Sponsored Content
Austrian Securities Market and Stock Exchange News and Analysis
Read the latest headlines and breaking news about the Vienna International Stock Exchange and the Austrian securities market (bonds, stocks)
OMV´s Petrom: Investments Totaled € 7.7bn Since 2004
Petrom, the Romanian subsidiary of Austrian OMV finalized the upgrade of the crude vacuum distillation unit in Petrobrazi refinery. Investments of approximately € 100m will be made.
June 27, 2012
Stable Corporate Lending at RBI
Raiffeisen Bank International : „No bottleneck supplying the domestic economy with liquidity.“
June 27, 2012
Credit Crunch in CESEE?
Anglo-Saxon banks and funds are most aggressive in deleveraging; Austrian bank are not relying on funding from countries in hotspots of deleveraging.
June 27, 2012
Survival of the Euro Questionable
Regarding the future of the common currency, the Austrian economist Fritz Breuss is highly skeptical.
June 26, 2012
CESEE: „Nothing Has Changed“
Walter Rothensteiner, CEO of Austrian Raiffeisen Zentralbank, is convinced of the success of the expansion into the CESEE region.
June 26, 2012
Zumtobel: Weaker Results Ahead
The Austrian lighting company will present ist fourth quarter results of 2011/12 tomorrow. Zumtobel´s net income is anticipated to decrease substantially.
June 26, 2012
Uniqa Initiates Cash Capital Increase
The Austrian insurance company improves its equity base via a Re-IPO. The size of cash capital increase reaches € 500m.
June 26, 2012
Telekom Austria: Pecik Achieved Sale Proceeds of € 882m
The Austrian investor sold his 21.0% share in Telekom Austria to Carlos Slim. The share price was € 9.50.
June 25, 2012
„The end of the Euro would mean Europe´s Explosion“
Ewald Nowotny, governor of the Austrian Central Bank (OeNB) reaffirms that Europe needs the Euro.
June 25, 2012
Treichl: „Europe Does Not Need the Euro“
Andreas Treichl, CEO of Austrian Erste Group thinks that the European Union would work very well without the common currency. A common army would be more important.
June 25, 2012
U.S. Hedge Funds Hinders Andritz
The Austrian technology group Andritz plans a complete takeover of the German Schuler Group. The U.S. hedge funds Elliott Capital recently acquired a stake in Schuler.
June 25, 2012
Voestalpine to Issue Corporate Bonds of € 1.0bn
The Austrian steel company voestalpine is said to plan a bond program of € 1.0bn.
June 25, 2012
„ÖIAG Should Manage Banking Interests“
Austria´s Finance Minister Maria Fekter wants to upgrade the Austrian state holding ÖIAG.
June 23, 2012
NPL of € 100bn in CEE?
The chairman oft he Viennese Chamber of Labor Werner Muhm asserts that Austrian banks hold non-perfoming loans in CEE ountries. Austrian banks rejected Muhm´s statement.
June 23, 2012
„We will Examine Every Single Shareholding“
Raiffeisenlandesbank Upper Austria´s new CEO Heinrich Schaller announced in an interview with „Wirtschaftsblatt“ that the banking group´s efficiency should be enhanced.
June 22, 2012
Leipnik-Lundenburger May Go Public
The new CEO of Raiffeisen Holding Erwin Hameseder considers privatizing the food company. There would be other privatization candidates in the renewable energy sector.
June 22, 2012
Orange: Takeover Is Questionable
The takeover of the third-biggest telecommunication operator in Austria by the Hong Kong-based Hutchison may fail.
June 22, 2012
Telekom Austria: Slim Expected to Invest Further
The Mexican investor controls about 26.9% of Telekom Austria´s shares. An increase of up to 50% is possible.
June 21, 2012
Heavy Dispute Over ÖIAG
The Austrian Minister of Finance plans to incorporate the publicly held stakes in ÖBB, Asfinag and Verbund into ÖIAG. The coalition partner SPÖ and Reinhold Mitterlehner oppose to this attempt.
June 21, 2012
Austrian Banks Report Small Growth in Lending
Regarding company loans, Austrian banks record a stable recovery, the Austrian Central Bank (OeNB) reports.
June 20, 2012
CESEE Banks: Small Exposure in Southern Europe
The riskiness of assets held by CESEE banks is manageable, the U.S. rating agency Fitch says. The CESEE region has closer links to Western Europe than to Southern Europe.
June 20, 2012
Frauenthal to Expand Further
The Austrian automotive component supplier wants to raise revenues by € 200m through acquisitions.
June 20, 2012
Uniqa Acquires EBRD’s Interests in Subsidiaries in CESEE
The Austrian insurance group concluded an agreement for the acquisition of EBRD’s interests in subsidiaries in Croatia, Poland and Hungary.
June 20, 2012
OMV Announces UK North Sea Divestments
OMV divests 5% stake in the Beryl Area producing fields for a consideration of USD 118m and acquires 17.5% stake in Tobermory and Bunnehaven discoveries West of Shetlands, from Statoil (U.K.).
