11, 2012

Reduced Net Income at C-Quadrat

“Satisfactory result despite continuing uncertain market environment”. The Austrian investment fund C-Quadrat´s operating income reached € 10.9m.

May 7, 2012

Budapest Stock Exchange´s CEO Resigns

György Mohai ceases his position as chief executive officer of BSE (Budapest Stock Exchange), a member of CEESEG.

May 2, 2012

Strong Growth at UniCredit Leasing Austria

Volume of new business rises by 23.6 per cent to about € 943m. In 2011, UniCredit Leasing Austria expanded its market lead in Austria to a market share of 14.9 per cent

April 12, 2012

Massive Cut in Stock Turnover

In March, the Vienna Stock Exchange recorded a dramatic decrease in stock turnover. The first three months of 2012 brought a decline in sales by 40%.

April 3, 2012

Strong Growth of Austrian Leasing Market

Last year, Austrian leasing business recorded a 10.3% market growth. 183,111 new contracts were concluded.

March 31, 2012

UK Investor Plans Sale of Iglo

The British company should get new owners soon. The consequences for the Austrian subsidiary are unknown yet.

March 27, 2012

Vienna Stock Exchange Calls for New Listings

Birgit Kuras, the new member of VSE´s management board aims to enhance the stock exchange´s importance and pushes for further privatizations.

March 27, 2012

Bank Austria Plays Down Hungary Risks

The head of UniCredit unit Bank Austria's central and eastern Europe business played down potential risks from Hungary in a magazine interview published on Friday.

March 19, 2012

CEE Exchange “Open to Merger of Equal”

The CEE Stock Exchange Group, which includes bourses in Vienna, Budapest, Prague and Ljubljana, said it’s open to holding “merger of equals” talks with the Warsaw Stock Exchange (GPW), its biggest rival.

March 13, 2012

Stagnation at Vienna Stock Exchange

At the moment, the Viennese Stock Exchange (VSE) has no new IPO´s to announce. The atmosphere in Vienna would be not investment-oriented enough, market observers say.

March 13, 2012 · Updated: March 13, 2012; 19:11

Taxation of Pension Funds: One-Time Effect of € 900m

In order to restructure the financially stricken VBAG, the Austrian government anticipates taxes on pension funds. As a result, € 75m will lack in future.

March 6, 2012

Drastic Decrease in Stock Market Turnover

In February, stock market turnover was down by 28% at Vienna Stock Exchange. In January, trade decreased by 35% compared to January 2011.

March 2, 2012

Immofinanz to Become a „Property Machine“

CEO Eduard Zehetner wants Immofinanz to become a full developer, operator and seller of top-real estate objects. The company should be transformed to a “property machine.”

February 25, 2012

Company Pension Schemes Show Negative Performance

In 2011, Austrian company pension funds showed losses of 3.3%.

February 20, 2012

Prague Stock Exchange and CCP.A to Cooperate

Prague Stock Exchange (PSE) and Austrian clearing house Central Counterparty Austria (CCP.A) signed a Memorandum of Understanding on the cooperation in cash markets.

February 20, 2012

Vienna Stock Exchange Cooperates With Eurex

With Eurex derivatives exchange, Vienna Stock Exchange wins a new customer.

February 16, 2012

No Further Rise in Insolvencies Expected

The bad debt insurers Euler Hermes and Prisma expect business insolvencies to stagnate in 2012.

February 2, 2012

Rise in New Bonds Listings at CEESEG

Boom in new bond listings still going strong, CEE Stock Exchange Group says.

February 1, 2012

Takeover of Ljubljana Stock Exchange Completed

The Austrian CEE Stock Exchange Group widens its stake in the Slovenian Ljubljana Stock Exchange to 99.85 %.

January 21, 2012

New Management at Vienna Stock Exchange

Birgit Kuras is the new Member of the Management Board of Wiener Börse AG.

January 18, 2012

Substantial Decrease in Stock Market Turnover

The Vienna Stock Exchange recorded a decline in stock market turnover by 18% in 2011. This is also due to new taxes.

January 2, 2012

Tyrol Equity Takes Over German RSN Sihn

The Austrian investment company acquired 50.1% in the German automotive supplier company RSN Sihn.

January 2, 2012

AutoBank Achieves Further Growth

The Austrian specialist bank increased new business volume to € 59.6m. The operating result more than doubled and amounted to € 817,000.

November 18, 2011

Good Outlook for Raiffeisen Investment

The Austrian merger advisor Raiffeisen Investment AG posts deal volume of € 3.5bn for the first three quarters 2011. Further projects are negotiated.

November 8, 2011

C-Quadrat Announces Lower Net Profits

Net profits of the Austrian investment fund company for the period amounts to € 2.5m after 9.3m in 2010. Management fees were up by 35%.

November 7, 2011

Erste Bank Hungary Opens Home Savings Bank

According to Imre Szatno. the deputy head of retail division of Erste Bank in Hungary, quoted by Budapest Business Journal, the Erste Group has launched its own home saving bank.

October 17, 2011

C-Quadrat Plans to Close Its Fundbrokerage Business

The Austrian fund company will focus exclusively on its asset management core business segment.

September 24, 2011

New Index at Vienna Stock Exchange

Vienna Stock Exchange launches Top Dividend Indices for the ATX, CECE and CEESEG Traded Index today.

September 20, 2011

C-Quadrat Receives Management Mandates with a Volume of € 300m

The Austrian fund company will assume the mandates from Germany’s third-largest insurance group in the fourth quarter.

September 8, 2011

New Structure and Management for Raiffeisen Leasing

The Austrian banking group is reorganizing its leasing business. Three new subsidiaries will deal with business in Austria, large customers and in-house projects.

August 26, 2011

Massive Decline in Profits for C-Quadrat

The Austrian fund company recorded a drop in performance fees in the first six months of the year. Net profit fell from € 8.5m to € 2.0m.

August 16, 2011

Austrians Still Prefer Building Society Savings

Erste Group’s s Bausparkasse benefits from the continuing trend. The amount of new lending increased by almost 25% year-on-year.

July 27, 2011

Strong Growth for Car Leasing Companies

Booming car sales are boosting the leasing business in Austria. All major leasing banks recorded growth in the first half of 2011. The trend is expected to continue.

July 25, 2011

UniCredit Leasing Still Number 1 in Austria's Leasing Market

With an increase of 43 per cent in the new business volume to €763m and a market share of 13.3 per cent, UniCredit is the clear market leader in Austria in 2010 again

May 10, 2011

Profit Decline for C-Quadrat

Strong increase in management fees from € 7.6 m to € 11.5 m (+52 %). Net profit amounts to € 1.0 m.

May 9, 2011

Funds are Considered as a Suitable Old-Age Provision for many Austrians

The majority of Austrian fund owners rate investment funds as a suitable old-age provision, according to the result of a recent population-representative study of AXA Investment Managers.

May 4, 2011

Erste Group Launches Rising Markets Indices

Erste Group launches Rising Markets Indices for bonds and equities focusing on high-opportunity countries. Country selection based on criteria such as GDP growth, population growth, anti-corruption measures and standard of living.

May 3, 2011

RCM - Raiffeisen Capital Management Company grew in 2010

Despite the international debt crisis and the repeated fears of a recession, money flowed back into the investment company last year.

April 23, 2011

Austria's Small Caps with Above Average Performance

In the EU comparison, as well as to Large Caps, Austria’s Small Caps record large gains.

April 14, 2011
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