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Central and Eastern Europe's Financial Elite Gathered at the CEE Forum in Vienna

The 21st Euromoney Central and Eastern European Forum ended in Vienna today, where 1000 delegates from the region joined local and international investors to help plan, debate and analyze the economic agenda for the region for the year ahead. The vast majority of the delegates have a negative outlook for the year 2016. Only one of the participants expects that this year CEE will grow more than 3.5%.
Relevance: 1.00 · January 20, 2016


Vienna Congress comsult 2016: "The Future of Growth"

"The Future of Growth" was the topic of the Vienna Congress com•sult 2016 which took place at Vienna's House of Industry. The Vienna Congress once again brought together prominent figures from the worlds of politics, economics and science to discuss future development of different aspects, focusing on the issue of migrant crisis, which has been one of the greatest challenges faced by European states and institutions in every sense. Distinguished participants from industry, politics and the business community such as Milica Pejanovic, Mohamed El Baradei, Mario Monti, Markus Rogan, Dan Shechtman and Guenther Fehlinger discussed perspectives and strategies for new growth in Europe.
Relevance: 1.00 · January 20, 2016


HNA Group and C-QUADRAT support refugee project in northern Iraq

The HNA Group and C-QUADRAT are financing 100 lockable prefabricated houses with electricity as part of a relief operation for refugee families in northern Iraq
Relevance: 1.00 · October 12, 2017


Multiple Awards for the Lenzing Group

The year 2017 has been very successful for the Lenzing Group up until now. Following a record-breaking quarterly performance, the fiber producer is pleased to have won several prestigious awards.
Relevance: 1.00 · June 16, 2017


UK Appoints New Ambassador to Austria and the United Nations in Vienna

Mr. Leigh Turner CMG has been appointed Her Majesty's Ambassador to the Republic of Austria and UK Permanent Representative to the United Nations in Vienna. Mr. Turner currently serves as British Consul-General in Istanbul. After joining the Foreign and Commonwealth Office from 1984 to 1987 he already has had a posting in Austria before Turkey. The new ambassador to the Republic of Austria will take up his post in August 2016.
Relevance: 1.00 · February 18, 2016


Lenzing AG / Lenzing Group: Substantial Earnings Increase in theFirst Quarter of 2016

The Lenzing Group generated a substantial increase in earnings in the first quarter of 2016, thus continuing the positive trend that emerged in recent quarterly periods and achieving the best first quarter results since the financial year 2012. The resolute implementation of the new group strategy sCore TEN is reflected in the company's strong operating performance.
Relevance: 1.00 · May 12, 2016


Lenzing AG / Pure Nature: Biochemicals of the Lenzing Group Given Official Biocertification

The U.S. Department of Agriculture grants its "biobased" certificate to the acetic acid, furfural and magnesium lignosulfonate produced by the Lenzing Group.
Relevance: 1.00 · April 18, 2017


Erste Group Moves to New Headquarters at Erste Campus

At the beginning of this year Erste Group started moving into its new headquarters at Erste Campus located in the new district of Quartier Belvedere, built on the former site of the Südbahnhof train station.
Relevance: 1.00 · February 11, 2016


Erste Group Provides Blackstone with a 5-Year EUR 91 Million Facility

Erste Group provides Blackstone with a 5-year EUR 91 million facility to acquire 12 logistics assets. The 265000 sqm portfolio covers 12 standing logistics investments located in Hungary (5), Romania (4), Poland (2) and Slovakia (1), as well as land reserves.
Relevance: 1.00 · February 22, 2016


Quality of Living - Vienna is still the Number One

Vienna again tops the quality of living survey in 2016. The results of the Mercer study show, for the seventh time in a row, that Vienna's approach to quality of living is internationally acknowledged. Vienna is followed by Zurich (2), Auckland (3), and Munich (4).Vancouver (5) is North America’s highest ranking city, and Singapore is the highest ranking Asian city, holding 26th place. London ranks 39th.
Relevance: 1.00 · February 26, 2016


