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Austrian Technology Industry Headlines

Kapsch Group with Stable Sales of about EUR 910 Million

Kapsch group with headquarters in Vienna generated sales of Eur 908.8 million in the financial year 2014/15 (by March 31, 2015). A year earlier the company generated sales of EUR 923.3 million. After carried out writedowns on holding companies, Ebitda amounts to EUR 6.6 million after EUR 25.2 million for the previous year.

5 minutes ago

Former Casinos Austria CEO Leo Wallner Died

Casinos Austria head Karl Stoss called Leo Wallner, his predecessor in Casinos Austria who died on Wednesday, a visionary and pioneer. The 79-year-old former CEO Wallner was an ‘impressive personality,” Stoss added.

July 30, 2015

Novomatic Gambling Signs 6-Year Lottery Contract in Catalonia

Listed gambling group Novomatic signed a 6-year contract with Catalan lottery firm Loteria de Catalunya in Spain, the group said. Novomatic will deliver 2.3k online lottery terminals with a central server system under the agreement.

July 29, 2015

Novomatic Gambling Secures 39.5 Pct in Rival Casinos Austria

Listed gambling group Novomatic secured a 39.5 percent stake in partly state-owned competitor Casinos Austria thanks to the acquisition of 11.4 percent stake from listed insurer Uniqa, the group confirmed. Further steps to raise the stake, the group could agree to buy 11.35 percent from insurer VIG and 9.44 percent from Schelhammer & Schattera yet this week may, however, raise controversies from competition regulator.

July 29, 2015

Semiconductor Producer AMS Boosts Profit and Sales in H1

The Styrian semiconductor producer listed in Zurich, AMS, raised sales and profits in the first half of the year thanks to robust demand for its sensor and analogue solutions. The sales target for 2019 is EUR 1 billion the company announced.

July 28, 2015

Uniqa to Sell Stake in Casinos Austria to Novomatic

UNIQA will sell its stake in Casinos Austria to the LowerAustrian gambling concern Novomatic. This was revealed by UNIQA on Tuesday. The purchase price hasn't been revealed.

July 28, 2015

OBIB: Austria Might Reduce Stake in Casinos Austria

State holding OBIB might reduce the stake held in listed casinos operator Casinos Austria to a "blocking minority”, OBIB CEO Martha Oberndorfer told APA after the announcement that listed gambling group Novomatic will raise the stake in Casinos to some 28 percent.

July 28, 2015

Novomatic Gets Stake of Casinos

The bid of Lower Austrian gambling group Novomatic for stakes in casino operating company Casinos Austria, owned hitherto by MTB Privatstiftiftung (16.8%) and Leipnik-Lundenburger Invest (11.34%), has been accepted. Novomatic now holds 28 percent of Casinos Austria. The owners of Casinos are tied into a syndicate of shareholders including state-managed OBIB. The purchase price has not been named.

July 27, 2015

Takeover Battle for Bwin.Party Goes On

The takeover attempts for Austrian-British online gaming operator is entering the next stage, as GVC Holdings increases its bid for from GBP 908 million (USD 14.06 billion/EUR 12.85 billion) to GBP 1 billion, i.e. GBP 0.1225 per share. Its bid is thus higher than what competitor 888 Holdings offered recently, i.e. GBP 900 million or 104.09 pence per share.

July 27, 2015

BWT Permitted to Acquire Russian Filter Producer Mettem

The Russian antitrust authority FAS has approved the takeover of a majority stake in Russian filter producer Mettem Technologies by the Austrian water treatment specialist BWT. This was reported by the economic newspaper "Wedomosti”.

July 24, 2015