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21st Austria weekly - OMV, Lenzing, ams Osram, Andritz (02/11/2022)

06.11.2022

OMV: OMV, the international, integrated oil, gas and chemicals company headquartered in Vienna, and Wood, a global leader in consulting and engineering solutions in energy and materials markets, signed a Memorandum of Understanding (MoU) to enter into a mutually exclusive collaboration agreement for the commercial licensing of OMV’s proprietary ReOil® technology. The two companies aim to agree on a binding cooperation by mid-2023. Further, the Supervisory Board of OMV Aktiengesellschaft has appointed Daniela Vlad as the new Executive Board Member responsible for Chemicals & Materials. Daniela Vlad has accepted the appointment. She will take up the post with effect from February 1, 2023, for a three-year period, with an extension option for further two years, subject to mutual agreement.
OMV: weekly performance: 8.90%

Lenzing: The Supervisory Board of Lenzing AG, an Austrian based provider of sustainably produced specialty fibers for the textile and nonwoven industries, has appointed Nico Reiner as its new Chief Financial Officer. Mr. Reiner will join Lenzing’s Managing Board led by Chief Executive Officer Stephan Sielaff on January 1, 2023. He will succeed Chief Financial Officer Thomas Obendrauf, who is leaving the company of his own volition after seven years.
Lenzing: weekly performance: 16.81%

ams Osram: ams Osram, a leader in optical solutions, reports third quarter group financial results. Third quarter group revenues were Euro 1,213 mn, down 6% compared to same quarter 2021. The third quarter adjusted group result from operations (EBIT) was Euro 91 mn compared to Euro 133 mn for the same period 2021 (unadjusted: Euro -327 mn).
AMS: weekly performance: 9.95%

Andritz: International technology group Andritz has acquired Duro Dakovic Termoenergetska Postrojenja (DD-TEP) in Croatia. The company has annual revenue of approximately 60 million euros and employs around 870 people at its two locations in Slavonski Brod and Lužani (both in Croatia). DD-TEP focuses on designing and manufacturing boiler facilities, energy islands and power stations that process biomass and waste on grate technology, thus strongly supporting circular economy. Furthermore, DD-TEP also manufactures and delivers complete power stations on a “turn-key” basis with a power output larger than 2 MWel, producing electricity and heat energy from renewable biomass sources. The acquisition will further strengthen Andritz's market position for renewable energy equipment especially with grate technology and enhance its capacity and quality of manufacturing of pressure parts and boiler auxiliary equipment.
Andritz: weekly performance: 7.96%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (02/11/2022)


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21st Austria weekly - OMV, Lenzing, ams Osram, Andritz (02/11/2022)


06.11.2022, 2727 Zeichen



OMV: OMV, the international, integrated oil, gas and chemicals company headquartered in Vienna, and Wood, a global leader in consulting and engineering solutions in energy and materials markets, signed a Memorandum of Understanding (MoU) to enter into a mutually exclusive collaboration agreement for the commercial licensing of OMV’s proprietary ReOil® technology. The two companies aim to agree on a binding cooperation by mid-2023. Further, the Supervisory Board of OMV Aktiengesellschaft has appointed Daniela Vlad as the new Executive Board Member responsible for Chemicals & Materials. Daniela Vlad has accepted the appointment. She will take up the post with effect from February 1, 2023, for a three-year period, with an extension option for further two years, subject to mutual agreement.
OMV: weekly performance: 8.90%

Lenzing: The Supervisory Board of Lenzing AG, an Austrian based provider of sustainably produced specialty fibers for the textile and nonwoven industries, has appointed Nico Reiner as its new Chief Financial Officer. Mr. Reiner will join Lenzing’s Managing Board led by Chief Executive Officer Stephan Sielaff on January 1, 2023. He will succeed Chief Financial Officer Thomas Obendrauf, who is leaving the company of his own volition after seven years.
Lenzing: weekly performance: 16.81%

ams Osram: ams Osram, a leader in optical solutions, reports third quarter group financial results. Third quarter group revenues were Euro 1,213 mn, down 6% compared to same quarter 2021. The third quarter adjusted group result from operations (EBIT) was Euro 91 mn compared to Euro 133 mn for the same period 2021 (unadjusted: Euro -327 mn).
AMS: weekly performance: 9.95%

Andritz: International technology group Andritz has acquired Duro Dakovic Termoenergetska Postrojenja (DD-TEP) in Croatia. The company has annual revenue of approximately 60 million euros and employs around 870 people at its two locations in Slavonski Brod and Lužani (both in Croatia). DD-TEP focuses on designing and manufacturing boiler facilities, energy islands and power stations that process biomass and waste on grate technology, thus strongly supporting circular economy. Furthermore, DD-TEP also manufactures and delivers complete power stations on a “turn-key” basis with a power output larger than 2 MWel, producing electricity and heat energy from renewable biomass sources. The acquisition will further strengthen Andritz's market position for renewable energy equipment especially with grate technology and enhance its capacity and quality of manufacturing of pressure parts and boiler auxiliary equipment.
Andritz: weekly performance: 7.96%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (02/11/2022)



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