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)

Privatizations Could Raise up to € 24bn on Vienna Stock Exchange

Especially the privatization of public infrastructure and energy companies could increase the market capitalization of the Vienna Stock Exchange considerably.

February 3, 2011

Vienna Stock Exchange. Winners and Losers (2011-02-02)

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

February 3, 2011

Superfund Seeking for Investors in Japan

The Austrian investment fund intends to raise new funds via Japanese institutional investors. The volume is said to account for $ 100m

February 3, 2011

Atrium Terminates Trust Agreements with Meinl

The US-American/Israeli fund Atrium terminates trust agreements with the Austrian Meinl Bank AG under the 2003 and 2005 bonds due to “important reasons”.

February 3, 2011

Vienna Stock Exchange. Winners and Losers (2011-02-01)

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

February 2, 2011

Austrian Companies on Roadshow to London

Especially one of Austria´s leading banks, Erste Group, will be presented at the Investor Day in London.

February 2, 2011

Atrium European Real Estate Announces Credit Rating Update

Atrium European Real Estate Limited a real estate company owned by Citigroup/Gazit, is placed on CreditWatch Negative.

February 2, 2011

Wienerberger Raises Stake in Tondach Gleinstätten

Wienerberger transfers 50% of Bramac to Monier in exchange for an additional 25% stake in Tondach Gleinstätten AG and a cash settlement of € 40m.

February 2, 2011

AvW Trial: Eight Years in Prison

An 8 years imprisonment sentence was imposed on the founder and CEO of AvW Group, Wolfgang Auer-Welsbach,

February 1, 2011

Refunding at S&T Accepted by Banks

The Austrian software company could close a “refinancing package” with its creditors. S&T sells subsidiaries in Ukraine and Moldova.

February 1, 2011

Atrium: "Meinl Exploited its Position as a Trustee”

After the repayment of the convertible bond to the Austrian Meinl Bank, the real estate funds considers the calling as "blatant unlawfulness."

February 1, 2011

Vienna Stock Exchange. Winners and Losers (2011-01-31)

Daiy News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

February 1, 2011

Constantia Packaging Sells Austrian Subsidiaries

The industrial holding owned by the US-american JP Morgan sells the board manufacturer Duropack and the aluminium company AMAG.

January 31, 2011

CA Immo: „Bid of UniCredit too low“

UniCredit intends to increase its stake on the Austrian CA Immo up to 29%. The board regards the bid of € 12.35 per share as being “too low”.

January 30, 2011

bwin: Uncertain Future in Austria

After the approval by the shareholders of the merger with the British PartyGaming, the task division is still to be determined.

January 29, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-28)

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

January 29, 2011

ATX: UniCredit expects 11% Return in 2011

Austrian stock market outlook for Q1 2011: Vienna Stock Exchange creeps up again

January 29, 2011

Meinl Bank to Cancel Previously Scheduled Bondholder Meeting

According to Atrium, a US/Israeli real estate company, circumstances causing a cross-default event do not subsist anymore.

January 29, 2011

"Austria Does Not Deserve an AAA Rating"

The chief economist of the American Citigroup, Willem Buiter, also denies Austria, alongside the U.S. and the UK, the right to the AAA rating.

January 29, 2011

Polytec: CEO Reduces own Shares

Polytec´s CEO Friedrich Huemer reduced stake for a partial refinancing of the buyback of properties.

January 29, 2011

Unmodified Lending Policy of Austrian Banks

Austrian banks did not change their lending policy in the fourth quarter of 2010, no modifications are expected for the current quarter either.

January 28, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-27)

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

January 28, 2011

Erste Bank to Expand its Corporate Customer Business

Business with local companies is set to grow twice as fast as the Austrian market. Share for SME business set to rise from 24 to 33% in the next 3 years.

January 28, 2011

Austrian Companies on Roadshow to Tokyo

Erste Group, RBI, VIG and Immofinanz are participating at the roadshow in Japan.

January 28, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-26)

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

January 27, 2011

voestalpine Intends to Strengthen Equity Capital Base

The Austrian steel company plans to make itself more independent from debt. In spite of growing profits, investments remain low.

January 27, 2011

Austria's Pension Funds: 6.61% yield in 2010

Austria's pension funds generated an income of around € 800m in 2010. The annual performance is above the long-term average.

January 27, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-25)

Daily News-Flash from the Vienna Stock Exhchange: Upgrades & Downgrades, Winners & Losers.

January 26, 2011

Bank Assistance is Lucrative for the State

Contrary to fears, revenues of the bank rescue package more than double the refinancing costs.

January 26, 2011

voestalpine Successfully Places Bond Issue

The Austrian steel company has closed its corporate bond issue. Proceeds are € 500m, the coupon is given by 4.75%.

January 26, 2011

Suspicion of Insider Trading against Immofinanz’s CEO

The Austrian Financial Market Authority (FMA) is investigating Eduard Zehetner on suspicion of insider trading, according to the magazine "Profil".

January 25, 2011

Atrium Repays Convertible Bond to Meinl

The American-Israeli real estate fund Atrium repays the 10.75% 2008 convertible bond to the Austrian Meinl Bank.

January 25, 2011

Sanochemia Takes Over Alvetra & Werfft

The Austrian pharmaceutical company Sanochemia strengthens its market position through the acquisition of Alvetra & Werfft GmbH.

January 25, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-24)

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

January 25, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-21)

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

January 22, 2011

Atrium Intends to Clarify Purported Event of Default

After the statement of the Austrian Meinl Bank to sue the real estate fund Atrium because of a “default of payment”, Atrium announces its point of view.

January 22, 2011

Upper Austrian Manufacturing Industry on Investment Course

AMAG and Lenzing show ambitions to be listed again on the Vienna Stock Exchange. Energie AG massively increases its investment budget.

January 21, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-20)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers

January 21, 2011

voestalpine: Increased Employee Participation Possible

For the CEO of the Austrian steel group, Wolfgang Eder, the increase of the participation from the current 13.3% to around 16% is envisaged.

January 21, 2011

Austria's AAA Credit Rating Confirmed

The U.S. rating agency Moody's confirms the Republic of Austria’s Triple-A rating. The outlook remains "stable".

January 21, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-19)

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

January 20, 2011

Pröll is Against the Extension of the Euro Shield

The Austrian Finance Minister, Josef Pröll (ÖVP), called for stricter budget discipline and pronounces himself against a more extensive rescue shield

January 20, 2011

Weak Capital Base of Austrian Banks

According to the rating agency Standard & Poor's (S&P), Austria's major banks are equipped with very weak equity by international standards.

January 20, 2011

Life Insurance Continues in Demand

While Austrian private investors have less savings, rights to pensions and life insurances rise.

January 19, 2011

Record of Assets under Management for C-Quadrat

The investment fund was able to increase the managed assets in Austria by 26% to € 3.3bn. The volumne of new investments in 2010 amounts to € 804m.

January 19, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-18)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers

January 19, 2011

Citigroup Trades on Vienna Stock Exchange

Vienna Stock Exchange gives admission to trading of Citigroup Global Markets Limited, London (UK).

January 18, 2011

A-Tec Sells Subsidiary in Germany

Austrian A-Tec Industries AG has agreed to sell the German Doerries Scharmann group.

January 18, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-17)

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

January 18, 2011

Austria's Funds Showed a Plus in 2010

2010 was another year of gains for Austrian funds: of 1601 funds, 1464, showed a positive performance.

January 15, 2011