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)

Again Losses at Wienerberger

Analysts of Erste Group, RCB (Raiffeisen Centrobank) and UBS expect the Austrian brick manufacturer to widen losses.

May 8, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-08)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

May 8, 2012 · Updated: May 8, 2012; 16:33

Greece: „The Markets were too Euphoric“

In an interview with the Austrian newspaper “Standard”, the Austrian analyst Friedrich Mostböck thinks that the European debt crisis will remain a major challenge.

May 7, 2012

AMAG Issues € 70m Bonded Loan

One year after its IPO, the Austrian aluminum producer issues a bonded loan in order to enlarge the main factory.

May 7, 2012

Declining Results at Polytec Expected

Due to the sale of the interior business, he Austrian automotive supplier´s revenue is anticipated to decrease by 40.4%.

May 7, 2012

OMV: Rise in Revenues and Earnings Awaited

Analysts expect the Austrian oil and gas company to record substantially improved results. Profits should rise by 57.5%.

May 7, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-07)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

May 7, 2012 · Updated: May 7, 2012; 18:33

Century Casinos Records Rising Earnings

The New York and Vienna-listed Century Casinos, Inc. announced its financial results for the three months ended March 31, 2012. Operating income was up slightly.

May 7, 2012

RHI to Acquire Orient Refractories?

The Austrian refractory manufacturer is said to take over the Delhi bases Orient Refractories. The target company denies the rumor.

May 7, 2012

Kommunalkredit: Search for Buyer Goes on

In 2008, the former interest of VBAG was nationalized. The market environment would be too insecure, CEO Steinbichler says.

May 5, 2012

ÖIAG Seeks For Partner Against Pecik

The Austrian Industrial Holding ÖIAG, which is still the largest shareholder of Telekom Austria, wants to gain a strategic investor.

May 5, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-05)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

May 5, 2012

Leitl: „EU Needs Budget Consolidation and Growth Measures“

The President of the Austrian Chamber of Commerce claims to create a European fund in order to support small and medium-sized enterprises.

May 5, 2012

Hypo Group Prepares for Sale

The nationalized Austrian Hypo Group Alpe Adria sells its subsidiaries step by step. Before, the units should be spiced up.

May 4, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-04)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

May 4, 2012 · Updated: May 4, 2012; 15:54

Vienna Insurance Raises Dividends by 10%

The biggest Austrian insurance group resolves an increase in dividend by 10 percent to € 1.10 per share.

May 4, 2012

Telekom Austria Interested in Kosovo´s PTK

The Austrian telecommunication service provider still shows interest in taking over the Kosovo-based telecommunication company PTK. Last year, the sale was stopped.

May 4, 2012

Andritz Continues Strong Performance

The Austrian technology Group ANDRITZ saw a favorable business development during the first quarter of 2012. Sales grew by 28.4%. Net income was up by 36.5%.

May 4, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-03)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

May 3, 2012

Miba Continues Strong Growth

The Austrian automotive component supplier records a significant rise in revenues. Extensive investments in USA and China are planned.

May 3, 2012

Strabag Issues € 100m Corporate Bond

Proceeds will be used for general business purposes and the further improvement of the financing structure of the Austrian construction company.

May 3, 2012

Verbund Posts Substantial Improvement in Earnings

Operating result rose by 22.2% to € 263.6 m. Group profit increased by 10.16%. Nevertheless, the Austrian energy company remains below market expectations.

May 3, 2012

New Record Loss at AUA

Bad news for Austrian Airlines: the result from operating activities reaches € -66.7m. AUA refers to higher kerosene prices and the air travel tax. Nevertheless, the turnaround should be reached in 2013.

May 3, 2012

Austrian Post Continues Expansion in CEE Region

With the purchase of “Kolportaz Rzetelny” and a stake in “M&BM; Express”, Austrian Post expands its Network in Poland and Bulgaria.

May 3, 2012

Bajaj Holds 47.2% in KTM

At the end of April, the Indian motor vehicle producer enlarged its stake in the Austrian company from 41% to 47.2%.

