(Vienna) Heinrich Schaller will become a member of the Management Board of Wiener Börse AG. This morning, the Supervisory Board of Wiener Börse AG unanimously voted for the appointment of Heinrich Schaller at it regular meeting. Schaller will replace Stefan Zapotocky who requested his premature resignation for personal reasons. As of 1 June 2006, the operations of Wiener Börse AG will be managed jointly by Michael Buhl and Heinrich Schaller.
The 46-year old banking expert, Heinrich Schaller, is still a member of the Management Board of Raiffeisenlandesbank Oberösterreich and responsible for Treasury and Marketing. Prior to this position, he was responsible for Treasury operations at Raiffeisenzentralbank in Vienna.
"We have succeeded in attracting an experienced banking expert with Heinrich Schaller. Michael Buhl and Heinrich Schaller will continue the successful strategy of Wiener Börse in the coming years as well," said Friedrich Kadrnoska, Chairman of the Supervisory Board of Börse AG, highly satisfied. "The excellent development of the Austrian capital market, the strong presence in the Central and East European market and the shareholder structure of Wiener Börse are the best conditions for further growth of the exchange," said Kadrnoska.
"Wiener Börse is excellently positioned: Austrian companies raised a record volume of over ER 6.4bn through the Austrian stock market last year," said Schaller. The inflow of fresh capital will be the focus of work in 2006 as well for the new Management Board. "The goal is to bring new and existing issuers to tap the capital market in Vienna more often to match the significantly higher economic growth in Central and Eastern Europe," explained Schaller. Furthermore, Schaller and his colleague Buhl plan to carry on the strategy of intensifying cooperation with Southeastern and Central European exchanges. "We will continue the efforts to work closely together with other exchanges and strengthen the position of Wiener Börse as an internationally recognized source of expert knowledge."
Wiener Börse breaks new record in 2005
The results of Wiener Börse for the year 2005 were also announced at today’s Supervisory Board meeting. Wiener Börse can look back at a very successful business year once again. The operating profit (EBIT) was increased by 185% to EUR 15.8mn and the profit on ordinary business activity (POA) was up by 134% to EUR 19.0mn.