Österreichische Beteiligungs AG
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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 (Ge ...
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Aktiengesellschaft
(; abbreviated AG ) is a German language, German word for a corporation limited by Share (finance), share ownership (i.e., one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni'') and South Tyrol for companies incorporated there. In the United Kingdom, the equivalent term is public limited company, and in the United States, while the terms "Incorporation (business), incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company". Meaning of the word The German word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an acting part or shares, share, and ''Gesellschaft'', meaning company or society. English translations include ''share company'', or ''company limited by shares'', or joint-stock company. In German, ...
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Voestalpine AG
Voestalpine AG – stylized as voestalpine – is an Austrian steel-based technology and capital goods group based in Linz, Austria. The company is active in steel, automotive, railway systems, profilform and tool steel industries. As of 2017, it is one of the few profitable steel companies in Europe. 45 percent of its workforce is based in Austria. The Linz hot strip mill is a "fully integrated steel works" operated by voestalpine Stahl GmbH, a part of the steel division of voestalpine AG. In addition to Linz the most important plants are in Leoben in Styria and in Krems in Lower Austria. It had a large plant at Liezen in Styria which closed in the 1990s. Voestalpine is responsible for 10% of all Austrian CO2 emissions, which makes it the biggest emitter in the country. The name of the company amalgamates its two principal components, the VÖEST (Vereinigte Österreichische Eisen und Stahlwerke) in Upper Austria, established through nationalization in July 1946,Tweraser ...
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Vienna International Airport
Vienna Airport is an international airport serving Vienna, the capital of Austria. It is located in Schwechat, southeast of central Vienna and west of Bratislava, the capital of Slovakia. Its official name according to the Austrian Aeronautical Information Publication is Wien-Schwechat Airport. It is the country's largest airport and serves as the hub for Austrian Airlines as well as a base for low-cost carriers Ryanair and Wizz Air. 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. 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 Schwechat under the occupation of the country. In 1954, the ''Betriebsgesellschaft'' was f ...
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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 ''Dorothe ...
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Austria Tabak
Austria, formally the Republic of Austria, is a landlocked country in Central Europe, lying in the Eastern Alps. It is a federation of nine states, of which the capital Vienna is the most populous city and state. 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 around 9 million. The area of today's Austria has been inhabited since at least the Paleolithic period. Around 400 BC, it was inhabited by the Celts and then annexed by the Romans in the late 1st century BC. Christianization in the region began in the 4th and 5th centuries, during the late Roman period, followed by the arrival of numerous Germanic tribes during the Migration Period. Austria, as a unified state, emerged from the remnants of the Eastern and Hungarian March at the end of the first millenni ...
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