Steel group Voestalpine could raise further EUR 500m on the bond market, CFO Robert Ottel said. The company will however take this step only if it needs the proceeds and from a current point of view there are no such plans, he added. A day earlier Voestalpine successfully placed a EUR 500m bond.
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The experts of Bank Austria said they see Austria's inflation rate at 2.5% in 2011, with a strong upward trend towards the end of the year. The rate will be boosted by energy costs, soft commodity prices and budget consolidation measures.
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BMW Austria's head Gerhard Pils said the car maker sold a record-high 13,700 vehicles in Austria last year, up 12.5%. The result will be even topped in 2011, the manager added.
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Gustav Harmer plans to sell his two breweries, the Upper Austria-based Grieskirchen and Kapsreiter, Oberoesterreichische Nachrichten reported. Sector major Ottakringer and a regional investor group are said to be interested in the companies, the paper added.
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The number of overnight stays in Austria rose 0.4% to 124.82m in 2010, giving the country its fifth best result since Statistik Austria started calculating the figures. The number of arrivals grew 3.8% to a record 11.38m.
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