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)

New Responsibilities for the Financial Market Authority

As of 2011, the Austrian Financial Market Authority (FMA) has to face new challenges. The focus is on the fight against money laundering.

January 3, 2011

Increase of Debts Slows Down at Asfinag

According to the Austrian motorway company Asfinag, austerity is slowly starting to show results.

January 3, 2011

The ATX Celebrates its 20th Anniversary

Despite long-term attractive returns of the ATX, Austrians are not eager to invest in shares.

January 3, 2011

Splitting-off at IT Service Provider Beko

The shareholders of the Austrian Beko Holding are about to decide a splitting-off of Cross Informatik GmbH. Besides, ownership structure of Beko will change.

December 31, 2010

Record performance for the ATX

The main index of the Vienna Stock Exchange managed to get into a top position in international comparisons. The losses caused by the crisis could be partially offset.

December 30, 2010

Analysts Expect ATX to Underperform in January

The main index of the Vienna Stock Exchange experienced a strong rally in December. Thus, ATX outperformed compared to other European indices.

December 30, 2010

Stronach Sells Shares to Magna

The founder and long-time Chairman of the board of the Austria-Canadian Magna Group, Frank Stronach, only holds 5.14% now.

December 30, 2010

ÖVAG: Sales Process of East-holding is Under Way

For the coming year, the Austrian Voksbanken are planning to restructure the Group. A buyer is currently being sought for the East-holding.

December 30, 2010

Bank Austria CEO Cernko: Austrian Banks Fight Securities Tax

The CEO of Bank Austria, Willibald Cernko, was interviewed by the newspaper “Kurier”. He announced that Austrian Banks will call the Constitutional Court.

December 29, 2010

ATX Forecast 2011: High Yields, High Volatility

RLB Niederösterreich-Wien predicts a very good year for security investments and expects double-digit yields.

December 29, 2010

Profits Increase for Banks in Austria

The profitability in the first three quarters of 2010 of Austrian banks shows continued strong growth.

December 29, 2010

Raiffeisen Foresees a Weak Decade for Europe

RLB Niederösterreich-Wien expects hardly any economic growth, particularly in the euro countries. Austria is however relatively well positioned.

December 28, 2010

Analysts Predict Good Year for ATX

According to analysts, the Vienna Stock Exchange will experience a favourable performance in 2011. However, 2011 won´t surpass 2010.

December 27, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-23)

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

December 23, 2010

Good Prospects for the Vienna Stock Exchange

According to the analysts, the upward trend due to good economic data and corporate earnings on the Vienna Stock Exchange will continue.

December 22, 2010

Foundations: Greater Legal Certainty for Founders

A new amendment to Austrian private foundations law allows more clarity for private founders.

December 22, 2010

AAA Rating Confirmed for Austria

The rating agency Standard & Poor’s; leaves Austria’s credit status unchanged.

December 22, 2010

OMV Closes Acquisition of 54.14% in Petrol Ofisi

OMV, an Austrian energy group, completed the acquisition of a 54.14% stake in Petrol Ofisi A.S.

December 22, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-22)

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

December 22, 2010

Urgent Need for Capital at Austrian Banks

Walter Rothensteiner, Chairman of RZB as well as the Credit Division of the Economic Chamber, considers that domestic banks are under massive capital pressure.

December 21, 2010

Austrian Supervisory Boards Come Out Favorably in Worldwide Comparison

According to a KPMG study, Austrian supervisory board members are informed timely and sufficiently about in-house operations.

December 21, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-21)

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

December 21, 2010

Bank Austria-Fund “Real Invest Europe” Opens as from 21 December 2010

Revaluation of property portfolio complete. Commercial property in Stuttgart sold at market price.

December 21, 2010

Austrian-Hungarian Know-How for Macedonia

The Hungarian and Austrian Stock Exchanges make their capital market know-how available to the Macedonian Stock Exchange.

