Upper Austria state holding

Upper Austria state holding
legal form	GmbH
founding	2005
Seat	Linz , Landhausplatz  1; Austria
management	Dieter Widera
Number of employees	1 (group approx.12,900)
Branch	Investment management and holding function
Website	www.landesholding.com

The Upper Austrian Holding GmbH is the company in which the investment management of the province of Upper Austria is organized.

history

In the course of the 2000s, a comprehensive reform was carried out in Upper Austria in line with the paradigm of a leaner state (lean government) . This was influenced by the nationalization , transparency and disclosure debate for the administration and company management ( corporate governance ), the demands of Upper Austria. State Audit Office  (LRH) for efficiency, the state's declaration of intent on impact orientation (WOV 2015/2021), and newly created tools such as group taxation to facilitate bookkeeping for groups of companies (Tax Reform Act 2005). As a result, the state holding company was founded in August 2005 to bring together "all current and future holdings of the State of Upper Austria". It was not a matter of privatizing the state companies, but a pure summary of what was previously held directly by the state.

Before the restructuring, the state held shares to varying degrees in 32 companies and cooperatives, some of which comprised institutions that had been established in the course of the state's history, some as a result of spin-offs into private-sector structures, and some as newly established institutions to fulfill the tasks of local authorities. The savings due to the lean shareholding structure of around 7 million euros within 5 years were estimated. To date (as of 2012) not all investments have been integrated into the state holding company ( see below ).

Duties and business charges

The company's goal is "Realization and use of existing synergy potentials in the area of ​​the holding companies of the Upper Austrian state holding among themselves as well as in relation to the state administration and to holdings or corporations of the state of Upper Austria directly held by the state of Upper Austria." A "consistent strategic orientation and the achievement of synergy effects" had the Court of Auditors warned in a 2006 report in view of the "complex construction".

At the same time, it serves as an implementation body and decision-making platform for political intentions and goals, as well as a monitoring and control instrument. In particular, the hierarchy of the holding company provides the political decision-makers with information on the economic situation in the country and thus ensures transparency and budget accuracy through the disclosure obligations under company law . Because the supervisory board is made up of government members, the latter can retain ultimate responsibility. The holding works “in the interest and on behalf of the country”. The rights of the Landtag remain undiminished. Transactions of the holding company and its subsidiary holdings will continue to be submitted to the state parliament for resolution if the value limits are exceeded (as provided for in company law).

organization

It is organized in the legal form of a limited liability company , with the Province of Upper Austria as the sole shareholder . It is a pure financial instrument without operational tasks and consists (formally) of one person, the appointed managing director .

The supervisory board of the state holding consists of the members of the Upper Austrian state government . One member of each of the Landtag parties that are not a member of Upper Austria. Provide state government, and the state finance director take part in an advisory capacity.

The holding company has around 12,900 employees (as of 2012), almost half of the total for the state (around 28,000 together).

Industry holdings

The state holding comprises four other industry holdings (each 100% owned) for the "common strategic alignment and positioning of companies in the same industry":

• OÖ Innovationsholding GmbH - innovation participations of the province of Upper Austria (founded 2011)
• OÖ Seilbahnholding GmbH - overall management of the tourism infrastructure (founded 2005)
• OÖ Thermenholding GmbH - umbrella brand of thermal baths (founded 2005)
• OÖ Verkehrsholding GmbH - Integration of all state holdings in transport services (founded in 2005)

Subsidiaries

The following are located under the state holding company (significant investments, direct or branch holdings, excluding great-grandchildren, as of 2011/12):

