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February 07, 2016 9:30 PM ET

Diversified Financial Services

Company Overview of Österreichische Bundes- und Industriebeteiligungen GmbH

Company Overview

Österreichische Bundes- und Industriebeteiligungen GmbH, through its investments, operates in the oil and gas, casinos and gaming, telecommunications, and postal businesses in Australia and internationally. The company is involved in the exploration, production, refining and marketing, and storage of oil and gas products. It also operates 12 casinos with roulette, blackjack, poker, and slot machines, as well as 15 outlets with video lottery terminals under the WINWIN brand name. In addition, the company provides telecommunication services in the areas of voice telephony, broadband Internet, multimedia, data and IT solutions, and wholesale and payments solutions; pension products; and logisti...

Dresdner Strasse 87

Vienna,  1201

Austria

Founded in 1946

Phone:

43 1711 14 0

Fax:

43 1711 14 245

Key Executives for Österreichische Bundes- und Industriebeteiligungen GmbH

Chief Executive Officer
Member of Management Board
Age: 59
Compensation as of Fiscal Year 2015.

Österreichische Bundes- und Industriebeteiligungen GmbH Key Developments

ÖIAG To Buy Stake In Casinos Austria

Österreichische Industrieholding AG (ÖIAG) is planning to buy 33.2% stake in Casinos Austria from MÜNZE Österreich Aktiengesellschaft. ÖIAG has not confirmed any schedule, but has confirmed the acquisition plan. The price is unknown but the speculations are the company can be worth of €800 million. The operating profit of Casinos Austria slipped to €4.6 million from €16 million and revenue also slipped from €264 million to €253 million in 2013.

Oiag Appoints Siegfreid Wolf as the Head of Supervisory Board

OIAG announced that its supervisory board has appointed Siegfreid Wolf as the head of supervisory board.

Österreichische Industrieholding Denies OMV Stake Sale

Siegfried Wolf, Chairman of Österreichische Industrieholding AG (owner of 31.5% stake in OMV Aktiengesellschaft) said, "Russian gas giant Gazprom is not in talks to acquire a stake in Austrian oil and gas firm OMV". Reuters had reported earlier that Open Joint Stock Company Gazprom (MICEX:GAZP) is in talks to acquire 24.9% stake in OMV Aktiengesellschaft (WBAG:OMV) from International Petroleum Investment Company PJSC.

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