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November 29, 2015 2:36 AM 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 postal, energy, and telecommunications businesses. It provides logistics and postal services; and telecommunication services in the areas of voice telephony, broadband Internet, Multimedia, data and IT solutions, wholesale and payments solutions, and convergent products. The company is also involved in the exploration, production, refining, and marketing of oil and gas products; and management of retirement pension funds. The company was formerly known as Österreichische Industrieholding AG and changed its name to Österreichische Bundes- und Industriebeteiligungen GmbH in March, 2015. Österreich...

Dresdner Strasse 87

Vienna,  1201


Founded in 1946


43 1711 140


43 1711 14245

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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