Austria's top economic news - February 22

Vaccine developer Intercell said it is offering EUR 30.8m in senior unsecured convertible notes. The three-year notes will bear a 6% annual interest rate. The offer was closed this Wednesday.
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Sugar, starch and fruit group Agrana said it plans to invest EUR 27.6m in its fruit preparation plant in Serpuchov, some 100 km to the south of Moscow. Via the move, the factory's capacity will rise by 63%.
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IT company S&T said that its Swiss subsidiary has to file for insolvency. However, following the successful talks with its creditors, the unit's future for the short and medium term has been secured.
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Construction material maker Wienerberger AG said its net loss narrowed to EUR 34.9m for 2010 from EUR 258.7m a year earlier. Sales decreased 4% to EUR 1.744bn. The brick maker posted unadjusted EBIT of EUR 10.7m, compared to a loss of EUR 258.1m. The company will propose a dividend of EUR 0.1 per share. The company restricted from making a concrete forecast for 2011.