Palfinger: To fully leverage the potential of its Tail and Passenger Lifts product line, the world’s leading provider of innovative crane and lifting solutions Palfinger will operate it in a new organizational set-up and under new leadership. The new organization will be managed under the dual global leadership of Hakan Peterson, based in North America, and a soon to be announced second manager, based in Europe. With the additional flexibility for the product line Tail and Passenger Lifts and the new leadership by Hakan Peterson we are creating the best conditions for the sustainable success of our Tail and Passenger Lifts product line. Peterson has a track record of significant success in this market and possesses the decisive expertise," says CFO Felix Strohbichler.
Palfinger: weekly performance: -0.92%

Porr: EnBW Energie Baden-Württemberg AG is investing around EUR 280m in the conversion of the Rudolf Fettweis Plant (RFW) in Forbach from a storage and run-of-river power plant to a pumped storage power plant. Austrian based construction group Porr has secured the contract for Lot 2 “Civil works” with a total volume of EUR 98.3m. “Pumped storage power plants are a particularly effective solution for generating alternative energy. They are therefore an important building block for the energy transition”, said Karl-Heinz Strauss, CEO of Porr AG.
Porr: weekly performance: -0.48%

OMV: The Executive Board of oil, gas and chemicals group OMV has decided to pursue negotiations with ADNOC on a potential cooperation with respect to their polyolefins businesses. Such cooperation would include a potential combination of the Borealis and Borouge businesses as equal partners under a jointly controlled, listed platform for potential growth acquisitions to create a global polyolefin company with a material presence in key markets.
OMV: weekly performance: 0.30%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (14/07/2023)

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