Vienna International Community - Other Top Players - Latest Headlines

Read updated news about other key people in Vienna's international community

Strikes at Post Possible

For the trade union, the staff policy of Austrian Post´s management is “not acceptable”. A deadline for CEO Pölzl is fixed by the trade union.

October 25, 2011

Ingrid Krenn-Ditz Becomes the New Head of RBI’s PR Department

According to Raiffeisen Bank International AG’s, in November 2011 Ingrid Krenn-Ditz will take over the management of the Public Relations department.

October 24, 2011

WIFO Claims Property Tax

Karl Aiginger, CEO of the Austrian Institute of Economic Research calls for a significant increase in taxation of real estate and fuel.

October 24, 2011

Schaller New CEO of RLB Upper Austria

Heinrich Schaller will succeed Ludwig Scharinger as CEO of the regional Raiffeisenlandesbank. Scharinger retires, but becomes consultant for RLB.

October 24, 2011

New Co-Investor for Pecik

Ronny Pecik, who is said to have acquired a substantial stake in Telekom Austria, now has a new partner. The Egyptian Sawiris faces liquidity problems.

October 24, 2011

Victory AG Sold to China

The Austrian investor Ronny Pecik, who recently acquired a minor stake in Telekom Austria, sold his investment company to China. Raiffeisen and Hypo Group still have uncovered loans.

October 22, 2011

SBO Expects „Extreme Growth“

In the long run, Gerald Grohmann, CEO of the Austrian oilfield equipment manufacturer Schoeller-Bleckmann, sees an excellent development.

October 22, 2011

More Dividends For Agrana´s Shareholders

The Austrian fruit and starch company Agrana announces a dividend increase for the business year 2011/12.

October 22, 2011

A-Tec: Kovats to be Replaced

Mirko Kovats, CEO of the Austrian A-Tec, will be replaced from his positions in order to avoid further “disturbances”.

October 22, 2011

Warimpex Hopes for Strong Year

The Austrian real estate company holds out the prospect of a dividend payment. EBIT is expected to increase by 20% this year.

October 21, 2011

Pecik to Resell Stake in Telekom Austria?

The Austrian investor is reportedly planning to buy further shares and to sell the package to Russian Vimpelcom in several years.

October 21, 2011

Vienna International Airport to Cut Costs

Several savings measures should increase next year’s result by € 25m. The Skylink extension will be opened in June 2012.

October 20, 2011

GM Makes Major Investment in Austria

The U.S. corporation invests € 50m in its Viennese powertrain factory.

October 19, 2011

Austrian Budget: 3.2% Deficit in 2012

Today, the Austrian Minister of Finance, Maria Fekter, presented the budget for 2012. The debt quota rises further until 2015.

October 19, 2011

FMA Investigates Against Treichl

The Austrian Financial Market Authority has severe suspicions against Erste Group´s CEO Andreas Treichl.

October 18, 2011

€ 4.0bn Capital Requirement for Austrian Banks

After the industrialist Hannes Androsch, also the Vice-President of the Austrian Central Bank (OeNB), Wolfgang Duchatczek, sees a need to support domestic banks.

October 17, 2011

Pecik Acquires Minor Stake in Telekom Austria

The Austrian investor now enters the Vienna-listed Telekom Austria Group. For the time being, Pecik holds a 5.4% stake.

October 17, 2011

Austrian Metal Industry: Strike Threatens

After a warning strike on Friday, representatives of the metal industry and the trade union still reached no agreement. Now, a full strike threatens.

October 15, 2011

Do Austrian Banks Need More Capital?

Recently, the prominent Austrian industrialist Hannes Androsch expressed his concerns about the equity situation of Austrian banks. Androsch sees many challenges for the domestic bank sector.

October 15, 2011

Financial Syndicate for Nabucco Arising

The Austrian OeKB intends to conduct a financial consortium for the gas pipeline project Nabucco.

October 15, 2011

Lufthansa Holds On Austrian Airlines

The German Airline will keep its Austrian subsidiary despite of persisting losses.

October 15, 2011

Debt Crisis Reaches Steel Industry

The CEO of Austrian voestalpine expects stagnation in European steel production volumes. Declining commodity prices might reduce margin pressure.

October 12, 2011

OMV Promotes Nabucco Project Abroad

The Austrian oil corporation OMV pushes the gas pipeline project Nabucco in Turkey, Azerbaijan and Turkmenistan.

October 11, 2011

„Austrian Banks Are Robust“

Ewald Nowotny, the head of the Austrian Central Bank (OeNB) as well as the Minister of Finance, Maria Fekter, appreciate the announcement of Erste Group.

October 11, 2011

Trainees in Vienna „Not Satisfied“

A study of the Viennese chamber of labor published, that a large number of trainees is not satisfied with their apprenticeships.

