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21st Austria weekly - Verbund, OMV, Andritz (13/12/2022)

18.12.2022

Verbund: Following the successful entry into the Spanish market, Austrian utility company Verbund announced the company’s market entry into the Italian market. The basis for this is provided by a cooperation agreement with the PV-Invest Group for the acquisition of a project development company including development of a photovoltaic (PV) project portfolio of up to 250 MWp. As yet, the acquisition of the project is not contractually linked to an investment decision, which will only be made when the projects are ready to build and is contingent on VERBUND’s (profitability) criteria continuing to be met.
Verbund: weekly performance: -4.83%

OMV: In its current meeting, the Supervisory Board of oil, gas an chemicals company OMV has appointed Reinhard Florey, OMV Chief Financial Officer, as Executive Board Member responsible for the Energy segment on an interim basis. Effective January 1, 2023, he will assume this role additionally to his Chief Financial Officer function until a permanent appointment has been made for this position. The current Executive Officer Exploration & Production Johann Pleininger will resign from his position in the Executive Board by mutual agreement effective December 31, 2022.
OMV: weekly performance: -2.60%

Andritz: International technology group Andritz has received an order from Ternium in Pesquería near Monterrey, Nuevo León, Mexico, to supply a new high-end push pickling line (PPL), designed for advanced high-strength steel grades. The new line will have an annual capacity of 550,000 metric tons and will be used mainly for the automotive and home appliance industry. Start-up is scheduled for mid-2024.
Andritz: weekly performance: -1.20%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (13/12/2022)


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21st Austria weekly - Verbund, OMV, Andritz (13/12/2022)


18.12.2022, 1771 Zeichen



Verbund: Following the successful entry into the Spanish market, Austrian utility company Verbund announced the company’s market entry into the Italian market. The basis for this is provided by a cooperation agreement with the PV-Invest Group for the acquisition of a project development company including development of a photovoltaic (PV) project portfolio of up to 250 MWp. As yet, the acquisition of the project is not contractually linked to an investment decision, which will only be made when the projects are ready to build and is contingent on VERBUND’s (profitability) criteria continuing to be met.
Verbund: weekly performance: -4.83%

OMV: In its current meeting, the Supervisory Board of oil, gas an chemicals company OMV has appointed Reinhard Florey, OMV Chief Financial Officer, as Executive Board Member responsible for the Energy segment on an interim basis. Effective January 1, 2023, he will assume this role additionally to his Chief Financial Officer function until a permanent appointment has been made for this position. The current Executive Officer Exploration & Production Johann Pleininger will resign from his position in the Executive Board by mutual agreement effective December 31, 2022.
OMV: weekly performance: -2.60%

Andritz: International technology group Andritz has received an order from Ternium in Pesquería near Monterrey, Nuevo León, Mexico, to supply a new high-end push pickling line (PPL), designed for advanced high-strength steel grades. The new line will have an annual capacity of 550,000 metric tons and will be used mainly for the automotive and home appliance industry. Start-up is scheduled for mid-2024.
Andritz: weekly performance: -1.20%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (13/12/2022)



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