Vienna International Media Industry News

Read the latest headlines about developments in the international media industry in Vienna and Austria

GPA: Private Employees Receive 2.2% Salary Increase.

Bigger salaries in trade, crafts and consulting: the negotiators consider this to be a "reasonable result".

November 17, 2010

Post AG Announces Results for Q1-Q3 2010

The Austrian Post experienced a very stable period. Sales declined slightly, EBIT and cashflows increase moderately.

November 17, 2010

S&T Denies Bankruptcy Petition

The Vienna Stock Exchange listed IT company provides S&T is facing widespread allegations. It has been rumored that the company is faced with a bankruptcy petition.

November 12, 2010

Mobile Telephony: Growth and Continous Upward Trend

The use of mobile phones and telecommunications industry services continues to increase strongly in Austria.

November 12, 2010

Telekom Srbija: Sale is Resisted

The partially for sale Telekom Srbija which Telekom Austria is said to be interested in, raises passions in Serbia. Opposition to the sale is taking shape.

November 11, 2010

Results of Telekom Austria Group for the First Nine Months

Group revenues declined by 3.9% to € 3,480.1m, operating income increased dramatically.

November 10, 2010

Telekom Austria: Good Results Expected for 2010

The CEO of Telekom Austria, Hannes Ametsreiter sees the current financial year as "stable and good".

October 22, 2010

Serbian Telekom: Entry of Telekom Austria?

The Serbian government expects to reach a price of 1.4 billion euro for its 51% share of Telekom. Participation of Telekom Austria is expected.

October 19, 2010

Austrian Post Cooperates with Swiss Post

The two companies plan a joint venture to bundle international activities in the field of addressed advertising mail.

October 15, 2010

Post and Bawag Join Branches

BAWAG PSK and the Post have agreed to work together more closely. BAWAG branches and larger post offices will offer in future both postal and banking services.

October 13, 2010

Online Sports Betting: Competition from William Hill

Local providers of online sports betting get a new competitor. William Hill, Britain's largest betting shop operator (about 2,300 stores) has launched its own Internet offering for Austria.

October 13, 2010

Coface CEE Top 500 - Poland Largest Number of Companies in CEE

Poland has the largest number of companies in the Central and Eastern Europe Top 500 with 28.4%. Hungary ranks second with 16.6%, overtaking the Czech Republic, which is home for 13.8% of the CEE Top 500.

October 12, 2010

Telekom Austria: Interest in the Serbian Telekom Srbija

Following the acquisition of Velcom in Belarus, Telekom Austria (TA) is showing interest in other telcos in the Balkans. Currently, ihe favorite target is Telekom Srbija.

October 6, 2010

Emporia Telecom intends to enter new markets

The innovative Linz based company Emporia Telecom, a global leader in mobile phones designed for the older generation, is growing and wants to conquer new markets.

October 1, 2010

Vienna now has its own Expat Center

In Vienna, the first Expat Center in Austria was opened. The project was handled by the Vienna Business Agency (former WWFF).

September 30, 2010

Insolvencies: Declining Trend for Both Companies and Individuals

KSV expects 10% less insolvencies for 2010, but warns about the consequences of fiscal budget adjustment.

September 28, 2010

webfreeTV - Revocation of Listing at the Vienna Stock Exchange

webfreeTV.com, the multimedia service provider from Burgenland is being excluded from the Vienna Stock Exchange as of October 31 because of repeated violation of disclosure requirements.

September 21, 2010

Austria's Management and Supervisory Boards’ Salaries on the Test Bench

The partly state-run OMV had the most expensive board of all Austrian corporations in 2009. In total, the oil company spent 10.2 million euro on its bosses, 23.4% more than the previous year.

September 20, 2010

ÖIAG: ÖVP vs. SPÖ

Schieder and Rudas demand dissolution of the state holding ÖIAG, Finance Minister Pröll, on the other hand, wants to “strengthen” it.

September 17, 2010

Telekom Austria Buys Two Bulgarian Cable Operators

Telekom Austria buys two cable operators in Bulgaria: Megalan Network and Spectrum Net. The two companies are worth 83 million euro free of debt; Telekom will pay about 72 million through Mobiltel.

September 15, 2010

Telekom Austria: JPMorgan raised price target

Analysts at JPMorgan have revised their price target.

August 26, 2010

Telekom Austria - Works council suspended due to a consultation fee

Telekom Austria works council member Franz Kusin was suspended by the company due to an alleged consulting fee of €30,000.

August 23, 2010

Telekom Austria Group: results for the first half 2010 and the second quarter 2010

Several negative external effects and the impact of weak economies shape the market environment for Telekom Austria Group. These effects include the unabated fixed-to-mobile substitution and the continued price pressure in major markets.

August 18, 2010

JoWooD Entertainment AG postpones publication of results for Q2 2010

The current state of the consolidation indicates that the group incurred a substantial loss during the first half of 2010 and the management is currently unable to provide reliable information regarding the extent of such losses.

August 18, 2010

Telekom Austria's verifies sale to Russian MTS

Telekom Austria (TA) checks on behalf of the Finance Ministry its own sale to the Russian telecom company MTS.

July 20, 2010

S&T System Integration & Technology Distribution AG - Change to the Management Board

CEO Christian Rosner steps down, company founder Thomas Streimelweger takes over as Chairman of the Management.

June 29, 2010

Internet services industry produces about €6b

The Internet industry employs 33,000 people in Austria. Value creation is estimated at €2.8b.

June 17, 2010

123people wins Venture Capital & Private Equity Award 2010

Jury commends startup success story, "Made in Austria"

June 8, 2010

Telekom Austria approves dividend of 75 cents

Austria's telecommunications service provider Telekom Austria decided at its regular meeting today, a dividend of 0.75 euros for 2009.

May 28, 2010

Telekom Austria AG - Results for the First Quarter 2010

Revenues decline by 5.9% to EUR 1,126.0 million primarily driven by lower revenues in domestic operations and Bulgaria.

May 27, 2010

Telekom and Mobilkom’s staff representatives prefer a fusion - „Together we’re strong”

To allow for a better representation of employees staff representatives of Mobilkom and Telekom agreed to form a demonstrative collusion.

May 19, 2010