RZB at Higher Risk of Regulatory Intervention

August 31 · Politics - Government Agencies
In view of the devaluation of RZB stakes in H1 balance sheets of owner banks RLB OÖ and RLB Steiermark, and of the justifications for that devaluation, Bloomberg reckons there is a higher risk of a regulatory intervention at Raiffeisen Zentralbank.

Markets

Wolford Cuts Annual Outlook on Weak Q1 Developments

August 31
Listed lingerie producer Wolford may see a "low single-digit” operating loss this year, the company said in a downward revision of the annual guidance, due to the weakening demand. In the whole 2016/17, revenues will ...

People

Montana Tech Industries H1 Net Profit Surges to EUR 14.4 Mln

August 30
Switzerland-listed Austrian industrial group Montana Tech Components raised net profit by 60 percent y/y to EUR 14.4 million in H1 2016 on revenues growing by 7.2 percent to EUR 372.5 million, the company said.

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