Austria Credit Score Online

The domestic steel combine from Linz buys the Styrian Böhler-Uddeholm, and Austrian politicans from all different parties are very happy about that.
Socialdemocratic leader Gusenbauer: “A day with great joy”. Peoples Party leader Molterer: “very interesting”. Commerce chamber chairman Leitl: “a win-win situation”.

VÖEST Alpine aspires 50 percent plus one share. Shareholders will receive a cash-offer of […]

In spite of the record profit last year, the boss of Raiffeisen International don’t want to eliminate the idea of a capital increase.
Purchases in Armenia and Kazakhstan are reviewed at the moment.
Mega sales for Raiffeisen in 2007 did not satisfy the company. There are rumours about a capital increase over the stock exchange market. According […]

Julius Meinl gives the starting shot for his new large-scale project: Airports International.
Meinl Airports is going to be a synthesis between the expertise of the Meinl Bank out of the privatisations of the airports Bratislava and Kosice, as well as the experience of project developments in Central and Eastern Europe with Meinl European Land.
The start […]

The biggest concern of senior partners in Austria: the young generation has no interest to continue the business.
There are 50.000 takovers in Austria every year. 60% of all family enterprises think seriously about generation change.

Every fifth has not so much time left to prepare for the takeover. The generation change has to be finished this […]

The cash compensation for small shareholders of BA-CA is going to have a modest character. The Italians only want to spend 950 mio EUR.
The Italian subsidiary of BA-CA UniCredit thinks it’s enough to pay a cash compensation of 129,40 EUR for each of the outstanding 7,374.016 BA-Ca shares.

The price was definded according to an expert […]

The municipality of Wiener Neustadt has sold 70 residential buildings for 120 mio EUR to a subsidiary. This is the biggest real estate swap of a municipality in Austria.
Outsourcing of public corporate bodies to receive tax advantages: real estates were sold to its own subsidiary. Thus a credit funded buying price flows. The subsidiary can […]

300 mio EUR sales at one dash. Possible, if you buy the traditional French copper group Gindre Duchavany.
The Austrian Industrialist Mirko Kovats finnished his biggest purchase for the A-Tec Industries, buying the French company with 450 co-workers and more than 300 mio EUR sales. Only the cartel authority must allow the deal in the following […]

The Bank Austria Creditanstalt was able to raise its dividend from 2,50 in 2005 up to 4 EUR by special income of sales.
Participation sales of Austrias biggest bank makes it possible to celebrate results in highest record values.

The pretax profit in 2006 amounts 3,3 billion EUR (previous year: 1,3 billion EUR). The sale of the […]

After the bankruptcy of the foundation company, the outlet center in Leobendorf wants to try by new managers and investors a second time.
The “Premium Outlet Center Leoville” in the South of Vienna opened in spring 2005 and had to file for bankruptcy recently. New managers should make a new start with radical changes now.

The main […]

The Sparkasse banks want to refine its offers and stand up to the direct banks of ING Diba, Generali Bank and easybank.
The situation of the Sparkasse group changed. They had to compete with affiliated bank so far, but recently new competitors in the shape of direct banks appeared.

Now the 55 different Sparkasse banks and its […]

The Austrian spice producer reports a strong growth in sales in Eastern Europe and Russia.
The first time in company history, the foreign business overtops the domestic market by sales of 46 mio EUR (domestic market 44 mio EUR).

Since 125 years the Austrian family business Kotanyi is classified as expert in the sector of spices. The […]

The glass producer from the Upper Austrian town of Braunau had to declare itself insolvent. The German Zwiesel-Kristall group want to take over Inn Crystal.
The financially stricken glass producer with 250 coworkers cannot clear its financial problems. The enterprise has filed for insolvency today. The liquidation proceedings should follow immediately.

Main creditors are the banks of […]

Since beginning of the year, bank customers who have a savings account can check if they receive enough intereset. 20 percent of the reviewed bank savings accounts were backpayed up to now.
Concerned are all savings bank books which were opened as of January 1994, and which had a variable interest rate at least for one […]

The 25th trade fair in Innsbruck closed yesterday. Products of 485 exhibitors were presented.
The beautiful weather had no negative influence on the attendance, said congress and fair director Georg Lamp.

