Page 13/14

Energy Industry

Italian Support for Nabucco

The Italian power company Edison cooperates with the Nabucco gas pipeline project. The aim is to create synergies.

December 28, 2010

REWE Group Focuses on Wind Power

6500 MWh of electricity per year are generated by wind turbines in the Lower Austrian Haindorf. The energy produced is bought by the REWE Group.

December 28, 2010

Further Rise in Energy Prices for Households

Austrian energy prices in November 2010 were higher by 5.8% compared to the previous year. Only gas became cheaper.

December 27, 2010

CO2 Emissions in 2009 Decreased by 4.75m Tons

Energy-related CO2 emissions decreased in 2009 in Austria by 4.75m tons or 7.4% to 59m tons, according to WIFO estimates

December 27, 2010

Slight fall in profits at Wien Energie

The municipal energy supplier achieved in the last fiscal year mostly stable results. Sales remained virtually unchanged.

December 24, 2010

OMV Gas Project is Delayed

Austria's OMV is involved in a joint venture for a liquid gas project in Croatia. Delays are expected.

December 23, 2010

OMV Closes Acquisition of 54.14% in Petrol Ofisi

OMV, an Austrian energy group, completed the acquisition of a 54.14% stake in Petrol Ofisi A.S.

December 22, 2010

Changes in Board of Bewag have been Completed

The energy supplier from Burgenland gets a new board after a seven-week long call for tenders.

December 22, 2010

Verbund Starts Restructuring in France

The Austrian energy company takes full control of the Poweo production subsidiary Poweo Production S.A.S.

December 22, 2010

Further Increases in Prices of Industrial Goods

Increase in industrial producer prices in October 2010 is, according to Statistik Austria, +4.0% compared with the same month last year.

December 20, 2010

Austrian Economic Chamber focuses Growth Market China

Minister of Economy Mitterlehner presented together with the President of the Economic Camber, Leitl, strategies for the export market China.

December 17, 2010

Inflation falls to 1.9% in November

According to calculations by Statistik Austria, the inflation rate for November 2010 was 1.9% after 2.1% in October. Price drivers are energy and housing.

December 16, 2010

EVN Reports Growing Results

The energy provider from Lower Austria could raise its EBIT by 6.9%. EBITDA grew by 11.6%. Revenues remained stable.

December 16, 2010

EVN: Changes in the Executive Board of EVN

The energy supplier located in Lower Austria announces the early retirement of Burkhard Hofer, member and spokesman of the Executive Board.

December 15, 2010

Linz AG: Decrease in Operating Profits

The Upper-Austrian energy supplier experiences a slight increase in sales. Profits declined. However, the board states to be “satisfied”.

December 14, 2010

New Board Member at OMV

Supervisory Board of OMV: Manfred Leitner appointed to the OMV Executive Board with effect from April 1, 2011.

December 14, 2010

OMV: Nabucco Underway as Planned

Austrian OMV considers that the gas pipeline project of European energy companies is developing according to plans.

December 10, 2010

Central European Gas Hub Launch Futures Market

Central European Gas Hub and Vienna Stock Exchange launch futures market on the CEGH Gas Exchange of Wiener Börse. CEGH also operates in the OTC market.

December 10, 2010

Turkey: Verbund Fails in Privatization

The Austrian-Turkish joint venture was unable to participate in the privatization of the Turkish power grids. The Group's objectives remain valid nonetheless.

December 8, 2010

Increase of Austrians’ Purchasing Power

Despite higher taxes and lower benefits, the purchasing power of the Austrian people will grow in 2011 by an estimated 2.6%.

December 7, 2010

Strong Sales Growth at Infineon Austria

The semiconductor manufacturer increased sales by 47% in 2009/10. The Austria location will be expanded.

December 6, 2010

BDI - BioEnergy Builds Biodiesel Plant in Belarus

The Styrian company expands its operations to Belarus. The order value amounts to € 10m.

December 6, 2010

Trade Between Russia and Austria is Booming

The volume of trade between Austria and Russia has increased by 30%. Innovation and modernization are core issues for both countries.

December 6, 2010

Wind Energy: Austrian Suppliers Export for € 450 million

More than 100 domestic companies are already working in the rapidly growing industry. Cooperation is to be strengthened now.

December 2, 2010

Austria's Industry Welcomes Electricity Reform

Whereas Industrialists and the Economic Chamber (WKO) are asking for enactment today, the Umweltdachverband (UWD, Environmental Federation) is against it.

