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Österreichische Beteiligungs AG
The Österreichische Beteiligungs AG (ÖBAG; English: Austria Holding PLC) is an Austrian state-owned holding company that can be characterized as a sovereign wealth fund. It administers the investments of the Republic of Austria in partially or entirely nationalized companies. It is headquartered in Vienna. History In 1967, the ''Österreichische Industrieverwaltungs-GmbH'' (Austrian industry administration GmbH) was established to centralize the administration of the interests in nationalized companies. It was transformed to the ''Österreichische Industrieverwaltungs-AG'' (Austrian industry administration AG) in 1970 and at the same instant got assigned the shares of the nationalized companies. The ÖIAG (since 1986) and the companies it owned formed a group (the Austrian Industries AG) until 1993, when this group was split and the ÖIAG was instructed to privatize the companies it owned. In 2015, the Austrian state holding ÖIAG was turned into a limited liability company ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simmering-Graz-Pauker
Simmering-Graz-Pauker AG (SGP), founded as Simmering-Graz-Pauker AG für Maschinen-, Kessel- und Waggonbau, was an important Austrian machine and engine factory, manufacturing: machinery, boilers and rail vehicles. It was established in 1941 through the merger of Simmering machinery and rolling stock company with the Graz machine and rolling stock company and the Paukerwerkstraße Corporation from Vienna. History After World War II the company was majority owned by the state and had a wide network of international offices and subsidiaries in Asia, South America and Europe with several thousand employees. The company experienced rapid growth until the mid-1980s. SGP ceased to exist as an independent company in 1989 as part of the restructuring of the state-owned Österreichische Industrieholding (ÖIAG), when the former was renamed as ''SGP Verkehrstechnik GmbH''. In 1992, the Republic of Austria sold 26% of its shares in SGP to Siemens, and in 1993 another 48% of SGP's shares ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Siemens AG
Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', ''Energy'', ''Healthcare'' (Siemens Healthineers), and ''Infrastructure & Cities'', which represent the main activities of the corporation. The corporation is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the corporation's total sales, is its second-most profitable unit, after the industrial automation division. In this area, it is regarded as a pioneer and the company with the highest revenue in the world. The corporation is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 303,000 people worldwide and reported global revenue of around €62 billion in 2021 according to its earnings release. History 1847 to 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vienna International Airport
Vienna International Airport (german: Flughafen Wien-Schwechat; ) is the international airport of Vienna, the capital of Austria, located in Schwechat, southeast of central Vienna and west of Bratislava, the capital of Slovakia. It is the country's largest airport and serves as the hub for Austrian Airlines as well as a base for low-cost carriers Wizz Air and Ryanair. It is capable of handling wide-body aircraft up to the Airbus A380. The airport features a dense network of European destinations as well as long-haul flights to Asia, North America and Africa. In 2020, the airport handled 7.8 million passengers, a 75.3% decrease compared to 2019 due to the impact of the COVID-19 pandemic on aviation, collapse of air traffic during the COVID-19 pandemic. History Early years Originally built as a military airport in 1938 and used during World War II as the Heinkel firm's southern military aircraft design and production complex, or ''Heinkel-Süd'' facility, it was taken over by t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flughafen Wien AG
Vienna International Airport (german: Flughafen Wien-Schwechat; ) is the international airport of Vienna, the capital of Austria, located in Schwechat, southeast of central Vienna and west of Bratislava, the capital of Slovakia. It is the country's largest airport and serves as the hub for Austrian Airlines as well as a base for low-cost carriers Wizz Air and Ryanair. It is capable of handling wide-body aircraft up to the Airbus A380. The airport features a dense network of European destinations as well as long-haul flights to Asia, North America and Africa. In 2020, the airport handled 7.8 million passengers, a 75.3% decrease compared to 2019 due to the collapse of air traffic during the COVID-19 pandemic. History Early years Originally built as a military airport in 1938 and used during World War II as the Heinkel firm's southern military aircraft design and production complex, or ''Heinkel-Süd'' facility, it was taken over by the British in 1945 and became RAF ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dorotheum
The Dorotheum () is one of the world's oldest auction houses and is the largest auction house of art items in Continental Europe. Established by Emperor Joseph I in 1707, it has its headquarters in Vienna on the Dorotheergasse and branches in other European countries. Besides auctions, the retail sector also plays a major role in Dorotheum's business. In the Dorotheum, works of art, antiques, furniture, and jewellery from various centuries are put up for auction. The building is constructed in the neo-classical style. It is an attraction for Viennese natives and numerous tourists alike. Branches exist in Vienna in the Austrian states, the Czech capital of Prague, and the Italian cities of Milan and Rome, as well as in Düsseldorf, Munich and Brussels. History The firm's establishment as the ''Versatz- und Fragamt zu Wien'' was carried out by Emperor Joseph I in 1707. Seventy years later it moved into the former Dorotheerkloster, which gave it its current name of ''Dorotheum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austria Tabak
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous city and state. A landlocked country, Austria is bordered by Germany to the northwest, the Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The country occupies an area of and has a population of 9 million. Austria emerged from the remnants of the Eastern and Hungarian March at the end of the first millennium. Originally a margraviate of Bavaria, it developed into a duchy of the Holy Roman Empire in 1156 and was later made an archduchy in 1453. In the 16th century, Vienna began serving as the empire's administrative capital and Austria thus became the heartland of the Habsburg monarchy. After the dissolution of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
