Latest News

Telekom Austria Quadruplicates Dividend for 2016 from EUR 0.05 to EUR 0.20

At today's meeting of the supervisory board of partially state-owned Telekom Austria a dividend hike from EUR 0.05 per share to EUR 0.20 per share was recommended. This is based on "improved operational and economic development of the group” the company announced on Friday afternoon.

July 22, 2016

FDI: International Companies Triple Investments in Austria in H1

International firms invested EUR 480.6 million (USD 529.3 million) in Austria in H1 2016, more than tripling the investment volume y/y, according to data of the national investment promotion agency ABA Austrian Business Agency.

July 22, 2016

Vienna Airport Vying for UK-Based Firms After Brexit Referendum

Listed Vienna airport operator Flughafen Wien is putting more focus on attracting UK-based enterprises following the Brexit vote and is publishing ads in the Financial Times.

July 22, 2016

Most Expensive Expatriate Cities: Vienna Moves Up to 54th Place Overall in the Index

For the 22nd year running, global HR consulting firm Mercer has published its annual Cost of Living Ranking that lists the costliest and cheapest destinations for expatriates. Asia hosts five of the world’s 10 most expensive cities for expatriates. Hong Kong is once again the world’s most expensive city for expatriates. Vienna moves up to 54th place from 56th place overall in the index. 209 countries have been surveyed. See the full index below.

July 22, 2016

Telekom Austria Seen Netting EUR 53.1 Mln in Q2

Listed incumbent telco Telekom Austria, a unit of America Movil, will likely suffer an over 30 percent y/y decline in Q2 net profit to EUR 53.1 million (USD 58.5 million), expect Erste and Raiffeisen analysts ahead of the publication of Q2 report.

July 22, 2016

Telekom Austria AG / Expected dividend raised to EUR 0.20/share for2016

The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces that América Móvil and Österreichische Bundes- und Industriebeteiligungen GmbH (ÖBIB) agreed today on a new expected dividend level starting with the financial year 2016.

July 22, 2016

S IMMO AG / High results on property valuation expected for the first half year of 2016

The management board of S IMMO AG expects a high result on property valuation for the first half year of 2016. This is due to the positive developments in the markets of S IMMO - in Germany but in other markets as well.

July 22, 2016

OMV Oil and Gas Raises Q2 Production Y/Y, Margins Down

Listed oil and gas group OMV expects to raise Q2 2016 production to 316k boe per day from 312k in Q1, but refining margins likely dropped due to the rising crude prices, the company said in a trading statement.

July 21, 2016

Karl-Heinz Grasser to Stand Trial on Charges of Fraud and Corruption

After a seven-year investigation the 47-year-old former Finance Minister Karl-Heinz Grasser will be indicted for fraud and corruption together with Meischberger and 14 other people in the cases Buwog and Linz Terminal Tower.

July 21, 2016