Another week in Germany with Iz's "Somewhere over the Rainbow" still number one, for now a fourth time in the singles top 100. He is once again followed by Rihanna's dance smash "Only Girl", while Hurts' wonderful "Wonderful Life" returns to the top three in its eleventh week on the countdown.
Video Iz
Video Rihanna
Video Hurts
No single song enters or exits the top ten with the biggest new entry coming in at #22. Bon Jovi is a band which does not need introduction. Their first hit in Germany was "Livin’ on a Prayer" in 1986 and their last "Superman Tonight" from earlier this year. It's a career many bands would have been envy of, apart from the fact that Bon Jovi has never reached number one in Germany, with only "It's My Life" coming closer by peaking at #2. Their latest single "What Do You Got?" marks the release of the band's "Greatest Hits" and although it manages to enter the top 30, it has nothing new to offer in terms of music quality...
Video
The next new entry comes from German singer Valentine at #30. "Black Sheep" is a great pop item which succeeds to become the biggest charting single of Valentine, who had some top 100 single in the last five years, which I personally don't remember. The most successful of them was "Feel So Bad", which reached #33 in 2005.
Video
Further down the chart it has to be mentioned that Alicia Keys' "Empire State Of Mind" (Part II) finally breaks in to the top 40 by jumping from #72 to #35 in its...21 week in the countdown.
Video
The third highest new entry belongs to the group which currently has the best selling album in Germany, in other words Kings of Leon. "Radioactive" is the pilot single of the guys' fifth album and enters this week at the rather low #41. Although some may blame the group to have become too commercial, I still think this is one of the best tracks of the autumn. Kings' biggest hit in Germany is "Use Somebody" which peaked at #9.
Video
Interesting moves and the other new entries further down the chart:
#44 (up from #56 in its 54 week!!!) - Gossip - Heavy Cross
Video
#46 (up from #66) - Eliza Doolittle - Skinny Genes
Video
#49 (New) - Jamiroquai - White Knuckle Ride
Video
#80 (New) - Till Brönner - Summer Breeze
Video
#86 (New) - Tone Damli - Butterflies
Video
Info - Wikipedia
събота, 30 октомври 2010 г.
петък, 29 октомври 2010 г.
Austrian economic news in a flash - 28 October 2010
Top Story
EVN has priced the shares for its current capital hike at EUR 11 apiece. The company plans to issue above 16.35m shares and thus to raise gross proceeds of EUR 179.88m. The province of Lower Austria, as a majority shareholder, will subscribe for 51% of the shares.
*
Top Story
Builder Strabag and Austrian Federal Railways have signed the contract for the construction of the Koralm Tunnel. The EUR 570m worth order is the biggest contract awarded in Austria ever, Strabag said. The company will receive 85% of the value and build two parallel tunnels with a length of 20 km each.
*
Top Story
Verbund reduced its earnings forecasts for 2010 and said it expects its net profit to be by 35% lower than in 2009 due to negative one-off items (especially related to Verbund's stake in French Poweo). The operating result is seen lower by 25% at the most. In the first nine months of the year, the EBIT fell 22.1% to EUR 625.6m and the net profit decreased 39.5% to EUR 334m -- results which met analysts' expectations. Sales went down 1.7% to EUR 2.406bn.
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Notebook producer Quanmax said its sales grew 18% to EUR 18.7m in the third quarter of 2010, with its net profit standing at EUR 2.52m for the first nine months of 2010. In view of the strong order backlog, the company projects an increase in sales and profit in the last three months of the year. Quanmax expects at least EUR 73m in sales for full 2010, up from EUR 70m forecast before.
*
The purchasing manager index PMI of Bank Austria, which measures the sentiment among the country's industry stood at the healthy 56-point level in October, compared to 56.1 points in September. Following the good order intake, now the companies will start increasing their staff and widen production, the economists said. Newcoming orders will continue to grow but at a smaller pace.
*
Mirko Kovats is ready to dispose of a controlling stake of 25.1% in his industrial holding A-Tec in order to save it from collapse. The company said surprisingly last week it had decided to file for insolvency and now is negotiating its refinancing strategy.
*
IT services provider S&T widened its EBIT loss to EUR 14m in the first three quarters of 2010 from EUR 1.3m a year earlier. Sales decreased to EUR 264.4m from EUR 283.1m. The company's CEO said the restructuring of the firm has started to show positive results and he expects a successful performance in 2012.
*
Crane maker Palfinger said it had taken over the marine and wind crane business of Palfinger systems GmbH, which has been owned so far by the Palfinger family. Palfinger will pay initially EUR 15m and provide future earn-outs based on the achievement of certain targets.
*
Austrian Airlines will have to take part of the new flight taxes by itself as to avoid the transferring of clients to the nearby Bratislava airport, its CEOs told a telephone conference. With the new tax, the Austrian government wants to raise EUR 60m per year to be used for environmental issues. The aviation sector however fears that the move will have an extremely negative impact on the business.
*
Struggling webfreetv.com has agreed with its shareholder Connexia on a new loan in the form of mezzanine capital. No details were given.
EVN has priced the shares for its current capital hike at EUR 11 apiece. The company plans to issue above 16.35m shares and thus to raise gross proceeds of EUR 179.88m. The province of Lower Austria, as a majority shareholder, will subscribe for 51% of the shares.
*
Top Story
Builder Strabag and Austrian Federal Railways have signed the contract for the construction of the Koralm Tunnel. The EUR 570m worth order is the biggest contract awarded in Austria ever, Strabag said. The company will receive 85% of the value and build two parallel tunnels with a length of 20 km each.
*
Top Story
Verbund reduced its earnings forecasts for 2010 and said it expects its net profit to be by 35% lower than in 2009 due to negative one-off items (especially related to Verbund's stake in French Poweo). The operating result is seen lower by 25% at the most. In the first nine months of the year, the EBIT fell 22.1% to EUR 625.6m and the net profit decreased 39.5% to EUR 334m -- results which met analysts' expectations. Sales went down 1.7% to EUR 2.406bn.
*
Notebook producer Quanmax said its sales grew 18% to EUR 18.7m in the third quarter of 2010, with its net profit standing at EUR 2.52m for the first nine months of 2010. In view of the strong order backlog, the company projects an increase in sales and profit in the last three months of the year. Quanmax expects at least EUR 73m in sales for full 2010, up from EUR 70m forecast before.
*
The purchasing manager index PMI of Bank Austria, which measures the sentiment among the country's industry stood at the healthy 56-point level in October, compared to 56.1 points in September. Following the good order intake, now the companies will start increasing their staff and widen production, the economists said. Newcoming orders will continue to grow but at a smaller pace.
*
Mirko Kovats is ready to dispose of a controlling stake of 25.1% in his industrial holding A-Tec in order to save it from collapse. The company said surprisingly last week it had decided to file for insolvency and now is negotiating its refinancing strategy.
*
IT services provider S&T widened its EBIT loss to EUR 14m in the first three quarters of 2010 from EUR 1.3m a year earlier. Sales decreased to EUR 264.4m from EUR 283.1m. The company's CEO said the restructuring of the firm has started to show positive results and he expects a successful performance in 2012.
*
Crane maker Palfinger said it had taken over the marine and wind crane business of Palfinger systems GmbH, which has been owned so far by the Palfinger family. Palfinger will pay initially EUR 15m and provide future earn-outs based on the achievement of certain targets.
*
Austrian Airlines will have to take part of the new flight taxes by itself as to avoid the transferring of clients to the nearby Bratislava airport, its CEOs told a telephone conference. With the new tax, the Austrian government wants to raise EUR 60m per year to be used for environmental issues. The aviation sector however fears that the move will have an extremely negative impact on the business.
*
Struggling webfreetv.com has agreed with its shareholder Connexia on a new loan in the form of mezzanine capital. No details were given.
четвъртък, 28 октомври 2010 г.
Austrian economic news in a flash - 27.10
Top Story
The revamp of collapsed A-Tec will take above EUR 100m, business daily WirtschaftsBlatt reported. The banks, with which A-Tec wants to secure its financing, are said to be demanding considerable guarantees, including company's assets. Furthermore, A-Tec's CEO Mirko Kovats is reportedly ready to provide a substantial part of the necessary revamp money. The Wednesday meeting with the bank partners showed positive results, participants told APA news agency later in the day.
*
Top Story
Utility EVN will start this Friday its planned capital hike, with a subscription period until November 12. The company is offering above 16m new shares. EVN wants to raise about EUR 200m to be used for investments in renewables and strengthening of the financial figures. This is the second attempt of EVN to launch a capital increase this month, after the previous one failed following the decision of German partner EnBW to keep its EVN stake rather than to divest it.
*
Business consultancy Plaut said it generated sales of EUR 6.4m for Q3 2010, unchanged from last year. The EBIT, before restructuring costs, stood at EUR 0.1m. The company expects an increase in the results for the last three months of the year.
*
The European Commission plans to start legal action against Austria over its bilateral agreement with Russia. The agreement gives country's flag carrier AUA the right to fly to Russia. However, according to the EC legislation, all treaties between an EU country and a third party have to imply to the entire aviation sector and not only to a single company.
*
The number of overnight stays in Austria rose 1.1% to 56.18m in the 2010 summer season between May and September. The number of tourists increased 3.5% to a record-high of 15.71m, Statistik Austria reported.
The revamp of collapsed A-Tec will take above EUR 100m, business daily WirtschaftsBlatt reported. The banks, with which A-Tec wants to secure its financing, are said to be demanding considerable guarantees, including company's assets. Furthermore, A-Tec's CEO Mirko Kovats is reportedly ready to provide a substantial part of the necessary revamp money. The Wednesday meeting with the bank partners showed positive results, participants told APA news agency later in the day.
*
Top Story
Utility EVN will start this Friday its planned capital hike, with a subscription period until November 12. The company is offering above 16m new shares. EVN wants to raise about EUR 200m to be used for investments in renewables and strengthening of the financial figures. This is the second attempt of EVN to launch a capital increase this month, after the previous one failed following the decision of German partner EnBW to keep its EVN stake rather than to divest it.
