Sponsored Content
Siegfried Wolf
Russia's Sberbank with European Headquarters in Vienna under Pressure
The Austrian Financial Market Authority (FMA) has announced a moratorium on Sberbank Europe AG, a European subsidiary of the Russian state-owned Sberbank. Read what this means for Sberbank Europe and its customers.
February 28, 2022
Potential Closure of MAN Plant in Austria
After the majority of the workforce in the MAN plant in Steyr voted against a takeover concept of a potential investor, Austria's federal and state governments are highly invested in supporting a solution that would save more than 1,000 jobs in Steyr, Upper Austria. No solution would mean a closure of the plant by 2023.
April 14, 2021
Exclusive Mini-Davos Conference in Austria's Most Beautiful Ski Resort
European Commissioner Günther Oettinger invited for two days leading politicians, bankers and industrialists to his Europe Forum 2019 in Lech am Arlberg in the Austrian Alps.
April 26, 2019
Siegfried Wolf withdraws investment in Kharkiv Tractor Plant, Ukraine
Austrian investor Siegfried Wolf announced today that he will not complete the acquisition of a stake in Ukrainianbased Kharkiv Tractor Plant (XTZ) due to incomprehensible obstruction by Ukrainian government officials. For more than six months, intensive efforts to change the shareholder structure of XTZ have failed.
October 12, 2016
Ukraine’s Kharkiv Tractor Plant announces changes in shareholding structure
Siegfried Wolf, a renowned Austrian investor, a shareholder and a member of the boards of directors of the international most succsessful automotive and construction companies, a former head of Magna International Inc., announces changes in a shareholding structure of Ukrainianbased Kharkiv Tractor Plant (XTZ).
April 27, 2016
Ex-Magna Boss Buys Former Employer's Headquarters in Oberwaltersdorf
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.
March 2, 2016
Siegfried Wolf New OIAG Supervisory Board Chairman
OIAG's supervisory board has appointed Siegfried Wolf as the new Chairman of the supervisory board.
June 27, 2014
Strabag: Haselsteiner Underlines Importance of Russia
In 2007, the Austrian construction company announced to establish its third core market in Russia. However, Strabag is still far from that.
April 28, 2012
Siegfried Wolf Enters Sberbank
The Austrian national and executive at Magna in Russia becomes President of VBI´s supervisory board.
February 16, 2012
AE&E: Negotiations Under High Pressure
The negotiators must reach an agreement still today in order to avoid the insolvency of the industrial plant manufacturer AE&E.
November 18, 2010
Magna-Steyr Member of the Board Apfalter becomes Europe Boss of the Magna Group
Apfalter stays on as Magna-Steyr CEO; Eibeck, as Europe Vice-President, is responsible for the Russian market
October 15, 2010
Russian Machines: Siegfried Wolf Obtains a Stake and Receives Clear Voting Rights
Siegfried Wolf, one of the two former top executives of Magna International not only changes over (as reported) to Oleg Deripaska's “Basic Element” company, but will also have a stake in it.
September 29, 2010
Magna International - Openings of New Plants in St. Petersburg Area
Magna International Inc., the world’s most diverse automotive supplier, announced today the opening of three facilities in the St. Petersburg, Russia, area.
September 23, 2010
Magna - Siegfried Wolf to leave in November
Magna International Inc. today announced that Siegfried Wolf, Magna's Co-Chief Executive Officer, has resigned as a director and officer effective November 15, 2010.
September 13, 2010