Austria's top economic news - April 14

Sport items maker Head plans to seek an extension of the authorisation for buyback of up to 50% of the share capital. The company's annual shareholders meeting will be held on May 26.
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BAWAG P.S.K. Versicherung AG, 74.99%-owned by Generali Austria, said its 2010 premium income grew 22.5% to EUR 266.5m. The company booked a net profit of EUR 1.4m, compared to a loss of EUR 8.9m a year earlier.
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The managers of brick maker Wienerberger will not get bonuses for 2010 as the company did not reach the set by the supervisory board EBITDA target. For 2009 the managers got EUR 1m as bonuses.
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The shares of fibre producer Lenzing will move to the Vienna Stock Exchange prime market as of April 18, 2011. Now the company trades on the standard market continuous segment.
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Photovoltaics supplier Isovoltaic has cancelled its IPO plans due to the recent unfavourable developments on the European IPO markets. The listing was planned for Friday.