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June 30, 2022
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Consulting Industry

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Vienna is Becoming the Start-up Capital of Austria

Vienna's start-ups generated an added value of 3.9 billion euros in 2021, making it the most popular place in Austria for start-ups. Read more about the start-up environment in Vienna and what it has done for the Austrian economy.

February 9, 2022
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Women on the Boards of Austrian Listed Companies: Only 14 out of 192

A study shows that women are still significantly underrepresented on the boards of Austrian companies on the Vienna Stock Exchange. The number of female board members in Austria's listed companies has decreased by one woman compared to the beginning of 2021, leaving the total at 14 out of 192. Read more about the details of the study.

September 6, 2021
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The Rich in Austria: Dollar Millionaires Up 5.3 Percent to Record 163,300

The number of so-called high net worth individuals (HNWIs) in Austria grew by 5.3 percent from 2019 to 2020 to 163,300 dollar millionaires. This is 8,200 more HNWIs than in the same period last year.

July 17, 2021

Austrian Show Case „Engineering“ in Denmark

From 5. September 2012 to 6. September 2012, the Austrian consulting and engineering sector presents its knowledge and skills in Copenhagen.

June 29, 2012
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Strong Growth in Austrian Consulting Industry

The Austrian consulting industry created 6.2% of Austria´s GDP in 2011. The revenue of the industry went up by 9.2%.

May 10, 2012

Plaut Improved Sales and Earnings

The Austrian Plaut Aktiengesellschaft, listed on the General Standard segment of the Frankfurt Stock Exchange, announced its provisional and unaudited consolidated result for fiscal 2011.

February 27, 2012
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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

Good Outlook for Raiffeisen Investment

The Austrian merger advisor Raiffeisen Investment AG posts deal volume of € 3.5bn for the first three quarters 2011. Further projects are negotiated.

November 8, 2011

S&T Shareholders Approve Capital Increase

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

October 25, 2011
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Negative Results for S&T

The Austrian IT service provider S&T had to report losses in the third quarter of 2011. Sales were below expectations.

October 22, 2011

Plaut with Increased Sales and Earnings after Three Quarters

The consulting group, which is listed at the Frankfurt Stock Exchange, announced a 14% sales increase for the first nine months of the year. EBIT more than doubled to € 0.5m.

October 20, 2011
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Funding Situation for S&T Secured

The Austrian IT-company could successfully conclude an agreement on capital increase and debt relief of banks.

October 4, 2011

Serbia as Growth Market for Denkstatt

The Vienna-based environment consulting group Denkstatt intends to gain a foothold in Serbia.

September 19, 2011

Strong Sales Growth for Plaut

The consulting group, which is listed at the Frankfurt Stock Exchange, announced a 16% sales increase. EBIT improved to € 420,000 in the first half of 2011.

August 10, 2011
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Wolf Theiss Identifies Opportunities in CEE Electricity Markets

Significant legislative changes particularly in Bulgaria and Romania, two of the most dynamic markets for RES-Electricity in the CEE/SEE region, have resulted in a dramatic increase in investor and other stakeholder interest in such projects.

May 3, 2011

Sales Increase for Plaut

Plaut Aktiengesellschaft, which is listed on the General Standard segment of Frankfurt Stock Exchange announces a significant growth in sales as well as profits.

April 28, 2011
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AWD Austria Records Losses

The Swiss/German financial consulter could not manage the turnaround in 2010.

March 5, 2011

S&T Restructuring: Agreement with Banks Concluded

Detailed negotiations with banks were successfully concluded by the Austrian software company.

February 23, 2011

Refunding at S&T Accepted by Banks

The Austrian software company could close a “refinancing package” with its creditors. S&T sells subsidiaries in Ukraine and Moldova.

February 1, 2011
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Humanomed to Expand to CEE/SEE

The Austrian Humanomed-Group, a health care company, sees potential to expand to countries in (South) Eastern Europe.

January 28, 2011

New Board Member at S&T

The Austrian IT-consulter S&T appoints Michael Lanik as Chief Restructuring Officer.

January 26, 2011
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Wolf Theiss Starts Advice For Basel III

In response to the challenges presented by Basel III, the Austrian consulting company has formed a special "Basel III Task Force".

January 4, 2011

Profit Warning at S&T

The Q4 data of the Austrian software consulting company show negative operational results.

December 31, 2010

Brain Force Reports Positive Turnaround

Brain Force Holding AG, an Austrian IT services provider, announced its business results for the 2009/10 fiscal year.

December 21, 2010
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Beko: Sales Drop by 15%

The Austrian IT company Beko Holding AG has to accept sensitive decreases in sales and profits.

December 16, 2010

Controversies About S&T Personnel

The chairman of the Vienna-based IT services provider, Thomas Streimelweger sues the supervisory board because of his dismissal, which he allegedly offered.

December 16, 2010
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CEO Streimelweger leaves S&T

After the difficulties of recent months CEO Thomas Streimelweger is leaving the Vienna Stock Exchange listed company.

November 23, 2010

S&T Seeks to Refinance Bonds

The Vienna-based IT service provider wants to have a sound financing basis. New investors are also being sought.

November 19, 2010

GPA: Private Employees Receive 2.2% Salary Increase.

Bigger salaries in trade, crafts and consulting: the negotiators consider this to be a "reasonable result".

November 17, 2010
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S&T Denies Bankruptcy Petition

The Vienna Stock Exchange listed IT company provides S&T is facing widespread allegations. It has been rumored that the company is faced with a bankruptcy petition.

November 12, 2010

Taxand opens CEE headquarter in Vienna

Taxand, a global organization of tax advisory firms, welcomed Taxand Austria to its fold. Each firm in each country is a separate and independent legal entity responsible for delivering client services.

October 1, 2010

AWD back in black

The financial services group AWD Holding AG returned to profitability and achieved a profit before interest and taxes (EBIT) of €20.4m. In the same period last year AWD had at deficit of €10.3m, the EBIT margin is at 7.8 percent.

August 18, 2010
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