University for Global Trade
1985 Stanford University
1968 – 1974 Chase Manhattan Bank, Wien, N.Y., Paris, Düsseldorf
1974 – 1979 Executive partner for DONAU FINANZ Treuhand- und FinanzierungsGmbH & Co. KG, Vienna
since 1979 Founder and executive partner for E. F. Grossnigg Finanzberatung und Treuhandgesellschaft m.b.H.
The shareholders are limited to a 20 percent share at a time in Austria Holding; income from investments is distributed annually – like in the old days with the interest of a savings account. Thus the income return for the shareholders is mainly generated by dividend payout from the associate companies rather than by selling the companies off. The goal is a 6% dividend payout per annum. Another aim is to keep and develop the associate companies over a long period of time. The main target companies for Austria Holding are Austrian medium-sized business enterprises with a sound market position and promising development potentialities.
Interested associate companies are being thoroughly reviewed and only the ones that promise lasting development potentialities are then chosen.