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People of the Americas in Austria | Bilateral Relations
Austria and the Americas (Canada, Mexico and Central- & South America) - Read the latest headlines about bilateral relations
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
Change in Magna´s Management
The Austrian-Canadian component supplier announces a change in its Board of Directors. Belinda Stronach leaves.
December 22, 2010
Magna: Significant Increase in Sales and Earnings
Magna International Inc. today reported financial results for nine months ended September 30, 2010.
November 5, 2010
Magna-Steyr Member of the Board Apfalter becomes Europe Boss of the Magna Group
Apfalter stays on as Magna-Steyr CEO; Eibeck, as Europe Vice-President, is responsible for the Russian market
October 15, 2010
Russian Machines: Siegfried Wolf Obtains a Stake and Receives Clear Voting Rights
Siegfried Wolf, one of the two former top executives of Magna International not only changes over (as reported) to Oleg Deripaska's “Basic Element” company, but will also have a stake in it.
September 29, 2010
Magna: Rapprochement to Opel through Astra-order
Magna will take over the development of a new Opel Astra model. Just a year ago, Magna attempted to acquire the whole German GM subsidiary, but the takeover was aborted by General Motors.
September 29, 2010
Magna International - Openings of New Plants in St. Petersburg Area
Magna International Inc., the world’s most diverse automotive supplier, announced today the opening of three facilities in the St. Petersburg, Russia, area.
September 23, 2010
Magna - Siegfried Wolf to leave in November
Magna International Inc. today announced that Siegfried Wolf, Magna's Co-Chief Executive Officer, has resigned as a director and officer effective November 15, 2010.
September 13, 2010
Magna - Plan of arrangement completed
Magna's plan of arrangement to eliminate Magna's dual-class share structure has been completed.
September 1, 2010
Teak Holz issues convertible bond with value of EUR 10 million
The bond matures in five years and bears a coupon of 5 percent.
September 1, 2010
Andritz Hydro to supply propeller turbines for Lower Mattagami hydropower project, Canada
International technology Group Andritz has been awarded a contract by Kiewit-Alarie a Partnership to supply three propeller turbines and generators for the Lower Mattagami River Project being developed by Ontario Power Generation in Ontario, Canada.
July 13, 2010
Magna International AGM - Shareholders will vote about Frank Stronach’s future
The Austrian-Canadian supplier Magna International set a new general meeting for July 23rd, to vote about the retreat of founder Frank Stronach.
July 9, 2010
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