Erste Group Posts Net Profit of EUR 968.2 Million in 2015

“A net profit of nearly 1 billion euro, a strong capital base and substantially lower risk costs for 2015 show that we have done our homework,” said Andreas Treichl, CEO of Erste Group Bank AG, about the full-year 2015 preliminary results.
Relevance: 1.00 · February 26, 2016


250 Years of the Vienna Prater Amusement Park

2016 is a major anniversary year for the Prater: Emperor Joseph II. opened the former hunting grounds to the public 250 years ago. On the 7th of April 2016 the Vienna Prater amusement park (Wiener Prater) will be celebrating its 250th anniversary.
Relevance: 1.00 · February 29, 2016


ANDRITZ GROUP: Solid business development in 2015

International technology Group ANDRITZ showed solid business development in the 2015 business year.
Relevance: 1.00 · March 4, 2016


ANDRITZ GROUP: Results for the first quarter of 2016

International technology Group ANDRITZ saw a solid development of profitability in the first quarter of 2016 despite slight declines in sales and order intake.
Relevance: 1.00 · May 4, 2016


Vienna's Glittering 2016 Summer Balls: The Concordia Ball and the Fête Impériale

Two glittering summer balls will be celebrated in Vienna: The Concordia Ball (June 17) in Vienna City Hall and the Fête Impériale (June 24) in the Spanish Imperial Riding School. The Concordia Ball has been one of Vienna's most sparkling and exclusive events for over 150 years. The Fête Impériale is famous for its opulent and imaginative decorations, and is held once again.
Relevance: 1.00 · June 15, 2016


Top Energy Events Put Vienna in the Focus of the Global Clean Energy Economy

The Vienna Energy Forum 2018 in May in Vienna brings together a multitude of people and institutions to discuss and solve the key questions of the present on the topic of energy. Among them are heads of state, ministers, energy experts, representatives of international and non-governmental organizations, academia, civil society and the private sector. The PFAN Climate and Clean Energy Investment Forum and the R20 Austria World Summit are also part of this huge event. This event, sponsored by Arnold Schwarzenegger, is a high-level summit about leadership on implementing the Paris Climate Agreement and the United Nations Sustainable Development Goals.
Relevance: 1.00 · April 19, 2018


C-Quadrat Streamlines Corporate Group Structure

C-Quadrat plans to spin off the business operations of C-Quadrat Wealth Management GmbH (formerly: C-Quadrat Kapitalanlage AG) to ARTS Asset Management GmbH, in which the company holds a 45% stake. In return, societal profit participation rights ("sozietäre Genussrechte") will be granted to the company instead of additional company shares.
Relevance: 1.00 · April 19, 2018


See the Fascinating World of the Pyramids of Egypt in Vienna's Proximity

The pyramids of Egypt have been fascinating people since they emerged 4,600 years ago. The ancient Greeks were already standing before the Pyramids of Giza in awe and counted them among the Seven Wonders of the World. They impress with their appearance and architecture and, as part of gigantic complexes, they were the burial sites of the Egyptian kings and the elite for centuries. The exhibition “The Fascinating World of the Pyramids” at the MAMUZ Museum Mistelbach shows the perfection with which the impressive monuments were built in ancient Egypt and what influence pyramids have today on architecture, fashion and art.
Relevance: 1.00 · June 7, 2018


Austria Center Vienna Unveils Largest Modernization Concept in Its History

Austria's largest congress centre, the Austria Center Vienna, recently presented its modernisation concept until 2022. This will make completely new event formats possible and at the same time make the space around the house more attractive to the public. This is the largest construction project in the company's 30-year history.
Relevance: 1.00 · April 20, 2018


Most Expensive Sparkling Wine Bottle in the World Made in Vienna

A Schlumberger cuvée vintage 2007 with 6.600 Swarovski crystals and 26 hours manual work production time was sold for a record price of 10.000 Euro at the "Licht ins Dunkel" charity gala for a good cause.
Relevance: 1.00 · March 26, 2018 · Sponsored Content



Analysis: Vienna's 900 Years of Close Ties With Former Tax Haven Liechtenstein


Federal President Alexander Van der Bellen visited the Principality of Liechtenstein during a state visit to Vaduz. After 14 months, he has finally visited the last of Austria's neighbouring countries. The state was known as a tax haven until November 2013. The Liechtenstein tax affair and offshore leaks have contributed to the neighbouring country signing an international agreement to prevent tax evasion.
Relevance: 1.00 · March 22, 2018


