May 4, 2024 5:46 pm
Raiffeisen Holding is looking to expand into new business sectors

The Raiffeisen Holding, a private equity holding and conglomerate with numerous corporate investments, is undergoing a strategic restructuring. In a meeting at the business journalists’ club, CEO Michael Höllerer announced plans to give the Raiffeisen Holding a new identity and venture into new areas of business. The company currently has investments in various sectors such as food and beverages with companies like Agrana, NÖM dairy, and Leipnik Lundenburger mill group, as well as financial institutions like Raiffeisen Landesbank Niederösterreich-Wien and Strabag, Europe’s largest construction group.

Höllerer is focused on expanding into new sectors such as health, care, and energy. The holding company considers itself a sustainable investor that supports customers through the energy transition by providing services such as the popular green electricity tariff “Auri One.” Additionally, Raiffeisen Niederösterreich holds a majority stake in KURIER through Medicur Holding. Recent developments in the media industry due to Signa Group’s bankruptcy have sparked discussions around potential acquisitions of media holdings.

The holding company has expressed interest in acquiring Signa’s media assets but did not specify which aspects are of interest. While there have been concerns about some of the deals involving the holding company, including a Strabag-Russia deal, Höllerer assured that all necessary compliances have been followed. The holding company has also been navigating complex financial structures and potential acquisitions while attracting attention from regulatory bodies like the European Central Bank.

In addition to these challenges, Höllerer also expressed his views on Austria’s financial strategies particularly around paying interest on treasury notes in light of shifting financial landscapes. Despite ongoing negotiations and acquisitions in progress, the holding company is determined to position itself for a dynamic future in the Austrian business landscape with a focus on sustainable investments and strategic realignments.

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