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Latest News

Österreichische Post AG / Invitation to the General Meeting 2018

Österreichische Post Aktiengesellschaft would like to invite its shareholders to the Annual General Meeting to be held at 10 a.m. on Thursday, April 19, 2018 in Hall C, Reed Messe Vienna, Trabrennstrasse 7, 1020 Vienna.

March 21, 2018

Lenzing: Commitment to Sustainable Forestry as a Climate Regulator

The Lenzing Group is publishing its current Sustainability Report 2017 on March 21, 2018, which is International Forest Day. The report underlines the successful efforts of the Lenzing Group in its role as one of the sustainability leaders in the wood-based cellulose fiber sector to make an important contribution to eco-friendly management along the entire value chain of the textile and nonwovens industry.

March 21, 2018

SBO: Operating Result Turns Clearly Positive in 2017

In the 2017 financial year, the market environment of the oilfield service industry recovered appreciably, with North America confirming its leading role as demand picked up sharply there.

March 21, 2018

SBO: Yearly Financial Report

Schoeller-Bleckmann Oilfield Equipment AG is declaring the following financial reports below:

March 21, 2018

Ryanair Acquires 75 Percent of LaudaMotion

The Irish low-cost airline Ryanair is paying 100 million euros for the share. Ryanair will initially take over 24.9 percent of Laudamotion and intends to increase it to 75 percent, subject to the approval of the EU competition authority. The airline founder will continue to be in charge.

March 20, 2018

Vienna Forever the Most Livable of All Cities?

For the ninth time in a row, Vienna has been ranked number 1 worldwide in the Mercer Quality of Living ranking. Vienna owes this to the generous and liberal spending policy of the city government of recent decades. In view of the expected budget cuts, it remains to be seen whether Vienna will be able to maintain this leading position in the future.

March 20, 2018

Strabag building LEED-certified office tower in central Bucharest

The European-based construction group Strabag SE, through its Romanian subsidiary, has been awarded the contract to build a 110 m tall office tower in central Bucharest. The contract has a value of about EUR 39 million. Completion is scheduled for October 2019.

March 20, 2018

26°EAST: Glamorous Opening of New Champagne Bar at Hotel Palais Hansen Kempinski

The new new cocktail and champagne bar 26°EAST was opened in the Palais Hansen Kempinski with a magnificent party. According to General Manager Gerhard Mitrovits, this bar is to develop into an exclusive bar hotspot at the end of the Ringstrasse.

March 17, 2018 · Sponsored Content

Culture Tech at SXSW in Austin, Texas: The Austrian Version of Cultural Diplomacy

Austria was present at the 2018 music festival South-by-Southwest-Festival (SXSW) in Austin with a selection of its most innovative entrepreneurs and artists from culture, music and the start-up industry. The heart of the domestic performance was the Austrian Day at the German House in the legendary Barracuda Club. In the setting of a traditional Viennese coffee house inspired by Café Landtmann, the menu included inspiring discussions, technical innovations and entertaining performances in addition to Viennese sausages and Sacher cake.

March 16, 2018

Hungary Forces Central European University of US Billionaire Soros to Move to Vienna

In view of the political pressure exerted by the Hungarian government under the proposed amendments to Act CCIV of 2011 on Hungarian National Higher Education, the Central European University (CEU) of US billionaire George Soros feels compelled to look for alternatives. The city of Vienna naturally offers itself as an excellent alternative or supplement. The CEU and the City of Vienna are already in negotiations about a memorandum of understanding (MoU) that would enable CEU to open a satellite campus site in Vienna. The Otto Wagner area at Baumgartner Höhe is being examined as a possible location.

March 16, 2018

Semperit with Negative Results in 2017 After Start of Profound Restructuring

In 2017, the business development of the publicly listed Semperit Group was influenced by globally stronger growth dynamics and favourable economic conditions. However, mostly increasing and very volatile raw material prices resulted in additional burdens.

