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Verbund

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

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 (2012-03-20)

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

March 20, 2012 · Updated: March 20, 2012; 18:45

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

Vienna Stock Exchange: Winners and Losers (2011-10-28)

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

October 28, 2011

Verbund’s Result Influenced by Impairment Tests

The Austrian electricity group presented an improved operating result for the first three quarters of the year despite weak water supply.

October 27, 2011

Verbund´s Subsidiary APG Going Public?

The IPO of Verbund´s subsidiary Austrian Power Grid is being discussed.

October 25, 2011

Declining Profits for ATX Companies

Analysts expect Vienna-listed companies to report substantial lower profits. Even losses are feared.

October 24, 2011

Vienna Stock Exchange: Winners and Losers (2011-10-20)

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

October 20, 2011

Lower Profits for Verbund´s Subsidiary Sorgenia

Sorgenia, the Italian Subsidiary of the Austrian energy corporation Verbund, reports a drastic decrease in net income from € 61m to € 18m. Sales were down by 8.5%.

October 18, 2011

Verbund Signed a € 750m Credit Facility

The Austrian energy corporation secures funding for a period of five years. A credit facility from January 2005 has been replaced.

October 18, 2011

Verbund´s Subsidiary Expands in Italy

Sorgenia, the Italian subsidiary of the Austrian energy group Verbund, now provides electricity also for private households.

October 11, 2011

Major Pumped-storage Power Plant Commissioned

Austrian Verbund invested € 405m invested in expansion of hydro power. The construction ofa new hydro power plant in the Austrian Alps has been finished.

October 11, 2011
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