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21st Austria weekly - Andritz, S Immo, Immofinanz (24/02/2023)

26.02.2023

Andritz: International technology group Andritz has received an order from Smurfit Kappa to deliver a new energy-efficient debarking line for its paper mill in Yumbo, Colombia. Start-up is scheduled for the fourth quarter of 2024. The order is part of Smurfit Kappa´s project to replace the fossil fuels currently used with different types of organic waste to generate cleaner energy at its paper mill in Yumbo. The organic waste, processed in the Andritz debarking line, will be comprised of pine and eucalyptus bark from the company’s own forestry plantations and waste from its wood treatment plant, among other materials.
Andritz: weekly performance: 2.22%

S Immo/Immofinanz: Austrian real estate company Immofinanz has signed a letter of intent to sell several office properties at the location on Vienna’s Wienerberg to S Immo, a company in which it holds 50% plus one share. The transaction will cover six standing assets with roughly 128,000 sqm of rentable space and one development project with nearly 20,000 sqm of space that will be completed in summer 2023. The transaction volume will amount to approximately EUR 411.0 million. The closing for the purchase of the buildings is expected to take place in several tranches during 2023. As Immofinanz holds a controlling interest of 50% plus 1 share in S Immo, this transaction will have no effect on the Group’s asset, financial or earnings position.
S Immo: weekly performance: -0.13%
Immofinanz: weekly performance: 0.91%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (24/02/2023)


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21st Austria weekly - Andritz, S Immo, Immofinanz (24/02/2023)


26.02.2023, 1567 Zeichen



Andritz: International technology group Andritz has received an order from Smurfit Kappa to deliver a new energy-efficient debarking line for its paper mill in Yumbo, Colombia. Start-up is scheduled for the fourth quarter of 2024. The order is part of Smurfit Kappa´s project to replace the fossil fuels currently used with different types of organic waste to generate cleaner energy at its paper mill in Yumbo. The organic waste, processed in the Andritz debarking line, will be comprised of pine and eucalyptus bark from the company’s own forestry plantations and waste from its wood treatment plant, among other materials.
Andritz: weekly performance: 2.22%

S Immo/Immofinanz: Austrian real estate company Immofinanz has signed a letter of intent to sell several office properties at the location on Vienna’s Wienerberg to S Immo, a company in which it holds 50% plus one share. The transaction will cover six standing assets with roughly 128,000 sqm of rentable space and one development project with nearly 20,000 sqm of space that will be completed in summer 2023. The transaction volume will amount to approximately EUR 411.0 million. The closing for the purchase of the buildings is expected to take place in several tranches during 2023. As Immofinanz holds a controlling interest of 50% plus 1 share in S Immo, this transaction will have no effect on the Group’s asset, financial or earnings position.
S Immo: weekly performance: -0.13%
Immofinanz: weekly performance: 0.91%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (24/02/2023)



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