OMV Group Report Q1 2018: Profit Down 43%, Production Up 30%

Adjusted operating profit amounted to EUR 818 million, up 2% year-on-year. Net income was also in line with forecasts, although net income for the period fell by 43% year-on-year. One of two key events was the signing of a concession agreement for the acquisition of a 20% stake in two fields offshore Abu Dhabi from ADNOC, as well as two satellite fields. The agreed participation fee amounts to USD 1.5 bn and the duration of the contract is 40 years.
Relevance: 1.00 · May 4, 2018


VSE: International Investors Dominate Vienna Stock Exchange

International institutional investors are largest group of investors on the prime market of the VSE Vienna Stock Exchange. They account for some 78 percent of institutional free float of the prime market index ATX Prime stocks, according to a study.
Relevance: 1.00 · April 12, 2016


175 International Businesses Relocated to Vienna

According to the Vienna Business Agency, last year a total of 175 international businesses relocated to Vienna. Compared to the previous year, the result of 159 relocations was further improved. Compared to the other federal states, Vienna was able to attract almost five times more international businesses than the second-placed Carinthia, which, according to statistics of the Ministry of Economy, recorded 36 new businesses, followed by Salzburg (25), Tyrol (20), and Lower Austria (18).
Relevance: 1.00 · April 21, 2016


AGRANA expands Group EBIT to EUR 129.0 million

In the 2015|16 financial year, AGRANA Beteiligungs-AG achieved an improvement of about 6% in operating profit (EBIT) to EUR 129 million (prior year: EUR 121.7 million).
Relevance: 1.00 · May 17, 2016


Rosenbauer International AG / Schiphol Group relies on 18 Panther in high-end design with a wide range of special equipment

Rosenbauer has received an order from airport operator Royal Schiphol Group for the delivery of 18 ARFF vehicles. The Schiphol Group is re-equipping Amsterdam, Rotterdam and Lelystad Airports: 13 PANTHER 8x8 ARFF vehicles will be commissioned in Amsterdam, three PANTHER 6x6 ARFF vehicles in Rotterdam, and two PANTHER 6x6 ARFF vehicles in Lelystad.
Relevance: 1.00 · November 9, 2017


Jazz Festival Brings Cyndi Lauper and Jamie Cullum to Vienna

The Vienna Jazz Festival, a fixed item in the annual festival series, offers more than the eponymous cool sound. Soul, funk, pop, electronic and ethnic sounds can also be enjoyed - and all in the best venues. From 28 June to 11 July, the Vienna Jazz Festival brings high-ranking stars such as Cyndi Lauper and Jamie Cullum to Vienna's stages.
Relevance: 1.00 · June 14, 2016


Mogherini Visits Vienna to Discusses Migration and Nuclear Disarmament Issues with Kurz

EU High Representative Federica Mogherini met with Sebastian Kurz in the margins of the CTBT Ministerial in Vienna on 13 June. Mogherini und Kurz stressed their support for the entry into force of the CTBT and the importance of nuclear disarmament and non-proliferation.
Relevance: 1.00 · June 13, 2016


Expert Meeting in Vienna: "Make Migration a Resource for All"

Making migration a resource for public institutions, the private sector, local communities and migrants themselves was the main topic of an expert meeting on the long-term approach to migration governance, organized by the Office of the Co-ordinator of OSCE Economic and Environmental Activities (OCEEA).
Relevance: 1.00 · June 20, 2016


Summer in the City: Vienna Open-Air Cinemas

Every summer in Vienna, numerous open-air cinemas show films on a wide range of topics. Admission is free of charge at the Musical Film Festival at City Hall, the “Cinema under the Stars” on Karlsplatz and at the wandering "Volxkino". Original versions with English or German subtitles can often be seen.
Relevance: 1.00 · June 28, 2016


