30.06.2019, 2430 Zeichen

Andritz: International technology Group Andritz will supply four two-stage vertical pumps for water transport as part of the Shanxi Xiaolangdi Yellow River Diversion Project in China. With two reservoirs, several tunnels, underground canals, pumping stations, pipelines, and aqueducts, the project is designed to handle and transport 247 million cubic meters of water annually. 116 million cubic meters are for irrigation, 116 million cubic meters for industrial and urban water supply, and 15 million cubic meters for ecological use. Further, Andritz announced that it has been chosen as the maintenance and service partner for Arauco’s MAPA project in Chile. The long-term Andritz Synergy™ service agreement covers the entire mill, including all pre-engineering, commissioning, start-up and integral maintenance there as well as supply of spare and wear parts and after-sales service. And, the company has received an order from Stora Enso to supply production technologies and key process equipment for rebuild of the fiberline and drying machine as well as for modernization of the stock preparation system at its Oulu Mill, Finland. Start-up is scheduled for the fourth quarter of 2020.
Andritz: weekly performance: 0.91%

Erste Group: Erste Group has to create a provision in the amount of up to Euro 230 mn (pretax) as a result of a Romanian High Court decision dated 24 June 2019 in relation to the business activities of its local building society BCR BpL, a subsidiary of Erste Group participation BCR. The disbursement of state subsidies to building society clients in accordance with the applicable legal provisions was at the core of this case. While the court of first instance accepted BCR BpL's legal position on the most relevant counts, the High Court overturned the lower court ruling. At this time the High Court has provided no further reasoning for its decision. As BCR BpL considers that both before and after the enactment of the revised building society legislation it has duly observed all legal provisions and acted in good faith, it will further pursue in court the defense of its own and its clients' rights, as soon as the High Court's motivation will be published. Despite this significant negative one-off effect, Erste Group maintains its outlook for the 2019 financial year.
Erste Group: weekly performance: 0.77%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (25/06/2019)

Christian Drastil: Wiener Börse Plausch

Books from Friends #1: Was du schon immer über die Musikbranche wissen wolltest. Und was dir vorher niemand erzählt (Sebastian Kuck)

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