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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


Sergey Lavrov to Participate in Session of UN Commission on Narcotic Drugs in Vienna

Russian Foreign Minister Sergey Lavrov took part in the annual meeting of the UN Commission on Narcotic Drugs at the Vienna International Center and also met Federal President van der Bellen during his visit to exchange ideas.
Relevance: 1.00 · March 14, 2019
Population Development - City of Vienna at 1.9 Million Inhabitants

Last year Vienna grew by 11,000 inhabitants. The birth surplus was 4,000, the migration gain 7,000. Immigration from Great Britain was disproportionately high due to Brexit fears. Serbia is the strongest group of immigrants. The influx of refugees has fallen back to the level before the wave of refugees. In 2027 about 2 million people will live in Vienna.
Relevance: 1.00 · January 22, 2019



Largest Chinese Bank Opened Branch Office in Vienna


China's largest bank, ICBC - Industrial and Commercial Bank of China was officially commenced for business in Vienna. Mr. Li Zhanshu, Chairman of the Standing Committee of the National People's Congress, who was on an official visit in Austria attended the opening ceremony of ICBC Austria Bank GmbH (ICBC Austria).
Relevance: 1.00 · May 28, 2019


Vienna Welcomes New Ambassadors from South Korea, South Africa, Bolivia, Sri Lanka, Morocco and Sierra Leone

On July 10, 2019, Austrian Federal President Alexander Van der Bellen welcomed the six newly accredited Ambassadors of South Korea, South Africa, Bolivia, Sri Lanka, Morocco and Sierra Leone to Austria to the Presidential Chancellery of the Vienna Imperial Palace for the presentation of their letters of accreditation.
Relevance: 1.00 · July 19, 2019
Hilton Vienna Stadtpark Sold to South Korean Securities Consortium for €333 Mio

The Hilton Hotel near Vienna's Stadtpark is said to have been sold for €333 million ($375 million) to a Korean securities consortium - Hana Financial Investment Co., NH Investment & Securities Co., and Meritz Securities Co. The consortium is planning a modernization for €66 million ( $75 million).
Relevance: 1.00 · July 19, 2019


ANDRITZ GROUP: Solid business development in 2016

International technology group ANDRITZ saw solid business development in the past business year. In spite of a slight decline in sales to just over six billion euros, earnings and profitability reached the highest figures in the company's history. The Executive Board will propose an increased dividend payment of 1.50 EUR per share to the Annual General Meeting of Shareholders.
Relevance: 1.00 · March 3, 2017


OMV Aktiengesellschaft / OMV has reached an agreement for the sale of OMV Petrol Ofisi to Vitol Group

OMV has reached an agreement for the sale of its Turkish fuel supply and distribution company OMV Petrol Ofisi A.S. to VIP Turkey Enerji A.S., a subsidiary of Vitol Investment Partnership Ltd. The transaction is effected via a sale of 100% of the shares of OMV's Turkish holding company OMV Petrol Ofisi Holding A.S. The total purchase price of the transaction amounts to EUR 1,368 mn. Thereof EUR 81 mn relate to net cash proceeds from a prior carve-out of OMV's Turkish gas entities. The execution and implementation of the transaction has already been approved by the Supervisory Board of OMV.
Relevance: 1.00 · March 3, 2017


Lenzing AG / Heiko Arnold Starts Work as New Chief Technology Officer of the Lenzing Group

Heiko Arnold commenced working as the new Chief Technology Officer of the Lenzing Group on May 1, 2017. The Management Board of the globally leading producer of botanic cellulose fibers led by Chief Executive Officer Stefan Doboczky was expanded by a new position for Technology and increased from three to four members in view of the forthcoming expansion of production capacity; according to the sCore TEN corporate strategy the Lenzing Group aims to increase the share of specialty fibers as a percentage of revenue to 50 percent by 2020.
Relevance: 1.00 · May 2, 2017


Semperit Group - High earnings growth due to one-off effects in Q1 2017

The publicly listed Semperit Group recorded high positive one-off effects in the first quarter of 2017 due to the termination of almost all joint venture activities with the Thai Sri Trang Agro-Industry Public Co Ltd Group ("joint venture transaction"). In its operational business significant negative earnings effects were recorded due to higher raw material prices, which could only partially and after a certain time lag be passed on to the market.
Relevance: 1.00 · May 16, 2017


Lenzing AG / Lenzing Group Achieves Best Quarterly Results in its History

The Lenzing Group got off to a very good start in the year 2017. It succeeded in significantly improving first-quarter revenue and earnings and thus achieved the best quarterly results in the company's history. The corporate strategy sCore TEN will continue to be implemented in a disciplined manner in order to further enhance customer intimacy and further expand the offering of specialty fibers.
Relevance: 1.00 · May 16, 2017


Flughafen Wien Group Continues Upswing: Substantial Passenger Growth and Perceptible Earnings Improvement in the First Three Months of 2017

REVENUE increase to EUR 160.6 million (+4.3%), EBITDA rise to EUR 60.7 million (+1.6%), EBIT improvement to EUR 26.0 million (+3.5%). - NET PROFIT FOR THE PERIOD*) increases significantly to EUR 15.9 million (+9.8%).
Relevance: 1.00 · May 17, 2017


ANDRITZ GROUP: Results for the first half of 2017

International technology Group ANDRITZ saw satisfactory business development in the first half of 2017.
Relevance: 1.00 · August 4, 2017


Semperit Group: Continued revenue growth in half-year 2017, first measures in transition phase taken

The Semperit Group achieved continued revenue growth in H1 2017. With the new management complete in June 2017, first decisive measures in the transition phase were taken to ultimately enhance profitability for Sempermed and Sempertrans segments.
Relevance: 1.00 · August 17, 2017


Telekom Austria Group announces harmonisation of its branding strategy across the Group triggering an amortisation of local brand values

Today, the Telekom Austria Group announces that it has decided to harmonise its brands within the Group and to roll out the brand 'A1' throughout the Group in a gradual manner depending on local circumstances. This will trigger an amortisation of local brand values which amount as of year- end 2016 to approximately EUR 350 mn in total. The companies will amortise the brand values until the phase-out of the old brands. This will impact Telekom Austria Group's net result in 2017, 2018 and 2019. More than half of the impact is to be expected in Q4 2017 and in Q1 2018. The amortisation is not cash- relevant.
Relevance: 1.00 · September 20, 2017 · Updated: September 20, 2017; 20:51


Meet the New Ambassador of Bosnia and Herzegovina to the International Organizations in Vienna - Jugoslav Jovičić

The new Ambassador Extraordinary and Plenipotentiary at the Permanent Mission of Bosnia and Herzegovina to the UN, OSCE and IAEA, Jugoslav Jovičić, presented his credentials to the Director-General of the UNOV United Nations Office at Vienna, Yury Fedotov, and to Mikhail Chudakov, IAEA Acting Director General, and Head of the Department of Nuclear Energy at the IAEA headquarters.
Relevance: 1.00 · October 16, 2018


Service agreement of STRABAG group company SPFS with Deutsche Telekom ends latest on 30 June 2019

The facility management services agreement between STRABAG Property and Facility Services GmbH Germany (SPFS) and Deutsche Telekom, which had been concluded in parallel with the acquisition of DeTeImmobilien in 2008, will end latest effective 30 June 2019. After long and intense negotiations, Deutsche Telekom has decided to award these services to another provider.
Relevance: 1.00 · October 18, 2017