Capital Increase

Concerns Over Bank Austria´s Holding Company

Share prices of the Italian UniCredit fell drastically over the last days. The major bank urgently needs a capital increase.

January 7, 2012

Erste Group Increased Share Capital

The Austrian bank raised its capital in connection with the agreement to acquire shares in Romanian BCR.

December 30, 2011

Raiffeisen to Strengthen Equity Base

RZB shareholders' general meeting resolves the issuance of participation capital worth € 600m.

December 28, 2011

Capital Increase for Raiffeisen Hungary

In light of massive loss expectations the Hungarian subsidiary will reduce its headcount and close down several branches.

December 23, 2011

Rumors Say Raiffeisen Looking for New Investors

According to newspaper reports, the Austrian Raiffeisen Zentralbank (RZB) has talks with banks in Sweden and Norway. RZB denies such information.

December 19, 2011

€ 230m Capital Increase at Hypo Tirol

The province of Tyrol, the owner of Hypo Tirol, decided to strengthen the bank´s capital base. From where the funds will be provided, is not clear yet.

December 12, 2011

Hypo Tirol Needs Capital Increase

The Tyrolean bank suffers from a low equity capital quota. After major write-offs in Italy, the core capital amounts to 5.8%.

December 7, 2011

Polish Financial Market Authority Claims RBI´s Quotation

The Vice-President of the Polish financial market authority, Wojciech Kwasniak, asks the Austrian Raiffeisen Bank International to quote in Warsaw, besides the listing in Vienna.

December 3, 2011

Porr Considers Capital Increase

In order to realize further growth, the owners of the second-largest Austrian construction company plan to raise the equity base.

December 3, 2011

Quanmax Increases Share Capital

The Austrian distributor of IT products will use the proceeds for the acquisition of S&T. The management and major core shareholders guarantee 90% of the capital increase.

December 1, 2011

S&T Realizes Capital Increase and Investor Participation

Quanmax AG and grosso holding are new majority shareholders of the Austrian IT consulting company, which is planning to return to profitability in three phases.

November 24, 2011

Capital Increase for Energie AG

The Upper-Austrian regional energy provider will raise its capital by € 200m.

November 5, 2011

S&T Shareholders Approve Capital Increase

Recapitalization of the Austrian IT consulting company authorized in today’s Extraordinary General Meeting.

October 25, 2011

Palfinger Aims for Growth in China

The Austrian crane manufacturer, which has recently published a capital increase, will use these funds for further investments in China.

October 15, 2011

Palfinger Plans Capital Increase

The Austrian crane producer is gearing up for further growth. An extraordinary General Meeting has been called for 3 November.

October 13, 2011

RBI: Capital Injection for Hungarian Subsidiary Likely

The Austrian bank’s losses from the conversion of foreign currency loans will amount to approximately € 100m.

October 7, 2011

Teak Holz Cancels Capital Increase

The Upper Austrian timber company will delay its expansion to a later point in time. Forest management and other projects are not affected by the decision.

September 24, 2011

Erste Group: BCR Needs Capital Boost

The Austrian bank’s Romanian subsidiary may need additional capital due to high risk costs and the overall economic situation.

September 16, 2011

RBI – Capital Increase May Be an Option

The Austrian bank posted strong results for the first six months of the year. Consolidated profit increased by almost one third year-on-year.

August 25, 2011

Teak Holz to Raise Capital for Expansion

The Upper Austrian timber company announced a capital increase by € 15.6m. The funds will be used to boost growth.

June 28, 2011

HTI Successfully Completed Capital Increase

The Austrian technological group raised € 6.6m of additional equity. The capital increase was over-subscribed by 26%.

June 27, 2011

KTM: Capital Increase Completed Successfully

The Austrian motorcycle manufacturer strengthened its share capital by € 14m by issuance of 400,000 new bearer shares. Main shareholders are CROSS Industries with 50.1% and Bajaj with 39.79%.

June 21, 2011

RBI Could Raise More Than € 3bn

The Austrian bank prepares for issuing up to 97.75 million new shares. The company has not yet set a timetable for redemption of capital injected by the state.

June 8, 2011

HTI Announces Capital Increase

The Austrian technological group will raise about € 6.6m. Subscriptions for half of the volume have already been confirmed.

June 6, 2011

Fabasoft Planning Capital Increase

The Austrian software company prepares for a capital increase by € 2.5m.

