The concept of State holding company ÖBAG For a controversial reason.
Above all, ÖBAG boss Edith Hlavati wants the debate to be more objective – despite the ongoing election campaign. Because the Vamet sale ended a long time ago, and it should also be noted: “With your minority stake (13 %, Anm.), ÖBAG, which is not represented on the supervisory board, has no influence under the Stock Corporation Act on the decisions of majority owner Fresenius.” Also: “For the current sale of rehabilitation clinics to PAI to VAMED (French financial investor, note.) is neither an inducement nor a precondition for the acquisition of ÖBAG’s remaining share in Fresenius. A reversal doesn’t change anything.”
ÖBAG supervisory board chairman Günther Offner is also irritated by the ongoing debate, but especially by former ORF general and Rapid chairman Alexander Wrabetz. In a guest comment – KURIER reported – he sees Vamed as a “wake-up call for ÖBAG” and accuses the holding company of failing between the lines. Ofner reacts with harsh criticism.
Without interest and without inflation adjustments
The ÖBAG chief supervisor says that Vamed was completely sold off by the SPÖ-led government in 1996. According to Offner, Fresneus immediately took 77 percent of the shares in 1996, but was granted an “unconditional purchase right (call option) that could be exercised at any time” for the remaining shares. The purchase price in the event of post-exercise (ever) was fixed in 1996 as an unindexed and interest-free fixed sum.
Ofner says: “Today’s ÖBAG has not withdrawn from Vamed, nor has it “sold” anything, nor has it allowed itself to be “pushed out” as Wrabetz refers to it. There is also no possibility of influencing the purchase price already contractually agreed. As a fixed amount in 1996 .”
Review from Wrappets, but from State Governor Hans Peter Toskozil Or SPÖ leader Andreas Popler So it should be sent to your own address i.e. to the person at that time SPÖ President Franz Vranitsky And his later Finance Minister Victor Kilima.
Ofner indeed: “Wrabetz’s running shot goes into his own goal! The Vamed collapse is regrettable, responsibility for company and management errors rests exclusively with the company and owner Fresenius after privatization in 1996.”
In this respect, ÖBAG’s failure cannot be inferred from this, says Ofner. He says: “In view of the facts, it is very disingenuous to accuse ÖBAG of “standing idly by” today or to imagine an “ÖBAG crisis” and an urgent need for action.
