08.09.2019, 2045 Zeichen

Strabag: Austrian based construction group Strabag, as the contractor’s consortium leader, and Autostrada Pedemontana Lombarda S.p.A. announce that their principal agreement reached in April 2019 has now legally come into effect. A legal dispute in connection with the Pedemontana Motorway Project in northern Italy, which involves a consortium led by Austria’s Strabag AG, had led the client to issue a demand under a guarantee in March 2018. The consortium deemed this to be unjustified. The present settlement agreement not only puts an end to the proceedings concerning the demand under the guarantee (from which Strabag AG has already been released), it also concludes the pending legal disputes related to construction delays and any associated and considerable cost overruns.
Strabag: weekly performance: -2.19%

De Raj: ITI Capital will raise Euro 50 mn for De Raj Group. De Raj Group is attracting funds to finance M&A transactions and organic project acquisitions to support robust revenue growth. In addition to its current exposure into energy equipment services, the company expects to increase revenues from acquiring existing revenue generating assets and execution of new contracts for the construction of energy-saving modules. The bond placement scheduled for September 2019 will be structured as a private issue with a minimum subscription amount of Euro 100.000  addressed solely to qualified investors. The coupon with quarterly payment will amount to 8% p.a., maturity date will be September 2022. Vaidyanathan Nateshan (CEO, De Raj Group AG): "We expect that ITI Capital-managed bond placement will help us finance M&A opportunities in owning and operating mobile offshore units, managing concessions with water treatment assets and generation of solar energy power plants in Europe, Asia and Africa to help us launch the most profitable projects from the current pipeline to support our growth strategy and improve business prospects."

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (06/09/2019)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #633: Heute April Verfall, Ex-Marinomed-Investor in Troubles und die Radio-Studios A, B, C und vielleicht D

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Aktien auf dem Radar:Palfinger, Amag, SBO, Flughafen Wien, AT&S, Frequentis, EVN, EuroTeleSites AG, CA Immo, Erste Group, Mayr-Melnhof, S Immo, Uniqa, Bawag, Pierer Mobility, ams-Osram, Addiko Bank, Wiener Privatbank, SW Umwelttechnik, Oberbank AG Stamm, Kapsch TrafficCom, Agrana, Immofinanz, OMV, Österreichische Post, Strabag, Telekom Austria, VIG, Wienerberger, Warimpex.

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