*
Business consultancy Plaut said it generated sales of EUR 6.4m for Q3 2010, unchanged from last year. The EBIT, before restructuring costs, stood at EUR 0.1m. The company expects an increase in the results for the last three months of the year.
*
The European Commission plans to start legal action against Austria over its bilateral agreement with Russia. The agreement gives country's flag carrier AUA the right to fly to Russia. However, according to the EC legislation, all treaties between an EU country and a third party have to imply to the entire aviation sector and not only to a single company.
*
The number of overnight stays in Austria rose 1.1% to 56.18m in the 2010 summer season between May and September. The number of tourists increased 3.5% to a record-high of 15.71m, Statistik Austria reported.
сряда, 27 октомври 2010 г.
German chart comments - Issue date - 22.10.2010
As Iz stands for a third consecutive week at #1 with "Somewhere Over The Rainbow", the German top 20 sees four new entries coming from Rihanna, Usher, Culcha Candela and Sarah Connor.
Video
First of them is Rihanna who returns to the charts only a year after its latest album Rated R, which though including some top hits such as "Russian Roulette" and "Rude Boy", was considered a misfire. Now the singer comes back with a new, more dance orientated material, and by entering at #2 with "Only Girl" shows that it was worth it. Furthermore, the song was even released several weeks ahead of its video, which didn't stop it to storm the top three.
Video
Despite that Usher's previous single "OMG" was a major hit globally, it reached only #27 in Germany, which is why the entry of his latest hit "Dj Got Us Fallin' In Love" at #6 is more than a welcome surprise, proving he is still liked in the country.
Video
The first single of German band Culcha Candela entered the charts in 2004, peaking at #65. Now after six years and one number one (Hamma!) and two top ten singles (Ey DJ; Monsta) the guys are ready with their first Best Of album. "Move It" is a new track taken from the compilation and by coming in at #7 shows that Culcha Candela are more than famous currently.
Video
German diva Sarah Connor also returns to the single charts this autumn by entering at #16 with the catchy "Cold As Ice". It is the pilot single from her latest album "Real Love" and for now is that rare animal - a Sarah Connor single outside the top ten. Sarah has five number one singles and 12 top ten singles in her career spanning in the last nine years.
Video
Videos for the other new entries in the top 100:
31. Berlins Most Wanted - Berlins Most Wanted
Video
40. Christian Durstewitz - Stalker
Video
76. Tiemo Hauer - Nacht Am Strand
Video
80. Das Haus Anubis - Suche Mit Uns
Video
85. Max Mutzke - Let It Happen
Video
Video
First of them is Rihanna who returns to the charts only a year after its latest album Rated R, which though including some top hits such as "Russian Roulette" and "Rude Boy", was considered a misfire. Now the singer comes back with a new, more dance orientated material, and by entering at #2 with "Only Girl" shows that it was worth it. Furthermore, the song was even released several weeks ahead of its video, which didn't stop it to storm the top three.
Video
Despite that Usher's previous single "OMG" was a major hit globally, it reached only #27 in Germany, which is why the entry of his latest hit "Dj Got Us Fallin' In Love" at #6 is more than a welcome surprise, proving he is still liked in the country.
Video
The first single of German band Culcha Candela entered the charts in 2004, peaking at #65. Now after six years and one number one (Hamma!) and two top ten singles (Ey DJ; Monsta) the guys are ready with their first Best Of album. "Move It" is a new track taken from the compilation and by coming in at #7 shows that Culcha Candela are more than famous currently.
Video
German diva Sarah Connor also returns to the single charts this autumn by entering at #16 with the catchy "Cold As Ice". It is the pilot single from her latest album "Real Love" and for now is that rare animal - a Sarah Connor single outside the top ten. Sarah has five number one singles and 12 top ten singles in her career spanning in the last nine years.
Video
Videos for the other new entries in the top 100:
31. Berlins Most Wanted - Berlins Most Wanted
Video
40. Christian Durstewitz - Stalker
Video
76. Tiemo Hauer - Nacht Am Strand
Video
80. Das Haus Anubis - Suche Mit Uns
Video
85. Max Mutzke - Let It Happen
Video
Austrian economic news in a flash - 26 October 2010
Wilhelm Rasinger, the president of Austrian shareholders protection association IVA, said that the minority shareholders of Raiffeisen International will object in court the merger with parent Raiffeisen Zentralbank. He told paper Die Presse that the shareholders were unsatisfied with the exchange ratio for their shares in the new merged entity.
*
austriamicrosystems, or AMS, said its third-quarter sales grew 41% to EUR 55.7m. The company turned an operating profit of EUR 9.2m, compared to a loss of EUR 0.2m. The company raised its forecasts for full 2010.
*
Austrian aviation association criticised the planned flight tax as of January 1, 2010, saying the proceeds of it will be used for fill-up of budget gaps. The government plans to use the EUR 60m proceeds per year from the new tax for environmental projects. According to the association, the plan may cost around 400 jobs in the sector.
*
austriamicrosystems, or AMS, said its third-quarter sales grew 41% to EUR 55.7m. The company turned an operating profit of EUR 9.2m, compared to a loss of EUR 0.2m. The company raised its forecasts for full 2010.
*
Austrian aviation association criticised the planned flight tax as of January 1, 2010, saying the proceeds of it will be used for fill-up of budget gaps. The government plans to use the EUR 60m proceeds per year from the new tax for environmental projects. According to the association, the plan may cost around 400 jobs in the sector.
Austrian economic news in a flash - 25 October 2010
Vaccine developer Intercell reported positive results from a Phase II clinical trial on a vaccine against hospital-acquired infections. The vaccine would fight infections with the bacterium Pseudomonas aeruginosa, which are with increasing antibiotic resistance, the company said.
*
SW Umwelttechnik AG said it had decided to issue a EUR 10m bond in order to finance its expansion in Romania. The eight-year bond will bear a coupon of 4.625%.
*Peter Malanik, executive at Austrian Airlines (AUA), told APA news agency that the planned flight tax as of 2011 will be an additional hurdle on the revamp path of the company. AUA will account for half of the total collected flight taxes, according to early estimates. AUA fears that clients will chose flights to nearby countries in order to avoid the extra costs.
*
Wolfgang Ruttenstorfer, CEO of oil and gas group OMV, said the company will have no problems in finding financing for the EUR 1bn takeover of Turkish Petrol Ofisi. He, however, gave no details on the way of financing. Ruttenstorfer said also that for now there are no plans for rebranding the 2,400 filling stations of Petrol Ofisi.
*
Semmelrock, part of brick maker Wienerberger, plans to invest above EUR 8m in a new plant to the northwest of Prague. It will produce cobblestones and tiles, Wienerberger said.
*
Caterer Do&Co raised its sales by 21% to EUR 222.7m in the first half of its fiscal 2010/11 year. EBIT rose 3% to EUR 15.2m. Airline catering attribute to most of the growth, the company said.
*
SW Umwelttechnik AG said it had decided to issue a EUR 10m bond in order to finance its expansion in Romania. The eight-year bond will bear a coupon of 4.625%.
*Peter Malanik, executive at Austrian Airlines (AUA), told APA news agency that the planned flight tax as of 2011 will be an additional hurdle on the revamp path of the company. AUA will account for half of the total collected flight taxes, according to early estimates. AUA fears that clients will chose flights to nearby countries in order to avoid the extra costs.
*
Wolfgang Ruttenstorfer, CEO of oil and gas group OMV, said the company will have no problems in finding financing for the EUR 1bn takeover of Turkish Petrol Ofisi. He, however, gave no details on the way of financing. Ruttenstorfer said also that for now there are no plans for rebranding the 2,400 filling stations of Petrol Ofisi.
*
Semmelrock, part of brick maker Wienerberger, plans to invest above EUR 8m in a new plant to the northwest of Prague. It will produce cobblestones and tiles, Wienerberger said.
*
Caterer Do&Co raised its sales by 21% to EUR 222.7m in the first half of its fiscal 2010/11 year. EBIT rose 3% to EUR 15.2m. Airline catering attribute to most of the growth, the company said.
вторник, 26 октомври 2010 г.
Austrian economic news in a flash - 22.10
Top Story
Oil and gas group OMV said it had agreed with Dogan Holding to take the latter's 54.17% in Turkish petrol filling stations operator Petrol Ofisi for EUR 1bn. Thus, OMV will own 95.75% in Petrol Ofisi. OMV said it does not exclude a capital increase in order to finance the takeover.
*
AE&E, the machinery unit of A-Tec, which filed for insolvency, said that the talks with banks are running positively. The banks have expressed their readiness to support the operations of AE&E and secure its liquidity.
*
Online bookmaker Bwin said it has profited strongly from the World Cup in South Africa as its gaming revenue grew by 22% to EUR 123m in the first nine months of 2010. The company, which is to merge with UK PartyGaming, gave no forecasts for 2010.
*
Motorcycle producer KTM Power Sports closed the fourth quarter of its fiscal 2009/10 with sales of EUR 87.5m and EBIT of EUR 22.4m. The positive development was attributed to the successful launch of new products. The net profit came in at EUR 11.3m, compared to a loss of EUR 81.4m a year earlier.
*
Regional utility EVN wants to restart its capital hike as soon as possible, its CEO said at the Gewinn Messe. The initial plans of the company have failed after German player EnBW decided it wanted to keep its stake in EVN.
*
Siemens Austria will be responsible for one-fourth of a EUR 170m contract awarded to its parent in Georgia. Siemens will renovate transmission lines and transformers in the country.
*
Duropack GmbH plans to bundle its cardboard production in Austria at its Kalsdorf site near Graz. The company will invest EUR 4.5m in the plant in 2010 and 2011. Vienna will remain as headquarters of Duropack.
