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Michaelis Leaves Austria's State Holding Company
The contract of Peter Michaelis, Chairman of The State Holding Company OIAG, expires in June 2011. There is disagreement over the succession in the government.
December 3, 2010
Vienna Stock Exhange: Winners and Losers (2010-12-02)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
December 2, 2010
OMV CEO: Insider-process on January27
While the trial date for the CEO of OMV has already been set, many leading personalities express their trust in an open letter.
December 2, 2010
Vienna Stock Exchange: Winners and Losers (2010-11-29)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
November 29, 2010
Vienna Stock Exchange: Winners and Losers (2010-11-25)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 25, 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
Vienna Stock Exchange: Winners and Losers (2010-11-23)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
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
Vienna Stock Exchange: Winners and Losers (2010-11-22)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 22, 2010
OMV Plans to Expand Further in Turkey
The Austrian oil and gas group is still assessing the best form of financing Petrol Ofisi. Further projects in Turkey are being evaluated.
November 22, 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
Vienna Stock Exchange: Winners and Losers (2010-11-17)
Daily News-Flash from tthe Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 17, 2010
Vienna Stock Exchange: Winners and Losers (2010-11-15)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
November 15, 2010
Vienna Stock Exchange: Winners and Losers (2010-11-11)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 11, 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
Vienna Stock Exchange: Winners and Losers (2010-11-08)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 8, 2010
Vienna Stock Exchange: Winners and Losers (2010-11-06)
Daily News-Flash from the Vienna Stock-Exchange. Upgrades&Downgrades;, Winners&Losers;
November 6, 2010
OMV: Republic of Austria Will Hold On to Its Stake
An informal consultation is said to have been held between the governing parties to keep the government stake in OMV, should there be a capital increase.
October 27, 2010
Financing of OMV-Deal in Turkey Still Open
OMV leaves the financial markets still in the dark as to how it will cope with the acquisition.
October 25, 2010
OMV: Complete Takeover of Petrol Ofisi Fixed
The deal is finished. Turkey will be the third main market for the OMV group.
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
OMV Plans Complete Takeover of Petrol Ofisi
OMV and Doğan Holding are in detailed negotiations regarding an acquisition of Dogan Holding’s stake in Petrol Ofisi by OMV
October 20, 2010
Austria Continues Being the Largest Investor in Romania
"Romania is an important market in Eastern Europe for the Austrian economy. Its great importance for us is proved by the fact that Austria is by far the largest investor in Romania"
September 23, 2010
ÖIAG: ÖVP vs. SPÖ
Schieder and Rudas demand dissolution of the state holding ÖIAG, Finance Minister Pröll, on the other hand, wants to “strengthen” it.
September 17, 2010
OMV targets a 20% market share in Serbia
Important changes are foreseen for 2011 in the Serbian oil industry. Because, effective from January 1, the energy company NIS will lose, albeit theoretically, its artificially upheld monopoly position…
September 13, 2010
Putin: Gas pipeline Nabucco with "little chance of success"
Putin gives the competition project of the South Stream gas pipeline little chance of being realized, because as of now, Nabucco has no suppliers.
September 8, 2010
OMV boss with possible prosecution
OMV CEO Wolfgang Ruttenstorfer maybe confronted with prosecution in the current proceedings against him as reported by Presse.
August 20, 2010
OMV shows interest in Dana Petroleum
Shares of British oil and gas group increasingly gaining according to rumours.
June 21, 2010
Liquid-gas-project in Croatia delayed
The liquid-gas-project in Croatia, Adria LNG, in which OMV is involved with about one third will be postponed for at least three years.
June 21, 2010
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