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Austrian Commodities Markets Headlines

Salzburg AG Generated EUR 49 Million Profit in 2014

The energy supplier Salzburg AG posted a solid profit in 2014, thus the company intends to pay nearly EUR 27 million (USD 28.64 million) in dividends to its shareholders: the province of Salzburg (43 percent), the city of Salzburg (31 percent) and Energie AG (26 percent). The company generated a revenue of EUR 1.28 billion, which was less than in 2013 (EUR 1.36 billion).

April 10, 2015

Austrian Investment Funds Increased Positive Performance in March

In March most Austrian investment funds recorded positive performance. Out of 1,573 funds with a history of at least a year, 1,486 recorded positive oneyear performance. Only 83 funds recorded negative performance, according to the Association of Austrian Investment Companies (VÖIG). Four funds broke even.

April 9, 2015

OMV Eyes Business Opportunities in Iran After Nuclear Agreement

Listed oil and gas group OMV hopes for new business opportunities in Iran after the country and six major powers reached an outline agreement on Iran's nuclear programme. OMV could return to its natural gas project South Pars, should sanctions on Iran be relaxed.

April 7, 2015

Vienna Stock Exchange: ATX Upswing Drives Up Equity Trading in Q1

The Vienna Stock Exchange has seen the strongest monthly equity turnover since August 2011. The average monthly trading volume to date in 2015 is EUR 5.04 billion which represents a gain of 26.61% over the average monthly trading volume of the year 2014 (EUR 3.98 billion).

April 2, 2015

Loacker Recycling Opens Office in Singapore

The Vorarlberg recycling business Loacker launched its new office in Singapore on 1 April. The Loacker Recycling Asia Pte Ltd. will specialize in trade with secondary resources, the company announced on Wednesday. The new branch office is expected to promote recycling activities in Asia.

April 1, 2015

Implications of the Lifting of the European Milk Quota

The European milk quota was lifted as of April 1. Austria's milk production most recently exceeded domestic consumption by 67 percent.

April 1, 2015

Automatic Petrol Stations Gaining Ground in Austria

The segment of unmanned petrol stations in Austria continued growing in 2014. In 2014, according to the branch association of the oil industry, there were 623 automatic petrol stations, 5 percent more than a year earlier.

March 19, 2015

Analysis: Hungarian Deal with Russia Gives Hungary Enough Gas for 3-5 Years

Gas that Hungary can requisition from Russia under an agreement reached recently will be enough to last 3-5 years, Minister of Foreign Affairs and Trade Peter Szijjarto said on public television.

February 27, 2015

Austria Chocolate Market Grows to EUR 176 Million

Last year Austrians ate 21.2 million kilograms of chocolate. The whole market of slab chocolate increased by 3.5 percent to EUR 176 million (USD 200 million).

February 27, 2015

Fuels Reduce Inflation to 0.6 Percent in January

The inflation rate sank again in January. After 1.0 percent in December 2014, the inflation rate reached 0.6 percent in January. This is the lowest level since October 2009 Statistik Austria announced.

February 24, 2015