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)

Bank Austria Plays Down Hungary Risks

The head of UniCredit unit Bank Austria's central and eastern Europe business played down potential risks from Hungary in a magazine interview published on Friday.

March 19, 2012

Bawag to Refund Bank Aid in 2014 by Earliest

The U.S. owned bank was the only one in Austria which could increase its profits last year. The restructuring is successfully completed.

March 17, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-17)

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

March 17, 2012

Pecik Aims to Become Telekom´s Biggest Shareholder

The second-largest shareholder of Telekom Austria, the investor Ronny Pecik, wants to enlarge his stake further in order to initiate a restructuring.

March 17, 2012

Japanese NTT to Enter Telekom?

Telekom Austria will get a new partner. Newest rumors say that NTT could buy Pecik´s stake. Norwegian Telenor is still interested.

March 16, 2012

Atrium Considers Secondary Listing on the Warsaw Exchange

The Vienna-listed, Jersey-based real estate company reviews a secondary listing at Warsaw Stock Exchange.

March 16, 2012

30% in AMAG Sold to B&C Industrial Holding

One Equity Partners (OEP), a subsidiary of JP Morgan, sold a major stake in the Austrian aluminum company to B&C Industrial Holding.

March 16, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-16)

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

March 16, 2012 · Updated: March 16, 2012; 18:13

Raiffeisen Places Chinese Bonds

The Austrian bank places 750 million yuan in first sale dim sum bonds.

March 16, 2012

Bawag Underlines its Profitability

The Austrian bank, which is owned by the U.S. investment fund Cerberus, could report profits before taxes of € 156m. Against 2010, this is a rise by 13%.

March 16, 2012

Atrium Continues Strong Performance

The Vienna-listed Atrium European Real Estate Limited could improve rental income as well as profits substantially. Operating profits were up by 46.5%.

March 16, 2012

Lack in Low-Cost Apartments

In the near future, the Austrian real estate market threatens to show a drastic lack in low-cost apartments. Financing of real estate becomes more expensive.

March 15, 2012

B&C Holding Interested in 30% AMAG Stake

The industrial holding aims for entering the aluminum producer AMAG. RLB Upper Austria is interested too.

March 15, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-15)

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

March 15, 2012 · Updated: March 15, 2012; 19:03

Pecik Content to Hold Telekom Stake

The shareholder at Telekom Austria will not sell his stake in the near future. Norwegian Telenor is said to be interested in entering Telekom Austria.

March 15, 2012

Vienna Initiative an Insurance Policy, not a Game Changer, Fitch Says

The principles adopted Tuesday in “Vienna Initiative 2.0” do not change Fitch’s base case expectation that central, eastern and south-eastern Europe (CESEE) will continue to see weak, or marginally negative, credit growth in the near-to-medium term.

March 15, 2012

Lufthansa Grants Capital Injection to AUA

The German Airline raises the capital of the loss-making subsidiary by € 140m with reservations.

March 15, 2012

Stable Results at Austrian Post

In 2011, Austrian Post could raise revenues by 4.2%. EBIT climbed up by 7.2%. The dividend increases by 6.3% to € 1.70.

March 15, 2012

Moderate Rise in Results at Mayr-Melnhof

The Austrian packaging company could enhance profits by 7.5% to 118.7m. Dividends rise from € 1.95 to € 2.10.

March 15, 2012

CA Immo Pays Dividends for the First Time

The Austrian real estate company reported figures for 2011 today. The first-time consolidation of Europolis and successful sales lead to an increase in earnings. Profits were up by 38%.

March 14, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-14)

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

March 14, 2012 · Updated: March 14, 2012; 18:32

No Credit Crunch in CEE

Western European banks maintain the liquidity of their subsidiaries in Central and Eastern Europe. The equity provision is better than expected.

March 14, 2012

Haselsteiner Buys 15% Stake in Conwert

Hans-Peter Haselsteiner, CEO of the Austrian construction company Strabag, buys a 15% stake in the Austrian real estate supplier Conwert. The seller is the London-based Petrus Advisers LLP.

March 14, 2012

Raiffeisen Energy & Environment Sells Bulgarian Assets

The subsidiary of the Austrian Raiffeisen Leasing sells Bulgarian wind parks to Lukerg Renew.

March 14, 2012

Austrian Supervisory Authority Published Guideline For Banks

The Austrian Financial Market Authority (FMA) has published a supervisory guideline to strengthen the sustainability of the business models of large internationally active Austrian banks.

