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Verbund
Verbund: Erste Group Pessimistic
The Austrian energy company is expected to record lower earnings in the coming years.
August 7, 2012
ÖIAG: Search Goes On
The number of candidates for the succession of Markus Beyrer as CEO of the Austrian industrial holding keeps within limits.
August 2, 2012
ÖIAG: Malanik to Succeed Beyrer?
In June, Markus Beyrer decided to leave the Austrian Industrial Holding (ÖIAG). The former management board member Malanik could succeed.
July 27, 2012
Verbund Increases Operating Result and Group Result
Verbunds´Operating result: +11.9% to € 434.7m Group result: +12.4% to € 198.2m 2012 outlook: operating result of about € 800m, Group result of about € 350m.
July 25, 2012
Verbund: Substantial Rise in Net Income Expected
Tomorrow, the Austrian energy company Verbund will announce ist first quarter results for 2012.
July 24, 2012
Verbund Modernises Styrian Hydropower Plants
Austrian Verbund invests € 400m in hydropower plants. „Annual electricity requirements of all private households in Styria already met with clean hydropower.“
July 20, 2012
Resistance Against Enlargement of ÖIAG
The chairman of ÖBB´s (Austrian Railways) supervisory board Horst Pöchhacker rejects the idea of integrating ÖBB, Verbund or Asfinag into the publicly held Austrian industrial holding ÖIAG.
July 19, 2012
„ÖIAG Should Manage Banking Interests“
Austria´s Finance Minister Maria Fekter wants to upgrade the Austrian state holding ÖIAG.
June 23, 2012
Austria’s Most Powerful Power Plant Inaugurated
New combined cycle gas turbine plant saves up to two million tons of CO2 annually, the Austrian energy provider Verbund says. The company expects lower results in the first half of 2012.
June 22, 2012
Heavy Dispute Over ÖIAG
The Austrian Minister of Finance plans to incorporate the publicly held stakes in ÖBB, Asfinag and Verbund into ÖIAG. The coalition partner SPÖ and Reinhold Mitterlehner oppose to this attempt.
June 21, 2012
Vienna Stock Exchange: Winners and Losers (2012-06-15)
Daily News Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Analyzes and Comments.
June 15, 2012
Verbund and EVN Develop Hydro Power Projects in Albania
The Austrian energy companies are interested in developping hydro power projects in the Western Balkan country. The investment volume reaches € 80m.
June 6, 2012
Energy: Germany and Austria Agree on Closer Cooperation
German dena and Austrian Verbund advocate stronger German-Austrian energy partnership and aim to build more pumped storage power plants for the integration of wind and solar power.
June 1, 2012
Sorgenia Develops New Business Model
The Milan-based Sorgenia, in which Austrian Verbund has an interest, has developed a balanced portfolio of activities in Europe and South America with a substantial growth potential.
May 18, 2012
Vienna Stock Exchange: Winners and Losers (2012-05-05)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
May 5, 2012
Verbund Wants to Leave France
After the sale of its stake in Poweo, the Austrian energy company intends to sell the remaining gas power plants in France.
May 5, 2012
Vienna Stock Exchange: Winners and Losers (2012-05-04)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
May 4, 2012 · Updated: May 4, 2012; 15:54
Verbund Posts Substantial Improvement in Earnings
Operating result rose by 22.2% to € 263.6 m. Group profit increased by 10.16%. Nevertheless, the Austrian energy company remains below market expectations.
May 3, 2012
Sorgenia Will not be Sold
The Italian energy group will not be sold. The major owner CIR declines market rumors.
April 26, 2012
Sorgenia Records Losses
The Italian subsidiary of the Austrian energy company Verbund registered net losses of € 14.7. Revenues were up by 9.5%.
April 21, 2012
Siemens Austria and Verbund to Establish Electric Mobility Provider
The technology and electricity company found a joint venture in order to serve and develop the Austrian electric mobility market.
April 20, 2012
Vienna Stock Exchange: Winners and Losers (2012-04-19)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
April 19, 2012
Verbund Focuses Investments on Austria
The Austrian energy company plans investments of € 2.4bn in the next five years. About 66% of these investments will be made in Austria.