October 8, 2011

Vienna International Airport: “Avoid Errors of the Past“

The new board member Julian Jäger and Günther Ofner promise a “maximum of transparency”. Both want to avoid negative incidents from the past.

October 8, 2011

Austrian Government: Sharp Critics from Industrialists

The Federation of Austrian Industries (IV) attacks the government massively. For the industrialists, the new taxation plans are not acceptable.

October 8, 2011

State Visit: "Huge Potential for Austrian Companies in India"

The Indian President Shrimati Patil absolved a state visit in Austria and met the Austrian President Heinz Fischer and the head of the Austrian Economic Chamber, Christoph Leitl.

October 8, 2011

New Board Member for Slovak Subsidiary of VIG

Erik Nikmon was appointed to the Managing Board of Kooperativa. He will take up his position on 1 November.

October 6, 2011

New Managing Director for S&T Austria

The Austrian IT service provider successfully concludes its restructuring phase and appoints Richard Neuwirth as Managing Director.

October 6, 2011

Personnel Changes in the Managing Board of Czech VIG Subsidiary

The Austrian Vienna Insurance Group reshuffles the board of the Czech Kooperativa.

October 5, 2011

Andritz: Strong Rise in Sales Expected

At the Andritz Capital Market Days 2011, CEO Wolfgang Leitner today specified the sales and earnings targets of the Austrian technology group for 2011 and 2012.

October 5, 2011

BMW Austria Fears Lack in Skilled Labor

The German automobile corporation´s factory in Steyr, Austria, already produces 5000 engines per day. 200 new workers were hired this year.

October 4, 2011

Androsch „Another Three to Four Billions for Hypo Group“

The former Minister of Finance, Hannes Androsch fears a loss of Austria´s AAA-rating. “We are being observed accurately.”

October 4, 2011

Kovats Blames Creditors and Penta

Mirko Kovats, CEO of the A-Tec group, makes the Czech investment group Penta and the banks responsible for the failed restructuring plan

October 4, 2011

Mitterlehner: „Settlement of Headquarters Key Question for Austria“

The Austrian Minister of Economics, Reinhold Mitterlehner, wants to push the development of the domestic location through improving framework requirements steadily.

October 4, 2011

Atrium Appoints New CFO

The Vienna-listed Atrium European Real Estate Limited, a real estate company focused on shopping centres in Central and Eastern Europe, announces the appointment of David Doyle as CFO, with effect from 1 January 2012.

October 4, 2011

Hostile Takover of Telekom Austria?

According to market rumors, Telekom Austria prepares measures against a potential takeover. Currently, the corporation faces several troubles.

October 3, 2011

A-Tec: Investors Call Kovats to Resign

The founder and CEO of the Austrian technology group A-Tec Mirko Kovats comes under fire. Wilhelm Rasinger from the Austrian investor´s representation asks Kovats and the liquidator Matthias Schmidt to step down.

October 3, 2011

Erste Group´s CEO: „The Situation is Serious“

Andreas Treichl, CEO of the Austrian Erste Group considers to delay the repayment of the Bank Aid.

October 1, 2011

A-Tec to be Dissolved

The Austrian technology company, which should have been sold as a whole, could not find a buyer. The remaining assets will now be offered separately.

October 1, 2011

Sergey Monin Appointed as CEO of Raiffeisenbank in Russia

He succeeds Pavel Gurin who passed away at the start of September. The appointment is subject to approval of the Russian Central Bank.

September 30, 2011

New Chief Financial Officer for Immofinanz

Birgit Noggler was appointed to the Executive Board of the Austrian real estate company. She will take up the post on 1 October.

September 30, 2011

A-Tec: Kovats Cancels Sale to Contor

The Austrian conglomerate needs another € 90m in order to fulfill the restructuring plan. A new general meeting will be held.

September 28, 2011

Intercell Looking for Private Equity Shareholder

According to Bloomberg, the Austrian pharmaceutical company negotiates with potential investors in order to strengthen the equity base.

September 27, 2011

Lenzing Confirms Weninger as CEO

The Austrian fiber manufacturer Lenzing Extends Management Board Mandate of Friedrich Weninger.

September 27, 2011

Rise in Turnover for Verkehrsbüro

The Austrian travel agency group records a rise in turnover up to € 850m.

September 26, 2011

New Subsidiary for Rabmer Bau in Poland

The Austrian construction group, which is spezialized in renovating canal systems, established a new company in Poland.

September 26, 2011

AUA Supervisory Board Appoints Jaan Albrecht as New CEO

The Executive Board team of the Austrian carrier was increased to three members. Jaan Albrecht takes over the position of Chief Executive Officer (CEO).

September 22, 2011

New Board Member at ÖBB-Infrastruktur AG

Siegfried Stumpf succeeds Herwig Wiltberger, who retires from the Board on health reasons at the end of November.

September 22, 2011