AUSTRIA: SIEMENS EYEING ELIN TRACTION
Article Abstract:
Hans Schabert, member of the board of Siemens Verkehrstechnik
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
AUSTRIA: NEW PARTNER FOR ELIN EBG TRACTION
Article Abstract:
VA Tech, which is taking Bombardier's 26% stake in Elin EBG Traction, is to look for another partner for transportation technology in the medium term. The Canadian group has to give up the stake in order to get the European Union's approval for the acquisition of Adtranz. VA Tech announced that it will continue to cooperate with Bombardier in the fields of technology and marketing. Elin EBG Traction employs about 130 staff and generates a turnover of EUR 39mn.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
AUSTRIA: SIEMENS TAKES OVER STATE STAKES
Article Abstract:
Siemens of Germany is making use of a put-call option agreed in 1990 to take over from Austrian state holding company OIAG the latter's 26% stakes in Siemens AG Osterreich and Siemens SGP Verkehrstechnik. Siemens now becomes the sole owner of the transportation technology company. In 1990 OIAG received Sch 2.2bn for the stakes.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: AUSTRIA: WINTER TYRES TESTED. JAPAN/AUSTRIA: NEW BRIDGESTONE MOTORBIKE TYRES. AUSTRIA: QUALITY RANKING OF TYRES
- Abstracts: AUSTRIA: BAXTER EXPANDS IMMUNO. AUSTRIA: IMPROVEMENT FOR NOVARTIS. AUSTRIA: NOVARTIS BOOSTING RESEARCH
- Abstracts: AUSTRIA/GERMANY: INVESTMENTS BY LIBRO. AUSTRIA: UTA, LION.CC COOPERATE IN E-COMMERCE. AUSTRIA: TELEKOM TO BUY LIBRO INTERNET PROVIDER?
- Abstracts: AUSTRIA: JOINT VENTURE OF COOPERATIVE BANKS. AUSTRIA: BNP PARIBAS OPENS REPRESENTATION. AUSTRIA/SLOVENIA: RAIFFEISEN, LJUBLJANSKA DEAL
- Abstracts: UK: IFAS AT RISK FROM RECESSION. UK: LIFE INSURERS TO BAIL OUT IFAS WITH LOANS. UK: FSA PLANS TO ISSUE PAPER ON WHISTLEBLOWING