March 16, 2018

Wolford Aktiengesellschaft / Quarterly Report

Wolford Aktiengesellschaft is declaring the following financial reports below.

March 16, 2018

TTTech Sets Up Joint Venture in Shanghai to Deploy Key Technology for Autonomous Driving Cars in China

The Vienna-based technology company TTTech and China's largest automotive group Shanghai Automotive Industry Corporation (SAIC) announced a joint venture with the intention to produce an Intelligent Driving Central Controller (iECU), which will be installed on the first China-made intelligent driving vehicle later this year. TTTech holds 49.9 percent in the new joint venture.

March 15, 2018

World Happiness Report: Austria 12th Happiest Country in the World

In this year's World Happiness Report, published annually by the United Nations Sustainable Development Solutions Network, Austria comes in 12th place, one place better than a year ago. Finland is the happiest country in the world, but the other Scandinavian countries are also in the lead.

March 15, 2018

RBI Doubles Net Profit, Pays Dividends Again and Returns to Growth Course

RBI - Raiffeisen Bank International has doubled its profit in 2017 and rewards shareholders. They have not received any dividends since 2013. The bank had to pursue a sharp austerity course, reduce international business volumes, close branches in Eastern Europe and stop dividend payments. Russia remains the most important source of income.

March 15, 2018

Simplified Naturalisations in Austria for Families of Nazi Refugees

Austria plans to facilitate dual citizenship for the descendants of Nazi displaced persons.

March 15, 2018

Austrian Post: Increase in Revenue and Earnings in 2017

Austrian Post showed a satisfactory business development in the 2017 financial year. Group revenue increased by 2.3% to EUR 1,938.9m compared to EUR 1,895.6m in the previous year (excl. trans-o-flex). The Mail & Branch Network Division reported a revenue decline of 2.1% to EUR 1,447.8m due to the ongoing trend of e-substitution, which was more than offset by the 17.7% increase in Parcel & Logistics divisional revenue up to EUR 495.6m.

March 15, 2018

Rosenbauer International AG / Results of the Rosenbauer Group for 2017 Influenced by Impairment

During the preparation of the annual financial statements, irregularities at an investee in Germany were determined. On the basis of the current state of knowledge of the 2017 consolidated financial statements, these irregularities lead to an extraordinary impairment of EUR 3.5 million. A forensic examination by Internal Audit with the assistance of external experts was instigated immediately. The Executive Board will provide the necessary structural and personnel resources and implement further measures after the result of the forensic examination is known.

March 14, 2018

Lenzing. Yearly Financial Report 2017

Lenzing AG is declaring the following financial reports below.

March 14, 2018

Lenzing Group Achieves Best Full-Year Results in Its History

In 2017, the Lenzing Group reports its best financial performance ever with record revenue and earnings due to a better product mix and higher selling prices in combination with a generally favorable market environment.

March 14, 2018

Strabag building section of M85 expressway in Hungary for€ 167 million

The European construction group STRABAG SE has started work on the 20.5 km long section of the M85 expressway between Csorna and Sopron in Hungary. The contract has a value of HUF 51.9 billion, which corresponds to about EUR 167 million. The section is scheduled for completion after a period of 36 months.

March 13, 2018

LGT Group Reports Profit of CHF 283.4 Mln

LGT, the private banking and asset management group owned by the Princely House of Liechtenstein, reported strong net asset inflows and a significant increase in profits for the 2017 financial year. Group profit for the full year rose 23% to CHF 283.4 million. Net asset inflows, excluding acquired assets, amounted to CHF 17.7 billion, which corresponds to organic growth of 12%. As at the end of 2017, assets under management increased by a total of 33% to CHF 201.8 billion.

March 12, 2018

Permanent Mission of Japan to the International Organizations in Vienna, Austria / 在ウィーン国際機関日本政府代表部

Updated address, contact and mission details of the Permanent Mission of Japan to the International Organizations in Vienna, Austria (Ständige Vertretung Japans bei den Internationalen Organisationen in Wien), including its priorities in the nine international organizations where the Permanent Mission of Japan (PMJ) is engaged.

