Siegfried Wolf

Russia's Sberbank with European Headquarters in Vienna under Pressure

The Austrian Financial Market Authority (FMA) has announced a moratorium on Sberbank Europe AG, a European subsidiary of the Russian state-owned Sberbank. Read what this means for Sberbank Europe and its customers.

February 28, 2022

Potential Closure of MAN Plant in Austria

After the majority of the workforce in the MAN plant in Steyr voted against a takeover concept of a potential investor, Austria's federal and state governments are highly invested in supporting a solution that would save more than 1,000 jobs in Steyr, Upper Austria. No solution would mean a closure of the plant by 2023.

April 14, 2021

Exclusive Mini-Davos Conference in Austria's Most Beautiful Ski Resort

European Commissioner Günther Oettinger invited for two days leading politicians, bankers and industrialists to his Europe Forum 2019 in Lech am Arlberg in the Austrian Alps.

April 26, 2019

Siegfried Wolf withdraws investment in Kharkiv Tractor Plant, Ukraine

Austrian investor Siegfried Wolf announced today that he will not complete the acquisition of a stake in Ukrainianbased Kharkiv Tractor Plant (XTZ) due to incomprehensible obstruction by Ukrainian government officials. For more than six months, intensive efforts to change the shareholder structure of XTZ have failed.

October 12, 2016

Ukraine’s Kharkiv Tractor Plant announces changes in shareholding structure

Siegfried Wolf, a renowned Austrian investor, a shareholder and a member of the boards of directors of the international most succsessful automotive and construction companies, a former head of Magna International Inc., announces changes in a shareholding structure of Ukrainianbased Kharkiv Tractor Plant (XTZ).

April 27, 2016

Ex-Magna Boss Buys Former Employer's Headquarters in Oberwaltersdorf

The Styrian Car Manager of Oleg Deripaska's Russian Machines Company and former Magna CEO Siegfried Wolf has bought the former Magna headquarters in Oberwaltersdorf.

March 2, 2016

Siegfried Wolf New OIAG Supervisory Board Chairman

OIAG's supervisory board has appointed Siegfried Wolf as the new Chairman of the supervisory board.

June 27, 2014

Strabag: Haselsteiner Underlines Importance of Russia

In 2007, the Austrian construction company announced to establish its third core market in Russia. However, Strabag is still far from that.

April 28, 2012

Siegfried Wolf Enters Sberbank

The Austrian national and executive at Magna in Russia becomes President of VBI´s supervisory board.

February 16, 2012

AE&E: Negotiations Under High Pressure

The negotiators must reach an agreement still today in order to avoid the insolvency of the industrial plant manufacturer AE&E.

November 18, 2010

Magna-Steyr Member of the Board Apfalter becomes Europe Boss of the Magna Group

Apfalter stays on as Magna-Steyr CEO; Eibeck, as Europe Vice-President, is responsible for the Russian market

October 15, 2010

Russian Machines: Siegfried Wolf Obtains a Stake and Receives Clear Voting Rights

Siegfried Wolf, one of the two former top executives of Magna International not only changes over (as reported) to Oleg Deripaska's “Basic Element” company, but will also have a stake in it.

September 29, 2010

Magna International - Openings of New Plants in St. Petersburg Area

Magna International Inc., the world’s most diverse automotive supplier, announced today the opening of three facilities in the St. Petersburg, Russia, area.

September 23, 2010

Magna - Siegfried Wolf to leave in November

Magna International Inc. today announced that Siegfried Wolf, Magna's Co-Chief Executive Officer, has resigned as a director and officer effective November 15, 2010.

September 13, 2010
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