This years topics were spring, gardening and barbecue, as well as cars, fashion, building, living and renovating. But also the energy conservation was a very important […]

The Viennese real estate company Conwert want to take 400 mio EUR. The capital increase should flow in new projects.
If it’s possible to do a total completion, the basic capital of 586,95 mio EUR should raise up to 853,60 mio EUR. Remaining shareholders have an option on new stock in the proportion of 11 to […]

After the oversupply of biological gas in Austria, an excessive amount of ethanol is possible. Agrana wants to produce 240.000 square metres, but the Austrian mineral oil administration “OMV” only want to take a third of such amount.
As from October the admixture of ethanol to gas will be duty by law, the hype of biological […]

The delight for Strabag to receive the order to build the motorway network in Bosnian Republic Srpska was too early. Now also Alpine-Mayreder would like to do that.
The commission amounts the construction and management of 300 km motorway. The commission volume is estimate at 2 billion EUR. But Strabag makes a backtrack, and the head […]

The specialists from Graz for the construction of biodiesel-plants, who are quoted on the stock exchange in Frankfurt, raised up their sales in 2006 to 500 percent.
Last year started on the stock exchange in Frankfurt, and the earnings before interest and taxes almost exploded.

Yesterday after the close of the exchange market, the biodiesel-plants contructor released […]

The Austrian real estate company “Immoeast AG” raised its inventory in Czech Republic to 1,29 mio square metres, and bought five new objects.
Five objects with office and retail real estates with a total of 110.000 square metres floor space in Czechs capital Prague and the second biggest city Brno, were bought in the beginning of […]

The Upper Austrian food manufacturer Spitz was able to obtain high increases last year and the beginning of this year.
Especially exports to the Arabic area, Eastern Europe and Africa made the sales accelerate skywards.

Spitz will finish the business year 2007/08 with a new sales record. An increase of 6,2% up to 218,70 mio EUR is […]

Tirolean sawmuller Fritz Klausner calls interest by investors. The capacity of his first loan was now raised from 100 up to 125 mio EUR.
The big demand of investors makes it possible. The interest rate was fixed by 5,25%, the issue price by 99,64. The emission was managed by the Investkredit of BA-CA and the RZB.

Fritz […]

The stock exchange listed betting provider Bwin from Austria, plans the total takeover of the British online bookmaker Sportingbet.
The management of Bwin confirms negotiations with Sportingbet “in an early stadium”. At the moment it’s not possible to estimate the result of the talks.
The London newspaper “Daily Mail” reports about an offer of the Austrians in […]

The Austrian catering company Do&Co wants to make profit in the value of 30 mio EUR in the course of a capital increase on the Viennese stock exchange. 324.800 new shares are going to be spent for that.

By such an expense of new shares the company wants to receive 30 mio EUR from the stock […]

Deposit transfer and deposit fee until the end of the year for free. As well as 55 percent discount to own buying and selling expenses.

The Austrian discount-broker direktanlage.at is a subsidiary of the Munich DAB bank. Currently about 10.000 security paper transactions are processed every day. The discount-broker has more than 42.000 customers with a […]

Hypo Alpe-Adria Consultants Croatia in Zagreb and Hypo Alpe Adria Austria in Klagenfurt should be sold.
According to Austrias economy newspaper “Wirtschaftsblatt”, 25 bidder showed their interest. Currently 8 bidder remain. It’s told the Italian operator Maurizio Zamparini has offered to pay 1,2 billion EUR.

Zamparini is president of the Italian football club “FC Palermo”. In former […]

The food giant already earn 41,50 percent of its sales abroad. The share should raise up to 50 percent in the next three years.
SPAR boss Gerhard Drexel is satisfied with 2006: “It was a good year. SPAR was able to grow and beat the earning goals.”

SPAR group Austria increased the sales by 9,2 percent up […]

Outgoing from the total tax and charge load in Austria to the labor costs (including social insurance contribution and local tax) the tax and contribution ratio of 20 percent is over the average of the OECD.

One average earning single person in Austria, who cost his employer 100 EUR, has a remaining sum of only 51,90 […]

The Austrian Verbund association and its Turkish partner, the conglomerate “Sabanci”, want to invest about five billion EUR into the Turkish electricity sector.
According to a report in the German newspaper “Frankfurter Allgemeinen Zeitung” both companies are planning to participate in the privatization of the Turkish electricity market. Thereby new power plants should be built as […]

At the moment the stock exchange in Vienna is nothing for people with bad nerves, but a paradise for speculators. Because of high volatility, big exchange profits are possible.
Several percent loss at the Viennese stock exchange after the crash of the stock exchange market in the USA on Tuesday, and no trace of a rebound.

But […]