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VBAG is Forced to Continue Radical Downsizing Measures
The partly nationalized and financially stricken Austrian banking group has to implement a painful restructuring concept. At the moment, VBAG sells its properties.
March 15, 2013
Austria: AMAG EBITA Dropped in 2012
The Amag Group achieved sales of 814.2 mEUR in the fiscal year 2012 and continues on the prior year's level of 813.1 m EUR despite the average price of aluminium falling 370 USD/t.
March 14, 2013
Austria: Zumtobel Attracted Attention of FMA
The sudden price slump of 6 % for shares astonishes the authorities. Profits have dropped from € 18.0m to € 9.7m.
March 6, 2013
Assets Become More Risky in CESEE Countries
According to S&P, the exposure of Austrian banks in the CESEE region has become more risky.
February 15, 2013
FDI Inflow Remains Weak in Romania
Romania has recorded a low foreign trade deficit and current account deficit in Q4 2012. The low inflows of foreign capitals into the private sector persist, Raiffeisen Research says.
February 2, 2013
Budapest Stock Exchange: One of the Region's Most Liquid Markets
Despite the globally dwindling capital market activity, the Budapest Stock Exchange (BSE) still remained one of the region's most liquid markets in 2012.
February 1, 2013
Erste Group´s CEO Wants to Create CESEE Stock Exchange
Andreas Treichl, CEO of the Austrian banking group, would like to create an alliance between CEE Stock Exchange Group (CEESEG) and Warsaw Stock Exchange (WSE).
January 23, 2013
Deripaska Increases Stake in Strabag
The Russian industrialist Oleg Deripaska buys 0.6% of Strabag shares. In total, he holds a stake of 18.2%.
January 18, 2013
WSE Has New Management
Adam Maciejewski will replace Ludwik Sobolewski as CEO of Warsaw Stock Exchange.
January 17, 2013
WSE Among Europe’s Top Five Markets by Value of IPOs in 2012
The WSE ranked #1 in Europe by the number of IPOs and #5 by the value of IPOs in 2012.
January 17, 2013
SBO: Higher Earnings Ahead
The Austrian oilfield equipment producer Schoeller-Bleckmann (SBO) will present its results for 2012 next Thursday.
January 15, 2013
Austrians Still Prefer Traditional Investments
According to a survey carried out on behalf of the investment fund Fidelity Worldwide Investment, Austrians tend to conservative investments.
January 14, 2013
Fitch: Austrian Banking Industry Depends on CESEE
According to the U.S. rating agency, the situation of Austrian banks strongly depends on the development in central, east and southeast Europe.
January 14, 2013
Austrian Equity Market: RBI Demonstrates Optimism
Raiffeisen Bank International: “Buy recommendations for Austrian and CEE shares: RHI, CA Immo, Bogdanka, Ciech and MTS”.
January 10, 2013
CESEE Equity Market: Upside Trend after Slow Start
Country allocation: An overweight on Russia is a strong bet for the coming quarter and mostly based on liquidity searching for an option after Turkey performing so strongly, Erste Group says.
January 7, 2013
No IPO´s at Vienna Stock Exchange
Last year, VSE did not record a single initial public offering. Nevertheless, the equity market performed satisfyingly.
January 3, 2013
Vienna Stock Exchange: Management Demonstrates Optimism
Birgit Kuras, CEO of Vienna Stock Exchange, is satisfied with the performance of the Austrian main index ATX.
December 30, 2012
Equity Market: Erste Group Cautiously Optimistic
Earnings are expected to grow again, but vulnerabilities remain. The global debt crisis remains unsolved, Erste Group says.
December 29, 2012
CESEE Asset Quality: “Not out of the woods”
In terms of asset quality the banking sector trends in CEE remain a mixed bag, Raiffeisen Research says.
December 20, 2012
Outlook: Vienna Stock Exchange Optimistic
This year, Vienna Stock Exchange was clearly on the rise: ATX climbs by 28 per cent in 2012.
December 20, 2012
“CEE Strong Than Western Eurozone”
Erste Group publishes its Outlook Stock Markets and Vienna Stock Exchange 2013. The Sovereign debt remains the biggest problem, Erste Group says.
December 19, 2012
Legal Merger of Raiffeisen Bank Polska and Polbank EFG Approved
Approval is starting point for unification of market approach and operational merger process. Cost synergies to be achieved by optimization of the branch network and the staff number, among other measures.
December 5, 2012
Porr: Renaissance Group to Enlarge its Interest
The Turkish Renaissance Group owns a 10% interest in Porr and wants to reach a blocking minority at the Austrian construction company.
November 23, 2012
Bawag: Cerberus Shares Ownership with U.S. Hedge Fund
The U.S. hedge fund Golden Tree Asset Management becomes a 40% shareholder at the Austrian bank.
November 19, 2012
U.S. Investors Dominate Viennese Prime Market
Vienna Stock Exchange Road Shows in Zurich and New York Garner Great Interest.
