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New CEO for OMV: "Beginning of a Major Transformation"
The Austrian multinational company OMV has appointed a new CEO. After the current and parting CEO Rainer Seele has been facing heavy public criticism, OMV will now try to rebuild its image.
June 2, 2021
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Austrian Multinational Company Loses Current CEO
The Austrian multinational corporation OMV has announced that its current CEO, Rainer Seele, will end his term in June 2022. Only recently, criticism against OMV and Seele have increased. Find out more about how his end at OMV and the criticism relate.
May 3, 2021
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Kurz in the Emirates and in Kuwait - A Lipizzaner Stallion for the Monarch
Chancellor Kurz visited the UAE United Arab Emirates and the State of Kuwait with an extensive business delegation. Main purpose were deals in in the fields of energy, sustainability, infrastructure, transport and health. Also on the trip were 25 Lipizzan stallions of the Spanish Riding School including riders, which were on a tour in the Emirates. Kurz presented the Crown Prince of the UAE, Mohammed bin Zayed Al Nahyan, with a Lipizzan stallion as a gift from the Republic of Austria.
March 25, 2019
Borealis: Yearly Financial Report 2017
Borealis AG is declaring the following financial reports below-
March 9, 2018
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Borealis AG / Half-year financial reporta ccording to art. 87 para. 1 Stock Exchange Act
Borealis AG is declaring the following financial reports below.
August 23, 2017
Borealis AG / Yearly Report
Borealis AG is declaring the following financial reports below.
February 24, 2017
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Borealis AG / Half Yearly Report
Borealis AG is declaring the following financial reports below.
August 24, 2016
Borealis AG / Yearly Report
Borealis AG is declaring the following financial reports below.
March 4, 2016
Borealis AG / Half Yearly Report
Borealis AG is declaring the following financial reports below.
August 24, 2015
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Borealis AG / Yearly Report
Borealis AG is declaring the following financial reports below.
March 11, 2015
Borealis AG / Borealis Technology Oy has received a re-assessmentdecision from the Finnish tax authority for the year 2008 to make an additionalpayment in the amount of EUR 281.7 million
Today, Borealis Technology Oy, a Finnish subsidiary of Borealis AG, Wagramer Strasse 17-19, 1220 Vienna ("Borealis"), has received a re-assessment decision from the Finnish tax authority regarding the year 2008.
December 29, 2014
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Borealis AG / Half Yearly Report
Borealis AG is declaring the following financial reports below.
August 27, 2014
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Borealis to Invest EUR 65 Million in Porvoo Borstar PE Plant
Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has announced a major upgrading project at its production site in Porvoo, Finland.
June 28, 2013
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Voestalpine´s Research Expenditures Have Tripled
Since 2000, voestalpine´s research expenses were up to € 132m. this corresponds to 1.1% of the total sales.
February 16, 2013
Borealis to Acquire Outstanding Shares of TOTAL Affiliate GPN SA
Borealis, an Austrian provider of chemical and innovative plastics solutions, has made a firm offer to TOTAL to purchase all outstanding shares of GPN SA, France’s largest nitrogen fertilizer manufacturer.
February 7, 2013
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Borealis: Profits and Sales Increase Remarkably
The Austrian chemical group Borealis recorded a net profit of € 129m in the third quarter of 2012, an increase of € 22m compared to the third quarter of 2011
November 16, 2012
Borealis to Acquire Dutch DEXPlastomers
The Austrian chemical group expands into the Netherlands.
November 12, 2012
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Borealis Posts Declining Net Income
Borealis recorded a net profit of € 112m in the second quarter of 2012 compared to € 168m during the same period in the record year 2011. Sales were down slightly.
August 24, 2012
Borealis delivers solid profits in a difficult market environment
Borealis recorded a net profit of € 112m in the second quarter of 2012 compared to € 168m during the same period in the record year 2011.
August 9, 2012
Alfred Stern Joins Borealis Executive Board
Borealis, an Austria provider of chemical and innovative plastics solutions, announces the appointment of Alfred Stern as Executive Vice President for Polyolefins, effective July 1, 2012.
July 2, 2012
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Borealis Plans to Issue a Corporate Bond
The subsidiary of Austrian OMV and the Abu Dhabi investment fund IPIC may issue a corporate bond of up to € 200m.
June 20, 2012
Borealis: Intended New Bond Issue
The Austrian chemcial company intends to issue corporate bonds of up to € 200m.
June 14, 2012
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Borealis: Slowdown in Net Profits
The Austrian chemical company Borealis recorded a net profit of € 140m in Q1 2012, compared to € 174m in Q1 2011. Net sales were up from € 1.86bn to € 1.88bn.
May 11, 2012
Borealis Shows Strong Growth
The Austrian chemical company announces a net profit of € 507m in 2011, compared to € 333m in 2010. Sales rose from € 6.27bn to € 7.1bn.
February 23, 2012
Borealis Acquired PEC-Rhin S.A. from GPN
The Austrian producer of synthetic products took over French PEC-Rhin S.A. A price was not announced.
February 1, 2012
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Borealis to Acquire French Fertilizer Producer
The Austrian chemical company has made an offer to take over PEC-Rhin in its entirety.
November 25, 2011
Borealis’ Third Quarter Delivers Positive Results
The Austrian chemical company doubled its profit in an increasingly challenging market environment.
November 11, 2011
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29 Austrian Companies Ranked in "EU Industrial R&D Investment Scoreboard"
Benteler International, Voestalpine, Borealis, Intercell, Zumtobel are the first five Austrian firms in the “EU Industrial R&D Investment Scoreboard”. The ranking was prepared by the European Commission.
October 19, 2011
Borealis Doubles Profit and Expects Challenging Market Conditions
The Austrian chemical company delivered strong second quarter results despite a softening market environment.
August 11, 2011
Borealis Records Strong Results in the First Quarter
The Austrian chemical company achieved a net profit of € 174m, an increase of € 120m. Both the Polyolefins and Base Chemicals businesses improved versus last year's results.
May 19, 2011
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Vienna Stock Exchange: Winners and Losers (2011-04-13)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
April 14, 2011
Borealis Invests in Linz
The Austrian-Arab plastics manufacturer builds a new plant for € 75m at the Upper Austrian location.
March 9, 2011
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Significant Growth for Borealis
The Austrian chemical company records substantial growth in sales. Profits grew from € 38m to € 333m.
February 26, 2011
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