March 12, 2018

Embassy of Japan in Vienna, Austria

Updated address and contact details of the Embassy of Japan in Vienna, Austria (Japanische Botschaft in Wien, Österreich), including Department of Politics and Economics, Consular Department and Public and Cultural Relations Department / Japanese Information and Culture Centre.

March 12, 2018

Annual Report of the European Commission: How did Austria do?

The European Commission presented its annual reports on 27 EU member states. How did Austria do? Well, it kinda ended up with a black eye. The report took a pop at Vienna for a number of structural shortcomings, including tax burden on labour, pension and healthcare expenditures, house prices, restrictive regulation in the services markets, stagnating productivity and and not enough action on spreading digital technologies. That isn’t a particularly good report card for the previous coalition government of ÖVP und SPÖ. Let’s see if the new coalition government of ÖVP und FPÖ can make the grade the next time around.

March 11, 2018

Extremism-Gate: Special Session of Austrian National Council Convened

The somewhat opaque events surrounding the house search of the Federal Office for the Protection of the Constitution and Counter-Terrorism (BVT) are now making political waves. It is deeply disturbing that a unit, which in itself is not responsible for this, is supposed to have carried out the house search at the BVT and allegedly took highly sensitive intelligence information with it. The matter stinks to high heaven. The Austrian opposition has convened the National Council. The parties SPÖ, NEOS and Liste Pilz (LP) demand that Interior Minister Herbert Kickl (FPÖ) provides a complete explanation.

March 9, 2018

ATX: AT&S and FACC to Join, Agrana and Zumtobel to be Removed

The ATX index composition of the Vienna Stock Exchange has been reviewed on its quarterly basis. FACC AG will be joining ATX for the first time since it became exchange-listed. AT&S AG will rejoin. Agrana and Zumtobel will be removed. Decisions on additions and removals to the index are based on average daily trading volumes and the free float capitalization of companies.

March 9, 2018

Borealis: Yearly Financial Report 2017

Borealis AG is declaring the following financial reports below-

March 9, 2018

Austrian Delegation Seeks to Improve Economic and Political Relations with Jordan

An official visit of President Van der Bellen to Jordan will take place from 17 April to 19 April 2018. The delegation to Amman will be accompanied by an economic mission headed by WKO Vice President Richard Schenz. The economic mission of the WKO is the response of an invitation issued some time ago by the President of the Chamber of Commerce of the Kingdom.

March 8, 2018

Man Ray at the Kunstforum Wien: "To Create is Divine, to Reproduce is Human"

Until 24 June 2018, the Kunstforum Wien is showing the exhibition "Man Ray", which portrays the significant painter and photographer Man Ray (born Emmanuel Radnitzky) in a selection of 150 key works from all over the world.

March 8, 2018

IAEA Staff Association Ball 2018 Review: Colours of Africa

Recently, the IAEA Staff Association Ball 2018 took place in the halls of the Vienna Hofburg. Many international guests came together under the motto "Colors of Africa". A great multicultural ball with fantastic dancefloors from ballroom to latin to disco. A glittering and happy end to the 2018 ball season.

March 7, 2018

The OSCE in 2030: Undivided Security in Europe Now More at Risk Than 10 Years Ago

In the Austrian National Defence Academy, the security issue "The OSCE in 2030: Undivided Security in Europe restored?" was discussed in the form of a public panel discussion. At the invitation of the International Institute for Peace (IIP), the Karl-Renner-Institut, the Scientific Cluster for Polemology and Legal Ethics, the FES Regional Office for Cooperation and Peace in Europe (ROCPE), the Austrian National Defence Academy and the ISP Institute for Security Policy, Hannes Swoboda as moderator and the panelists Thomas Greminger, Fyodor Lukyanov, Stephanie Liechtenstein, Alena Kupchyna discussed the hoped-for security policy development of Europe and the OSCE.