November 19, 2012
Telekom Austria Under Pressure
The biggest telecommunication operator in Austria is expected to record lower profits. Moreover, the share price has reached an all-time low today.
November 12, 2012
Immofinanz to Increase Dividends
Eduard Zehetner, CEO of Immofinanz does not exclude to increase dividends to € 0.2 per share.
October 19, 2012
CA Immo to Downsize
Florian Nowotny, CFO of the Austrian real estate company announces further property sales.
October 19, 2012
Vienna Stock Exchange Wants Austrian Post to Become Privatized
Birgit Kuras, CEO of Vienna Stock Exchange, wants the Austrian state to reduce its 53% stake in Austrian Post.
October 19, 2012
Vienna Stock Exchange Wants Further Privatizations
CEE Summit of the Vienna Stock Exchange: “Privatizations as a Driver of the Economy and the Capital Market”.
October 11, 2012
Immofinanz Announces Dividend of € 0.15 Per Share
The annual general meeting of the Austrian real estate company resolved to increase the dividend from € 0.10 to € 0.15 per share.
October 5, 2012
Erste Group´s Core Shareholder Sells 14 million Shares+
Erste Stiftung, the core shareholder of Austrian Erste Group, remains the biggest shareholder, though.
October 2, 2012
Raiffeisen: CEE Network to be Closed
Austrian RBI (Raiffeisen Bank International) announces that the expansion in Central and Eastern Europe will be concluded soon.
October 1, 2012
CEE Equity: RBI Cautiously Optimistic
RBI forecasts a slight increase in yields for Poland, Hungary, Russia and the Czech Republic. Austrian ATX should grow moderately in the next 12 months.
September 28, 2012
Vienna Stock Exchange and Istanbul Stock Exchange Join Forces to launch Two New Indices
The stock exchanges of Istanbul and Vienna have joined forces in a unique cooperation project and launched the IBTX (Istanbul Traded Index) and IBTX Banking today.
September 28, 2012
Slovenia “No Bail-Out Candidate”
Slovenia ´s former Prime Minister Anton Rop is optimistic that the country will manage the crisis.
September 27, 2012
EVN´s Subsidiaries to Delist
EVN: Delisting of EVN's two Bulgarian subsidiaries from the Bulgarian Stock Exchange.
September 24, 2012
Immofinanz Announces Massive Share Repurchase Program
The executive board of IMMOFINANZ AG has resolved to carry out a repurchase programme of treasury shares based on the authorisation by the 18th ordinary sharehold-ers’ meeting of 28 September 2011.
September 24, 2012
Telekom Austria: Drastic Dividend Cut
Telekom Austria Group Cuts its Dividend to € 0.05 for the Years 2012 and 2013. Last year, the dividend came at € 0.38.
September 24, 2012
Mayr-Melnhof to Become Market Leader in Colombia
The Austrian carton producer Mayr-Melnhof Packaging acquires Colombian Plegacol and creates a new Colombian market leader in folding cartons.
September 17, 2012
„Becoming Number Five Until 2015“
In an interview with the Austrian newspaper „Presse“, Uniqa´s CEO Andreas Brandstetter is optimistic to become a big player in the insurance industry in the CESEE region.
September 15, 2012
Erste Group Expects Higher Equity Quota
The Vienna-listed Erste Group expects that a new minimum equity quota will be prescribed in 2013.
September 12, 2012
Capital Increase at voestalpine
The Austrian steel company resolves to increase registered capital by 2% in order to further expand employee shareholding scheme.
September 12, 2012
UNIQA Establishing Market-Friendly Group Structure
The Austrian insurance group aims to create a new, streamlined Group structure to prepare for the Re-IPO.
September 11, 2012
Romanian Romgaz to be Privatized
The privatization of Romgaz at Bukarest Stock Exchange may become Romania´s biggest IPO. According to the Romanian news agency hotnews, other big privatizations in Romania may be postponed.
September 10, 2012
Bad Times for Vienna Stock Exchange
Compared to August 2011, stock turnover fell by 66% last month. Turnover only reached € 2.3bn.
September 4, 2012
Strabag´s Free Float at 14%
Due to share-buy backs, the free float of the Austrian construction company went down to 14%.
September 4, 2012
Foreign Investors Dominate at WSE
Warsaw Stock Exchange: The share of foreign investors in trade on the alternative market has increased substantially. WSE’s Main Market has remained stable after the previous period with foreign investors still in the lead.
September 1, 2012
Re-IPO to Increase Uniqa´s Free Float
In 2013 or 2014, the Austrian insurance company plans a Re-IPO. At the moment, the preparations are already under way.
August 29, 2012
Investments: Gold and Real Estate on the Rise
Compared to 2007, Austrian savers shift their assets towards gold and real estate. Investment funds and shares are less popular.
August 13, 2012
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