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ÖVP Finance Minister Hartwig Löger and State Secretary for Foreign Affairs Hubert Fuchs are reviewing a law that should make the investment administration more active. Austrian State.
investigation
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In particular, the Austrian company Federal and Industrial Holdings GmbH (ÖBIB) is to be transformed into Österreichische Beteiligungs AG (ÖBAG). As of 1 January, ÖBAG manages the government holdings and exercises the shares of the participating companies.
"The ÖBAG is responsible for the main actions of the company in the republic.After the transmission of the BIG, the value of the portfolio amounts to nearly 20 billion euros translated into Austrian population. owns about 2,280 euros on the credit side, 2,650 Euro "Löger is quoted in a statement. At the same time, more than 102,000 employees are important players in the labor market. Privatization is "not" desired.
No funds
Was abandoned by the creation of a fund. The speculative nature of a fund is not consistent with the request of the federal government. It wants more reliance on long-term, secure and stable investments.
State Secretary Hubert Fuchs (FPÖ) pointed out that the investment company relies on modern governance. The Supervisory Board sets the strategic direction and defines the directions, boundaries and processes of ÖBAG.
A share is held in the following companies: Poste (52.85% of the capital), OMV (31.50% of the capital), Telekom Austria (28.42% of the capital) and Casinos Austria (33.24% of the capital) . ,
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