June 3, 2011

Lenzing AG: Capital Increase and Sale of Existing Shares

The Austrian fiber manufacturer announced a capital market transaction which will increase free float from 10% to 33-35%.

May 30, 2011

Bank Austria Invests in the Turnaround of its Kazakh Subsidiary

Bank Austria increases ATF’s capital in order to make it profitable. Loss in the year 2010 amounted to € 163m.

May 16, 2011

Sanochemia: Capital Increase Disappointing

The Austrian pharmaceutical company could not meet its own expectations regarding the capital increase. A strategic investor bailed out.

April 18, 2011

OMV: No Sale of Stake in Borealis

The Austrian energy group OMV holds 36% of Borealis. IPIC, itself involved in OMV appears to be interested in the OMV share.

April 15, 2011

Verbund: Expected Improvement in Earnings for 2011

Wolfgang Anzengruber, CEO of the Austrian energy group Verbund, foresees growth in earnings and a stable result for 2011

April 14, 2011

AMAG: € 170m Special Dividend before IPO

The owner of the Austrian metal company will sell 60% to 80% of the shares. Moreover, a capital increase is planned.

March 15, 2011

Capital Increase for Lenzing AG

Lenzing and B & C announce plans for Public Offering of Lenzing shares. € 75m are to be raised.

March 9, 2011

OMV Capital Increase Likely

Due to massive acquisitions in recent months, the Austrian OMV has to refinance. A capital increase is the most favorable option.

February 9, 2011

RBI Faces an Increase in Equity

The Austrian Raiffeisen Bank International will strengthen its equity, announces Attorney General Konrad.

February 8, 2011

Energie AG Plans Capital Increase

The Upper-Austrian energy company is to raise funds in order to realize further investment projects.

February 7, 2011

Privatizations Could Raise up to € 24bn on Vienna Stock Exchange

Especially the privatization of public infrastructure and energy companies could increase the market capitalization of the Vienna Stock Exchange considerably.

February 3, 2011

Upper Austrian Manufacturing Industry on Investment Course

AMAG and Lenzing show ambitions to be listed again on the Vienna Stock Exchange. Energie AG massively increases its investment budget.

January 21, 2011

OMV: Moody´s Warns Against Downgrade

The Austrian energy group has to refinance its acquisitions in Turkey and Tunisia. The American rating agency puts pressure on OMV.

January 10, 2011

OMV: Market Predicts Capital Increase

Due to acquisitions and the rating situation, analysts expect a capital increase of Austria's energy group.

January 7, 2011

Austrian Federal Railways Needs € 400m

Christian Kern, CEO of the Federal Raiways (ÖBB), backed up his call for a capital increase.

January 3, 2011

Drastic Job Cut at ÖBB

The Austrian Federal Railways cuts 650 posts at its freight division Rail Cargo Austria (RCA).

January 1, 2011

Intercell Raises Authorized Capital

The Management Board of the Austrian biotechnology company is authorized to increase the share capital up to a nominal amount of € 855,000.00.

December 16, 2010

DO & CO Completed Capital Increase

The Capital Increase of Do & Co Restaurants & Catering AG has taken place successfully. The subscription and offer price was set at € 21.90

November 29, 2010

Verbund Completes its € 1bn Capital Increase

Vienna Stock Exchange listed Verbund AG successfully completed its capital increase and placed 39,215,686 new shares.

November 26, 2010

ÖBB-CEO Kern Reconstructs Freight Division

After the decisions made about personnel, Kern wants to make the freight division profitable again. The group’s CEO has accorded himself three years for the process.

November 26, 2010

Kneissl: Bankruptcy Application Possible Despite Capital Increase

The traditional Tyrolean ski manufacturer Kneissl is possibly facing lawsuits and bankruptcy applications.

November 25, 2010

OMV Plans to Expand Further in Turkey

The Austrian oil and gas group is still assessing the best form of financing Petrol Ofisi. Further projects in Turkey are being evaluated.

November 22, 2010

Verbund: Further Expansion in Turkey

The power company intends to increase its presence in the rapidly growing Turkish market. But above all, investments will be made in Austria.

November 10, 2010

DO & CO: Capital Increase by 25 Percent

DO & CO has decided to carry out a capital increase of 25 %.Maximum subscription and offer price amounts to EUR 21.90.

November 8, 2010

Verbund: Warning Concerning Profit

Despite worsening results, the Verbund Group holds fast to the capital increase. Core shareholders go along.

October 28, 2010
Fast News Search