Austrian economic news in a flash - November 17

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Post AG said its sales decreased 0.6% to EUR 1.713bn in the first nine months of 2010. The company's EBIT rose 1.2% to EUR 94.8m. Post AG said it expects its full 2010 sales to be by around 1% to 2% below the 2009 level, while the EBIT is seen almost unchanged.
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Vienna's prosecution plans to launch a suit against OMV's CEO Wolfgang Ruttenstorfer, accusing him of insider trading. The case concerns the acquisition of shares in OMV just before the company's exit from the capital of Hungarian sector player MOL. Now OMV's supervisory board will have to decide whether to keep Ruttenstorfer at his post. The latter told APA news agency he believed that the transaction was legal at the time of its doing.
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Real estate company Warimpex posted a net profit of EUR 4.77m for the first three quarters of 2010, compared to a loss of EUR 98.19m a year earlier. Boosted by three new hotels, the revenue grew 21% to EUR 75.22m. The company also said it wants to issue a bond of around 300m Polish zloty. 
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Schoeller-Bleckmann Oilfield Equipment said its sales grew 14% to EUR 215.2m in the first three quarters of the year. The net profit went up 28.5% to EUR 17.4m.
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Builder Strabag said it had completely taken over h s energieanlagen Österreich (Wien) in a move to strengthen its activities in the field of environmental technology. The company will bear the name Strabag Energietechnik in the future.
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Telekom Austria has acquired the privatisation documents regarding the sale of 51% in Serbian Telekom Srbija. Apart from Telekom Austria, Deutsche Telekom and France Telecom have also expressed their interest.
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Notebook maker Quanmax AG said it had received a EUR 3.3m order for simulation terminals from an international industrial company. The order will be processed next year.
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Linz Textil Holding AG said its pretax profit grew to EUR 7.2m in the first three quarters of 2010 from EUR 1.5m a year earlier boosted by the sale of used machinery. Sales rose to EUR 106.5m from EUR 89m.
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