*
The current year runs "stable" and "well" for Telekom Austria, CEO Hannes Ametsreiter said at the Gewinn Messe. He added that the company's priorities will be high cash flow and stable dividends.
*
The global oil production industry has started to recover from the crisis, Gerald Grohmann, CEO of Schoeller-Bleckmann, said at the Gewinn Messe. The company targets further growth in the oilfield sector and also via acquisitions, he added.
*
Real estate company Immofinanz plans to relaunch paying dividends as of the current fiscal year, CEO Eduard Zehetner said at the Gewinn Messe. The company envisages EUR 0.10 per share as long as it manages to refinance an existing bond.
*
Utility Verbund said it has closed its biggest investment of EUR 550m in Turkey, together with local partner Sabanci. Thus, the company opened officially the gas steam power plant Bandirma with a capacity of 920 MW on October 22.
*
The return of Russian billionaire Oleg Deripaska as a shareholder of Strabag is fixed, the latter's CEO told Oberösterreichische Nachrichten. The stake will be bought back not only by cash by also via shares of Deripaska's own companies.
*
Austria's production index for industry and construction rose 1.3% month-on-month in August 2010, Statistik Austria reported. On an annual comparison the index grew 8.2%.
Oil and gas group OMV said it had agreed with Dogan Holding to take the latter's 54.17% in Turkish petrol filling stations operator Petrol Ofisi for EUR 1bn. Thus, OMV will own 95.75% in Petrol Ofisi. OMV said it does not exclude a capital increase in order to finance the takeover.
*
AE&E, the machinery unit of A-Tec, which filed for insolvency, said that the talks with banks are running positively. The banks have expressed their readiness to support the operations of AE&E and secure its liquidity.
*
Online bookmaker Bwin said it has profited strongly from the World Cup in South Africa as its gaming revenue grew by 22% to EUR 123m in the first nine months of 2010. The company, which is to merge with UK PartyGaming, gave no forecasts for 2010.
*
Motorcycle producer KTM Power Sports closed the fourth quarter of its fiscal 2009/10 with sales of EUR 87.5m and EBIT of EUR 22.4m. The positive development was attributed to the successful launch of new products. The net profit came in at EUR 11.3m, compared to a loss of EUR 81.4m a year earlier.
*
Regional utility EVN wants to restart its capital hike as soon as possible, its CEO said at the Gewinn Messe. The initial plans of the company have failed after German player EnBW decided it wanted to keep its stake in EVN.
*
Siemens Austria will be responsible for one-fourth of a EUR 170m contract awarded to its parent in Georgia. Siemens will renovate transmission lines and transformers in the country.
*
Duropack GmbH plans to bundle its cardboard production in Austria at its Kalsdorf site near Graz. The company will invest EUR 4.5m in the plant in 2010 and 2011. Vienna will remain as headquarters of Duropack.
*
The current year runs "stable" and "well" for Telekom Austria, CEO Hannes Ametsreiter said at the Gewinn Messe. He added that the company's priorities will be high cash flow and stable dividends.
*
The global oil production industry has started to recover from the crisis, Gerald Grohmann, CEO of Schoeller-Bleckmann, said at the Gewinn Messe. The company targets further growth in the oilfield sector and also via acquisitions, he added.
*
Real estate company Immofinanz plans to relaunch paying dividends as of the current fiscal year, CEO Eduard Zehetner said at the Gewinn Messe. The company envisages EUR 0.10 per share as long as it manages to refinance an existing bond.
*
Utility Verbund said it has closed its biggest investment of EUR 550m in Turkey, together with local partner Sabanci. Thus, the company opened officially the gas steam power plant Bandirma with a capacity of 920 MW on October 22.
*
The return of Russian billionaire Oleg Deripaska as a shareholder of Strabag is fixed, the latter's CEO told Oberösterreichische Nachrichten. The stake will be bought back not only by cash by also via shares of Deripaska's own companies.
*
Austria's production index for industry and construction rose 1.3% month-on-month in August 2010, Statistik Austria reported. On an annual comparison the index grew 8.2%.
понеделник, 25 октомври 2010 г.
Austrian economic news in a flash - 21.10
Top Story
Austrian utility EVN will renew its invitation for participation in its capital increase, the company said. This became necessary after German partner EnBW decided to keep its 35.72% stake in EVN and not to sell it.
*
Top Story
Oil and gas group OMV said it expects about EUR 200m in net extraordinary costs in the third quarter of 2010 due to write-offs in Strasshof (Austria) and Kazakhstan. The company will not manage to reach its production targets in those markets, it added. OMV's total production in Q3 decreased to 316,000 boe/d from 318,000 boe/d in Q2. The reference refinery margin stood at USD 1.84 per barrel, down from USD 3.39.
*
Top Story
Steel specialist Voestalpine may end 2010/11 with an operating profit higher by between 50% and 100% compared to last year's EUR 350m, CEO Wolfgang Eders said at the Gewinn Messe in Vienna.
*
Top Story
Shares in industrial group A-Tec Industries, which has announced an insolvency procedure, will be moved to the standard market continous segment of the Vienna Stock Exchange from the prime market, the bourse operator said.
*
Real estate developer Immofinanz sold the Valdek office building in Prague to a Danish investor due to its small size. The sale price stands above the book value of the building, the company.
*
AT&S said its sales grew 41% to EUR 243m in the first half of 2010/11. The net profit stood at EUR 19.1m.
*
Vaccine developer Intercell and US biopharmaceuticals company Romark Laboratories will jointly work on a therapy against Hepatitis C, the Austrian company said.
*
Fire-fighting vehicles maker Rosenbauer has received a EUR 17.4m order for the delivery of 21 vehicles to the Malaysia Airport Holding Berhad.
*
OAO Avielen, a joint venture between real estate companies Warimpex, CA Immo and UBM, received a EUR 60m bank credit for the financing of the Airportcity St. Petersburg, the three firms said.
*
Conwert's CEO Johann Kowar expects a positive effect of between EUR 35m and EUR 50m from the first-time consolidation of sector company Eco Business in the third quarter of 2010, Kowar said at the Gewinn Messe in Vienna.
*
There are six interested parties, including revamp specialist Erhard Grossnigg, for the takeover of the 29% stake of collapsed AvW in machinery group Binder+Co, WirtschaftsBlatt reported. The sale process is expected in November.
*
Vienna Insurance Group bought 75% plus one share in Albanian sector firm Interalbanian SHA, which holds 10% of the local market. No financial details were given.
Austrian utility EVN will renew its invitation for participation in its capital increase, the company said. This became necessary after German partner EnBW decided to keep its 35.72% stake in EVN and not to sell it.
*
Top Story
Oil and gas group OMV said it expects about EUR 200m in net extraordinary costs in the third quarter of 2010 due to write-offs in Strasshof (Austria) and Kazakhstan. The company will not manage to reach its production targets in those markets, it added. OMV's total production in Q3 decreased to 316,000 boe/d from 318,000 boe/d in Q2. The reference refinery margin stood at USD 1.84 per barrel, down from USD 3.39.
*
Top Story
Steel specialist Voestalpine may end 2010/11 with an operating profit higher by between 50% and 100% compared to last year's EUR 350m, CEO Wolfgang Eders said at the Gewinn Messe in Vienna.
*
Top Story
Shares in industrial group A-Tec Industries, which has announced an insolvency procedure, will be moved to the standard market continous segment of the Vienna Stock Exchange from the prime market, the bourse operator said.
*
Real estate developer Immofinanz sold the Valdek office building in Prague to a Danish investor due to its small size. The sale price stands above the book value of the building, the company.
*
AT&S said its sales grew 41% to EUR 243m in the first half of 2010/11. The net profit stood at EUR 19.1m.
*
Vaccine developer Intercell and US biopharmaceuticals company Romark Laboratories will jointly work on a therapy against Hepatitis C, the Austrian company said.
*
Fire-fighting vehicles maker Rosenbauer has received a EUR 17.4m order for the delivery of 21 vehicles to the Malaysia Airport Holding Berhad.
*
OAO Avielen, a joint venture between real estate companies Warimpex, CA Immo and UBM, received a EUR 60m bank credit for the financing of the Airportcity St. Petersburg, the three firms said.
*
Conwert's CEO Johann Kowar expects a positive effect of between EUR 35m and EUR 50m from the first-time consolidation of sector company Eco Business in the third quarter of 2010, Kowar said at the Gewinn Messe in Vienna.
*
There are six interested parties, including revamp specialist Erhard Grossnigg, for the takeover of the 29% stake of collapsed AvW in machinery group Binder+Co, WirtschaftsBlatt reported. The sale process is expected in November.
*
Vienna Insurance Group bought 75% plus one share in Albanian sector firm Interalbanian SHA, which holds 10% of the local market. No financial details were given.
In BG Cinemas from Oct 22
Изкормвачът / My Soul to Take 3D - I didn't manage to catch up the latest offering of "horror legend" Wes Craven (and the genre is not my cup of tea at all) but people who watched it say it's a candidate for the worst movie of the year... The reactions on IMBD and Rottentomatoes are not rosier either, so avoid spending 6 euros on this and wait for SAW 3D next week. Tandem
Trailer
БСП - Бесни Страшни Пенсии / R.E.D. - It takes a lot of courage to translate a movie's title as BSP, or the name of the Bulgarian former communist party (but it helps that it is not in the government right now). Though it is still on my "to-watch" list, I'm more than certain this Willis/Malkovich/Freeman/Mirren mesh-up will be worth every minute. A+
Trailer
Ако някой те обича - It is another week and yet another Bulgarian movie hits the screens. Having this in mind, it's more than annoying when the local film makers only complain that there are no BG films in cinemas. This comes from the mind of Kiran Kolarov, the man who was responsible for Бунтът на Л, one of the most overrated and stupid titles in the latest BG cinema history... Enough said. Pro Films
Trailer
Trailer
БСП - Бесни Страшни Пенсии / R.E.D. - It takes a lot of courage to translate a movie's title as BSP, or the name of the Bulgarian former communist party (but it helps that it is not in the government right now). Though it is still on my "to-watch" list, I'm more than certain this Willis/Malkovich/Freeman/Mirren mesh-up will be worth every minute. A+
Trailer
Ако някой те обича - It is another week and yet another Bulgarian movie hits the screens. Having this in mind, it's more than annoying when the local film makers only complain that there are no BG films in cinemas. This comes from the mind of Kiran Kolarov, the man who was responsible for Бунтът на Л, one of the most overrated and stupid titles in the latest BG cinema history... Enough said. Pro Films
Trailer
Austrian economic news in a flash - 20.10
Top Story
Industrial holding A-Tec announced the launching of an insolvency procedure due to difficulties in bond refinancing and the extremely tough situation at the Australian unit of its AE&E subsidiary. The proceedings will affect only listed holding A-Tec Industries AG and are expected to be completed by January 20. A-Tec intends to offer its bond holders a minimum return rate of 30%. The procedure will be carried out via a new regulation, which aims at a restructuring of the firm and its survival.