March 7, 2018

The New BMW X4 - The Dream of Every Diplomat

At the 2018 Geneva Motor Show, which is currently taking place in Geneva, BMW presents the new BMW G02 X4, among others.

March 7, 2018 · Sponsored Content

Andritz to Supply Hydro- and Electro-Mechanical Equipment for Pumped Storage Hydropower Plant in Morocco

International technology Group Andritz has received an order - as part of a consortium - from l'Office Nationale de l'Électricité et de l'Eau potable (ONEE) for supply of hydro- and electro-mechanical equipment for the new Abdelmoumen pumped storage hydropower plant located on the River Issen in Taroudant Province, about 140 km southwest of Marrakech, Morocco. The order value for Andritz is over 120 million euros. Construction work will start in the first half of 2018 and is expected to be completed in 2022.

March 6, 2018

Hotel Sofitel Vienna Stephansdom to Shine in a New Design

Different cultures meet in Vienna. The result, which is a fascinating blend of art and architecture is supposed to be reflected in the hotel Sofitel Vienna Stephansdom. The hotel with its 182 rooms and the hotel lobby is currently experiencing a facelift which will be completed soon. Since the beginning of the year the new general manager of Sofitel, Peter Katusak-Huzsvar, has been designing the impressive house in Vienna's Praterstrasse 1 as a lifestyle hotspot for both tourists and Viennese.

March 5, 2018 · Sponsored Content

Mainland Chinese Billionaire Guo Guangchang to Take Over Austrian Asset Wolford AG

Shanghai based Fosun Group through its Hong Kong (Central) vehicle Fosun Industrial Holdings Limited (Fosun) has taken over control of one of Austria's last remaining lingerie assets. According to Wolford, its new strategic core shareholder has agreed to pay at least €36M for a 50.87% majority stake in Wolford AG. Wolford has been struggling with management problems for some time. It also has been loss making for several years. Fosun Industrial Holdings Limited, a subsidiary of Fosun International Limited (British Virgin Islands) is an investment holding company with interests in asset management and entertainment services. Fosun wants full control of the lingerie maker. Upon the closing of the share purchase agreement Fosun intends to launch a takeover offer to the remaining shareholders. Fosun was co-founded in 1992 by Fudan graduate Guo Guangchang who meanwhile became the 34th richest person in China with a net worth of €7 billion.

March 3, 2018

Andritz AG / Yearly Financial Reporta According to Art. 124 Para. 1 Stock Exchange Act

Andritz AG is declaring the following financial reports below:

March 2, 2018

Andritz: Solid Business Development in 2017

International technology group Andritz saw satisfactory business development overall in the past business year. The Executive Board will propose an increased dividend payment of 1.55 EUR per share to the Annual General Meeting of Shareholders.

March 2, 2018

Trevor Traina Looks Forward to Become the United States Ambassador to Austria

Today Mr. Trevor Traina testified before the US Senate Foreign Relations Committee Nomination Hearing. If confirmed, Mr. Traina is to become the next Ambassador Extraordinary and Plenipotentiary of the United States of America to Austria. Traina: I am humbled to be President Trumps nominee to be the United States Ambassador to Austria. If confirmed, his grandmother, who just celebrated her hundredth birthday and who is the widow of his late grandfather Wiley T. Buchanan Jr. (who also served as U.S. ambassador to Austria), would have the confusing honor of being the wife and the grandmother of the Ambassador to Austria.

March 1, 2018

Embassy of the Principality of Liechtenstein in Austria

Updated embassy and consulate contact details of the Embassy of the Principality of Liechtenstein in Vienna. Aktualisierte Botschafts- und Konsulatskontaktdetails der Botschaft des Fürstentums Liechtenstein in Wien.

March 1, 2018

Embassy of Austria in the Principality of Liechtenstein

Updated embassy and consulate contact details of the Embassy of Austria in the Principality of Liechtenstein. Aktualisierte Botschafts- und Konsulatskontaktdetails der Österreichischen Botschaft im Fürstentum Liechtenstein.

