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Equity Markets
Austria Savers Remain Cautious
For 67% of Austrian savers, savings’ security is a priority. High yields only plays a role for about 10% .
February 5, 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
Superfund Seeking for Investors in Japan
The Austrian investment fund intends to raise new funds via Japanese institutional investors. The volume is said to account for $ 100m
February 3, 2011
Constantia Packaging Sells Austrian Subsidiaries
The industrial holding owned by the US-american JP Morgan sells the board manufacturer Duropack and the aluminium company AMAG.
January 31, 2011
CA Immo: „Bid of UniCredit too low“
UniCredit intends to increase its stake on the Austrian CA Immo up to 29%. The board regards the bid of € 12.35 per share as being “too low”.
January 30, 2011
12% of Austrian Population at Risk of Poverty
Europe 2020 strategy against risk-of-poverty and exclusion: Every sixth person in Austria is in target population.
January 21, 2011
voestalpine: Increased Employee Participation Possible
For the CEO of the Austrian steel group, Wolfgang Eder, the increase of the participation from the current 13.3% to around 16% is envisaged.
January 21, 2011
Weak Capital Base of Austrian Banks
According to the rating agency Standard & Poor's (S&P), Austria's major banks are equipped with very weak equity by international standards.
January 20, 2011
Life Insurance Continues in Demand
While Austrian private investors have less savings, rights to pensions and life insurances rise.
January 19, 2011
Record of Assets under Management for C-Quadrat
The investment fund was able to increase the managed assets in Austria by 26% to € 3.3bn. The volumne of new investments in 2010 amounts to € 804m.
January 19, 2011
Austria Savers Remain Conservative
Saving behavior in Austria remains unchanged with a high degree of popularity of traditional building savings plans and bank savings accounts.
January 13, 2011
Strong Merger Growth in Austria
The number of mergers has increased in 2010 by 12%. The Federal Competition Commission reported 238 cases.
January 12, 2011
Analysts: Outstanding Forecasts For ATX
According to analysts, the Austrian Stock Index ATX will continue its strong upward trend in 2011. Double-digit growth rates are expected.
January 7, 2011
Satisfaction at CEE Stock Exchange Group
The CEE Stock Exchange Group (CEESEG) looks back at a “busy and successful year 2010”.
January 5, 2011
CEE Stocks to Climb by 20% in 2011
Erste Group analysts recommend: stock picking rather than sector allocation. 2011 to be a positive year for equity investments.
January 5, 2011
The ATX Celebrates its 20th Anniversary
Despite long-term attractive returns of the ATX, Austrians are not eager to invest in shares.
January 3, 2011
Record performance for the ATX
The main index of the Vienna Stock Exchange managed to get into a top position in international comparisons. The losses caused by the crisis could be partially offset.
December 30, 2010
Bank Austria CEO Cernko: Austrian Banks Fight Securities Tax
The CEO of Bank Austria, Willibald Cernko, was interviewed by the newspaper “Kurier”. He announced that Austrian Banks will call the Constitutional Court.
December 29, 2010
Good Prospects for the Vienna Stock Exchange
According to the analysts, the upward trend due to good economic data and corporate earnings on the Vienna Stock Exchange will continue.
December 22, 2010
Urgent Need for Capital at Austrian Banks
Walter Rothensteiner, Chairman of RZB as well as the Credit Division of the Economic Chamber, considers that domestic banks are under massive capital pressure.
December 21, 2010
Complaint of Unconstitutionality against Securities Capital Gains Tax
Austria banks and investment companies file a complaint before the Constitutional Court against the as of next year introduced tax on securities capital gains.
December 14, 2010
Volksbanken: State Aid to be Repaid
The Austrian Volksbanken (ÖVAG) will reportedly pay back more than the agreed € 300m of state aid in 2010.
December 8, 2010
Financing Requirements for Building Societies
According to Basel-III regulations Austrian building societies will require amounts in the hundreds of millions to equip themselves with sufficient equity.
December 8, 2010
Equity Requirements of Austrian Banks are € 18 billion
Due to the new Basel III regulations, Austrian banks will need a much stronger capital base by 2019. The estimation is € 15 billion to € 18 billion.
December 2, 2010
Government Adapts Capital Gains Tax on Securities
Taxation will be implemented from October 1; loss compensation is allowed. There are no essential changes however.
November 29, 2010
Food Industry Under Pressure
Above all, lack of capital and high labor costs are plaguing Austrian food producers.
November 24, 2010
ATX: Institutional Investors Remain a Central Component
According to a study from Ipreo, especially Anglo American institutional investors are involved in ATX companies in addition to Austrian investors.
November 15, 2010
Basel III: Banks Expect Lower Profits
Private banks will have to adjust to lower profits because of Basel III regulations..
November 11, 2010
Too Few New Companies?
Austria comes out of the international comparison poorly in terms of start-up companies. The major problem is the lack of venture capital, according to the studies.
November 2, 2010
Bank Austria CEO Cernko: No More Bank Tax Soon
Due to Basel III, location reasons and to safeguard jobs, the bank tax will only be effective temporarily, according to Cernko
October 22, 2010
OMV Deal: Many Questions Without Answer
Not only the extent of the takeover is unknown, but also how it will be financed.
October 22, 2010
Raiffeisen CEO Stepic: The Crisis in Eastern Europe is Not Over Yet
The RBI boss explains why recovery is taking longer, why his institute does not want to pay back the state capital yet, and why he considers that Raiffeisen is being treated unfairly.
October 22, 2010
aws-mittelstandfonds: Participation in New Telecom Holding in Carinthia
The fund of the Austria Wirtschaftsservice-Agentur (Austrian Economic Service Agency), a company launched last year to finance medium-sized businesses, has now acquired its fourth participation.
October 20, 2010
IMF Considers Recovery as "Moderate and Uneasy"
Growth in Europe seems to be normalizing slowly. Dynamism is missing though, and many vulnerabilities are as yet unresolved.
October 20, 2010
FMA and OeNB Welcome the Basel III Agreement
The package draws the right lessons from the financial crisis and provides for reasonable transition periods.
September 14, 2010
Banks-Stress Test - Friday evening moment of truth
At 6pm the Association of European Banking Regulators publish the result of the test of 91 European financial institutions. In Austria, Erste Bank, RZB and Bank Austria will be tested.
July 21, 2010
Banks' equity - "Basel III costs 46 000 jobs"
The stricter rules for the equity of banks will reduce lending by up to 20 percent, says the Institute for Advanced Studies (IHS) in Vienna.
July 21, 2010
Erste Bank recommends formation of small cash reserves
The investment experts of “Erste Bank” recommend, from the third quarter, formation of small cash reserves in the amount of 5% in the conservative portfolio and 7.5% in the dynamic portfolio.
June 29, 2010