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)

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

Volksbanken: State Aid to be Repaid

The Austrian Volksbanken (ÖVAG) will reportedly pay back more than the agreed € 300m of state aid in 2010.

December 8, 2010

Austrian Resistance Against Euro Bonds

Massive criticism comes from Germany, the Netherlands and Austria against the proposal to implement euro bonds to stabilize the currency in the EU.

December 8, 2010

Austrian National Bank: Credit Shortage Has Been Overcome

The analysis of the Oesterreichische Nationalbank (OeNB, Austrian National Bank) on loan growth shows slowly recovering credit dynamics in Austria.

December 8, 2010

Financing Requirements for Building Societies

According to Basel-III regulations Austrian building societies will require amounts in the hundreds of millions to equip themselves with sufficient equity.

December 8, 2010

Romania Sells Stake in Petrom

The state share in the Romanian Petrom, a subsidiary of the Austrian OMV, is to be reduced. OMV is interested.

December 7, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-07)

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

December 7, 2010

Nowotny Pleads for Euro-Bonds

The governor of the Austrian National Bank, Ewald Nowotny, is for the introduction of euro-bonds. Germany’s resistance is pre-programmed.

December 6, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-06)

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

December 6, 2010

Vienna Insurance Group Expands in Albania

The Acquisition of Interalbanian by the biggest Austrian Insurance company is successfully completed.

December 6, 2010

Passing On of Bank Information: FMA Defends Itself

Since, according to Wikileaks, the Austrian Financial Market Authority (FMA) has passed on bank data to the U.S., a position has been taken about the issue.

December 5, 2010

Discussion over Insider Trading Among Austrian Leadership

Domestic insider trading regulations could be improved, imply top personalities of the Austrian economy. Radical proposals are also being made.

December 3, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-03)

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

December 3, 2010

Vienna Stock Exhange: Winners and Losers (2010-12-02)

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

December 2, 2010

Equity Requirements of Austrian Banks are € 18 billion

Due to the new Basel III regulations, Austrian banks will need a much stronger capital base by 2019. The estimation is € 15 billion to € 18 billion.

December 2, 2010

OMV CEO: Insider-process on January27

While the trial date for the CEO of OMV has already been set, many leading personalities express their trust in an open letter.

December 2, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-01)

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

December 1, 2010

The Budget is Finally Set

After weeks of discussions about the 2011Austrian Federal Budget, the final details were announced today. There are very few amendments to the original project.

November 30, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-30)

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

November 30, 2010