March 1, 2018

Embassy of Austria in Islamabad, Islamic Republic of Pakistan

Updated embassy and consulate contact details of the Embassy of Austria in Islamabad, Islamic Republic of Pakistan. Aktualisierte Botschafts- und Konsulatskontaktdetails der Österreichischen Botschaft in Islamabad, Pakistan.

March 1, 2018

Austrian Airlines to Hire 600 New Employees, to Fly to Tokyo and Cape Town

Close to 12.9 million passengers flew with Austria’s national carrier last year, comprising a rise of 12.8 percent compared to the previous year. In 2018 the airline plans the integration of another long-haul aircraft, a Boeing 777-200 jet, in its fleet. It is planned to hire 150 employees just to operate this one new aircraft. In total about 200 pilots, 300 flight attendants and 100 employees in the fields of aircraft maintenance and ground handling will be hired. The additional capacity will enable Austrian Airlines to expand its intercontinental route network to Japan and South Africa.

March 1, 2018

Chancellor Kurz Visits President Putin: "The situation in Syria is dramatic"

Austrian Chancellor Sebastian Kurz traveled to Moscow to meet Vladimir Putin. The focus of the trip was a working meeting with the Russian President, with whom Kurz discussed, among other things, the bilateral relations of both countries, the relationship between Russia and the EU, the Ukraine conflict and the current situation in Syria.

February 28, 2018

The Western Balkans Remain a Priority of Austrian Foreign Policy

Because of a common history and the tradition of political, cultural and economic relations, Austrian foreign policy has always attached particular importance to the Western Balkans. The primary goal of Austrian foreign policy is to support the transformation of the Western Balkans area into a zone of stability. From the Austrian perspective there is only one option for the Western Balkans: a full European integration of the region. However, the political commitment from the regions' leaders is expected.

February 28, 2018

Austrian Government Presents Double Budget 2018/19: EU Requirements Are Met - 2019 Balanced Budget

The new Austrian government is planning a zero deficit for next year, Chancellor Sebastian Kurz (ÖVP) and Vice-Chancellor Heinz-Christian Strache (FPÖ) have announced. The planned reduction in corporation tax could be of interest to foreign investors and companies.

February 28, 2018

WU Vienna: Registration Deadline for Academic Year 2018/19 Starts Now

The online registration period for study programs at the Vienna University of Economics and Business (WU Vienna) for the winter and the summer term begins on March 1. Since admission tests take place only once a year, prospective students must register now for studies beginning in the winter semester of 2018/19 and in the summer semester of 2019.

February 28, 2018

Kapsch TrafficCom AG: Quarterly Report Presents Revenue Increase of 7.5% to €506.9M

Q1-Q3 2017/18 saw a revenue increase of 7.5% to EUR 506.9 million. It is the first time that Kapsch TrafficCom has passed the EUR 500 million mark after just three quarters. According to CEO Georg Kapsch, Kapsch TrafficCom's growth trajectory affirms that this value exceeds the revenue for the entire 2014/15 fiscal year. 76.3% of group revenues were acquired in the ETC segment (toll segment), and 23.7% in the IMS segment (Intelligent Mobility Solutions segment).

February 28, 2018

Uniqa Insurance Group AG: Preliminary Figures 2017

At EUR242.2 million, EBT in 2017 - according to preliminary figures - is up 7.4 per cent on last year's results of EUR225.5 million. Premiums written (including savings portion) increased by 4.9 per cent to EUR5,293.3 million. In addition, the Group cost ratio improved from 26.6 per cent to 25 per cent and the combined ratio from 120 per cent to 97.5 per cent - despite claims paid of approximately EUR120 million for weather damage.

February 28, 2018

Bawag Pays €110M for Separation from Austrian Post

Bawag presents its preliminary figures for 2017. The net profit will amount to 466.6 million euros (-1.4 percent). Due to profits, there will be dividend payments to shareholders. The long-term distribution partnership with Austrian Post is to be terminated.

February 28, 2018