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Vienna Stock Exchange: Winners and Losers (2011-05-03)
Daily News-Flash of the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
May 3, 2011
Austrian Unemployment Still Declines
Compared to April 2010, the number of unemployed persons decreases by 5.4%. The number of trainings went down by 19.3%.
May 3, 2011
Austrian Industrial and Construction turnover up by 15.2%
Opposing production trends in industry and construction in January 2011; turnover +15.2%. Metal industry and automotive industry are dominant factors.
May 3, 2011
Serbian News: "Stake in Telekom Srbija already Sold to Telekom Austria"
Although there is still no official announcement from the government on the sale of Telekom Srbija, there is speculation the company has already been sold, Serbian B92 reports.
May 2, 2011
Construction Output Down by 16.7%
Austrian Output of construction of buildings and civil engineering decreasing by 16.7% in January 2011. Volume of orders in construction of buildings and civil engineering increasing by 7.0%
May 2, 2011
Small Rise in Profits for Alpine
2010 construction output is € 3.2 bn, (-5 %) - result of ordinary business operations increases by 5 % to € 23,7 m in 2010 .
May 2, 2011
Vorarlberger Kraftwerke: Increase in Net Profits despite Sales Decline
The regional energy company could raise operating profits by more than 13%. Production remained stable.
May 2, 2011
Rise in Sales and Profits for Linz Textil
"Our profits did not just rise, they exploded", CEO Dionys Lehner stated.
May 2, 2011
Strong Earnings Growth for Hypo Steiermark
The operating profit of Hypo Steiermark rose to 21.5 million euro, more than doubling the previous year’s result.
April 30, 2011
Labor Chamber: Productivity Grew Significantly More Than Salary Increases
Personnel costs per employee of Austrian companies, according to the Labor Chamber (AK) have grown less than half as strong as productivity since 2003.
April 30, 2011
Massive Losses for Federal Railroad
The Austrian Federal Railways (ÖBB) had to report a record loss of € 330m in 2010. CEO Kern speaks of "legacy".
April 30, 2011
Carinthia: Further Development of Lakeside Park Secured
The course for further expansion of the flagship project has been set; an area of 4.5 hectares has been secured.
April 30, 2011
Greenpeace, vida and EVN: "Austria's Future in Energy is Renewable"
The switch to clean energy is possible by 2050, according to a current IHS study. It is to be achieved by halving the demand for energy.
April 30, 2011
Weak Year for Porr
The Austrian Porr construction company had to report significant sales and profit declines in 2010. The EBIT fell by 23.3%.
April 30, 2011
Declining Profits for Manner
The Austrian candy manufacturer experienced a steep rise in expenditures for commodities. EBIT declined from € 7.0m to € 4.2m.
April 30, 2011
S&T Announces Group Results - Down in the Red
Consolidated revenues of the S&T Group in 2010 amounted to € 351 m, down from € 385 m in the previous year.
April 30, 2011
Mixed Results for Agricultural Output
2009/10: Good supply with food and animal feed of crops - 7.6% of foreign trade volume is made by agricultural products. Production of wine and cereals decreases, oil seeds, fruits and vegetables rises.
April 30, 2011
Significant Rise in Air Travel
Air passenger transport in Austria increased by 7.9% in 2010. The biggest growth rates were observed at Vienna International Airport.
April 30, 2011
voestalpine Awarded Major Contract in London
20.000 tons of pre-cut heavy-plate shapes from Linz, Austria, for windpark near London. Offshore wind tower project saving up to 560,000 tons of CO2 emissions.
April 30, 2011
FACC Reports Substantial Rise in Earnings
FACC AG returned to its planned rate of growth during the past fiscal year by virtue of strong operational business developments. Revenue rose 8% to € 272 m (previous year: € 251 m).
April 30, 2011
Vienna Stock Exchange: Winners and Losers (2011-04-29)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
April 29, 2011
UNIQA Records Strong Growth in Premiums and Profit in 2010
Premiums up 8.4% in the Group to a total of €6,224 m. Life insurance is the growth driver with an increase of 13.1%
April 29, 2011
austriamicrosystems Reports Improving Results
austriamicrosystems reports year-on-year revenue and earnings growth for the first quarter of 2011 driven by robust demand across target markets.
April 29, 2011
Raiffeisen Postpones Stock Exchange Plans
The banking group has to postpone for two or three years the IPOs of the agricultural holdings NÖM and LLI planned for 2011.
April 29, 2011
Austria's Deficit in 2011 at 3.9 Percent
Despite the economic recovery, the debt will increase significantly again in 2011. The consolidation will take place from 2013 onwards.
April 29, 2011
Austria's Soybean Production is Booming
According to the Ministry for the Environment, the area of domestic soybean planting and the harvest have increased by one third in 2010.
