RLB Upper Austria

Raiffeisen Research Comments on ECB’s Asset Quality Review of Austrian Banks

With regard to the ECB’s asset quality review of Austrian banks, according to Bloomberg ECB Governor Nowotny has stated that Austrian institutes will largely pass the tests. When asked about Volksbank and that it might fail the tests, Nowotny stated that it is no secret that there will be one institution that might have gaps that need filling but there are precautions taken.

October 23, 2014

Austria: RLB OÖ Still Threatening to Leave

According to managing director of Raiffeisenlandesbank Oberösterreich (RLB OÖ) Heinrich Schaller, the tax burden is too high in Austria. The bank is still threatening to leave for Germany if the bank levy will not be changed.

April 17, 2014

Alpine: Creditors Face Haircut

The financially stricken Austrian construction company wants its creditors to contribute to the restructuring.

February 2, 2013

Alpine Needs Help from Banks

The Austrian construction company faces liquidity constraints. Talks with banks were started already.

October 11, 2012

Eastern Europe Remains Austria´s Future Region

The Austrian economist Christian Keuschnigg thinks that the opening of Austrian companies toward Eastern Europe was a “highly favourable event”.

October 4, 2012

CESEE: „Nothing Has Changed“

Walter Rothensteiner, CEO of Austrian Raiffeisen Zentralbank, is convinced of the success of the expansion into the CESEE region.

June 26, 2012

„We will Examine Every Single Shareholding“

Raiffeisenlandesbank Upper Austria´s new CEO Heinrich Schaller announced in an interview with „Wirtschaftsblatt“ that the banking group´s efficiency should be enhanced.

June 22, 2012

AMAG Issues € 70m Bonded Loan

One year after its IPO, the Austrian aluminum producer issues a bonded loan in order to enlarge the main factory.

May 7, 2012

AMAG Starts Investment Program

The Austrian aluminum company invests € 220m in the enlargement of the main site in Ranshofen, Upper Austria. RLB Upper Austria now holds a 16.5% stake.

April 26, 2012

Scharinger to Enter ÖBB´s Board

The former CEO of RLB Upper Austria becomes supervisory board member at Austrian Railways.

April 25, 2012

AMAG Sale Completed

The last tranche in the Austrian aluminum producer AMAG was sold by CP Group/One Equity Partners to the Austrian B&C Industrieholding AG.

April 25, 2012

Konrad to Leave RZB

Christian Konrad, general attorney of the Raiffeisen sector and chairman of RZB supervisory board, will step down in June. Successors are already designated.

April 2, 2012

AMAG Appreciates Changes in Shareholder Structure

With B&C Industrieholding, the Austrian aluminum producer got a new major shareholder. RLB Upper Austria widens its share up to 16.44%.

March 19, 2012

B&C Holding Interested in 30% AMAG Stake

The industrial holding aims for entering the aluminum producer AMAG. RLB Upper Austria is interested too.

March 15, 2012

Pecik Unwanted at AMAG

A major shareholding in Austrian AMAG will be sold. Ronny Pecik, who is said to be interested, is not welcome.

March 7, 2012

Pecik is Said to Enter AMAG

The Austrian investor, who holds a 20% stake in Telekom Austria, seems to be interested in the Austrian aluminum producer AMAG

February 23, 2012

AMAG to Become New Owners?

About one third of Austrian aluminum producer´s shares are for sale. Raiffeisen and B&C are potential buyers.

February 4, 2012

Scharinger: „Rating Agencies Are Instruments of Torture“

The leaving CEO of RLB Upper Austria, Ludwig Scharinger, is convinced that Europe needs must make itself more competitive against the U.S. financial industry.

January 24, 2012

Tyrol Equity Takes Over German RSN Sihn

The Austrian investment company acquired 50.1% in the German automotive supplier company RSN Sihn.

January 2, 2012

Schaller New CEO of RLB Upper Austria

Heinrich Schaller will succeed Ludwig Scharinger as CEO of the regional Raiffeisenlandesbank. Scharinger retires, but becomes consultant for RLB.

October 24, 2011

Trenkwalder to Be Taken Public by New Owner

The new German majority owner of the Austrian personnel leasing company is planning an IPO in Vienna or Frankfurt.

August 16, 2011

Hypo Upper Austria Expects Stable Results

The Austrian regional bank achieved profit before taxes of € 16.6m in the first half of the year, up 1.2% year-on-year.

August 8, 2011

RLB OÖ to Sell Its Stake in Polytec

The Upper Austrian regional bank will sell its shares in the component supplier for approximately € 34m.

June 29, 2011

IPO of AMAG in April

The aluminum company Austria Metall AG is the first company going public in Vienna since 2007. The free float will amount to 55%.

March 25, 2011

RLB Upper Austria Records Massive Increase in Earnings

Raiffeisenlandesbank Upper Austria (RLB) shows an increase in operating profits by 66.1%.

March 21, 2011

Geinberg Thermal Springs are Expanding

The Upper Austrian Wellness facility is being expanded massively and gets its own luxury area.

March 15, 2011

Burger is the New Chairman of the Vivatis Group

The food company, owned by RLB Oberösterreich obtains an industry expert with Armin Burger.

February 9, 2011

Hypo Upper Austria Reports stable Profits

According to the management, the regional bank could exceed its own expectations. Annual profit was € 27m.

February 1, 2011

Member of the Board of the Stock Exchange to be Scharinger's Successor?

Heinrich Schaller, Member of the Board of the Vienna Stock Exchange is considered as favorite to succeed the longtime CEO of Raiffeisen Landesbank OÖ.

February 1, 2011

Polytec: Withdrawal of RLB Oberösterreich?

According to market information, the Raiffeisen Landesbank Oberösterreich (Upper Austria) will separate from the auto supplier, who was badly hit by the crisis, but is writing black figures again.

November 4, 2010
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