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)

Dividend Increase at SBO

Schoeller-Bleckmann Oilfield Equipment AG: Annual General Meeting adopts resolution to increase dividend to € 1.20 per share. A share buyback programme has been renewed.

April 26, 2012

Austria Injects € 1bn into KA Finanz

Austria injected € 998m into nationalized KA Finanz AG after the lender lost more than € 1bn on its bonds and credit-default swaps in Greece’s debt restructuring.

April 26, 2012

AMAG Sale Completed

The last tranche in the Austrian aluminum producer AMAG was sold by CP Group/One Equity Partners to the Austrian B&C Industrieholding AG.

April 25, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-25)

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

April 25, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-24)

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

April 24, 2012

Moderate Profit Increase at Erste Bank

The Austrian subsidiary of the Vienna-based Erste Group could record a 12.1% profit increase. Lending was up by 33%.

April 24, 2012

Frequency Auction in Austria Postponed

Due to the delayed Orange deal, Austria´s telecommunication regulators postpone the decision on the wireless spectrum sale.

April 24, 2012

€ 110m Bond Issue at Agrana

The Austrian sugar and starch manufacturer places € 110m bonded loan with maturities of five, seven and ten years.

April 24, 2012

IMF: Austria´s Contribution to Reach € 6.0bn

The capital increase at the International Monetary Fund costs Austria € 6.0bn. Austria may receive an executive director. Schieder considers introducing Eurobonds.

April 23, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-23)

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

April 23, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-21)

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

April 21, 2012

Bank Austria: Bond Issue Significantly Oversubscribed

This week, Bank Austria issued a 7-year covered bond with a volume of € 500m.

April 21, 2012

RHI Pursues Growth Strategy in India

The Austrian RHI AG, the world’s biggest maker of fireproofing ceramics, is pursuing a takeover in India and may start a joint venture in Russia to expand its global reach.

April 21, 2012

Nowotny: “ECB Uses Bond-Buying Program Extremely Cautiously”

The governor of Austrian Central Bank (OeNB) Ewald Nowotny said the bank only buys government bonds in certain situations and with “extreme” caution.

April 21, 2012

Sorgenia Records Losses

The Italian subsidiary of the Austrian energy company Verbund registered net losses of € 14.7. Revenues were up by 9.5%.

April 21, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-20)

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

April 20, 2012

Triple-A Will Not Return Soon

The U.S. rating agency S&P dashes hopes that Austria may get back its “AAA” soon. Austrian banks may still face risks as the crisis is over yet, S&P says.

April 20, 2012

Rosenbauer Reports Decline in Revenue and Profit

The Austrian producer of fire-fighting equipment announced its results for 2011. Revenues decreased by 9.0%, net profit fell by 20%. Orders went up substantially.

April 20, 2012

Considerable Rise in Profit at S Immo

Consolidated net income at the Austrian real estate company was up from € 2.1m to € 21.2m. EBITDA was up by 42.0%.

April 20, 2012

RZB to Increase Capital

In order to cover its capital shortfall, RZB (Raiffeisen Zentralbank plans a capital increase of € 840m. Participation capital will turn into core Tier 1 capital as per EBA definition.

April 20, 2012

Lenzing Resolves to Increase Dividends Substantially

The Ordinary Shareholders´ Meeting of Lenzing AG resolved to distribute a dividend of € 2.50 per share for the 2011 fiscal year (compared to € 1.55 per share for the previous fiscal year).

April 19, 2012

KTM Corporate Bond “Very Popular”

The bond volume of € 85m was more than double oversubscribed within two hours. Especially Austrian private investors were interested.

April 19, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-19)

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

April 19, 2012

RBI: Takeover of Polbank Approved

The Polish Competition Authority allowed Austrian RBI (Raiffeisen Bank International) to purchase Polbank. Conversely, RBI has to list as Warsaw Stock Exchange.

April 18, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-18)

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

April 18, 2012

Mitterlehner: „AAA is still Far Away“

Austria´s Minister of Economics does not believe that S&P gives back the “AAA” rating soon. However, the debate about Austria´s rating is overvalued, he thinks.

