The latest commodities markets news and analysis from FriedlNews
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Austrian Commodities Markets Headlines

Agrana’s CEO Expects Sugar Price Hike in 2016

The head of Agrana, Johann Marihart, expects a rise of sugar prices in 2016, even though the good prospects for sugar beet crops this year mean that the sugar production volume will be higher and will thus act as a price-reducing factor. The current four-year high of the world sugar price is due to small stock reserves. However, due to the EU market regulation this factor has only a limited impact on EU prices.

July 7, 2016

VSE: International Investors Dominate Vienna Stock Exchange

International institutional investors are largest group of investors on the prime market of the VSE Vienna Stock Exchange. They account for some 78 percent of institutional free float of the prime market index ATX Prime stocks, according to a study.

April 12, 2016

Austrians to Save Some EUR 2.3 Billion Due to Low Oil Price

According to economic research agency WIFO the low oil price has allowed Austrians to save some EUR 2.3 billion (USD 2.6 billion) y/y, based on the reference oil price from 2014. Private households alone saved EUR 800-850 million.

February 25, 2016

Activ Solar Files for Reorganisation in Austria, Debts Reach EUR 500 Million

Vienna-based Activ Solar GmbH announced that it is bankrupt and that it has filed for reorganization in Austria due to its investment exposure in Ukraine. The company has amassed debts to the tune of EUR 500 million.

February 10, 2016

Primetals Austria to Lay Off 200 of its 1,600 Employees

Engineering group Primetals will lay off up to 200 of its 1,600 employees in Upper Austria next year, the daily Oberosterreichische Nachrichten reports. The group needs to achieve EUR 20 million savings in its Linz location, while incoming orders are well below the company's expectations.

October 16, 2015

VSE's Operating Income Up 17% in 2014, CEESEG also Slightly Up

The Vienna Stock Exchange (VSE) and the CEE Stock Exchange Group report solid FY 2014 results. Vienna Stock Exchange's operating income is up 17% in 2014, mainly driven by the steadily increasing trading volume. Also, new members have been elected to the supervisory board.

June 23, 2015

Lukoil is Expanding its Location in Vienna

The Russian oil group Lukoil is expanding its location in Vienna and wants to entrust the Viennese Holding Lukoil International with the exploration and production business, generating sales of EUR 4.6 billion per year, CEO Vagit Alekperov told ‘Wiener Zeitung’.

June 8, 2015

OPEC Member Countries Discuss Global Petroleum Development Strategies in Vienna

The 6th OPEC International Seminar, with the theme "Petroleum - An Engine for Global Development", aims to build on the previous events from the past decade. It is currently taking place at the Imperial Hofburg Palace in Vienna. The Seminar intends to underpin OPEC’s commitment to stabilize the international oil market by promoting cooperation and dialogue with stakeholders around the world.

June 3, 2015

Purchasing Managers' Index: Austrian Industry Shows First Signs of Recovery

Bank Austria has published its latest "Purchasing Managers' Index" on the Austrian economy. At the end of the first quarter in 2015 subtle signs of a pick-up in Austrian economic activity were detected for the first time in about six months.

May 5, 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