Österreichische Beteiligungs AG

Overview

Österreichische Beteiligungs AG (ÖBAG) is the sovereign wealth fund of the Republic of Austria, responsible for managing the state's investments in several key companies. Established in 2019, it oversees a diverse portfolio that includes significant holdings in sectors such as energy, telecommunications, postal services, real estate, gambling, and financial services. The fund's primary objective is to safeguard and enhance the value of these state-owned enterprises, ensuring they contribute positively to Austria's economy and society. The fund's investment strategy focuses on active and independent management of its holdings, aiming for long-term value creation. It emphasizes sustainability and corporate governance, supporting its portfolio companies in implementing ambitious sustainability strategies. ÖBAG's approach includes nominating qualified experts to supervisory boards, conducting impact analyses to assess the economic footprint of its investments, and establishing ESG monitoring systems to track and improve the sustainability performance of its portfolio. ÖBAG's portfolio comprises several prominent companies, including Österreichische Post AG, VERBUND AG, OMV AG, Telekom Austria AG, Bundesimmobiliengesellschaft (BIG), Casinos Austria AG, and APK Pensionskasse AG. These companies play significant roles in Austria's economy, providing essential services and contributing to employment and tax revenues. Through its strategic management and oversight, ÖBAG aims to strengthen Austria's economic position and ensure the sustainable development of its state-owned enterprises.

Investment Focus

• Sustainability
• Corporate Governance
• Long-term Value Creation

Portfolio Companies