Article Tools

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

Published: March 2, 2016; 14:00 · (FriedlNews)

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.

Siegfried Wolf buys former Magna Headquarters in Oberwaltersdorf / Picture: © Russian Machines

The Magna group has moved in late 2013 from the more than 7,000-square-meter, castle-like built office building including an attached research and development center.

Now the Styrian Car Manager and former Magna CEO Siegfried Wolf has bought the former headquarters in Oberwaltersdorf.

Wolf had to spend EUR 3.25 million for the 2.5 hectare plot.

Owner of the object was the chairman of the board of Russian Machines, Russian oligarch Oleg Deripaska.