• Creative Region Linz & Upper Austria GmbH - funding institution for the creative industry (50% OÖ Innovationsholding, rest of the city of Linz)
• Dachstein Tourismus AG (DAG) - operates cable cars and lifts as well as restaurants in the Dachstein area, UNESCO World Heritage region; Headquarters Gosau (approx. 79% OÖ Seilbahnholding, remainder Bundesforste, Salinen Austria, Gosauer Seilbahnen)
• Education Group GmbH - innovation center in the fields of media, education, communication and information technology; ex education highway and BildungsMedienZentrum (100% OÖ Innovationsholding)
• Energie AG Oberösterreich - energy supplier of the state (52.5% and 0.1% state direct, the rest various)
• Ennshafen OÖ GmbH - operates the Danube port at the mouth of the Enns; Headquarters Enns (100%, 99% OÖ Verkehrsholding, 1% direct)
• EurothermenResorts - OÖ Thermenholding GmbH - operates three thermal baths; Head office Bad Schallerbach (100%, partly also direct shares in the individual companies)
• FH Upper Austria Management GmbH - manages the 4 university locations (98% Upper Austria innovation holding, the rest the local communities)
• Flughafen Linz GesmbH - blue danube airport linz - operator of Linz Airport (50% OÖ Verkehrsholding, 50% City of Linz)
• HYPO Oberösterreich - Landesbank Oberösterreichs (50.57%, remainder Hypo Holding: Generali / Raika / Mutual)
• Kepler Universitätsklinikum GmbH - General Hospital of the City of Linz (AKh Linz), the State Women's and Children's Clinic (LFKK) and the State Psychiatric Clinic Wagner-Jauregg (LNK WJ) - (74.1% direct, 25.1% City of Linz )
• Landes-Immobilien GmbH (LIG) - real estate rental and management (100%)
• LAWOG Gemeinnützige Landeswohnungsgenossenschaft for Upper Austria - non-profit housing cooperative , construction of old people's homes, kindergartens, hospitals etc. (approx. ½ of the shares, the rest over 200 Upper Austrian municipalities)
• Nationalpark OÖ Kalkalpen GmbH - Administrator of the National Park, seat Molln (50%, other half Republic of Austria)
• OÖ Verkehrsverbund - Organizations GmbH Nfg. & Co KG (OÖVG) - operator of the state-wide transport association (100% OÖ Verkehrsholding / Landesholding)
• Oö. Boden- und Baustoffprüfstelle GmbH - competence center and technical office; Headquarters in Leonding (51%, remainder IBS of the fire prevention agency Upper Austria )
• Oö. Gesundheits- und Spitals -AG (spag) - carrier of the Upper Austria . State hospitals (100%)
• Upper Austria. Landes-Kultur GmbH - holder of various state museums
• Oö. Theater und Orchester GmbH - operator of the Landestheater Linz and Bruckner Orchester Linz (100%)
• Oö. Technologie- und Marketinggesellschaft mbH (TMG) - location and innovation agency of the state (56% Upper Austria innovation holding, remainder Chamber of Employees, Chamber of Commerce, Association of Industrialists, etc.)
• Regionalmanagement OÖ GmbH (RMOÖ) - instrument of regional development (OÖ innovation holding, over 400 municipalities, workers / salaried employees, economic and agricultural chambers, etc.)
• Traunsee Touristik GmbH Nfg. & Co KG - manages tourism infrastructure on the Traunsee; Headquarters Gmunden (100% Upper Austria Seilbahnholding / Landesholding)
• Upper Austrian Research GmbH - lead company for non-university, application-oriented research in Upper Austria (100% OÖ Innovationsholding)
• Fiber Service OÖ GmbH - Provision of broadband internet access in sparsely populated areas of Upper Austria (100% Upper Austria state holding)

See also

Participations of the state, not organized under the state holding:

• O.Ö. Energy saving association
• Upper Austria. Ferngas AG

literature

• Upper Austrian State Audit Office (Hrsg.): Initiative audit participation management of the state of Upper Austria . Report, LRH-100025 / 11-2006-Wa, Linz, November 2006 ( pdf , lrh-ooe.at); Follow-up examination of the state tourism organization . LRH-100025 / 18-2007-WA, Linz, June 2007 ( pdf , lrh-ooe.at).

Web links

• Website of the Upper Austrian State Holding

1. ↑ Website of the OÖ Innovationsholding
2. ↑ Website of the Upper Austrian Cable Car Holding
3. ↑ ^{a b} Website of OÖ Thermenholding - EurothermenResorts
4. ^ Website of OÖ Verkehrsholding
5. ^ Website of the Creative.Region Linz & Upper Austria
6. ↑ Dachstein Tourism website (www.dachstein.at)
7. ^ Website of the Education Group
8. ^ Website of Energie AG
9. ↑ Website of the Ennshafen Upper Austria
10. ^ Website of the FH Upper Austria
11. ^ Website of Flughafen Linz GesmbH
12. ↑ Website of HYPO Upper Austria
13. ^ Kepler University Hospital GmbH
14. ↑ Landes-Immobilien website
15. ↑ LAWOG website
16. ↑ Website of the Kalkalpen National Park
17. ^ Website of the Upper Austrian Transport Association
18. ^ Website of the Upper Austria. Soil and building material test center
19. ^ Website of the Upper Austria. Health and Hospital AG
20. ↑ Upper Austria. Theater und Orchester GmbH ( Memento of the original dated February 9, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , on the website of OÖ Landesholding 
21. ^ Website of the Upper Austria. Technology and marketing company
22. ^ Website of the Upper Austrian Regional Management
23. ^ Website of the Traunsee Touristik
24. ^ Website of Upper Austrian Research

