Tuesday, June 16, 2009

AUSTRIA STOCK EXCHANGE


1859 S&H opens a branch office in Vienna (which remains in operation until 1864). 1879S&H Berlin sets up a technical office in Vienna. 1890s Siemens builds power stations and electric tramways in numerous cities. 1904Österreichische Siemens-Schuckertwerke AG (ÖSSW) is founded. S&H’s facility in Vienna assumes responsibility for the low-voltage power business. 1939The cable plant in Vienna is transformed into a stock company called Wiener Kabel- und Metallwerke AG (WKM). A technical office is opened in Vienna under the name S&H AG, Vienna branch office. 1946ÖSSW and S&H’s Vienna facility are nationalized, forming Siemens-Schuckertwerke Ges. m. b. H. and Siemens Halske Ges. m. b. H., respectively. 1958Emcolux takes over 60% of WKM’s capital stock. The remaining 40% is held by the Austrian SSW company and S&H-Ges. m. b. H. 1967WKM founds Siemens Ges. m. b. H. 1970An electronic components production plant is opened in Villach, Carinthia. 1971WKM, Siemens Ges. m. b. H Wien and NTW (Nachrichtentechnische Werke) merge to form Siemens AG Österreich. 1992Siemens installs the world’s first fully digitized, networked radiological imaging system at Vienna’s Donauspital hospital. As of 1994 The company gradually assumes responsibility for the CEE (Central and Eastern European) business region. 1998The "Siemens Literature Prize" is awarded for the first time; with prize money of EUR 10,000 it is one of Austrians richests literature awards.2000The contract to deliver 400 locomotives by 2006 to the Austrian national railway is Siemens’ biggest locomotive order in its history2001Siemens AG Austria becomes a wholly owned subsidiary of the Siemens Group 2004Siemens Austria wins Germany’s PR Prize 2004 for its “Academy of Life” event series2005Siemens merges with the Austrian company VA Technologie AG (VA Tech) and consolidates its leading position in the world markets of metallurgy, power transmission and -distribution2006The e-card system developed by Siemens creates a country-wide network for Austria’s healthcare system2006Siemens is technology partner for Austria’s EU Council Presidency 2006

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