April 12, 2012
Vienna Stock Exchange: Winners and Losers (2012-03-30)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
March 30, 2012
Losses at Verbund´s French Subsidiary Poweo
With consolidated revenue totalling € 503.4m, down 27.7%, the Group ended the year with a net loss of € 63.4m, due mainly to losses at the generation business and various write-downs
March 23, 2012
Vienna Stock Exchange: Winners and Losers (2012-03-20)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
March 20, 2012 · Updated: March 20, 2012; 18:45
Verbund Faces Competition from Russia
The Russian energy group Inter Rao is interested in the Milan-based Sorgenia. Austrian Verbund holds 45% in Sorgenia.
March 20, 2012
Vienna Stock Exchange: Winners and Losers (2012-03-15)
Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
March 15, 2012 · Updated: March 15, 2012; 19:03
Vienna Stock Exchange: Winners and Losers (2012-03-06)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
March 6, 2012 · Updated: March 6, 2012; 18:39
Moody's Changes Outlook on Verbund's Rating to Negative
The U.S. rating agency Moody's Investors Service has today changed to negative from stable the outlook on the A2 senior unsecured rating of the Austrian energy company Verbund .
March 6, 2012
Vienna Stock Exchange: Winners and Losers (2012-03-01)
Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
March 1, 2012 · Updated: March 1, 2012; 18:05
Verbund Reports Mixed Results
The decline in profit by 12% in 2011 is justified with “difficult conditions in the energy market environment and the overall economy”. Sales and operating results were up substantially.
February 29, 2012
Verbund: Analysts Expect Mixed Results
Analysts anticipate a rise in earnings and sales at the Austrian energy supplier. EBITDA and profits are expected to decline.
February 28, 2012
Vienna Stock Exchange: Winners and Losers (2012-02-22)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
February 22, 2012 · Updated: February 22, 2012; 17:48
Vienna Stock Exchange: Winners and Losers (2012-02-20)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
February 20, 2012
Russian Natural Gas Supply to Normalize
According to the Austrian oil and gas company OMV, gas deliveries from Russia are increasing slightly.
February 8, 2012
Verbund Starts Styrian Power Plant
Austria's cutting-edge-thermal power plant is already supplying electricity and district heating. Investment sum totals € 550m.
February 8, 2012
Vienna Stock Exchange: Winners and Losers (2012-01-27)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
January 27, 2012 · Updated: January 27, 2012; 18:08
Vienna Stock Exchange: Winners and Losers (2012-01-18)
Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners & Losers.
January 18, 2012 · Updated: January 18, 2012; 17:58
Vienna Stock Exchange: Winners and Losers (2012-01-11)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
January 11, 2012 · Updated: January 11, 2012; 15:17
Vienna Stock Exchange: Winners and Losers (2012-01-10)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
January 10, 2012 · Updated: January 10, 2012; 10:17
Germany Calls for Austrian Electricity
In order to guarantee stability of the German power grid, Austria has to export more electricity to Germany.
January 5, 2012
Vienna Stock Exchange: Winners and Losers (2011-12-20)
Daily News Flash from Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
December 20, 2011
EVN Reports Decline in Profit
The Austrian energy group achieved net profit of € 189.7m in the 2010/11 financial year, a decline of 8.4% from the previous year.
December 15, 2011
Vienna Stock Exchange: Winners and Losers (2011-12-12)
Daily News-Flash from Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
December 12, 2011
Vienna Stock Exchange: Winners and Losers (2011-12-08)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
December 8, 2011
Vienna Stock Exchange: Winners and Losers (2011-12-07)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
December 7, 2011 · Updated: December 7, 2011; 17:53
Austrian & CEE Investor Conference 2011 in New York
15 companies from Austria and CEE will participate in the conference on 28 November.
November 25, 2011
Vienna Stock Exchange: Winners and Losers (2011-11-18)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 18, 2011
S&P: Austrian Energy Suppliers more Robust than Competitors
Southern European providers are especially affected by the current debt crisis. Austrian companies “seem to be immune”, the rating agency says.
November 3, 2011
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