AUSTRIA: 3D ULTRASOUND IMAGING BY KRETZTECHNIK
Article Abstract:
In order to finance increased investment in research and development, the adding of new distribution channels and expansion on the US market, the Austrian company Kretztechnik is to go public in the Neuer Markt segment of Frankfurt Stock Exchange. Kretztechnik claims to be the world market leader in 3-dimensional diagnostic ultrasound imaging systems, with a market share of 37%. In 1999 it saw a 46% increase in group turnover to Sch 797mn and a 32% growth in profit for the year to Sch 71mn.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
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AUSTRIA: KRETZTECHNIK TO GE MEDICAL SYSTEMS
Article Abstract:
Medical Systems, a subsidiary of US group General Electric (GE), acquired a 65.4% majority in Austrian Kretztechnik from Korean Medison. GE paid EUR 97.5mn, or EUR 12 per share, for Medison's stake. GE offers to buy widespread shares for EUR 17 per share in the coming two weeks. Zipf-based Kretztechnik is the world market leader for modern ultrasound systems, i.e. three-dimensional real-time imaging systems.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
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US/AUSTRIA: CLOSER TIES BETWEEN KRETZ, MEDISON
Article Abstract:
Kretztechnik, the Austrian producer of ultrasound equipment, is taking a 50% stake in Medison America for US$ 6.6mn. Both the Austrian and the US company are controlled by Medison Co Ltd of South Korea. Medison America will be run as a joint venture of Kretztechnik and Medison Co Ltd, which used to hold the entire stock of the US company.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
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