23.10.2022, 1951 Zeichen

UBM: The Vienna City Council approved the land use and zoning plan for the LeopoldQuartier on 18 October. UBM Development can now start the realisation of this quarter along Vienna’s Danube Canal. Thomas G. Winkler, CEO of UBM Development AG: “After a long wait, we can give the go-ahead for the largest project currently in progress at UBM and, at the same time, make a strong contribution to sustainability in Vienna.” Offices, flats and serviced apartments with 75,000 m² of gross floor area (GFA) will be built on five building sites with a combined total of 22,900 m² along the Obere Donaustrasse. The construction and operation of the individual buildings will emit as little CO2 as possible. The LeopoldQuartier represents the first completely timber-hybrid construction urban quarter in Europe. Moreover, the consequent use of geothermal power and photovoltaics will make operations in the LeopoldQuartier CO2-free. Energy will be supplied entirely from renewable sources. In contrast to conventional district heating, the LeopoldQuartier will save approximately 300 tonnes of CO2 each year.
UBM: weekly performance: -0.72%

Lenzing: The Lenzing Group, a world-leading provider of specialty fibers for the textile and nonwoven industries, is reinforcing its commitment to circularity by becoming a partner in the CISUTAC (Circular and Sustainable Textile and Clothing) project that is co-funded by the EU. The new consortium was established to support the transition to a circular and sustainable textile sector and, as well as Lenzing, the 27 consortium members include the industry association Euratex, textile company Inditex, PVH, Decathlon and non-governmental organization Oxfam. For its part, Lenzing is focusing on the development of recycling processes for cellulose fibers in line with its own corporate strategy.
Lenzing: weekly performance: 1.64%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (20/10/2022)

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