OIAGOCEG (Open Compliance and Ethics Group) Internal Audit Guide
OIAGOsterreichische Industrieholding AG (German: Austrian Privatization Agency)
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References in periodicals archive ?
The company behind Mexican billionaire Carlos Slim currently holds 27% of Telekom Austria, while OIAG owns 28%.
In July 2003 OIAG made a debt issue exchanged for the TA stakes with a maturity period of 3 years and accounted for 300m [euro] (13).
Austrian Airlines offered to reduce the size of its fleet in order to win approval from the European Commission for its acquisition by Lufthansa, state holding company OIAG CEO Peter Michaelis told Format magazine.
German airline Lufthansa said on Tuesday that, in agreement with Osterreichischen Industrieholding AG (OiAG), it has applied to the Austrian Takeover Commission to extend the deadline for its merger with Austrian Airlines to 31 August 2009.
"We are going to ensure follow-up so that AUA, Lufthansa and OIAG [the public holding company] conclude the transaction successfully," declared Proll, quoted by the APA press agency.
As a result of the deal, OIAG's stake in OMV dropped from 72% to 52.4%.
In May 2000, new legislation came into force allocating federal owner-ships in the postal and telecommunication sectors under the roof of Austria's public sector industrial holding (OIAG).
27 June 2014 - Russian gas major Gazprom OAO (MCX:GAZP) is not in discussions to acquire an interest in Austrian energy firm OMV AG (VIE:OMV), Siegfried Wolf, chairman of state holding company Oesterreichischen Industrieholding AG (OIAG), which owns a 31.5% in OMV, said, as quoted by news agency PRIME.
That amount includes the 41.56% stake that is currently still held by the OIAG. The syndicate of Austrian core shareholders in also included.
IPIC's relations with the Austrian side were strained in 1995 after Abu Dhabi's proposal for an additional board member was brushed off by the OeMV management and by OIAG. For its part, ADNOC was disappointed that it could not work out a crude oil supply deal with OeMV, as had been promised by the Austrian company.
Telecom Italia is moving out of Austria having also finalised an agreement with OIAG, the main stockholder of Telekom Austria, to sell progressively its shares in Telekom Austria.