21st Austria weekly - Vienna Insurance Group RBI UBM 31/01/2024 [pic1]VIG: Günter Geyer informed that he will no longer be available as Chairman of the Supervisory Board Group VIG after his current mandate expires. His term office ends on 24 May 2024 with Annual General Meeting resolving 2023 financial year. has played a key role in development leading insurance group Central-
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21st Austria weekly - Mayr-Melnhof Andritz ams Osram 20/11/2023 [pic1]Mayr-Melnhof: Due to uncompetitive wood prices from the Polish State Forests’ monopoly and low market demand across paper board products cartonboard group Mayr-Melnhof decided significantly reduce planned multiannual strategic investment project at MM Kwidzyn relating energy further pulp integration product range which was announced end of April 2023. Instead will focus its investments on increasing already high share renewable energy currently 69 % even further. In addition company has entered in consultations with trade unions work council a potential closure small packaging kraft machine PM 3 reorganisation may include collective dismissal around 110 employees.Mayr-Melnhof: performance: -3.62% Andritz: Brazilian producer Suzano
21st Austria weekly - Andritz voestalpine FACC Immofinanz 19/10/2023 [pic1]Andritz: International technology group Andritz will relocate and upgrade a fiberline for Yueyang Forest & Paper to produce premium quality fibers its new paper machine. The P-RC APMP Pre-Conditioning Refiner Chemical Alkaline Peroxide Mechanical Pulp
21st Austria weekly - Valneva Andritz Porr 22/06/2023 [pic1]Valneva: Valneva’s Supervisory Board members voted in favor of recommending to the shareholders transition from Company’s current two-tier governance model which includes a and Management Board one-tier model led by Directors with CEO Thomas Lingelbach included as an executive member. The Board’s proposal also recommends establishment Executive Committee be comprised of among others Board.