April 29, 2011
High Tech Industries Achieves Turnaround
HTI High Tech Industries AG ("HTI"), currently listed in the mid market of the Vienna Stock Exchange, generated significant earnings growth in the first quarter of 2011.
April 29, 2011
Doppelmayr Scores € 105m Contract
Doppelmayr Italia GmbH was awarded the contract for the construction of the new ropeway on the Mont Blanc.
April 29, 2011
Austrian Tourism: Small Decrease in Overnights
Current tourism winter season 2010/11: Overnights decreased slightly by 0.9% - rise in overnights in March by 2.7%.
April 29, 2011
WKÖ Considers Nevada as Optimal Trading Partner
Nevada is diversifying towards renewable energies: huge opportunities for Austrian companies are expected.
April 29, 2011
Revenue Growth by 30% for Quanmax
In the first quarter 2011, the Austrian IT company Quanmax could improve its results significantly.
April 28, 2011
Shutdown Petrochemicals – OMV Plant Overhaul at Schwechat Refinery
The OMV Refinery in Schwechat (Lower Austria) will undergo a further routine shutdown from May 3. This time, the petrochemical plant parts will be out of commission for around one-and-a-half months.
April 28, 2011
Verbund: Development of Operating Result Positive
Verbund, Austria's biggest electricity company, presents a considerable better operating result in quarter 1/2011, but a declining Group result due to one-off effects in the previous year that do not apply in the current reporting period.
April 28, 2011
Strabag Reports Stable Results
Revenues of the Austrian construction company decline slightly. Earnings per share show a plus of 8 % to € 1.53 – Management Board proposes a dividend per share of € 0.55.
April 28, 2011
Austria´s Economy Performed Better than EU-average During Crisis
The Vienna Institute for International Economic Studies (wiiw) has just published a study, which quantifies trade-related transmission mechanisms of the global drop in investment demand and output to recession in Austria.
April 28, 2011
Erste Group Reports Small Profit Increase
Erste Group increases Q1 2011 net profit to € 260.6 m on lower risk costs, despite negative impact from banking taxes.
April 28, 2011
Austrian Educational Level Rises
Educational level of young people aged 15 to 34 compared with their parents: Trend towards higher education.
April 28, 2011
Decline in Profits for Wiener Privatbank
The profits of the Privatbank fell by 34% in 2010. The bank reported an equity ratio of 48% on the 2010 balance sheet date (31 December 2009: 44%).
April 28, 2011
Optimism in Austria's Textile Industry
Austria's textile, garment, footwear and leather industry (TBSL) recorded more employees and annual sales above € 4bn in 2010. However, massive increases in raw material prices are cause for worry.
April 28, 2011
Strabag: Significant Rise in Earnings Expected
According to analysts, the Austrian construction company will record a substantial rise in profits. However, sales will decline.
April 28, 2011
Wind Power is an Important Economic Factor in Austria
The entire wind industry, including supply and service companies, offers jobs for approximately 3,300 employees in Austria and generated sales for € 470m in 2009.
April 28, 2011
Sales Increase for Plaut
Plaut Aktiengesellschaft, which is listed on the General Standard segment of Frankfurt Stock Exchange announces a significant growth in sales as well as profits.
April 28, 2011
Vienna’s Real Estate Market is Booming
With the third quarter of 2010, the trend started to reverse for the Viennese real estate market. Property is booming again, rental real estate loses demand.
April 28, 2011
Zehetner Remains CEO at Immofinanz
The Supervisory Board of the Austrian real estate company extends Executive Board contracts for Eduard Zehetner and Daniel Riedl.
April 28, 2011
SW Umwelttechnik Reports Satisfying Rise in Sales
Sales of the Austrian technology company were up by 12%. The company completed its first major export projects in Bulgaria and Moldova.
April 28, 2011
Lending Behavior of Banks Remains Stable
The credit policy of Austrian banks remained stable for the third year running in the first quarter of 2011 and it is also expected to remain unchanged in the second quarter of 2011.
April 28, 2011
Industrial Business Situation: Optimism with Restrictions
Economic recovery continues in Austria, as well as employment growth. Capacity utilization remains stable
April 28, 2011
Vienna Insurance Group Launches new ADR Programme in the US
The Vienna Insurance Group AG Wiener Versicherung Gruppe is grouping the independent American Depositary Receipt (ADR) programmes.
April 28, 2011
Vienna Stock Exchange: Winners and Losers (2011-04-26)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
April 27, 2011
OMV Starts Operations in Tunisia
El-Badr-5 is the first OMV operated production well to go into operation with a production of 1,500 boe/d. Durra production concession has been granted. Both assets were part of the Pioneer portfolio acquired earlier this year.
April 27, 2011
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