*
Top Story
Game developer JoWooD will carry out a capital reduction to EUR 5.47m from EUR 19.15m in order to offset its widening net losses, the company said. The new nominal value of the shares will be EUR 2 instead of EUR 7. Following the move, the company will carry out a stock split at a ratio of two-for-one.
*
Top Story
German utility EnBW will remain a large-scale shareholder in Austrian sector player EVN as its plans to reduce the stake to 9.74% from 35.72% failed. The divestment was called off as the offered price did not represent the internal value of EVN, EnBW said. EVN plans to continue with its intended capital increase of 10%.
*
Top Story
The Austrian Parliament has approved the planned EUR 1bn capital increase at the country's biggest utility Verbund. Austria owns 51% in the company.
*
Brick maker Wienerberger wants to buy back to 100% Steinzeug Abwassersysteme GmbH for EUR 34m and thus to widen its pipe system activities. The move is still subject to antitrust approval.
*
Refractory material maker RHI envisages to invest EUR 13m in China. Thus, the company's production capacity at the Dalian site will rise by 20% to 270,000 tonnes, RHI said.
*
Online bookmaker Bwin has filed with the Austrian watchdog its merger plans with UK PartyGaming. The new entity will be based in Gibraltar and will be listed on the London Stock Exchange.
*
Wirtschaftsservice Burgenland AG plans to divest its shareholding in troubled webfreetv.com if the conditions for the sale are favourable, WiBAG executive Peter Schmitl told a news conference. WiBAG is the biggest shareholder of webfreetv.com with a stake of 27.5%.
*
Industrial holding A-Tec announced the launching of an insolvency procedure due to difficulties in bond refinancing and the extremely tough situation at the Australian unit of its AE&E subsidiary. The proceedings will affect only listed holding A-Tec Industries AG and are expected to be completed by January 20. A-Tec intends to offer its bond holders a minimum return rate of 30%. The procedure will be carried out via a new regulation, which aims at a restructuring of the firm and its survival.
*
Top Story
Game developer JoWooD will carry out a capital reduction to EUR 5.47m from EUR 19.15m in order to offset its widening net losses, the company said. The new nominal value of the shares will be EUR 2 instead of EUR 7. Following the move, the company will carry out a stock split at a ratio of two-for-one.
*
Top Story
German utility EnBW will remain a large-scale shareholder in Austrian sector player EVN as its plans to reduce the stake to 9.74% from 35.72% failed. The divestment was called off as the offered price did not represent the internal value of EVN, EnBW said. EVN plans to continue with its intended capital increase of 10%.
*
Top Story
The Austrian Parliament has approved the planned EUR 1bn capital increase at the country's biggest utility Verbund. Austria owns 51% in the company.
*
Brick maker Wienerberger wants to buy back to 100% Steinzeug Abwassersysteme GmbH for EUR 34m and thus to widen its pipe system activities. The move is still subject to antitrust approval.
*
Refractory material maker RHI envisages to invest EUR 13m in China. Thus, the company's production capacity at the Dalian site will rise by 20% to 270,000 tonnes, RHI said.
*
Online bookmaker Bwin has filed with the Austrian watchdog its merger plans with UK PartyGaming. The new entity will be based in Gibraltar and will be listed on the London Stock Exchange.
*
Wirtschaftsservice Burgenland AG plans to divest its shareholding in troubled webfreetv.com if the conditions for the sale are favourable, WiBAG executive Peter Schmitl told a news conference. WiBAG is the biggest shareholder of webfreetv.com with a stake of 27.5%.
*
неделя, 24 октомври 2010 г.
Austrian economic news in a flash - 19.10
(The most important economic news in Austria)
update software AG posted an EBIT loss of EUR 0.235m for the third quarter of 2010, compared to a profit of EUR 0.715m a year earlier. The company's revenue stood at EUR 6.48m.
*
Revamp specialist Erhard Grossnigg will not buy a stake in IT services provider S&T, the company said. Now S&T will continue the bank talks over its refinancing. Grossnigg initially planned to buy 25% minus a share in S&T from insolvent AvW.
*
Fibre producer Lenzing envisages to open its Indian plant, to the south of Mumbai, at the beginning of 2013, CEO Peter Untersperger told Oberösterreichische Nachrichten. Lenzing plans to invest some USD 190m in the site.
update software AG posted an EBIT loss of EUR 0.235m for the third quarter of 2010, compared to a profit of EUR 0.715m a year earlier. The company's revenue stood at EUR 6.48m.
*
Revamp specialist Erhard Grossnigg will not buy a stake in IT services provider S&T, the company said. Now S&T will continue the bank talks over its refinancing. Grossnigg initially planned to buy 25% minus a share in S&T from insolvent AvW.
*
Fibre producer Lenzing envisages to open its Indian plant, to the south of Mumbai, at the beginning of 2013, CEO Peter Untersperger told Oberösterreichische Nachrichten. Lenzing plans to invest some USD 190m in the site.
Austrian economic news in a flash - 18.10
(The most important economic news in Austria)
Three subsidiaries of Austrian construction company Strabag SE have received an order for a bridge construction in Poland. The contract value stands at EUR 139m, Strabag said.
*
Leading utility Verbund will run the power grid of the province of Tyrol from 2011 on. The move will boost Verbund's control over Austrian power network to 95% from 85%, the company said.
Three subsidiaries of Austrian construction company Strabag SE have received an order for a bridge construction in Poland. The contract value stands at EUR 139m, Strabag said.
*
Leading utility Verbund will run the power grid of the province of Tyrol from 2011 on. The move will boost Verbund's control over Austrian power network to 95% from 85%, the company said.
събота, 23 октомври 2010 г.
German chart comments - Issue date - 15.10.2010
Sorry, but there will be no comments for this week, just some videos.
#1 Iz - "Somewhere Over The Rainbow"
Video
New entries:
#11 Robbie & Gary Barlow - "Shame"
Video
#13 Aloe Blacc - "I Need A Dollar"
Video
#38 Groove Coverage - "Innocent"
Video
#52 Stanfour - "Sail On"
Video
#72 Caro Emerald - "Back It Up"
Video
#92 Swedish House Mafia vs. Tinie Tempah - "Miami 2 Ibiza"
Video
Info - Wikipedia
#1 Iz - "Somewhere Over The Rainbow"
Video
New entries:
#11 Robbie & Gary Barlow - "Shame"
Video
#13 Aloe Blacc - "I Need A Dollar"
Video
#38 Groove Coverage - "Innocent"
Video
#52 Stanfour - "Sail On"
Video
#72 Caro Emerald - "Back It Up"
Video
#92 Swedish House Mafia vs. Tinie Tempah - "Miami 2 Ibiza"
Video
Info - Wikipedia
Austrian economic news in a flash - 15.10
(The most important economic news in Austria)
Top Story
Austria's annual inflation rate rose to 1.9% in September from 1.7% in August due to higher fuel and home costs. On a monthly comparison, the prices rose 0.4%, Statistik Austria said. The eurozone harmonised index stood at 1.8% in September.
*
Top Story
Austrian Post AG and its Swiss counterpart revealed that they plan to merge their foreign advertising material distribution businesses. The joint venture, to be 65%-owned by Austrian Post AG, will be established in Austria. It will unit Austrian Post AG's meiller direct GmbH based in Germany with Swiss Post Solutions, also located in Germany. Closing of the transaction, which will have an impact on 1,000 workers of the Austrian company, is seen by the end of 2010.
*
Top Story
Bank Austria's economic indicator grew by 0.1 to 3.4 points in September. This is the highest level reached since the end of 2007. The analysts project that the Austrian economy will continue to grow considerably by the end of the year. Bank Austria said it projects 1.9% growth in the country's GDP for 2010 and 1.7% for 2011. For the next year, the economists expect that Austria's firms will be able to benefit more strongly from the international demand than other European countries.
*
Russian billionaire Oleg Deripaska will have time to November 5 to decide whether to buy back a stake of 25% in Austrian builder Strabag, a company's spokesperson told APA news agency. The deadline for returning as a Strabag shareholder expired on October 15.
*
Austria's construction cost index rose 3.2% in annual and 0.3% in monthly terms to 120.1 points in September, Statistik Austria reported.
Top Story
Austria's annual inflation rate rose to 1.9% in September from 1.7% in August due to higher fuel and home costs. On a monthly comparison, the prices rose 0.4%, Statistik Austria said. The eurozone harmonised index stood at 1.8% in September.
*
Top Story
Austrian Post AG and its Swiss counterpart revealed that they plan to merge their foreign advertising material distribution businesses. The joint venture, to be 65%-owned by Austrian Post AG, will be established in Austria. It will unit Austrian Post AG's meiller direct GmbH based in Germany with Swiss Post Solutions, also located in Germany. Closing of the transaction, which will have an impact on 1,000 workers of the Austrian company, is seen by the end of 2010.
