Austria's top economic news - March 25

Motorbike producer KTM Power Sports plans to raise its share capital by EUR 355,000 from EUR 10.109m currently. The company intends to issue 55,000 new shares at EUR 35 each.
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Intersport Austria will attempt to overhaul KTM as a leader in the bike sector with its own Genesis brand in the next two years, the company told APA news agency. KTM and Genesis hold together about 35% of the country's market.
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OMV has acquired a 65% stake in a gas exploration licence in New Zealand, the company said.
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Bank für Tirol und Vorarlberg (BTV) raised its pretax profit by 20.4% to EUR 61.8m in 2010. The bank's credit business grew 6.9% to EUR 5.9bn.
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Aluminium group AMAG has given a start to its IPO, aiming to list up to 70% of the company. The expected proceeds stand at up to EUR 408m. The price range per share is set at between EUR 19 and EUR 24.
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Austria's production index for the industrial and construction sector rose 8.4% in January in annual terms, Statistik Austria reported. In monthly comparison, the index grew 0.5%.