December 21, 2010

ÖIAG: Sale of the Post and Telekom is possible

Peter Michaelis, the departing CEO of the Austrian state holding company (ÖIAG) is considering the sale of interest holdings.

December 20, 2010

Immofinanz Records Increasing Revenues and Earnings

Revenues of the Austrian Real Estate Company were up by 3.3%. EBIT increased by 19%.

December 20, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-20)

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

December 20, 2010

FMA: Solid Performance of Austrian Pension Funds

The Financial Market Authority (FMA) publishes a report on the Austrian pension funds. The performance is diverse. .

December 17, 2010

Austria's Tax Revenues are Higher than Expected

As the economy developed relatively well this year relatively, tax revenues increased. The deficit for 2010 might therefore turn out to be lower than planned.

December 17, 2010

Controversies About S&T Personnel

The chairman of the Vienna-based IT services provider, Thomas Streimelweger sues the supervisory board because of his dismissal, which he allegedly offered.

December 16, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-16)

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

December 16, 2010

Intercell Raises Authorized Capital

The Management Board of the Austrian biotechnology company is authorized to increase the share capital up to a nominal amount of € 855,000.00.

December 16, 2010

Austrian Economic Chamber is Against Euro-Bonds

Chamber President Leitl calls for an in-depth cooperation in economic policy instead of euro-bonds.

December 15, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-15)

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

December 15, 2010

OeNB: Recovery of the Financial System in a Persistently Uncertain Environment

The OeNB considers that domestic banks benefit from the positive development in the CEE region. However, uncertainties stay on as before.

December 15, 2010

Madoff Affair: Accused Defend Themselves

The accused Sonja Kohn and Stefan Zapotocky defend themselves vehemently against accusations and allegations. Both are, according to the accusation, part of the Madoff system.

December 14, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-14)

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

December 14, 2010

Serious setback for Intercell

The Vienna vaccine manufacturers has to terminate a research project unexpectedly at a late stage. Heavy losses are expected for this year.

December 14, 2010

Extensive Refinancing Needs by Austrian Banks

Due to the maturity of large loan volumes, Austria's banks will need at least € 20bn next year.

December 14, 2010

Austria Benefits from Low Loan Interest Rates

Because of low interest rates and spreads, Austria is able to get convenient financing on the loan market. Euro-bonds would mean significant costs for Austria.

December 13, 2010

Vienna Stock Exchange: Tax on Securities Gains Damages Austrian Economy

Massive disadvantages for Austrian companies because of financing made more difficult are feared by the members of the of the Vienna Stock Exchange board, Michael Buhl and Heinrich Schaller.

December 13, 2010

Madoff Proceedings: Billion Lawsuit against Bank Austria

The former chairman of Bank Medici, Sonja Kohn, is said to have managed the Madoff system for years. A lawsuit has been filed from the US.

December 13, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-13)

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

December 13, 2010

Is Austria a Risk Country?

Due to its engagement in Eastern Europe, Austria is partially considered as a potential risk country. Lack of understanding for this assessment is shown by Austria.

December 10, 2010

Economic Chamber: No More Credit Crunch for Austria’s Businesses

A study by the Austrian Economic Chamber shows the high level of satisfaction of local businesses with their banks: the credit crunch has disappeared.

December 10, 2010

Nowotny: No Euro-bonds Yet

Although he supports the euro-bonds in principle, the time has not come yet for the Governor of the Austrian National Bank.

December 10, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-10)

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

December 10, 2010

Central European Gas Hub Launch Futures Market

Central European Gas Hub and Vienna Stock Exchange launch futures market on the CEGH Gas Exchange of Wiener Börse. CEGH also operates in the OTC market.

December 10, 2010

It is Official: Telekom Austria Bids in Serbia

What has only been suspected until now, is official: Telekom Austria bids against well-known competitors for the privatized part of Telekom Srbija.

December 10, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-09)

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

December 9, 2010