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21st Austria weekly - Industry turnover, Erste Group, voestalpine (04/12/2019)

08.12.2019

Industry turnover: A total of 65 835 enterprises in the entire industry and construction sector (+0.4% compared to the previous year) turned over €197.9 bn (+3.8%) in the reporting period January to August 2019, according to calculations by Statistics Austria. The working-day adjusted turnover for industry and construction increased by 4.1%. These figures coupled with increasing employment (1°007 141 persons, +1.0%).

Erste Group: Erste Group is systematically growing its comprehensible Social Banking programme in Central and Eastern Europe (CEE): The 2nd impact assessment of social banking activities, based on methodology developed in cooperation with the Vienna University of Economics and Business, measures the impact of the social banking efforts on local communities. More than 19,000 people in financial difficulties, 7,000 small farmers, 3,100 entrepreneurs starting their micro-businesses in areas with high unemployment and poverty and 600 social organizations across CEE accessed offerings of Erste’s Social Banking. Overall, Erste dispersed a total of EUR 235 million in loans across CEE, with EUR 65 million provided in 2018/2019 alone Thus, Erste lives up to its believe that growth must be inclusive. While the overall poverty rate in CEE has decreased by 6% since last year, 14 million people in Erste’s core markets Austria, Croatia, Czechia, Hungary, Romania, Serbia, and Slovakia are still at risk of poverty. A majority of these can barely make ends meet, cannot cover unexpected expenses or lack basic household amenities such as heating or proper sanitation.
Erste Group: weekly performance: 0.09%

voestalpine: Karelsky Okatysh, the leading plant for the extraction and processing of iron ore in Russia (part of PAO Severstal), has been commended by one of its largest customers – voestalpine AG, which it supplies with fluxed iron ore pellets. In a letter from voestalpine’s headquarters in Linz, Austria, the leading global technology company said it had evaluated Severstal in accordance with the Quality Management System based on the results of the 2018/2019 financial year. As a supplier, the quality of Severstal’s product received the highest grade “A” rating on a scale from A to D. In correspondence, representatives from the client specified that Severstal was one of voestalpine’s most valued suppliers. In comparison to the previous assessment, pellets from Kostomuksha further improved in product quality and investment in quality improvement. Maxim Vorobyev, Director of the branch of Severstal Management in Kostomuksha, CEO of Karelsky Okatysh and Olcon, commented: "We are very grateful to our client for assessing our work on a global level. This recognition is highly important to the team at Karelsky Okatysh, as it proves that all our efforts to improve our product quality and service are appreciated by our clients. The achieved result is very good, although there is always an area for improvement, and we will strive for maximum excellency."
voestalpine: weekly performance: 2.62%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (04/12/2019)


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21st Austria weekly - Industry turnover, Erste Group, voestalpine (04/12/2019)


08.12.2019


Industry turnover: A total of 65 835 enterprises in the entire industry and construction sector (+0.4% compared to the previous year) turned over €197.9 bn (+3.8%) in the reporting period January to August 2019, according to calculations by Statistics Austria. The working-day adjusted turnover for industry and construction increased by 4.1%. These figures coupled with increasing employment (1°007 141 persons, +1.0%).

Erste Group: Erste Group is systematically growing its comprehensible Social Banking programme in Central and Eastern Europe (CEE): The 2nd impact assessment of social banking activities, based on methodology developed in cooperation with the Vienna University of Economics and Business, measures the impact of the social banking efforts on local communities. More than 19,000 people in financial difficulties, 7,000 small farmers, 3,100 entrepreneurs starting their micro-businesses in areas with high unemployment and poverty and 600 social organizations across CEE accessed offerings of Erste’s Social Banking. Overall, Erste dispersed a total of EUR 235 million in loans across CEE, with EUR 65 million provided in 2018/2019 alone Thus, Erste lives up to its believe that growth must be inclusive. While the overall poverty rate in CEE has decreased by 6% since last year, 14 million people in Erste’s core markets Austria, Croatia, Czechia, Hungary, Romania, Serbia, and Slovakia are still at risk of poverty. A majority of these can barely make ends meet, cannot cover unexpected expenses or lack basic household amenities such as heating or proper sanitation.
Erste Group: weekly performance: 0.09%

voestalpine: Karelsky Okatysh, the leading plant for the extraction and processing of iron ore in Russia (part of PAO Severstal), has been commended by one of its largest customers – voestalpine AG, which it supplies with fluxed iron ore pellets. In a letter from voestalpine’s headquarters in Linz, Austria, the leading global technology company said it had evaluated Severstal in accordance with the Quality Management System based on the results of the 2018/2019 financial year. As a supplier, the quality of Severstal’s product received the highest grade “A” rating on a scale from A to D. In correspondence, representatives from the client specified that Severstal was one of voestalpine’s most valued suppliers. In comparison to the previous assessment, pellets from Kostomuksha further improved in product quality and investment in quality improvement. Maxim Vorobyev, Director of the branch of Severstal Management in Kostomuksha, CEO of Karelsky Okatysh and Olcon, commented: "We are very grateful to our client for assessing our work on a global level. This recognition is highly important to the team at Karelsky Okatysh, as it proves that all our efforts to improve our product quality and service are appreciated by our clients. The achieved result is very good, although there is always an area for improvement, and we will strive for maximum excellency."
voestalpine: weekly performance: 2.62%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (04/12/2019)




 

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