*
Top Story
Bank Austria's economic indicator grew by 0.1 to 3.4 points in September. This is the highest level reached since the end of 2007. The analysts project that the Austrian economy will continue to grow considerably by the end of the year. Bank Austria said it projects 1.9% growth in the country's GDP for 2010 and 1.7% for 2011. For the next year, the economists expect that Austria's firms will be able to benefit more strongly from the international demand than other European countries.
*
Russian billionaire Oleg Deripaska will have time to November 5 to decide whether to buy back a stake of 25% in Austrian builder Strabag, a company's spokesperson told APA news agency. The deadline for returning as a Strabag shareholder expired on October 15.
*
Austria's construction cost index rose 3.2% in annual and 0.3% in monthly terms to 120.1 points in September, Statistik Austria reported.
Austrian economic news in a flash - 14.10
(The most important economic news in Austria)
Vienna Airport raised the number of serviced passengers by 13.8% to 1.947m in September 2010. The number of passengers to eastern Europe soared 22.1%. In the first nine months of the year, Vienna Airport handled 8.3% more passengers, the firm said in a press release.
*
Sugar, starch and fruit group Agrana said in a statement its sales rose 3.8% to EUR 1.073bn in the first half of fiscal 2010/11. The net profit rose to EUR 37.4m from EUR 34.8m a year earlier. The sales result slightly missed the expectations of analysts, while the profit one exceeded them.
*
Toll technology company Efkon AG, part of Strabag, has received its biggest order so far in Malaysia, the firm said.
*
Brick maker Wienerberger expects a slow recovery of the demand in eastern Europe and sees challenging environment on the market in the near future, CEO Heimo Scheuch said at the Reuters Central and Eastern Europe Investment Summit in Vienna. Sales volumes and prices in Hungary, Bulgaria and Romania continue to be under pressure, he added, quoted by Reuters. The CEO, however, confirmed that Wienerberger expects improved results for 2010 as compared with last year.
*
Technology and metal group A-Tec said it expects an EBIT loss of EUR 27m for 2010 on sales of EUR 2.7bn. The results will be burdened by rising costs at a hydropower project in Australia, which are however expected to hit only the 2010 figures.
Vienna Airport raised the number of serviced passengers by 13.8% to 1.947m in September 2010. The number of passengers to eastern Europe soared 22.1%. In the first nine months of the year, Vienna Airport handled 8.3% more passengers, the firm said in a press release.
*
Sugar, starch and fruit group Agrana said in a statement its sales rose 3.8% to EUR 1.073bn in the first half of fiscal 2010/11. The net profit rose to EUR 37.4m from EUR 34.8m a year earlier. The sales result slightly missed the expectations of analysts, while the profit one exceeded them.
*
Toll technology company Efkon AG, part of Strabag, has received its biggest order so far in Malaysia, the firm said.
*
Brick maker Wienerberger expects a slow recovery of the demand in eastern Europe and sees challenging environment on the market in the near future, CEO Heimo Scheuch said at the Reuters Central and Eastern Europe Investment Summit in Vienna. Sales volumes and prices in Hungary, Bulgaria and Romania continue to be under pressure, he added, quoted by Reuters. The CEO, however, confirmed that Wienerberger expects improved results for 2010 as compared with last year.
*
Technology and metal group A-Tec said it expects an EBIT loss of EUR 27m for 2010 on sales of EUR 2.7bn. The results will be burdened by rising costs at a hydropower project in Australia, which are however expected to hit only the 2010 figures.
Austrian economic news in a flash - 13.10
(The most important economic news in Austria)
Builder Strabag has replaced a syndicated loan of EUR 1.5bn with a new credit line of EUR 2bn, the company said. The bank consortium which secured the loan was led by Deutsche Bank and Raiffeisen Bank International (RBI).
*
Bank BAWAG PSK and Austrian Post AG have renewed their distribution contract with additional ten years. The contract was to expire in 2012. Thus 520 branches of the two partners will offer bank and postal services, BAWAG and Post AG said.
*
AmpegaGerling, part of German insurer Talanx, has acquired the one-third stake of insolvent financial group AvW in fund manager C-Quadrat Investment AG, AvW's insolvency administrator said. The stake, which is to be reduced at a later stage, was bought for EUR 17.9m.
*
Kapsch TrafficCom AG plans to issue a corporate bond worth between EUR 65m and EUR 75m, with a possible maturity of seven years, the company said in a statement. Erste Group and Raiffeisen Bank International will act as joint lead managers of the issue.
Builder Strabag has replaced a syndicated loan of EUR 1.5bn with a new credit line of EUR 2bn, the company said. The bank consortium which secured the loan was led by Deutsche Bank and Raiffeisen Bank International (RBI).
*
Bank BAWAG PSK and Austrian Post AG have renewed their distribution contract with additional ten years. The contract was to expire in 2012. Thus 520 branches of the two partners will offer bank and postal services, BAWAG and Post AG said.
*
AmpegaGerling, part of German insurer Talanx, has acquired the one-third stake of insolvent financial group AvW in fund manager C-Quadrat Investment AG, AvW's insolvency administrator said. The stake, which is to be reduced at a later stage, was bought for EUR 17.9m.
*
Kapsch TrafficCom AG plans to issue a corporate bond worth between EUR 65m and EUR 75m, with a possible maturity of seven years, the company said in a statement. Erste Group and Raiffeisen Bank International will act as joint lead managers of the issue.
четвъртък, 14 октомври 2010 г.
In BG Cinemas from Oct 15
Артур и войната на двата свята (2010) / Arthur and the Two Worlds War (Франция) - I haven't watched the first two Arthurs, and I'm not planning to seat through the third one. Everyone says the first two sucked, and having in mind this comes from the same distributor which last week deprived us from "Legends of The Guardians" (Yeah, I know it's Warner's fault), I don't think this movie deserves any attention. At least kudos for playing a non-English title in the multiplexes, I just wish it was something else... Alexandra
Trailer
Социалната мрежа (2010) / The Social Network (САЩ) - Yes, this is the movie event of the fall so far, with Fincher's latest proving once again why he is a real contemporary master director. Every detail of the movie, which tells the story of the Facebook creation, is ace, with all actors giving most of themselves, especially Justin (when you are going to sing again) Timberlake, who was born for the role of Napster's creator Sean Parker. Still, prepare for a lot of talking and strange shoe decisions in winter time... Alexandra
Trailer
Стоун (2010) / Stone (САЩ) - It's a film so messed up, that you may spend hours of thinking why it has a rating of 7.9 in IMDB. It starts well, with Norton and Jovovich having explosive chemistry but ends nowhere. The message is unclear, and the radio talk all the time does not serve the plot much. If you watch a De Niro movie this season, try Machete instead, it's more than great. Tandem
Trailer
SOS Планета (2002) / SOS Planet (САЩ, Белгия) - Not that an IMAX title deserves much attention, but we have another documentary on the biggest of the big screens. The message is so clear and so old, that you don't have to pay 4.5 euros to go and see it. And we have watched much better IMAX titles over the last few years. Mtel Imax
Trailer
Trailer
Социалната мрежа (2010) / The Social Network (САЩ) - Yes, this is the movie event of the fall so far, with Fincher's latest proving once again why he is a real contemporary master director. Every detail of the movie, which tells the story of the Facebook creation, is ace, with all actors giving most of themselves, especially Justin (when you are going to sing again) Timberlake, who was born for the role of Napster's creator Sean Parker. Still, prepare for a lot of talking and strange shoe decisions in winter time... Alexandra
Trailer
Стоун (2010) / Stone (САЩ) - It's a film so messed up, that you may spend hours of thinking why it has a rating of 7.9 in IMDB. It starts well, with Norton and Jovovich having explosive chemistry but ends nowhere. The message is unclear, and the radio talk all the time does not serve the plot much. If you watch a De Niro movie this season, try Machete instead, it's more than great. Tandem
Trailer
Trailer
сряда, 13 октомври 2010 г.
Austrian economic news in a flash
(The most important economic news in Austria from 12 October)
The European Commission has given a green light on the EUR 146.27m state help to steel maker Voestalpine for a revamp at its Linz site. The EC said that the support is in line the guidelines for state assistance in terms of environment projects.
*
OMV does not plan to change its 2010 forecasts despite a third-quarter fall in refinery margins, CEO Wolfgang Ruttenstorfer said at the Reuters Central European Summi, the agency reported. The margins are expected to gain in momentum once again in the last three months of the year. The oil group projects a considerably higher net profit for 2010 compared to the EUR 572m amount last year.
*
Günter Geyer, CEO of Vienna Insurance Group, expects 2011 to be tougher for insurers than the current year, he told economic journalists in Vienna. The next year will be burdened by reduced state budgets and different regional measures. The company predicts its 2011 earnings to grow by a percentage figure in the upper one-digit range. Premiums are seen up by a low one-digit percentage. Vienna Insurance projects that its 2010 pretax profit will grow by 10% on the year, while its premium income will be up by between 6% and 8%.
The European Commission has given a green light on the EUR 146.27m state help to steel maker Voestalpine for a revamp at its Linz site. The EC said that the support is in line the guidelines for state assistance in terms of environment projects.
*
OMV does not plan to change its 2010 forecasts despite a third-quarter fall in refinery margins, CEO Wolfgang Ruttenstorfer said at the Reuters Central European Summi, the agency reported. The margins are expected to gain in momentum once again in the last three months of the year. The oil group projects a considerably higher net profit for 2010 compared to the EUR 572m amount last year.
*
Günter Geyer, CEO of Vienna Insurance Group, expects 2011 to be tougher for insurers than the current year, he told economic journalists in Vienna. The next year will be burdened by reduced state budgets and different regional measures. The company predicts its 2011 earnings to grow by a percentage figure in the upper one-digit range. Premiums are seen up by a low one-digit percentage. Vienna Insurance projects that its 2010 pretax profit will grow by 10% on the year, while its premium income will be up by between 6% and 8%.