April 17, 2012

Austria Supports EU Capitalization Plans for Banks

Regulators in the European Union may be allowed to impose capital surcharges on banks

April 17, 2012

Losses at ECO Business Immobilien

The Austrian real estate company recorded losses of 12m in 2011. The year before, ECO Business still showed profits.

April 17, 2012

OMV´s Petrol Stations: Potential Buyers in Sight

The Austrian oil and gas company OMV plans to sell its petrol stations in Croatia and Bosnia. Local investors show interest.

April 17, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-17)

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

April 17, 2012 · Updated: April 17, 2012; 15:51

Fitch Confirms “AAA” For Austria

The U.S. rating agency Fitch Ratings has affirmed Austria's Long-term foreign and local currency Issuer Default Ratings at 'AAA'. The rating Outlooks on both Long-term ratings are Stable.

April 17, 2012

OeNB: “Nationalizations Are Clean Up”

Austria’s central bank (OeNB) said that the nationalization of three of the nation’s lenders helped clean up the structure of the domestic banking industry.

April 17, 2012

RZB Group: Profits Fell by 38%

The Austrian banking group posts an operating income of € 5,416m (minus 1.5 per cent). Profit before tax reached € 1,144m (minus 11.5 per cent).

April 17, 2012

Tax Deal Fiercely Criticized

Last week, Austria concluded a tax treaty with Switzerland. For experts, the deal does not solve the main problems.

April 16, 2012

Hypo Tirol: NPL Quota at 37%

The Tyrolean regional bank recorded losses of € 125m last year. The owner, the province of Tyrol has to inject further capital.

April 16, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-16)

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

April 16, 2012 · Updated: April 16, 2012; 18:05

US and UK Dominating at CEESEG

Investors from the UK and the US are the most important participants at CEESEG in 2011.

April 16, 2012

Erste to Improve Equity Base

Austrian Erste Group will ask shareholders for permission to sell bonds that automatically convert into shares to cover potential capital shortfalls.

April 16, 2012

Uniqa Sells German Mannheimer Group

The Austrian insurance company concludes the sale of its majority stake in Mannheimer AG.

April 16, 2012

Every Second Austrian Feels Affected by Austerity Policies

The government's austerity program causes the average amount saved to decline to € 5,085. The planned credit volume rises to € 79.800.

April 16, 2012

Quanmax Posted Record Revenues

The Austrian IT copmany achieved record revenues of € 153.2m in fiscal year of 2011. This corresponds to an increase of 90 percent compared to € 80.7m in the previous year.

April 16, 2012

Austria and Switzerland Signed Tax Treaty

Austria´s Finance Minister Fekter signed the tax treaty with her Swiss colleague Eveline Widmer-Schlumpf. In 2013, additional tax intake of € 1.0bn is expected.

April 14, 2012

Gebrüder Weiss Takes Over Spedition Diehl

The Austrian transport and logistics company raises its stake in the German freight forwarder Spedition Diehl to a hundred percent.

April 14, 2012

Lenzing Expects Not to Reach Results of 2011 Again

Lenzing´s CEO Peter Untersberger presented the excellent results of the last financial year. This year, earnings will reach the level of last year only “at best”.

April 13, 2012

ÖIAG Offers Resistance to Pecik

The Austrian state holding ÖIAG seems to organize resistance against the new shareholder at Telekom Austria, Ronny Pecik.

April 13, 2012

Wienerberger Builds Firewall Against Hostile Takeover

The Austrian brick producer plans to lower the marginal value for takeover offers to 20%.

April 13, 2012

Rating Agencies Examine Austria Again

The three big rating agencies S&P, Moody´s and Fitch are checking Austria´s financial situation again. An official statement does not exist yet.

April 13, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-13)

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

April 13, 2012

Swiss-Austrian Tax Treaty to be Signed

The tax treaty between Austria and Switzerland will be signed tomorrow on Friday. The tax rate is set at 38%.

April 12, 2012

Verbund Focuses Investments on Austria

The Austrian energy company plans investments of € 2.4bn in the next five years. About 66% of these investments will be made in Austria.

April 12, 2012