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21st Austria weekly - UBM, KTM (24/10/2023)

29.10.2023

UBM: In mid-May 2024, Gerald Beck will take over the position of Managing Director at Bundesimmobiliengesellschaft (BIG) and Austrian Real Estate (ARE) from Wolfgang Gleissner, who is retiring. Beck will therefore not extend his managing director contract at UBM Development Austria, which expires in the middle of the year. “UBM and ARE are linked by a strategic partnership in Munich and Vienna and it is always an honour when there is a friendly management change here,” commented Thomas G. Winkler, CEO of the listed parent company of UBM Austria. Beck will be succeeded on an interim basis by the new CTO and board member of UBM Development AG, Peter Schaller.
UBM: weekly performance: -0.98%

KTM: In November 2022, KTM AG, a subsidiary of Pierer Mobility AG, by ways of a capital increase acquired a 25.1% stake in MV Agusta Motor S.p.A., based in Varese (Italy). As part of this cooperation, KTM AG took over the supply chain and purchasing for MV Agusta in October 2023. In addition, MV Agusta's product range is distributed through Pierer Mobility's worldwide sales network. The call option granted to KTM AG on the basis of the annual financial statements as of December 31, 2025 to acquire a majority stake in MV Agusta will be exercised in spring 2026.
Pierer Mobility: weekly performance: -3.52%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (24/10/2023)


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21st Austria weekly - UBM, KTM (24/10/2023)


29.10.2023, 1395 Zeichen



UBM: In mid-May 2024, Gerald Beck will take over the position of Managing Director at Bundesimmobiliengesellschaft (BIG) and Austrian Real Estate (ARE) from Wolfgang Gleissner, who is retiring. Beck will therefore not extend his managing director contract at UBM Development Austria, which expires in the middle of the year. “UBM and ARE are linked by a strategic partnership in Munich and Vienna and it is always an honour when there is a friendly management change here,” commented Thomas G. Winkler, CEO of the listed parent company of UBM Austria. Beck will be succeeded on an interim basis by the new CTO and board member of UBM Development AG, Peter Schaller.
UBM: weekly performance: -0.98%

KTM: In November 2022, KTM AG, a subsidiary of Pierer Mobility AG, by ways of a capital increase acquired a 25.1% stake in MV Agusta Motor S.p.A., based in Varese (Italy). As part of this cooperation, KTM AG took over the supply chain and purchasing for MV Agusta in October 2023. In addition, MV Agusta's product range is distributed through Pierer Mobility's worldwide sales network. The call option granted to KTM AG on the basis of the annual financial statements as of December 31, 2025 to acquire a majority stake in MV Agusta will be exercised in spring 2026.
Pierer Mobility: weekly performance: -3.52%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (24/10/2023)



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