вторник, 12 октомври 2010 г.
German chart comments - Issue date - 8.10.2010
As I predicted in the last two weeks, the prospects for Israel Kamakawiwo'ole to take the crown in the German singles chart were more than rosy. And thus, three weeks after entering the chart, the late Hawaiian singer succeeds in removing Eminem and Rihanna from the top, putting his take on the "Over The Rainbow" classic at the summit.
Video - Iz
So Eminem and Rihanna move down to #2 after two weeks at the top, with Taio Cruz's "Dynamite" finally making the top three after several weeks in the top five. This is the first single of the UK star to go as much higher in Germany after his debut "Break Your Heart" peaked at #5.
Video
Among the biggest news this week is the re-entry of Leona Lewis' "Run" at #9. By doing so, the great cover of the Snow Patrol song, manages to easily achieves its highest position in Germany some two years after initially released. Despite being extremely popular worldwide, "Run" stalled in the lower end of the German top 20 towards the close of 2008. The attention this time around comes after the song was performed by the 14-year old Andrea Renzullo at the country's Das Supertalent show. We may blame the formats of such shows, but when they have the power to undo such chart injustice as the Leona Lewis case, we have to actually thank them.
Andrea's Version
Leona's Version
The highest new entry comes in at #13, belonging to German band Unheilig. "Unter deiner Flagge" is the third single from Unheilig's latest album, which recently became the most successful German-language LP by standing 17 weeks at the top of the albums chart. With the never-ending presence of pilot single "Geboren um zu Leben" in the top 20, the latest single at least has the honour to chart higher than previous one "Für immer", which reached #17. "Unter deiner Flagge" also won the Bundesvision Song Contest 2010 on October 1, so its chances to go higher in the next week are not to be underestimated.
Video - Live
The next highest new entry can be found at #22, coming from French rapper Sexion d'Assaut. It is always a pleasure to see a non-English/German song in the upper reaches of the German singles and "Désolé" deserves to be in the top 30.
Video
Next at #36 we have Romanian megastar Inna, whose "Amazing" has already been a huge smash in eastern Europe one summer ago. Still, not close to the success of fellow Romanian star Edward Maya, whose "Stereo Love" reached #4 in Germany, the new single of Inna at least manages to improve from the poor performance of "Hot", her debut in the country, which peaked at #80.
Video
And here are the videos of the remaining new entries in the chart:
#51 Ben L'Oncle Soul - Seven Nation Army
Video
#52 Selena Gomez & The Scene - Round & Round
Video
#60 Amy Macdonald - This Pretty Face
Video
#73 Nick Jonas - Introducing Me
Video
#83 Tinie Tempah - Written on the Stars
Video
Video - Iz
So Eminem and Rihanna move down to #2 after two weeks at the top, with Taio Cruz's "Dynamite" finally making the top three after several weeks in the top five. This is the first single of the UK star to go as much higher in Germany after his debut "Break Your Heart" peaked at #5.
Video
Among the biggest news this week is the re-entry of Leona Lewis' "Run" at #9. By doing so, the great cover of the Snow Patrol song, manages to easily achieves its highest position in Germany some two years after initially released. Despite being extremely popular worldwide, "Run" stalled in the lower end of the German top 20 towards the close of 2008. The attention this time around comes after the song was performed by the 14-year old Andrea Renzullo at the country's Das Supertalent show. We may blame the formats of such shows, but when they have the power to undo such chart injustice as the Leona Lewis case, we have to actually thank them.
Andrea's Version
Leona's Version
The highest new entry comes in at #13, belonging to German band Unheilig. "Unter deiner Flagge" is the third single from Unheilig's latest album, which recently became the most successful German-language LP by standing 17 weeks at the top of the albums chart. With the never-ending presence of pilot single "Geboren um zu Leben" in the top 20, the latest single at least has the honour to chart higher than previous one "Für immer", which reached #17. "Unter deiner Flagge" also won the Bundesvision Song Contest 2010 on October 1, so its chances to go higher in the next week are not to be underestimated.
Video - Live
The next highest new entry can be found at #22, coming from French rapper Sexion d'Assaut. It is always a pleasure to see a non-English/German song in the upper reaches of the German singles and "Désolé" deserves to be in the top 30.
Video
Next at #36 we have Romanian megastar Inna, whose "Amazing" has already been a huge smash in eastern Europe one summer ago. Still, not close to the success of fellow Romanian star Edward Maya, whose "Stereo Love" reached #4 in Germany, the new single of Inna at least manages to improve from the poor performance of "Hot", her debut in the country, which peaked at #80.
Video
And here are the videos of the remaining new entries in the chart:
#51 Ben L'Oncle Soul - Seven Nation Army
Video
#52 Selena Gomez & The Scene - Round & Round
Video
#60 Amy Macdonald - This Pretty Face
Video
#73 Nick Jonas - Introducing Me
Video
#83 Tinie Tempah - Written on the Stars
Video
Info - Wikipedia
Charts compiled by Media Control
Austrian economic news in a flash
(The most important economic news in Austria from 11 October)
Top Story
Austria's Social Democrats (SPOe) has lost majority in the recent Vienna's local elections, initial forecasts show. At the same same, the far-right Freedom Party (FPOe) has gained more than 12 percentage points to 27.2% of the votes and thus ranked second. SPOe, however, has ruled out a coalition between the two parties.
*
Top Story
Raiffeisen Bank International, which has emerged from the merger of Raiffeisen Zentralbank and its eastern European subsidiary Raiffeisen International (RI), has started officially operations as of October 11. The company's capital hike has also come into force. The bank will have a free float of 21.5%, compared to the 27.2% of RI before. The merger targets optimisation of the group's structure.
*
The merger between Investkredit and OeVAG will result into further 100 job cuts, WirtschaftsBlatt reported. However, the companies will aim to not carry out any forced redundancies. The merger is expected to take effect in the first quarter of 2011, with some EUR 84m in synergy effects projected next year.
*
Austrian Airlines, or AUA, said it has raised the number of passengers by 11.2% year-on-year to 1.1m in September 2010. The seat load factor rose 3 pct points to 81%. The number of passengers between January and September grew 10.3% to 8.4m.
*
Real estate company Conwert plans to focus on stock repurchases rather than on the acquisition of new properties in the near future, newly-appointed chairman Johannes Meran said. The move is due to the extremely low stock price compared to its internal value.
*
The number of passenger car registrations in Austria grew 5.9% to 28,115 in September, Statistik Austria said. From January to September 2010 the number rose 1.5% in annual terms.
Top Story
Austria's Social Democrats (SPOe) has lost majority in the recent Vienna's local elections, initial forecasts show. At the same same, the far-right Freedom Party (FPOe) has gained more than 12 percentage points to 27.2% of the votes and thus ranked second. SPOe, however, has ruled out a coalition between the two parties.
*
Top Story
Raiffeisen Bank International, which has emerged from the merger of Raiffeisen Zentralbank and its eastern European subsidiary Raiffeisen International (RI), has started officially operations as of October 11. The company's capital hike has also come into force. The bank will have a free float of 21.5%, compared to the 27.2% of RI before. The merger targets optimisation of the group's structure.
*
The merger between Investkredit and OeVAG will result into further 100 job cuts, WirtschaftsBlatt reported. However, the companies will aim to not carry out any forced redundancies. The merger is expected to take effect in the first quarter of 2011, with some EUR 84m in synergy effects projected next year.
*
Austrian Airlines, or AUA, said it has raised the number of passengers by 11.2% year-on-year to 1.1m in September 2010. The seat load factor rose 3 pct points to 81%. The number of passengers between January and September grew 10.3% to 8.4m.
*
Real estate company Conwert plans to focus on stock repurchases rather than on the acquisition of new properties in the near future, newly-appointed chairman Johannes Meran said. The move is due to the extremely low stock price compared to its internal value.
*
The number of passenger car registrations in Austria grew 5.9% to 28,115 in September, Statistik Austria said. From January to September 2010 the number rose 1.5% in annual terms.
понеделник, 11 октомври 2010 г.
Austrian economic news in a flash
(The most important economic news in Austria from 8 October)
Champaigne maker Schlumberger holds 6.64% of its own share capital, corresponding to 9.95% of the voting rights in the company.
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Utility Verbund has started the construction of a pumped storage hydro power station in Möllta, in Carinthia. The plant, to be completed in the autumn of 2014, is to have capacity of 430 MW and value of about EUR 358m.
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The final decision on the Nabucco gas pipeline project, led by OMV, will not be taken before 2011, Michael Ulbrich at OMV told Der Standard. German utility RWE, which also participates in the project, also confirmed the delay.
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OMV laid the foundation stone for a new gas power station in northern Turkey. The plant, with capacity of 870 MW, will cost some EUR 600m. It will come on stream in 2012, at time for the expected bottleneck in the country's electricity consumption.
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Russian billionaire Oleg Deripaska will demand a postponement of the 15 October deadline for the repurchase of his stake in Austrian builder Strabag, Die Presse reported. The stake, which was pledged as collateral for a bank loan, will be repurchased in exchange for shares in Transstroj and Glavstroj, Deripaska's own construction firms, the report claims.
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Athena Burgenland Beteiligungen AG, a fund part of province-owned Wirtschaftsservice Burgenland AG, envisages to divest its 27.53% stake in Internet media company webfreetv.com. The latter's shares are to be delisted from the Vienna Stock Exchange as of October 31.
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Austria's exports rose 13.6% on the year to EUR 61.13bn in January to July 2010, while imports grew 12.5% to EUR 62.84bn. This resulted in a trade deficit of EUR 1.71bn for the period, Statistik Austria said.
Champaigne maker Schlumberger holds 6.64% of its own share capital, corresponding to 9.95% of the voting rights in the company.
*
Utility Verbund has started the construction of a pumped storage hydro power station in Möllta, in Carinthia. The plant, to be completed in the autumn of 2014, is to have capacity of 430 MW and value of about EUR 358m.
