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Asfinag

ASFINAG Issued a New Bond

ASFINAG (Autobahnen- und Schnellstrassen-Finanzierungs-Aktiengesellschaft) issued a new bond guaranteed by the Republic of Austria: EUR 500 million due 2030 with a coupon of 1.50 per cent. The funds of this bond are used to refinance a maturing bond.

September 14, 2015

S&P Warns Austria of Election Gifts

This year, Austria will hold federal elections. According to S&P, expensive election gifts may reduce the credit rating outlook.

February 19, 2013

Public Debt: Austria´s Government Too Optimistic

The austerity targets of the Austrian government are not realistic. Above all, the official public debt level will increase significantly next year.

February 15, 2013

ÖIAG to be Enlarged?

Publicly held companies like Verbund or Austrian Railways should be integrated into the Austrian industrial holding group.

September 21, 2012

ÖIAG: Search Goes On

The number of candidates for the succession of Markus Beyrer as CEO of the Austrian industrial holding keeps within limits.

August 2, 2012

ÖIAG: Malanik to Succeed Beyrer?

In June, Markus Beyrer decided to leave the Austrian Industrial Holding (ÖIAG). The former management board member Malanik could succeed.

July 27, 2012

„ÖIAG Should Manage Banking Interests“

Austria´s Finance Minister Maria Fekter wants to upgrade the Austrian state holding ÖIAG.

June 23, 2012

Mitterlehner Suggests Dissolving ÖIAG

The Austrian Minister of Economics Reinhold Mitterlehner intends to privatizie the remaining stake in Telekom Austria. This could mean the end of the Austrian industrial holding.

June 16, 2012

Asfinag Bond Issue Successfully Placed

The Austrian highway financing company has placed a € 1.0bn corporate bond at historically low rates. The bond has a maturity of 20 years.

May 31, 2012

Asfinag Enhanced Profits

In spite of decreasing revenues, the Austrian highway funding company raised profits from € 339.3m to € 439.6m.

April 26, 2012

Asfinag to Cut Costs by € 2.8bn

The Austrian highway funding company wants to reduce construction costs by € 2.8bn over the next five years.

March 26, 2012

Cooperation Between Kapsch and Asfinag Extended

Austrian Kapsch TrafficCom and Asfinag Mautservice GmbH set out a framework agreement on the operations and maintenance contract for the nationwide electronic truck toll collection system in Austria until the end of 2018.

October 4, 2011

Asfinag Pays First Dividend Since 2008

A pending lawsuit might cost the Austrian motorway financing company up to € 37m. Full-year profit is still expected to rise.

September 8, 2011

Surprising Profit at ASFINAG

With an annual result of € 339m for 2010, the Austrian motorway financing company had much better results than expected.

May 6, 2011

Massive Increase in Public Debt

Austrian public debt could rise dramatically soon by a new calculation involving separate legal entities.

February 10, 2011

Increase of Debts Slows Down at Asfinag

According to the Austrian motorway company Asfinag, austerity is slowly starting to show results.

January 3, 2011

Austrian Official Debt Level Rises

Due to the EU-wide commitment to a more transparent presentation of liabilities, the official debt ratio of Austria will continue to increase.

December 21, 2010

Extra-budgetary Debts Grow Unabated

Debt levels which are not attributed to the Austrian Federal Budget rise exorbitantly. Above all, the ÖBB and Asfinag are responsible.

November 30, 2010

Traffic Expenditures: € 4.3bn less

As a consequence of the new budget, public infrastructure projects are being reduced considerably. Postponed projects and low-cost alternatives will save money.

November 12, 2010

Asfinag: Toll Revenues for 1.63 Bllion Euro in 2010

The motorway vignette will bring the state-owned motorway company Asfinag 350 million euro this year, truck tolls one billion. Total revenues will be around 100 million above those of 2009, but debts increase by around 600 million.

October 8, 2010

Export Indicator: The Economy is Expanding

According to the current results of the OeNB export indicator calculated on the basis of trucking mileage performance data of September 2010, the Austrian export economy has also expanded in the two summer months.

September 17, 2010

Asfinag Bond: The Motorway Operator Picked Up 1.3 Billion Euro

The local motorway operator Asfinag picked up 1.3 billion euro on the capital market.

September 14, 2010

OIAG to become an infrastructure holding

The OIAG aims to become an infrastructure holding company. The federal real estate company (BIG), Verbund (energy), Asfinag (infrastructure) and parts of the ÖBB (railway) will be slowly integrated in an ÖIAG structure.

July 23, 2010
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