OMV

Vienna Stock Exchange: Winners & Losers (2011-03-01)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

March 2, 2011

Vienna Stock Exchange: Winners & Losers (2011-02-25)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

February 26, 2011

Significant Growth for Borealis

The Austrian chemical company records substantial growth in sales. Profits grew from € 38m to € 333m.

February 26, 2011

Libya: OMV Foresees no Shortages

The CEO of the Austrian OMV considers not to have underestimated the risks in Libya.

February 24, 2011

Strong Growth in Results for OMV

The Austrian energy company OMV records a strong increase in EBIT as well as profitability.

February 24, 2011

OMV Expects Reduction in Oil Production in Libya

The Austrian energy company, which also operates in Libya, cannot eliminate any possibility of a decline in the oil production anymore.

February 23, 2011

Libya: Withdrawal of Austrian Companies

Most Austrian companies are getting their employees out as the result of violent riots in Libya.

February 22, 2011

Southstream: Gazprom-OMV Cooperation

OMV and Russian Gazprom will work together on the construction of the Austrian part of the Southstream pipeline.

February 22, 2011

OMV Observes Riots in Libya and Yemen „thoroughly“

The Austrian oil company OMV is not concerned by the current turmoils in Libya and Yemen. However, OMV watches the incidents permanently.

February 21, 2011

OMV Closes Acquisition of Pioneer’s Subsidiaries in Tunisia

OMV paid $ 800m plus $ 39.3m working capital and remains committed to maintaining a strong investment grade

February 19, 2011

EU Requests Nabucco to Enter a Cooperation

The European Union is pushing a merger between Nabucco and the ITGI pipeline project.

February 18, 2011

OMV: "Turkey as a Bridge for Oil and Gas Wells in the region"

The Austrian oil company, which has already invested € 2.0bn in Turkey, considers the location a starting point for the Middle East.

February 17, 2011

Vienna Stock Exchange: Winners & Losers (2011-02-16)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers

February 17, 2011

Oil Production Declined in Austria

Domestic oil production fell last year by 3.3% to 965,112 tons. Gas production increased however.

February 16, 2011

Vienna Stock Exchange: Winners and Losers (2011-02-11)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

February 12, 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

Vienna Stock Exchange: Winners and Losers (2011-02-07)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

February 8, 2011

Purchase of Petrol Ofisi Lowers OMV´s Results

In its Trading Statement Q4/10, OMV announces extraordinary expenses due to the major purchase of the Turkish Petrol Ofisi amounting to € 170m.

February 5, 2011

OMV Sells OMV Wärme VertriebsgmbH

The buyer is a consortium led by RWA Raiffeisen Ware Austria AG. The Austrian energy company OMV regards its heating oil business as being restructured.

February 5, 2011

Vienna Stock Exchange. Winners and Losers (2011-02-04)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

February 5, 2011

Oettinger Increases Pressure on OMV

In an interview with the daily newspaper "Presse", the European Commissioner for Energy considers that OMV must move now regarding Nabucco.

February 4, 2011

Vienna Stock Exchange. Winners and Losers (2011-02-03)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

February 4, 2011

ÖIAG: Markus Beyrer is the New Chairman

The so far Secretary General of the Industriellenvereinigung (Industrial Federation), Markus Beyrer, is Peter Michaelis’s successor on the board of the ÖIAG.

February 2, 2011

Vienna Stock Exchange. Winners and Losers (2011-02-01)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

February 2, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-28)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

January 29, 2011

Ruttenstorfer Acquitted

The trial against Ruttenstorfer, CEO of the Austrian oil company OMV took place yesterday. Ruttenstorfer had been charged for insider trading.

January 28, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-26)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

January 27, 2011

Slow Progress for Nabucco

The negotiations in the Caspian region are "tough", but the political will exists, say sources from the Austrian oil and gas group OMV.

January 26, 2011

ÖIAG: Industrialist Beyrer is Favorite

In the discussion about the succession for the state holding company OIAG, the Secretary General of the IV (Federation of Austrian Industries), Markus Beyrer, is a favorite.

January 25, 2011

Ruttenstorfer Fine Confirmed

The fine imposed to the CEO of Austrian OMV, Wolfgang Ruttenstorfer, for market manipulation, remains standing.

January 22, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-19)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

January 20, 2011

Hungary: Calls for Boycotts against Foreign Companies in Hungary

A Hungarian initiative demands that 13 foreign companies be boycotted, including Austrian OMV

January 18, 2011

OMV Pulls its Staff out of Tunisia

Due to the recent developments in Tunisia, the Austrian OMV pulls back to a large extent. The cardboard manufacturer Mayr-Melnhof stays on.

January 18, 2011

Investment Inhibition in Austrian Companies

The investment situation of Austrian companies is analyzed in the liquidity situation report by PwC. There are still frictions present on the capital market.

January 14, 2011

New Charges against Ruttenstorfer

The chairman of Austria's OMV is accused of market manipulation because of an interview.

January 14, 2011

New Perspectives for Nabucco

The European Commission wants to commit Azerbaijan to supply gas to Europe. This is expected to be done via the Nabucco pipeline.

January 14, 2011

Turkish Electricity Market Threatens to Collapse

The increasing energy demand in Turkey is facing a lack of infrastructure. Austrian Verbund will expand its investments.

January 13, 2011

CEE: Raiffeisen Remains Optimistic

The analysts of the Austrian Raiffeisen International Bank give Austria and the CEE good growth prospects. However, there still remain known risks.

January 12, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-10)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

January 10, 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

Vienna Stock Exchange: Winners and Losers (2011-01-07)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

January 7, 2011

OMV Expands in Tunisia

OMV acquires Tunisian Exploration and Production (E&P) subsidiaries of Pioneer Natural Resources for $ 800m plus working capital.

January 6, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-04)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

January 4, 2011

13 CEOs Call For Sanctions Against Hungary

Because of the new taxes introduced by the Hungarian government, a group of prominent European CEOs call for EU-sanctions.

January 2, 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

ATX Forecast 2011: High Yields, High Volatility

RLB Niederösterreich-Wien predicts a very good year for security investments and expects double-digit yields.

December 29, 2010

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

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