December 1, 2010

Renewable Energy: Great Potential, but Halted by Politicians

The Umweltdachverband (UWD, Environmental Federation) criticizes sharply the energy policy of the Austrian Government. Investments are made mainly in obsolete technologies

November 29, 2010

A-Tec: Kovats’s Prestige Projects on the Brink

Due to the insolvency of the A-Tec Group. founder and CEO Mirko Kovats will have to give up prestigious projects such as his A-Jet.

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

OMV Supervisory Board: Confirmation of Ruttenstorfer as CEO

Being accused to insider trading, the other members of the board as well as the supervisory board demonstrated to have confidence in CEO Dr. Wolfgang Ruttenstorfer.

November 25, 2010

Wiener Stadtwerke Inaugurates New Headquarters

The largest Viennese infrastructure company concentrates its activities at the new headquarters and also sets a mark for urban development.

November 24, 2010

SW Umwelttechnik Announces Q1-Q3 2010 Results

The Vienna Stock Exchange-listed company, SW Umwelttechnik, was able to increase its turnover by 15 % to € 54.2m compared to the previous year when it reached € 47.0m.

November 24, 2010

Austria's Energy Consumption Falls

The energy consumption of Austria decreased in 2009 compared with the previous year by 4%. Mainly industry and transport reduced their consumption.

November 23, 2010

OMV's Supervisory Board Supports CEO Ruttenstorfer

The allegations of insider trading made by the Financial Market Authority are uncomprehensible, says member of the supervisory board Norbert Zimmermann.

November 23, 2010

OMV Sells 56 Gas Stations to PKN Orlen

56 gas stations in the German states of Thuringia and Saxony go to a subsidiary of the Polish oil group PKN Orlen.

November 19, 2010

Little Progress for Southstream

The Russian energy group Gazprom has difficulties with the Southstream pipeline project. The optimal path has to be found first.

November 18, 2010

Suspicion of Insider trading: Ruttenstorfer receives support

After the Vienna Public Prosecution's charges against OMV's CEO Ruttenstorfer, the latter now receives support. It is being said that he has merely been "clumsy".

November 18, 2010

Industry Welcomes EU Energy Infrastructure Package

Secretary General of the Federation of Austrian Industrialists, Markus Beyrer: the package is also important to achieve energy and climate objectives.

November 17, 2010

AE&E: Staff asks for continuity concept

The staff of A-Tec's subsidiary AE&E (Austrian Energy & Environment) call on the negotiators in the restructuring process to ensure continuity.

November 17, 2010

Strabag: Takeover of h s energieanlagen Austria

STRABAG SE increases its stake in h s energieanlagen Austria from 43 percent to 100 percent in order to enlarge fluidised bed technology for energy production.

November 17, 2010

Consumer Price Inflation up to 2.0% in October 2010

Main drivers for inflation are energy prices. Thus, inflation further accelerates.

November 16, 2010

Infenion Announces 4Q 2010 Results

Quarterly revenue up by 6 percent sequentially. Segment Results of € 171m, a 24 percent increase from prior quarter.

November 16, 2010

Wind Energy: Vendors Pressed for Time

Promotion for Austrian wind energy expires in 2012. The industry has only recently been able to set up new facilities.

November 12, 2010

Linz AG: Pause After Investment Offensive

The municipal company recorded extraordinary high capital expenses in 2009. The next projects are still in the planning phase.

November 11, 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

OMV Announces Results of January – September 2010

Austria´s biggest company posts a strong operating performance compared to previous year.

November 10, 2010

Nabucco: First Deliveries Before Year-End

While sharp criticism of the pipeline project is heard again from Moscow, there is optimism at Nabucco.

November 9, 2010

Windtec: World Market Leader In Only 5 Years

The Carinthian developer of wind turbines has catapulted in just five years to the the position of global market leader.

November 8, 2010

Umweltdachverband: Electricity Industry Power Plant List is Utopian!

Energy projects are unrealistic, alternatives have been ignored and the environment is neglected completely, according to the accusations.

November 8, 2010

Energy Industry: Tough Start for Expansion

The domestic energy industry has numerous plans to expand capacity. However, political will is containing them.

November 5, 2010

Energy Companies are Investing € 6.2 bn

Austria's electricity companies are currently planning the construction and expansion of more than 80 power plants.

November 4, 2010