(Vienna) Wiener Börse AG, a 100% subsidiary of CEESEG Aktiengesellschaft, the holding company of the CEE Stock Exchange Group, announced EBT for financial year 2012 of EUR 16.39 million (2011: EUR 24.35 million). The decline is due largely to sinking trading volumes; in 2012, domestic equity turnover in dropped 40% year-on-year.
Since July 2012, equity turnover has been on the rise again and in May monthly turnover in domestic equities was EUR 3.19 billion. The sustained interest of foreign market participants in the Vienna Stock Exchange is also positive: In 2013, three new trading members from Germany, France and Poland joined the exchange. Furthermore, a growing number of foreign banks are assuming the function of market maker for Austrian stocks and commit themselves to ensure liquidity.
Changes on the Supervisory Board
As of today, the following changes on the supervisory boards of Wiener Börse AG and CEESEG AG (CEE Stock Exchange Group) take effect: Willibald Cernko (UniCredit Bank Austria AG), Martin Simhandl (VIENNA INSURANCE GROUP AG), Hannes Bogner (UNIQA Versicherungen AG), Byron Haynes (BAWAG P. S. K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG) and Josef Weißl (Oberbank AG) are new members of the supervisory board of Wiener Börse AG. The chairperson of the supervisory board is Willibald Cernko This was decided at today’s general shareholders’ meetings of Wiener Börse AG and CEESEG AG.
The new members replace Friedrich Kadrnoska, Hans-Peter Hagen (VIENNA INSURANCE GROUP AG), Andreas Brandstetter (UNIQA Versicherungen AG), Christoph Raninger (BAWAG P. S. K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG) and Franz Gasselsberger (Oberbank AG) who as of today are no longer members of the supervisory board..
About the Vienna Stock Exchange
The Vienna Stock Exchange is a 100% subsidiary of the CEE Stock Exchange Group (CEESEG) which comprises the stock exchanges of Budapest, Ljubljana and Prague. The CEE Stock Exchange Group (CEESEG) is the largest stock exchange group in the region. In addition to the four stock exchanges, CEESEG operates three commodity exchanges and holds stakes in five clearing systems (CCPs) and two central securities depositories (CSDs). CEESEG makes access and trading on the local markets easier with the aim of improving liquidity. The CEESEG stock exchanges cooperate with 12 other exchanges in Central and Eastern Europe and enjoy international recognition for their unique CEE know-how.