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.
*
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.