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21st Austria weekly - Aluflexpack, Austrian labour market (17/06/2019)

23.06.2019

Aluflexpack: Together with its sole shareholder, Montana Tech Components AG a company owned by Austrian investor Michael Tojner, and Joh. Berenberg, Gossler & Co KG, Aluflexpack AG has determined the terms of the planned listing in the International Reporting Standard of the SIX Swiss Exchange. The price range for the shares offered was set at CHF 20.00 to CHF 26.00 per share. The bookbuilding process will begin 17 June 2019, and is expected to conclude on 27 June 2019, at 12:00 (noon) CEST. The announcement of the final offer price is expected to take place on 28 June 2019. On the same day, the listing and the commencement of the trading of the shares on the SIX are envisaged to take place. Igor Arbanas, CEO of Aluflexpack AG, says: "We are well positioned in selected fast growing markets with our high quality products and services, and have access to a deep and integrated value chain. The successful implementation of our strategy is also reflected in the positive development of our results. We are pleased to not only see interest from our customers to further develop our business but also see numerous additional market opportunities - and on this high growth potential we wish to capitalize. Against this background, we look forward to the next exchange with the investors."

Austrian labour market: Some 4.301 million people living in Austria were in employment during the first quarter of 2019, according to the Labour Force Survey carried out by Statistics Austria. Compared to the first quarter of 2018, the number of employees increased by 44 600, while the numbers of self-employed people and unpaid family workers rose only slightly. The number of full-time employees (+59 100) increased considerably, while the number of part-time employees decreased slightly (-14 500). Both sexes benefited from this increase (men +19 800, women +24 900). However, men benefited more from the increase of full-time employment (+49 700, part-time: -30 000) than women (+9 400, part-time: +15 500). Furthermore, the rise in the number of employed people was concentrated especially among the age group 55-64 (+39 700) and persons with Austrian nationality (+40 500). During the first quarter of 2019, the number of unemployed people (222 400) was lower than in the previous year (first quarter of 2018: 235 100). This resulted in an unemployment rate of 4.9%, actually being lower than in the first quarter of 2018 (5.3%). Especially men, younger persons and persons with apprenticeship as highest level of education benefited from this decrease.

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (17/06/2019)


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21st Austria weekly - Aluflexpack, Austrian labour market (17/06/2019)


23.06.2019



Aluflexpack: Together with its sole shareholder, Montana Tech Components AG a company owned by Austrian investor Michael Tojner, and Joh. Berenberg, Gossler & Co KG, Aluflexpack AG has determined the terms of the planned listing in the International Reporting Standard of the SIX Swiss Exchange. The price range for the shares offered was set at CHF 20.00 to CHF 26.00 per share. The bookbuilding process will begin 17 June 2019, and is expected to conclude on 27 June 2019, at 12:00 (noon) CEST. The announcement of the final offer price is expected to take place on 28 June 2019. On the same day, the listing and the commencement of the trading of the shares on the SIX are envisaged to take place. Igor Arbanas, CEO of Aluflexpack AG, says: "We are well positioned in selected fast growing markets with our high quality products and services, and have access to a deep and integrated value chain. The successful implementation of our strategy is also reflected in the positive development of our results. We are pleased to not only see interest from our customers to further develop our business but also see numerous additional market opportunities - and on this high growth potential we wish to capitalize. Against this background, we look forward to the next exchange with the investors."

Austrian labour market: Some 4.301 million people living in Austria were in employment during the first quarter of 2019, according to the Labour Force Survey carried out by Statistics Austria. Compared to the first quarter of 2018, the number of employees increased by 44 600, while the numbers of self-employed people and unpaid family workers rose only slightly. The number of full-time employees (+59 100) increased considerably, while the number of part-time employees decreased slightly (-14 500). Both sexes benefited from this increase (men +19 800, women +24 900). However, men benefited more from the increase of full-time employment (+49 700, part-time: -30 000) than women (+9 400, part-time: +15 500). Furthermore, the rise in the number of employed people was concentrated especially among the age group 55-64 (+39 700) and persons with Austrian nationality (+40 500). During the first quarter of 2019, the number of unemployed people (222 400) was lower than in the previous year (first quarter of 2018: 235 100). This resulted in an unemployment rate of 4.9%, actually being lower than in the first quarter of 2018 (5.3%). Especially men, younger persons and persons with apprenticeship as highest level of education benefited from this decrease.

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (17/06/2019)




 

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