Individual evidence

1. ↑ ^{a b c} company OÖ Landesholding GmbH . Commercial register data Creditreform / firmenabc.at
2. ↑ ^{a b} organs of OÖ Landesholding  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. : Supervisory board, managing director, authorized signatory   , landesholding.com (pdf; 11 kB)
3. ↑ ^{a b c} Landesholding ( Memento of the original from February 9, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (about us), OÖ Landesholding  
4. ↑ ^{a b} lit. Report of the Court of Auditors, own- initiative review , investment management , section Starting position. P. 8 f.
5. ↑ for example in the initiative examination of the participation strategy of the state of Upper Austria in the cable car sector . November 4, 2003.
6. ↑ The long-term management and corporate concept of the Province of Upper Austria for an impact-oriented administration ; cf.
   Paul Gruber, Gerold Kaltenbrunner, Eduard Pesendorfer: WOV 2021 - concept, achievements, outlook . ( land-oberoesterreich.gv.at [PDF]). www.land-oberoesterreich.gv.at ( Memento of the original from January 28, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Eduard Pesendorfer: Effect-oriented use of resources in the province of Upper Austria . ( land-oberoesterreich.gv.at [PDF]). www.land-oberoesterreich.gv.at ( Memento of the original from January 28, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  
    
7. ↑ See, for example, items to be negotiated: Appendix 646/2005: Submission by the Upper Austrian provincial government regarding the authorization to bring in all state holdings with the exception of the shares in Energie AG in an OÖ Landesholding GmbH or in three industry holdings. and Supplement 647/2005: Submission of the Upper Austrian provincial government regarding the authorization to bring Energie AG Oberösterreich into OÖ Landesholding GmbH. In: 21st session of the Upper Austrian Parliament, XXVI. Legislative session, Monday September 12, 2005. Short report. ( pdf , land-oberoesterreich.gv.at).
8. ↑ ^{a b c d e f g} Press conference with Governor Dr. Josef Pühringer and club chairman Gunther Trübswasser on June 28, 2005 on the topic of “Oö. Land holding " . Press release. In: Office of the Upper Austrian Provincial Government, Media Service (Hrsg.): Landeskorrespondenz . Media info. No.  148 . Linz June 28, 2005 ( online , land-oberoesterreich.gv.at [accessed on February 7, 2013] Quotations ibid. Without naming the author).
9. ↑ Lit. Report of the Court of Auditors, own- initiative review , investment management , section short version , point (2), p. 6.
10. ↑ Lit. Report of the Court of Auditors, own- initiative review , investment management , section short version , point (4), p. 6.
11. ↑ Lit. Report of the Court of Auditors, initiative review , investment management , section range of tasks of the holding. P. 14 ff.
12. ↑ Lit. Report of the Court of Auditors, own- initiative audit, investment management , section on budget transparency and political responsibility. P. 18 ff.
13. ↑ Companies ( Memento of the original from March 5, 2011 in the Internet Archive ) Info: The  archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , landesholding.com;
    Participation structure 2011  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.   , Organizational chart, landesholding.com (pdf, accessed February 4, 2013; 261 kB)
14. ^ Organized as a cooperative in shares, Province of Upper Austria approx. 170,000 shares
15. ^ Court of Auditors (ed.): LAWOG, non-profit state housing cooperative for Upper Austria, registered cooperative with limited liability; Follow-up review. In: Report of the Court of Auditors. OBERÖSTERREICH series 2009/11, RH GZ 001.504 / 248-S3-1 / 09, Vienna, November 2009 ( pdf , land-oberoesterreich.gv.at)
16. ^ Upper Austrian Provincial Museum: Home. Retrieved May 27, 2020 . 
17. ^ Company Upper Austria. Theater and Orchestra GmbH . Commercial register data Creditreform / firmenabc.at
18. ↑ Austrian Commercial Register: No. 469215y
19. ^ Companies AZ of the WKO. Austrian Chamber of Commerce, May 19, 2017, accessed on May 19, 2017 (German). 
20. ↑ Partner ( Memento of the original from June 6, 2012 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. , landesholding.com 

Coordinates: 48 ° 18 ′ 14.2 "  N , 14 ° 17 ′ 5.4"  E