Mirko Kovats has harshly attacked Wilhelm Rasinger over the bankruptcy of A-Tec Industries AG (A-Tec). The industrial company – which consists of various affiliates operating in the raw material sector, the creation of factories and the production of tools – was founded by Kovats. It had to open insolvency procedures last year. The controlled bankruptcy […]
The government is disagreeing over whether the Federal Industry-Holding Stock Corporation (ÖIAG) should get involved in the handling of a major bankruptcy to save jobs. Social Democratic (SPÖ) General Secretary Günther Kräuter suggested yesterday (Sun) ÖIAG should be used as an “active industrial-political instrument” after it became clear on Friday that plans to carry out […]
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.ÖIAGs 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 […]
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 Peoples Party (ÖVP) assigned ÖIAG to sell a major stake of AUA when it became clear that the airline was at risk of […]
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 […]
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 […]
Telekom Austria Group (TA) has joined an internationally-operating union of telecommunication service providers.Technology media report today (Thurs) that the Austrian market leader has become a member of the Wholesale Applications Community (WAC), with TA chief Hannes Ametsreiter named board member of the body.WAC aims to be an international interface between creators of IT applications and […]