Chinese Activist Ai Weiwei Displays His Work in Vienna

The conceptual artist, documentary filmmaker and activist Ai Weiwei is one of the most well known artists of our time. The 21er Haus will present his work at the exhibition “Ai Weiwei. translocation – transformation” from 14 July to 20 November 2016.
Relevance: 1.00 · June 30, 2016


Erste Group Expects Q2 Net Profit of about EUR 560 Million

Erste Group expects to post net profit of approx. EUR 560 million in Q2 16, raises guidance for 2016 to ROTE >12% (up from 10-11%).
Relevance: 1.00 · July 14, 2016


Afrika! Afrika! - The André Heller Circus Show Comes to Vienna

André Heller’s circus show blurs the boundaries between dance, acrobatics, live music and video to create a magical stage performance. The ensemble shows the artistic present day as well as the traditional heritage of the African continent: from Ethiopia to Ivory Coast, from Morocco to South Africa.
Relevance: 1.00 · April 5, 2018 · Sponsored Content


Lenzing AG / Lenzing Group: Substantial Earnings Increase in theFirst Nine Months of 2016

The Lenzing Group generated a substantial increase in revenue and earnings in the first nine months of 2016, compared to the first nine months of 2015. Significant improvements of cash flow and thus reduction of net debt provide the basis for further investments and the implementation of the sCore TEN strategy.
Relevance: 1.00 · November 16, 2016


Flughafen Wien AG / Strong First Half-Year 2016 Leads to Significant Earnings Improvement for the Flughafen Wien Group

An economically strong first half of 2016 resulted in a significant improvement of all relevant financial performance indicators for the Flughafen Wien Group, featuring increases in revenue and net profit for the period and a further reduction of net debt.
Relevance: 1.00 · August 22, 2016


Flughafen Wien AG / CORRECTION: Strong First Half-Year 2016 Leads toSignificant Earnings Improvement for the Flughafen Wien Group

In the corportate news "Strong First Half-Year 2016 Leads to Significant Earnings Improvement for the Flughafen Wien Group" released today at 8.01 am (CET) a bulletpoint had to be corrected. The fifth bullet point should read: *Positive guidance confirmed for 2016: increase in the clean net profit for the period BEFORE non-controlling interests, i.e. adjusted for Malta revaluation, to EUR 115 million, reduction of net debt below EUR 400 million.
Relevance: 1.00 · August 22, 2016


Telekom Austria AG / Telekom Austria Group expects in Q22017 a similar revenue and a better EBITDA development than in Q12017

The Telekom Austria Group informs today that in the second quarter of 2017, the revenue development is expected to show a similar trend as compared to the first quarter of 2017, with year-on-year EBITDA growth anticipated to be higher than in the first quarter 2017, besides Austria mainly supported by a better performance in Bulgaria and Belarus.
Relevance: 1.00 · July 10, 2017


Semperit AG Holding / Semperit Group updates its Outlook

Due to the continuous difficult situation in the Medical Sector and the cyclical decreasing demand in the Industrial Sector, especially in the Sempertrans segment, Semperit updates its outlook: The operational results of 2016 will be well below the results in 2015. This results in a decline of about 10% for the EBITDA and of about 20% for the EBIT.
Relevance: 1.00 · September 20, 2016


TJP ADVISORY & MANAGEMENT SERVICES GMBH AND M&A INTERNATIONAL INC. MEMBERS CREATE OAKLINS, A NEW GLOBAL INVESTMENT BANKING GROUP

Today, TJP Advisory & Management Services GmbH and members of the worldwide M&A International organization announce the creation of a new global player: Oaklins. As a result, TJP Advisory & Management Services GmbH now becomes Oaklins Austria.
Relevance: 1.00 · October 10, 2016


ANDRITZ GROUP: Results for the third quarter of 2016

International technology Group ANDRITZ saw satisfactory business development in the third quarter of 2016. The key financial figures developed as follows..
Relevance: 1.00 · November 4, 2016


Lenzing Group has reduced its equity stake in EQUI-Fibres

The Lenzing Group has reduced its equity stake in EQUI-Fibres Beteiligungs-gesellschaft mbH, Kelheim from 45 to 20 percent. EQUI-Fibres is the sole parent company of Kelheim Fibres GmbH, which manufactures viscose fibers at its plant in Kelheim, Germany. EQUI-Fibres reported total revenue of EUR 162 mn in 2015.
Relevance: 1.00 · December 23, 2016