June 20, 2012
Borealis Plans to Issue a Corporate Bond
The subsidiary of Austrian OMV and the Abu Dhabi investment fund IPIC may issue a corporate bond of up to € 200m.
June 20, 2012
Fitch: Positive Statements for Austrian Banks
For the U.S. rating agency, the lending activities of Austrian banks in Eastern Europe is only a minor risk factor.
June 19, 2012
„ÖIAG Should Finance Start-Ups“
The Federation of Austrian Industries (IV) suggests using ÖIAG´s investment income for the purpose of financing start-up enterprises.
June 19, 2012
Uncertain Future for ÖIAG
After CEO Markus Beyrer announced to resign, a new debate about the future of the publicly held Austrian industrial holding emerged.
June 19, 2012
Fitch: Austria´s AAA Not Endangered
According to the U.S. rating agency, Austria´s creditworthiness remains at a high level. Nevertheless, reforms would be needed.
June 19, 2012
Vienna Stock Exchange: Winners and Losers (2012-06-19)
Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Analyzes and Comments.
June 19, 2012
Euris Interested in Croatian TLM-TVP
The Austrian aluminum trader Euris shows interest in the Croatian aluminum rolling mill. Austrian Hypo Group is the seller, the Swiss Montana Tech Components is still a potential buyer.
June 18, 2012
Fekter Approves Greek Election Results
The Austrian Minister of Finance Maria Fekter is happy with the „Pro-European „ statement oft he Greeks. Minor adjustments to aid packages would be possible.
June 18, 2012
Vienna Stock Exchange: Winners and Losers (2012-06-18)
Daily News Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
June 18, 2012
Fekter Defends Euro Aids
Austria´s Finance Minister Maria Fekter underlines the „necessity of solidarity“ and stressed ist commitment to the common currency. The Austria opposition party FPÖ made a serious protest.
June 16, 2012
Tax Treaty with Switzerland Finally Confirmed
The second chamber oft he Swiss Parliament approved the tax deal with Austria, Germany and the U.K.
June 16, 2012
Mitterlehner Suggests Dissolving ÖIAG
The Austrian Minister of Economics Reinhold Mitterlehner intends to privatizie the remaining stake in Telekom Austria. This could mean the end of the Austrian industrial holding.
June 16, 2012
Slim Officially Holds 9.89% in Telekom Austria
Carlos Slim, who will buy Pecik´s shareholding in Telekom Austria, already exceeded the 5.0% threshold substantially. Slim will become Telekom´s second largest shareholder.
June 16, 2012
Conwert ´s Corporate Bonds Generate Strong Demand
Subscription period closed early – first retail bond from the Austrian real estate company in the amount of € 65m enjoys strong demand.
June 16, 2012
Vienna Stock Exchange: Winners and Losers (2012-06-15)
Daily News Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Analyzes and Comments.
June 15, 2012
Orange Takeover to be Postponed
The Commission of the EU identified several shortcomings in the takeover of Orange by the Hong Kong based Hutchison.
June 15, 2012
RZB Wants to Keep Austrian Deposit Protection
Raiffeisen Zentralbank´s CEO Walter Rothensteiner is skeptical of the European deposit protection proposal.
June 15, 2012
Slim Becomes Major Shareholder at Telekom Austria
The Austrian investor Ronny Pecik sells his shares to the Mexican Carlos Slim. The main shareholder ÖIAG welcomes this step.
June 15, 2012
VSE Records Profit Decrease
Vienna Stock Exchange announces results for 2011 and changes to supervisory board.
June 14, 2012
Raiffeisen Sector Won Market Shares Last Year
The Austrian Raiffeisen banking group could increase ist market share in lending and deposits.
June 14, 2012
VBAG to Repurchase Hybrid Capital
Austrian VBAG is inviting holders of the Notes to offer to sell any and all of their Notes to ÖVAG for cash.
June 14, 2012
Borealis: Intended New Bond Issue
The Austrian chemcial company intends to issue corporate bonds of up to € 200m.
June 14, 2012
Cross Industries AG and KTM AG Taken Over
Pierer GmbH indirectly takes control over Crosss Industries AG and KTM AG Syndicate agreement between Knünz GmbH and Pierer GmbH triggers obligation of Cross KraftFahrZeug Holding GmbH to make a mandatory bid .
June 14, 2012
Vienna Stock Exchange: Winners and Losers (2012-06-14)
Daily News Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Analyzes and Comments.
June 14, 2012
Beyrer Leaves ÖIAG
The chairman of the Austrian industrial holding resigns and will switch to Brussels.
June 14, 2012
Conwert: Corporate Bond Successfully Placed
The Austrian real estate company issues a retail bond with a term of five years until 2017. The total volume oft he bond issue is € 65m.
June 13, 2012
Fast News Search
This category only
