Vienna International Financial Services Industry News

Read the latest headlines about the Viennese and Austrian financial services industry

Sale of Innovest is imminent

Beside Raiffeisen there are two other interested parties.

July 5, 2010

Cross Industries AG - Changes in Management Board and Supervisory Board

Mr. Rudolf Knünz resigns from the management board, Mr. Friedrich Roithner will take over the function of CFO.

July 5, 2010

Unternehmens Invest AG - Voting rights of Knünz GmbH

KP Invest Beteiligungs GmbH announces that Pierer GmbH and Knünz Gmbh each have transferred UIAG shares to KP Invest Beteiligungs GmbH through a transfer of assets and contribution, bringing the participation in voting rights and in share capital to 50.1%

June 29, 2010

Pierer and Knünz to introduce shares in equity firm

KP Invest is majority shareholder in Cross Industries and UIAG

June 28, 2010

Is Telekom Austria more expensive than the industry average?

Given the current revenue ­ multiples, the Austrian government would have to pay almost 2 billion euros for the network of TA, which is about half the company's current market capitalization.

June 22, 2010

Power International Limited continues legal battle with Meinl Bank

The former company Meinl Power International Limited PI (PI) seeks to pursue its litigation with Meinl Bank.

June 22, 2010

Power International Limited - AGM approves all resolutions

All proposed resolutions on the agenda of the Annual General Meeting (AGM) of PI Power International Limited (PI) held today, Tuesday, in Vienna, were approved by a majority of about 99%.

June 22, 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

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

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

Schieder wants ban on short selling

The Financial Secretary sees Germany as role model.

June 4, 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

AGM of C-QUADRAT Investment AG

C-QUADRAT Investment AG achieved a significant year-on-year increase in its consolidated net profit for the year and looks back on a successful financial year 2009.

May 27, 2010

Manfred Url succeeds Erich Rainbacher as CEO of Raiffeisen Bausparkasse

Manfred Url succeeds Erich Rainbacher as CEO of Raiffeisen Bausparkasse, Johannes Schuster joins the board of RZB.

May 21, 2010

Three Austrian firms amongst the top hundred Red Herring finalists

Three Austrian firms are amongst the top finalists fort his year’s „Red Herring Europe award“: Flimmit, Mobilizy and Nabriva Therapeutics Inc.

May 19, 2010