• Sat. May 4th, 2024

Raiffeisen Holding Embraces New Direction: CEO Michael Höllerer Announces Strategic Realignment

BySamantha Jones

Apr 25, 2024
Raiffeisen Holding is looking to expand into new business sectors

Raiffeisen Holding, the largest private equity holding and conglomerate with numerous corporate investments, is undergoing a strategic restructuring. During a meeting at the business journalists’ club, CEO Michael Höllerer announced plans to give the company a new profile and venture into new business areas.

Raiffeisen Holding currently has investments in various sectors such as food and beverage with companies like Agrana, NÖM dairy, and Leipnik Lundenburger mill group, as well as in financial institutions like Raiffeisen Landesbank Niederösterreich-Wien and Strabag, Europe’s largest construction group. The holding company is also focused on expanding into new business sectors such as health, care, and energy.

As a sustainable investor that supports customers with the energy transition, Raiffeisen offers services like its popular green electricity tariff “Auri One.” The holding company also holds a majority stake in KURIER through Medicur Holding. Recent developments in the media industry due to Signa Group’s bankruptcy have led to discussions around media holdings and potential acquisitions.

While there have been concerns about some of the deals involving the holding company including a Strabag-Russia deal, Höllerer assured that necessary compliances have been adhered to. The holding company has been navigating complex financial structures and potential acquisitions while attracting attention from regulatory bodies like the European Central Bank.

Höllerer also expressed views on Austria’s financial strategies particularly around paying interest on treasury notes in shifting financial landscapes. While there are ongoing negotiations and acquisitions in progress, the holding is navigating challenges and evolving business priorities. With a focus on sustainable investments and strategic realignments, Raiffeisen Holding is positioning itself for a dynamic future in the Austrian business landscape.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

Leave a Reply