Austrian exchange - Educational page by Freedom24 to increase financial literacy | Freedom24

Investopedia24

Austrian exchange

Investors in Austria represent their interests at the Austrian Wiener Börse AG – the only stock exchange the country which was founded in the 18th century. It is open to foreign companies: alongside European brands, the stocks of the North American, Chinese, Australian and Israeli companies are traded here as well. The premium segment of the market is occupied by world-famous Austrian companies - Raiffeisen Bank financial holding, Vienna Airport, Wienerberger – world’s largest producer of bricks and clay roof tile, Zumtobel international lighting group, Schoeller Bleckmann – oil and gas equipment manufacturer, Palfinger – manufacturer of hydraulic lifting. The only foreign company at the top of the list is the French biotechnology concern Valneva. The largest IPO in the history of the Exchange belongs to the Strabag construction company which listed on the Vienna Stock Exchange.

According to financial indicators, the Exchange belongs to the middle segment of the world stock market. In order to expand its influence, the sole owner of the Vienna Stock Exchange, CEESEG AG, decided to acquire the Prague Stock Exchange. The main objective of the purchase was to get to know local companies with international customers. The strategy turned out to be successful: the number of companies offering shares on the Vienna Stock Exchange is steadily expanding, as is the number of brokers interested in its services.

Do you have any questions?
Get a free consultation from our specialists.

Submit a question