*
The final decision on the Nabucco gas pipeline project, led by OMV, will not be taken before 2011, Michael Ulbrich at OMV told Der Standard. German utility RWE, which also participates in the project, also confirmed the delay.
*
OMV laid the foundation stone for a new gas power station in northern Turkey. The plant, with capacity of 870 MW, will cost some EUR 600m. It will come on stream in 2012, at time for the expected bottleneck in the country's electricity consumption.
*
Russian billionaire Oleg Deripaska will demand a postponement of the 15 October deadline for the repurchase of his stake in Austrian builder Strabag, Die Presse reported. The stake, which was pledged as collateral for a bank loan, will be repurchased in exchange for shares in Transstroj and Glavstroj, Deripaska's own construction firms, the report claims.
*
Athena Burgenland Beteiligungen AG, a fund part of province-owned Wirtschaftsservice Burgenland AG, envisages to divest its 27.53% stake in Internet media company webfreetv.com. The latter's shares are to be delisted from the Vienna Stock Exchange as of October 31.
*
Austria's exports rose 13.6% on the year to EUR 61.13bn in January to July 2010, while imports grew 12.5% to EUR 62.84bn. This resulted in a trade deficit of EUR 1.71bn for the period, Statistik Austria said.
петък, 8 октомври 2010 г.
In BG Cinemas from Oct 8
Писател в сянка (2010) / The Ghost Writer - After Warners/Alexandra decided that Bulgaria is not worthy of the Zac Snyder's animation Legend of The Guardians, The Ghost Writer is the only premier in BG cinemas this week. Most of the people who've watched the movie say it's a return to form of Roman Polanski, who was even under house arrest when editing the title. I still have to watch it, but nevertheless I think I'll do no harm if I recommend The Ghost Writer. A bonus point for putting Samantha in there... Forum Film
Trailer
Trailer
Austrian economic news in a flash
(The most important economic news in Austria from 7 October)
Zumtobel said it will close its Italian LED subsidiary Space Cannon, which was taken over in 2008. The move was attributed to the considerable old liabilities of Space Cannon, which were because of the lack of compliance of the firm's products with international standards and norms.
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Builder Porr has priced its EUR 125m corporate bond at 101.272%, with a coupon of 5% and maturity in five years.
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Siemens Austria has agreed to divest its asset management subsidiary Innovest Kapitalanlage AG to Australian Macquarie. The move follows Siemens' strategy to focus on energy, medicine and industrial activities. The deal price remains confidential.
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Austria's wholesale prices index stood at 112.8 points in September 2010, up 1.1% month-on-month and 7.1% in annual comparison, Statistik Austria reported.
Zumtobel said it will close its Italian LED subsidiary Space Cannon, which was taken over in 2008. The move was attributed to the considerable old liabilities of Space Cannon, which were because of the lack of compliance of the firm's products with international standards and norms.
*
Builder Porr has priced its EUR 125m corporate bond at 101.272%, with a coupon of 5% and maturity in five years.
*
Siemens Austria has agreed to divest its asset management subsidiary Innovest Kapitalanlage AG to Australian Macquarie. The move follows Siemens' strategy to focus on energy, medicine and industrial activities. The deal price remains confidential.
*
Austria's wholesale prices index stood at 112.8 points in September 2010, up 1.1% month-on-month and 7.1% in annual comparison, Statistik Austria reported.
четвъртък, 7 октомври 2010 г.
Austrian economic news in a flash
(The most important economic news in Austria from 6 October)
Top Story
Technology group Andritz announced its financial targets for 2013/2014, saying it will target an EBITA margin of average 7% and sales of about EUR 4.5bn. If the targets are achieved, the company will boast earnings per share of EUR 4.15 in 2014, up from EUR 1.89 last year. The sales target was originally set for 2010/2011 but has to be postponed due to the outbreak of the economic crisis. The dividend payout ratio should be raised to about 60% from 50% currently.
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Refractory material maker RHI will need between EUR 400m and EUR 500m for funding of its growth inititiatives in the next four to five years, CEO Henning Jensen said. The company is still to decide on the way of financing and has set a sales target of EUR 2bn in the medium-term. The expansion plans are mainly for emerging markets and the BRIC countries.
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Utility EVN will seek to broaden its shareholder basis via the forthcoming capital increase and the retreat of German partner EnBW from the company. If the entire capital increase is fully exercised, the free float of the company may be raised to 40% from 14% currently, CEO Burkhard Hofer told a news conference in Vienna. The proceeds will be used for different projects, especially in renewables, and not for taking part in the capital increase of Verbund.
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Vienna's Commercial Court has entered into the trade register the squeeze-out of Constantia Packaging as of October 7. Now the firm is 100% under the ownership of Sulipo Beteiligungsverwaltung, part of US investor OEP. The shares of the company will cease trading in Vienna as of Thursday.
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Karl-Heinz Strauss, the newly-appointed CEO of builder Porr, envisages a restructuring of the company, which will include job cuts and a stronger focus on profit. Concrete decisions will be taken by the end of 2010, he told in an interview for Kurier.
Top Story
Technology group Andritz announced its financial targets for 2013/2014, saying it will target an EBITA margin of average 7% and sales of about EUR 4.5bn. If the targets are achieved, the company will boast earnings per share of EUR 4.15 in 2014, up from EUR 1.89 last year. The sales target was originally set for 2010/2011 but has to be postponed due to the outbreak of the economic crisis. The dividend payout ratio should be raised to about 60% from 50% currently.
*
Refractory material maker RHI will need between EUR 400m and EUR 500m for funding of its growth inititiatives in the next four to five years, CEO Henning Jensen said. The company is still to decide on the way of financing and has set a sales target of EUR 2bn in the medium-term. The expansion plans are mainly for emerging markets and the BRIC countries.
*
Utility EVN will seek to broaden its shareholder basis via the forthcoming capital increase and the retreat of German partner EnBW from the company. If the entire capital increase is fully exercised, the free float of the company may be raised to 40% from 14% currently, CEO Burkhard Hofer told a news conference in Vienna. The proceeds will be used for different projects, especially in renewables, and not for taking part in the capital increase of Verbund.
*
Vienna's Commercial Court has entered into the trade register the squeeze-out of Constantia Packaging as of October 7. Now the firm is 100% under the ownership of Sulipo Beteiligungsverwaltung, part of US investor OEP. The shares of the company will cease trading in Vienna as of Thursday.
*
Karl-Heinz Strauss, the newly-appointed CEO of builder Porr, envisages a restructuring of the company, which will include job cuts and a stronger focus on profit. Concrete decisions will be taken by the end of 2010, he told in an interview for Kurier.
сряда, 6 октомври 2010 г.
Austrian economic news in a flash
(The most important economic news in Austria from 5 October)
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Wolfgang Anzengruber, CEO of leading utility Verbund, said he does not exclude a capital increase at the company's 50%-Turkish joint venture Enerjisa in the medium term. Such a plan is however not currently under discussions, he added. A day earlier, Zafer Kurtul, the CEO of Verbund's JV partner, said that he envisages an IPO for Enerjisa.
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Builder Porr plans to issue a bond of up to EUR 150m, with a maturity in five years. The coupon is seen at 5%. The proceeds will be used mainly for strengthening the company's financial profile.
*Verbund plans to reveal details over its intended EUR 1bn capital hike in the second half of the year. The company will target international investors in the transaction. The utility's CEO projects that all major shareholders, including the Austrian state, will take part in the move.
Top Story
Austrian utility EVN and German shareholder EnBW will together offer shares in EVN on the market. The move, whose value is projected at EUR 700m, will first lead to a capital increase in EVN and second to the divestment of EnBW's shareholding in the Austrian company. The price range of the offer is seen at EUR 10.50 to EUR 13.50. EVN will offer up to 16.35m shares in a capital increase, while EnBW will put for sale 40.88m shares. EVN expects proceeds of around EUR 200m from the transaction, which will be used mainly for backing up of its equity and for expansion in the field of renewables. *
Wolfgang Anzengruber, CEO of leading utility Verbund, said he does not exclude a capital increase at the company's 50%-Turkish joint venture Enerjisa in the medium term. Such a plan is however not currently under discussions, he added. A day earlier, Zafer Kurtul, the CEO of Verbund's JV partner, said that he envisages an IPO for Enerjisa.
*
Builder Porr plans to issue a bond of up to EUR 150m, with a maturity in five years. The coupon is seen at 5%. The proceeds will be used mainly for strengthening the company's financial profile.
*Verbund plans to reveal details over its intended EUR 1bn capital hike in the second half of the year. The company will target international investors in the transaction. The utility's CEO projects that all major shareholders, including the Austrian state, will take part in the move.
вторник, 5 октомври 2010 г.
German chart comments - Issue date - 01.10.2010
No changes at the top spot of this week's German singles chart with Eminem & Rihanna's global smash standing there for a second week in a row. The big news in the top ten is once again Israel "Iz" Kamakawiwo'ole, whose "Over The Rainbow" rises three places to reach #3 in its third week in the countdown. If the song keeps its upward pattern, the late singer will most probably have a number one in Germany next week.
Video
Video
The biggest new hit of the week comes in at #16. "Airplanes" of B.O.B. has already stormed the global charts and in Germany has the honour to be more successful than the R'n'B star's debut single - "Nothin' On You", which surprisingly failed to reach the top 20 despite being atop of the charts worldwide. Guest vocals on B.O.B.'s second single are provided by Hayley Williams, whose own group Paramore has never entered the German top 40.
Video
The failure of "Get Outta My Way", Kylie Minogue's latest single, to reach the top 10 in UK may be big news across the La Manche, but the flop of the song in Germany at #45 is no surprising at all having in mind the Aussie was never such enormous star in the country (as compared to UK) and most importantly the song is irritatingly unremarkable with even the video copying former glories (yes, "Slow" I'm looking at you). Thus, the more catchy previous single of Kylie "All The Lovers" is still in the chart at #33.