March 14, 2012

CEE Exchange “Open to Merger of Equal”

The CEE Stock Exchange Group, which includes bourses in Vienna, Budapest, Prague and Ljubljana, said it’s open to holding “merger of equals” talks with the Warsaw Stock Exchange (GPW), its biggest rival.

March 13, 2012

Stagnation at Vienna Stock Exchange

At the moment, the Viennese Stock Exchange (VSE) has no new IPO´s to announce. The atmosphere in Vienna would be not investment-oriented enough, market observers say.

March 13, 2012 · Updated: March 13, 2012; 19:11

Ascom Divests its Security Communication Business in Austria

The Swiss IT solution provider sells its subsidiary Ascom Austria Ges.m.b.H. in a management buy-out to the current Managing Director Peter Bernhofer.

March 13, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-13)

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

March 13, 2012

Canadian Valeant Buys Assets of Gerot Lannach

The Austrian drugmaker Gerot Lannach sells its acetylsalicylic acid business in Russia. The sale price amounts to $ 185m.

March 13, 2012

Hypo Group: Losses of € 165m

Hypo Group Alpe Adria, a nationalized Austrian lender, does not pay a dividend to the state. According to IFRS, Hypo Group could achieve profits of € 69.3m.

March 13, 2012

New Executives for Telekom Austria

The new major shareholder at Telekom Austria, Ronny Pecik, installs a third management board member. The supervisory board will be enlarged.

March 12, 2012

KA Finanz: Disaster Was Avoidable

The „bad bank“ of the nationalized bank Kommunalkredit considered selling Greek sovereign bonds in spring 2009. Last week, KA Finanz wrote off € 423m.

March 12, 2012

Red Bull Not Interested in Monster Beverage

Monster Beverage may not be a willing target. Moreover, the Austrian energy drink producer achieves strong organic growth in the U.S.

March 12, 2012

Quanmax Achieves Record Turnover in 2011

The Austrian software company achieves turnover of € 150m after € 81m in 2010. Profits of € 7.0m are recorded. S&T generates revenues of approximately € 50m with a slight profit margin.

March 12, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-12)

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

March 12, 2012

Despite Loss of AAA: Austria Pays Less Interest

The Austrian Republic had to pay € 300m less than initially expected in 2011. In spite of the downgrade by S&P, the trend seems to continue.

March 10, 2012

Nowotny: Capital Shortfall at Hypo Group „Substantially Less Than € 10bn”

The governor of the Austrian Central Bank (OeNB) repulses reports stating that the nationalized bank Hypo Group needs capital injections of € 10bn.

March 10, 2012

Hypo Group: Costs Could Increase up to € 10bn

The nationalized Hypo Group Alpe Adria may need massive capital injections by the Austrian state. The bank must downsize radically.

March 10, 2012

Ghizzoni: „Austrian Bank Tax Is Painful“

The Chief Executive Officer of UniCredit, the holding company of Bank Austria emphasizes not to sell the Austrian subsidiary. The bank tax is “unfair”.

March 10, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-10)

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

March 10, 2012

KA Finanz Needs € 1.0bn

Due to write-offs of Greek sovereign bonds, the “bad bank” of the nationalized Kommunalkredit has a capital shortfall of € 1.0bn.

March 9, 2012

RBI Mandated Lead Arranger and Bookrunner for Moscow Airport

The loan of € 165m for the largest Russian Airport is for general corporate purposes. The international financing consortium consists of ING, Société Générale and RBI.

March 9, 2012

Orange Takeover: Hutchison is Optimistic

The Hong Kong-based telecommunication company Hutchison 3 is sure that the takeover of Orange will be approved by the competition authorities. The competitor T-Mobile is not convinced at all.

March 9, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-09)

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

March 9, 2012 · Updated: March 9, 2012; 18:38

Bawag Buys Back Hybrid Capital

The U.S. owned Austrian bank purchases € 300m in hybrid capital back in order to strengthen the equity base.

March 9, 2012

Cernko Criticizes VBAG Bail-Out

Willibald Cernko, CEO of Bank Austria considers that the Austrian state reacted too late. A partly nationalization could have taken place already one year before.

March 9, 2012

RBI Optimizes Its Structure of Participations

EBA decides not to recognize privately placed participation capital. RZB Group will nevertheless meet the EBA target, the bank argues.

March 8, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-08)

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

March 8, 2012 · Updated: March 8, 2012; 17:58

IPIC Intends Further Increase in OMV

The second core shareholder of OMV, the Arab state fund International Petroleum Investment Company, which is situated in Abu Dhabi, plans another rise in its shareholding.

March 8, 2012