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energy

Mineral Oil Tax: A Cash Cow for the Finance Minister

State revenues for the mineral oil tax have risen steadily since 2000. At that time, motorists paid 2.726 billion euro; this year it will be 3.9 billion euro.

October 15, 2010

Schoeller-Bleckmann Acquired Dubai Based Special Tools Provider

Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, has successfully completed acquisition of Drilling Systems International Ltd. (DSI).

October 5, 2010

EVN resolves on capital increase – transaction together with EnBW

With the Supervisory Board’s approval, the Managing Board of EVN AG has resolved on a capital increase from authorized capital through the issuance of up to 16,352,582 new ordinary no-par value bearer shares.

October 5, 2010

Household Energy: Prices Rose by 5.4%

Households have to pay on average 5.4% more for energy in Austria than one year ago. Diesel is 10.4% more expensive in the yearly comparison.

October 4, 2010

Baur: Sales Growth and Eastward Look.

Baur Prüf- und Messtechnik reported a moderate growth in sales during the crisis year. Now the company wants to continue growing abroad.

October 1, 2010

Energieallianz Austria Creates Subsidiary in Germany

Renewable energies are a rising trend. This has been recognized by the domestic Energieallianz Austria(EAA), a subsidiary of the energy provider for Vienna, Lower Austria and Burgenland.

September 30, 2010

Mitterlehner Meets Hendry: Development of Renewable Energies

The Finance Minister met with the British Energy Minister Charles Hendry for talks about the energy policy in the EU, the development of renewable energy sources and increasing the security of energy supply.

September 21, 2010

Martin Schlaff: Acquisition of Several Latvian Oil Transport Companies Planned

After four years of delay Schlaff is reported to be planning the takeover of several Latvian transport companies.

September 20, 2010

A-Tec's Subsidiary AE & E: CFO Brandt Moves to Sulzer

AE & E’s CFO, Juergen Brandt, will be CFO of the Swiss industrial group Sulzer. Jürgen Boggild moves to the Board.

September 20, 2010

Hypo Alpe Adria: Greek Entrepreneur Xeniadis Signals his Interest in Buying

The Greek businessman Vasileios Xeniadis is prepared to offer 1.35 billion euro for Hypo Alpe Adria.

September 16, 2010
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