May 2, 2012

ESM: The Final Ruin of Europe

Solidarity with financially stricken EU countries cannot justify the irrevocable loss of national sovereignty. The transfer union will only work until the financial collapse of Germany and Austria.

May 2, 2012

Austrian Banks Only Reached Minor Profits in 2011

Last year, consolidated profits of Austrian banks were down by 85%. In total, profits after taxes amounted to € 0.71bn. At the moment, Spain and Portugal are not regarded as risk factors.

May 2, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-02)

Daily News-Flash from Vienna Stock Exchange. Upgrades and Downgrades, Winners and Losers.

May 2, 2012 · Updated: May 2, 2012; 13:05

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

Pfeiffer Group Gets In Zielpunkt

The Austrian wholesale trader acquires a 24.9% stake in the retail chain Zielpunkt. The cartel authorities still must approve the deal.

May 1, 2012

Porr Urgently Needs New Capital

The Austrian construction company wants to strengthen its equity base, which shrank to 15%. In 2010, the quota stood at 22%.

May 1, 2012

Kommunalkredit: Losses Reach € 150m

The nationalized Austrian lender had to write down Greek sovereign bonds. Write-offs totaled € 176m.

April 30, 2012

Cross Industries Still in the Red

Due to interest expenses, the Austrian industrial holding company recorded losses of € 4.5m after € 4.8m in 2010.

April 30, 2012

ATB Achieved Turnaround

Sales of the Austrian motor producer were up by 10%. Operating profits rose to € 45.2m after € -88.2m in 2010.

April 30, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-30)

Daily News-Flash at Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

April 30, 2012

Raiffeisen Bank International Closes Acquisition of Polbank

The Provisional purchase price is € 460m in cash for a 70 per cent stake in the Polish private bank. RBI becomes number 6 in the Polish banking market.

April 30, 2012

Pankl Achieved Record Results

The Austrian automotive component supplier recorded excellent results: in the first quarter of 2012, revenues were up by 25% to € 36.5m. EPS rose by 34%.

April 30, 2012

Erste Group Surpasses Expectations

The Austrian banking group improves net profit to € 346.5m in Q1 2012, EBA capital requirement already met as of March 2012.

April 30, 2012

RZB´s Rothensteiner: „Not Interested in VBAG“

Walter Rothensteiner, CEO of Raiffeisen Zentralbank (RZB), does not see a suitable takeover target in the partly nationalized VBAG.

April 28, 2012

Strabag: Haselsteiner Underlines Importance of Russia

In 2007, the Austrian construction company announced to establish its third core market in Russia. However, Strabag is still far from that.

April 28, 2012

Conwert: Haselsteiner Holds 24%

The Austrian industrialist intends to raise his stake in the real estate company further.

April 27, 2012

Uniqa Plans Capital Increase

The Austrian insurance group is planning a capital increase of €500 million this year “to be able to take ad-vantage of short-term growth opportunities”.

April 27, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-27)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

April 27, 2012

Strabag Posts Strong Rise in Profits

The Vienna-listed construction company recorded a 12% increase in net income. The output volume rose by 12%. In 2012, an output volume of € 14.3bn is expected, EBIT guidance is very ambitious, Strabag says.

April 27, 2012

Drastic Profit Decrease at Raiffeisen´s Interests

In 2011, profits of interests held by RLB Lower Austria – Vienna Holding went down by 59%. CEO Hameseder is “not satisfied at all”.

April 27, 2012

Frauenthal Sells Division to Japanese Ibiden

The Austrian Frauenthal Group reached an agreement with Japanese Ibiden Group on the sale of its Industrial Honeycombs division.

April 26, 2012

AMAG Starts Investment Program

The Austrian aluminum company invests € 220m in the enlargement of the main site in Ranshofen, Upper Austria. RLB Upper Austria now holds a 16.5% stake.

April 26, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-26)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

April 26, 2012

Sorgenia Will not be Sold

The Italian energy group will not be sold. The major owner CIR declines market rumors.

April 26, 2012

Hypo Group Alpe Adria Splits Operations

The nationalised Austrian banking group Hypo Group Alpe Adria plans to shift assets from its Austrian bank unit to the group holding company.

April 26, 2012