Israeli President Reuven Rivlin in Vienna


Israeli President Reuven Rivlin met Austrian President Alexander Van der Bellen during a stopover in Vienna. Bilateral relations and the situation in the Middle East were discussed.
Relevance: 1.00 · October 12, 2018


C-QUADRAT Investment AG / HNA Group set to become majority owner of C-QUADRAT

Today San Gabriel Privatstiftung, T.R. Privatstiftung as well as Hallmann Holding International GmbH, Q-Cap Holdings Ltd. and Laakman Holding Ltd. (all together "the core shareholders") have concluded share purchase agreements with HNA Group (International) Asset Management Co., Limited ("HNA") on the acquisition of shares of C-QUADRAT Investment AG ("C-QUADRAT") subject to condition precedent.
Relevance: 1.00 · May 3, 2017



The Vienna Salons: Networking and Emancipation for 200 Years


What made the Vienna salons the places to be between 1780 and 1938 would be described today as networking in the best sense. Mostly shaped by their Jewish hostesses, these communication spaces were also spaces of emancipation and empowerment in two respects: for women who were still excluded from public life, and for the development of a critical, middle-class civic society.
Relevance: 1.00 · May 31, 2018


Iran Talks Back at the Palais Coburg in Vienna

The struggle for the prolongation of the nuclear agreement with Iran continues. On Tehran's initiative, the Joint Commission is meeting in Vienna at Palais Coburg to discuss measures to support the Joint Comprehensive Plan of Action (JCPOA) on the Iranian nuclear program. Tehran wants to decide on compliance with the nuclear deal in the coming weeks.
Relevance: 1.00 · May 25, 2018


Car Dealer Denzel Increases Group Turnover by Twelve Percent

Vienna-based car importer and dealer Denzel sold around 45,000 vehicles in the past fiscal year and increased group sales by 12 percent to over 830 million euros.
Relevance: 1.00 · May 17, 2018



Love, Respect and Solidarity: "Diplomats for Equality" and "Vindobona.org" Support Vienna Pride 2018


The festival "Vienna Pride" is a two-week event of the LGBTI community with the highlight of the Vienna Pride March (Rainbow Parade) on 16 June 2018 and intends to promote human rights for everybody and achieve equality for LGBTI persons. More than 30 Vienna-based embassies and diplomatic missions have come together under the banner "Diplomats for Equality" to support this initiative. Vindobona.org also supports a worldwide non-discriminatory society.
Relevance: 1.00 · May 31, 2018

International Day of the Girl: Austria Center Vienna Illuminated in Pink
The Austria Center Vienna and the Austrian Presidency of the Council sent a signal on the International Day of the Girl and illuminated the Austria Center Vienna (ACV) pink in the evening. At the same time, inside the Center with the conference "Gender Equality and YOU. Young Voices. Joint Initiative" and the informal meeting of the EU Ministers for Gender Equality, important gender equality events took place within the framework of the EU Council Presidency.
Relevance: 1.00 · October 12, 2018 · Sponsored Content

Contemporary Artists from Vienna - Memories of the City where I Lived
Many Viennese Artists are intensively engaged with the city of Vienna, its history and society. Between humorous processing of clichés and critical examination of society, they have found many interesting ways to portray their typical Vienna.
Relevance: 1.00 · October 17, 2018 · Sponsored Content



OMV Group Reports Operating Result of EUR 688 Mln in 2017


OMV AG is reporting group results for 2017. The operating result increased by 67% to EUR 688 mn. Net income attributable to stockholders amounted to EUR 367 mn. Data includes latest two acquisitions of a 24.99% share in the Yuzhno Russkoye natural gas field located in Western Siberia (see picture) and the purchase of 40% in SMATRICS, Austria’s complete provider for all services related to electro - mobility. See OMV Group Report January – December and Q4 2017 including condensed consolidated financial statements as of December 31, 2017 and Investor Relations Video below.
Relevance: 1.00 · February 21, 2018