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Latest News

Alfred Gusenbauer will be Strabag's chief of supervisory board

The former SPÖ Chancellor succeeds Waldemar Jud as head of the supervisory board of Strabag.

May 18, 2010

Less mergers and acquisitions (M&A) in Austria

247 mergers and acquisitions in 2009, value of €11b, two-thirds were cross-border.

May 18, 2010

Intercell AG - Hospital bug vaccine delayed

According to an announcement by Zoe Schneeweiss and Namoi Kresge (Bloomberg) Intercell AG fell the most in two weeks in Vienna, after stating that a vaccine against a deadly hospital bug may be delayed to the first or second quarter of 2011.

May 18, 2010

Verbund to expand in Turkey

The subsidiary of Verbund and Sabanci Holding wants to bid on privatization auction of electricity networks in Turkey.

May 18, 2010

Romania - BRD Groupe Société Générale to overtake the largest bank Banca Comercială Română (BRC)

Ambitious goals for the Development Bank Romania (BRD): The second-largest institute of the country that belongs to the French Societe Generale (SG) wishes to ascend to the largest bank in Romania by 2015 - and thus pass “Erste” subsidiary BCR.

May 18, 2010

C.A.T. Oil AG - dividend announcement

The annual general meeting of shareholders of the company held on 18 June 2010, resolved to distribute dividends in the amount of €0.30 per eligible share for the fiscal year 2009.

May 18, 2010

phion AG - results of financial year 2009/10

IT security specialist phion - the majority of which was acquired by US group Barracuda Networks - was partly affected by reluctance of medium and large companies to invest in IT security.

May 18, 2010

Kapsch TrafficCom releases results for fiscal year 2009/10

Kapsch TrafficCom AG reported an increase in consolidated revenues at a reduced EBIT but at a clearly increased profit before as well as after tax in fiscal year 2009/10 as compared to the same period in the previous fiscal year 2008/09.

May 18, 2010

Saving energy with trams - Research Project EcoTram 3000 mwh to be saved

While trams are getting more and more comfortable they do require significant amount of energy for heating and cooling. The new project EcoTram aims to combine comfort and energy efficiency.

May 18, 2010

Austrian commercial aviation - 2009 a difficult year

In 2009 commercial aviation registered 22,6m passengers (including transit), 2.1m less passengers (8.5 per cent) compared to 2008. Airfreight decreased by 2.5 per cent or 209,200.3 tonnes while air mail also declined by 10.1 per cent.

May 18, 2010