"Athena Burgenland"

27 million euros: Beteiligungen AG takes stock

Governor Hans Peter Doskozil and Provincial Councillor Leonhard Schneemann at the press conference.(Bild: LMS)

The private consortium "Athena Burgenland" could save the well-known sparkling wine producer "A-Nobis". 

Athena Burgenland Beteiligungen AG - the state's venture capital fund - supports small and medium-sized enterprises with equity financing to help them start up, grow and restructure. In the previous year, 970 jobs were secured in this way. The capital invested amounted to 27 million euros. The resulting debt capital amounted to more than 132 million euros.

Five euros in debt capital
The portfolio companies, which include Lumitech and Austria Pet Food, were able to increase turnover to 179 million euros and profits to 32 million euros. "The Burgenland companies also benefit from the income generated. 1.1 million euros will be distributed as a dividend this year," explains Governor Doskozil.

Solution for A-Nobis?
The province is currently supporting 13 companies with venture capital. According to Doskozil, a solution is also in sight for Norbert Szigeti's A-Nobis sparkling wine cellar, which became insolvent in December despite the purchase of 200,000 bottles by the state: "A private consortium from Seewinkel could take over the business."