Beyrer gets ÖIAG top job

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Business

Markus Beyrer, the general secretary of the Federation of Austrian Industries (IV), has been appointed as the new head of Industry-Holding Stock Corporation ÖIAG.ÖIAG’s supervisory board unanimously voted for Beyrer yesterday afternoon (Tues). Around 40 businesspeople applied for the post, according to reports. Former Telekom Austria (TA) and VimpelCom boss Boris Nemsic was the only […]

AUA – Lufthansa deal a ‘success’ and ‘very good solution’

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Business

Austrian Industry-Holding Stock Corporation (ÖIAG) head Peter Michaelis has claimed that the sale of Austrian Airlines (AUA) to Lufthansa was a “success”.The Austrian government coalition of the Social Democrats (SPÖ) and the People’s Party (ÖVP) assigned ÖIAG to sell a major stake of AUA when it became clear that the airline was at risk of […]

Under-fire Michaelis ‘will not reapply’

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Business

Peter Michaelis will not apply for another term as head of Federal Industry-Holding Stock Corporation (ÖIAG), it has emerged.A spokeswoman for ÖIAG announced today (Fri) that the businessman, whose contract ends next June, did not have any plans to suggest an extension of his contract. She refused to reveal any names for potential successors, but […]

Majority want ÖIAG axed, poll shows

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Business

More than six in 10 Austrians want a dissolution of the Austrian industry-holding stock corporation (ÖIAG), according to a poll.Researchers IFES said today (Mon) 61 per cent supported a possible shutdown of the body, while 30 per cent backed its continued existence.The future of ÖIAG and responsibilities has been publicly debated by the Social Democrats […]