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veterinary telehealth market poised for significant growth and innovation by 2032

Veterinary telehealth is rapidly evolving, utilizing technology to provide remote access to veterinarians for pet owners, enhancing convenience and care, especially in underserved areas. This method facilitates quicker diagnoses and ongoing management of chronic conditions, while still recognizing the need for in-person consultations for complex cases. Major players in this market include Petzam, PetDesk, and TeleVet, with significant growth anticipated by 2032 driven by increased R&D spending.

European refiners launch synthetic oil plants from waste plastic

TotalEnergies SE and OMV AG are set to launch plants that will convert waste plastic into synthetic oil, aiming to reduce emissions in chemical production. This innovative approach of returning used plastics to a liquid oil state is gaining traction as a viable alternative to traditional mechanical recycling methods.

Raiffeisenbank Region Schärding expands executive board with Wolfgang Mayr appointment

Raiffeisenbank Region Schärding is set to expand its Executive Board in early 2025 with the appointment of Wolfgang Mayr, an experienced banker from within the organization. Mayr, who has a 20-year career in corporate customer service and has led the Competence Center for Corporate Customers since 2017, will join current Directors Matthias Breidt and Karin Wallerstorfer-Rögl. Chairman Josef Kinzl expressed confidence in Mayr's qualifications to guide the bank towards a successful future, emphasizing the commitment to serving the regional community sustainably.
11:51 26.11.2024

growth prospects of asset management in central and eastern europe

At a recent press conference, Raiffeisen Capital Management unveiled its CEE Asset Management Radar, highlighting the growth potential of the asset management industry across fourteen Central and Eastern European countries. The radar combines economic data with asset management trends, forecasting a compound annual growth rate of 12.1% for the region, driven primarily by net inflows. Raiffeisen Group's assets under management reached a record high of nearly 65 billion euros, reflecting a robust recovery and increasing interest in sustainable investments.
19:26 25.11.2024

endurosat orders 100 electric propulsion systems to enhance satellite capabilities

EnduroSat has ordered 100 electric propulsion systems from Austria's Enpulsion to meet the growing demand for larger spacecraft. The company plans to integrate these thrusters into its 6U and larger satellite platforms, enhancing operational life and maneuverability. The first 30 systems are expected to be delivered within the next year, with an initial batch arriving by year-end.

ktm owner seeks debt maturity extension amid financial restructuring efforts

Pierer Industrie AG is working to extend the maturity of nearly €250 million in debt due to financial challenges at its KTM motorcycle unit. The company, led by entrepreneur Stefan Pierer, has begun a restructuring process aimed at preventing creditors from demanding early repayment, without reducing their claims.

raiffeisen capital management achieves record assets in central and eastern europe

Raiffeisen Capital Management has reached an all-time high of nearly EUR 65 billion in assets under management, with a significant portion invested responsibly. The fund savings segment in Central and Eastern Europe (CEE) is rapidly growing, reflecting broader societal engagement in capital markets. Forecasts indicate strong growth potential in CEE, with local assets expected to surpass those of Austria by 2028.
14:37 25.11.2024

Bawag shares poised for growth as analysts recommend strong buy

Bawag Holding is gaining traction in the banking sector, with shares on an upward trend and targeting EUR 74.40. Analysts are optimistic, with eleven out of twelve recommending a buy and an average price target of EUR 88.09, indicating potential for institutional interest. The stock's technical indicators suggest a strong trend phase may be emerging.
12:18 25.11.2024

eu beef prices rise with notable increases across member states

Average slaughter cattle prices in the EU rose again, with young bulls in trade category R3 reaching €549.03/100 kg BW, a 1.0% increase from the previous week. Spain and Poland saw notable gains of 2.7% and 1.7%, while Italy experienced volatility with an 8.1% drop.Cows for slaughter in trade category O3 averaged €438.19/100 kg BW, up 0.2%, with Italy leading the increase at 2.0%. Heifer prices also climbed, averaging €547.36/100 kg BW, a 1.0% rise, driven by strong demand in Spain and Poland.
06:35 25.11.2024

raiffeisenbank im thayatal hosts successful business breakfast on sustainability and economy

Raiffeisenbank im Thayatal hosted its inaugural Business Breakfast, attracting around 50 guests for networking and insightful discussions. Gunter Deuber provided an economic outlook, while Eva Seidl focused on sustainability in corporate client business. A standout moment was Thomas Göttinger's presentation on successfully implementing sustainability in the region. The event was well-received, and the bank plans to continue this initiative to support the local economy.
06:30 25.11.2024
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