SBO snatches Dubai firm

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Business

Oil industry equipment maker Schoeller-Bleckmann Oilfield Equipment AG (SBO) has taken over an Arabian rival, it has been announced.The global market leader, which is headquartered in Ternitz, said today (Mon) it had acquired a 100 per cent interest in Dubai-based Drilling Systems International Ltd. (DSI). A takeover price was not disclosed by the Lower Austrian […]

‘New spirit’ approval as Vienna hosts US-Russian spies exchange

Categories
General News

Political exports praised the “new spirit” between Washington and Russia as one of the most spectacular espionage cases came to an end in Vienna today (Fri).US officials arrived with ten suspected spies – 10 men and one women – to Vienna International Airport (VIA) around midday, while a plane from Moscow carried four suspected male […]

Banca Transilvania eyes WBAG move

Categories
Finance

Romanian bank Banca Transilvania has plans to get listed on the Vienna Stock Exchange (WBAG), online newspaper Romanian Times has reported.The news platform reports today (Fri) that the possible move will be discussed at a shareholders’ meeting on 28 April.The institute has been traded on the Bucharest Stock Exchange since 1997.The European Bank for Reconstruction […]

Duropack to acquire Belisce

Categories
Business

Vienna-based packaging company Duropack is reportedly planning to take over Croatian paper and plastic products manufacturer Belisce.The Zagreb stock exchange announced yesterday (Thurs) that Duropack would make an offer for all Belisce’s shares it does not already own. The Austrian firm has 26.7 per cent of them.Duropack purchased 20 per cent of Belisce’s shares two […]