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United Kingdom

Kirsti Knolle

AMS re-opens door on Osram bid as recovery continues

10:09am BST

VIENNA Apple supplier AMS kept alive the prospect of a counterbid for German lighting group Osram on Tuesday, as the Austrian company predicted demand for its optical sensors would continue to recover in the third quarter.

From gas in Russia to China-bound plastics, Austria's OMV shifts focus for growth

19 Jun 2019

(Corrects name of Borealis CEO to Alfred Stern (not Achim Stern) in paragraph 22 in June 18 story.)

OMV to pay Gazprom $1 billion for stake in Siberian gas field

07 Jun 2019

VIENNA OMV agreed on Friday to pay 905 million euros ($1 billion) to Russia's Gazprom for a stake in a Siberian gas field, as part of the Austrian firm's strategy to boost its gas business.

UPDATE 2-OMV to pay Gazprom $1 bln for stake in Siberian gas field

07 Jun 2019

* OMV, Gazprom agree LNG cooperation (Adds CEO, LNG deal, details, background)

European mainstream politicians see hope in downfall of Austrian far right leader

20 May 2019

VIENNA Politicians from Europe's mainstream parties called on voters to stand against the far right, after a video sting brought down the leader of Austria's Freedom Party, hurting the momentum of nationalists days before a European parliamentary election. | Video

Austrian government collapses as far right leader caught in video sting

19 May 2019

VIENNA Austria raced on Saturday towards a snap election as Chancellor Sebastian Kurz pulled the plug on his coalition with the far right after its leader was caught on video offering to fix state contracts with a woman posing as a Russian oligarch's niece. | Video

Austrian leader calls crisis meeting after deputy filmed discussing deals

18 May 2019

VIENNA, May 18 Austrian Chancellor Sebastian Kurz called a crisis meeting late on Friday after two German newspapers published footage purportedly showing his deputy discussing state contracts with a potential Russian backer in return for political support.

UPDATE 2-Austria's OMV upbeat on oil output, cautious on downstream

03 May 2019

* Deal with Gazprom on Siberia assets expected in summer (Adds CEO comment, detail, analyst)

UPDATE 2-Andritz shares slide as weak car sector hits margins

02 May 2019

* Shares fall 12 percent (Adds pulp & paper business, shares, analyst)

Chipmaker AMS signals steady Apple orders, Android share grows

30 Apr 2019

VIENNA Apple supplier AMS on Tuesday was upbeat on the current quarter and the rest of the year, pointing to steady orders for optical sensors from its major customer and a growing share of income from Android smartphone makers.

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