Video
Not much going on further down the Top 100 with only the #95-#60 jump of the second (chart-entering) single of German band Silly worth mentioning.
Video
Video
Video
The biggest new hit of the week comes in at #16. "Airplanes" of B.O.B. has already stormed the global charts and in Germany has the honour to be more successful than the R'n'B star's debut single - "Nothin' On You", which surprisingly failed to reach the top 20 despite being atop of the charts worldwide. Guest vocals on B.O.B.'s second single are provided by Hayley Williams, whose own group Paramore has never entered the German top 40.
Video
The failure of "Get Outta My Way", Kylie Minogue's latest single, to reach the top 10 in UK may be big news across the La Manche, but the flop of the song in Germany at #45 is no surprising at all having in mind the Aussie was never such enormous star in the country (as compared to UK) and most importantly the song is irritatingly unremarkable with even the video copying former glories (yes, "Slow" I'm looking at you). Thus, the more catchy previous single of Kylie "All The Lovers" is still in the chart at #33.
Video
Not much going on further down the Top 100 with only the #95-#60 jump of the second (chart-entering) single of German band Silly worth mentioning.
Video
Info - Wikipedia
Charts compiled by Media Control
Austrian economic news in a flash
(The most important economic news in Austria from 4 October)
Top Story
Telekom Austria has exercised an option to buy the outstanding 30% in Belarus-based subsidiary Velcom for EUR 335m, showing its commitment to the local growing market.
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Top Story
The next investment plan of Vienna Airport, under the name of Masterplan 2020, will involve EUR 5bn in investments, Die Presse reported. The most important part of the plan will be the construction of a third runway. Another milestone will be the completion of a railway station for long-distance trains, whose costs will be divided between the airport and the country's federal railways.
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Schoeller-Bleckmann Oilfield Equipment announced the 100% takeover of Drilling Systems International in Dubai. No financial details were given.
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Oil group OMV said it once again found gas at the exploration wells Khouloud-1 and Benefsej-1 in southern Tunisia. The new discoveries considerably raise the chances for commercially viable findings in the near future, the company said.
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BDI BioEnergy International has been awarded a contract for the supply of biodiesel plant equipment for the upgrade of a site of Spanish Biodiesel Aragon. The order value stands at EUR 4.6m and it should be completed by September 2011.
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Turkish Sabanci wants to launch an IPO for its energy joint venture Enerjisa, in which Austria's Verbund owns 50%. The listing will most probably not happen before 2012.
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German family Rothenberger owns above 90% in Lower Austria's machinery maker Heid AG, it became clear on Monday.
Top Story
Telekom Austria has exercised an option to buy the outstanding 30% in Belarus-based subsidiary Velcom for EUR 335m, showing its commitment to the local growing market.
*
Top Story
The next investment plan of Vienna Airport, under the name of Masterplan 2020, will involve EUR 5bn in investments, Die Presse reported. The most important part of the plan will be the construction of a third runway. Another milestone will be the completion of a railway station for long-distance trains, whose costs will be divided between the airport and the country's federal railways.
*
Schoeller-Bleckmann Oilfield Equipment announced the 100% takeover of Drilling Systems International in Dubai. No financial details were given.
*
Oil group OMV said it once again found gas at the exploration wells Khouloud-1 and Benefsej-1 in southern Tunisia. The new discoveries considerably raise the chances for commercially viable findings in the near future, the company said.
*
BDI BioEnergy International has been awarded a contract for the supply of biodiesel plant equipment for the upgrade of a site of Spanish Biodiesel Aragon. The order value stands at EUR 4.6m and it should be completed by September 2011.
*
Turkish Sabanci wants to launch an IPO for its energy joint venture Enerjisa, in which Austria's Verbund owns 50%. The listing will most probably not happen before 2012.
*
German family Rothenberger owns above 90% in Lower Austria's machinery maker Heid AG, it became clear on Monday.
понеделник, 4 октомври 2010 г.
Austrian economic news in a flash
(The most important economic news in Austria from 01 October)
Top Story
Troubled PC game developer JoWooD Entertainment AG plans to cut its capital seven times in order to cover expected considerable losses for H1 2010. Thus, the capital will be reduced to EUR 2.74m from EUR 19.15m currently and the nominal value of every share to EUR 1 from EUR 7. The move will have to be approved by the shareholders of the company on November 9. The management will also seek green lights for the issue of convertible bonds and for an increase of the reduced capital by up to 50%. JoWooD plans to issue its delayed H1 2010 figures by the shareholders' meeting.
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Builder Strabag has received a contract for the extension and renovation of the Taeby Centrum shopping centre in Stockholm. The order value is in the three-digit million euro range.
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Air Liquide will invest EUR 15m in the building of a plant for conversion of CO2 into liquid at Agrana's site in Pischelsdorf. The facility will process 100,000 tonnes of CO2, which will be then used as raw material for the food and cosmetics industries.
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Online bookmaker Bwin will start offering horse-racing bets and will provide up to 300 races from Europe, Canada and USA per day.
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The number of new car registrations in Austria rose 6.3% on the year to 28,215 in September 2010. The number increased 1.6% to251,560 in the first nine months of 2010, Statistik Austria said.
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Austria's public debt stood at EUR194.3bn at the end of June, or 69.9% of the country's gross domestic product (GDP). The debt increased by EUR 4.9bn compared to a year earlier, Statistik Austria estimated.
Top Story
Troubled PC game developer JoWooD Entertainment AG plans to cut its capital seven times in order to cover expected considerable losses for H1 2010. Thus, the capital will be reduced to EUR 2.74m from EUR 19.15m currently and the nominal value of every share to EUR 1 from EUR 7. The move will have to be approved by the shareholders of the company on November 9. The management will also seek green lights for the issue of convertible bonds and for an increase of the reduced capital by up to 50%. JoWooD plans to issue its delayed H1 2010 figures by the shareholders' meeting.
*
Builder Strabag has received a contract for the extension and renovation of the Taeby Centrum shopping centre in Stockholm. The order value is in the three-digit million euro range.
*
Air Liquide will invest EUR 15m in the building of a plant for conversion of CO2 into liquid at Agrana's site in Pischelsdorf. The facility will process 100,000 tonnes of CO2, which will be then used as raw material for the food and cosmetics industries.
*
Online bookmaker Bwin will start offering horse-racing bets and will provide up to 300 races from Europe, Canada and USA per day.
*
The number of new car registrations in Austria rose 6.3% on the year to 28,215 in September 2010. The number increased 1.6% to
Austria's public debt stood at EUR194.3bn at the end of June, or 69.9% of the country's gross domestic product (GDP). The debt increased by EUR 4.9bn compared to a year earlier, Statistik Austria estimated.
петък, 1 октомври 2010 г.
Austrian economic news in a flash
(The most important economic news in Austria from 30 September)
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Top Story
The number of unemployed in Austria fell 12.5% year-on-year to 194,100 at the end of the third quarter of 2010, Statistik Austria said. The unemployment rate stood at 4.5%, down compared to 5.1% a year earlier.
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Austrian bank OeVAG has received a EUR 60m loan from German development bank KfW. The proceeds will be used for the support of German schools abroad.
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Auto parts supplier Vogl has filed for insolvency over EUR 12.9m indebtedness. The move will affect 160 employees and 190 creditors of the company.
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The output of steel construction company Hutter & Schrantz Stahlbau decreased 9% to EUR 67m in the first six months of 2010. Its EBITDA fell to EUR 3m from EUR 4.9m a year earlier. The company, however, said it has secured its utilisation by the end of 2011's second quarter.
Top Story
Italian bank UniCredit appointed Federico Ghizzoni as its new CEO after previous group's head Alessandro Profumo stepped down surprisingly last week. Ghizzoni is currently deputy CEO of Bank Austria and is responsible for the Unicredit's eastern European business.*
Top Story
The number of unemployed in Austria fell 12.5% year-on-year to 194,100 at the end of the third quarter of 2010, Statistik Austria said. The unemployment rate stood at 4.5%, down compared to 5.1% a year earlier.
*
Austrian bank OeVAG has received a EUR 60m loan from German development bank KfW. The proceeds will be used for the support of German schools abroad.
*
Auto parts supplier Vogl has filed for insolvency over EUR 12.9m indebtedness. The move will affect 160 employees and 190 creditors of the company.
*
The output of steel construction company Hutter & Schrantz Stahlbau decreased 9% to EUR 67m in the first six months of 2010. Its EBITDA fell to EUR 3m from EUR 4.9m a year earlier. The company, however, said it has secured its utilisation by the end of 2011's second quarter.
In BG Cinemas from Oct 1
Аз, проклетникът (2010) / Despicable Me (САЩ) - The latest animation hitting our cinemas is a further proof that 2010 is yet another golden year for the genre. Despite a notch behind Toy Story 3 (the best movie of the year so far) and How to Train Your Dragon, Despicable Me is more than welcome debut of Universal's new animation studio. The story of anti-hero Gru offers a lot of laughter and adventure, but the best of all are Gru's sidekicks - the awesome minions. Forum Film
Trailer*
Стъклената река (2009) / Stauklenata reka (България) - Another BG film premiers this week. Although I admit I haven't watched it and do not plan to, I really cannot be judging it. But having in mind the more-than-awful trailer, the wooden performances, the director, the actors, the National TV's involvement, I'm completely certain it would suck... ProFilms
Trailer *
Яж, моли се и обичай (2010) / Eat Pray Love (САЩ) - It's a strange kind of a movie. On the one hand, it has what to offer in terms of visuals and life thoughts, on the other it drags for so long and tries to be extremely lecturing. The first (eat) part taking place in Italy is great but the visit to India will most probably make you asleep. And the final, Bali, part is no good either. My advice, watch the first 40-45 minutes and then go and grab a slice of pizza. Alexandra
Trailer
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