More layoffs for Telekom Austria

Article Abstract:

Telekom Austria is planning to downsize its labor force by 3,000 workers as part of its restructuring plan. The company, which is attempting to reduce costs by approximately 300 million euros annually, has 14,500 employees.

Labor force information, Financial management, Human resource management

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Takeover talk, restructuring could boost Telekom Austria

Article Abstract:

Telekom Austria could see its share value rise amidst rumors of a potential takeover or a corporate restructuring. Telecom Italia and the Austrian government are planning to put up major shares of the company for sale.

Strategy & planning, Planning

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Siemens tries again to take over VA Tech

Article Abstract:

Siemens AG is attempting to acquire VA Technologie AG again with a promise to not close any major plants in Austria and an offer of $71.31 a share.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Acquisitions & mergers, Construction, Germany, Commodity & service prices, Engineering Services, Securities issued, listed, Engineering & Architectural Svcs, Security brokers and dealers, HEAVY CONSTRUCTION, EX. BUILDING, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, GENERAL BUILDING CONTRACTORS, Construction industry, Mergers, acquisitions and divestments, Prices and rates, Company acquisition/merger, Securities industry, Securities, Electronics industry, Siemens AG, VA Technologie AG, Company securities, Company pricing policy

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