2008 News
Sanitas acquired Polish company Homeofarm
Sanitas, the biggest Lithuanian drug maker, acquired 100% of shares in Polish ointment producer Homeofarm for PLN 10.9 mio. The transaction was executed between Sanitas’ subsidiary Jelfa and company Hand-Prod. Vienna Capital Partners acted as the exclusive investment banking advisor to Hand Prod.
23.12.2008  
VCP advises ORS on its acquisition of broadcasting operations in Bulgaria
BTC divests NURTS, its broadcasting operations to Oesterreichische Rundfunksender GmbH & Co KG, Austria

Sofia – Bulgarian Telecommunications Company AD, ("BTC"), (listed on the Bulgaria Stock Exchange), today announced that it has agreed to sell its broadcasting operation – National Unit Radio and TV Systems (“NURTS”), to Oesterreichische Rundfunksender GmbH & Co KG (“ORS”).
04.12.2008  
Banks Doing Fine So Far – Net Profit of Sector Increased by Nearly One-Third in First Nine Months
The four banks which have announced their financial results for the first nine months – i.e. OTP, K&H, Raiffeisen, FHB – must not complain as all of them have increased their net profits. With regards to profit after tax, even FHB Mortgage Bank has caused a surprise as its consolidated result of nearly HUF 5bn is almost 25% per cent than that in the basis period.
21.11.2008  
FHB Q3 profit rises 21pc on financial gains, lower costs
Budapest, November 14, 2008 (MTI-ECONEWS) – FHB Mortgage Bank's Q3 after-tax profit rose 21pc to HUF 1.6bn from the same period a year earlier, boosted by big financial gains and lower operating costs, the bank's consolidated IFRS report for the period reveals.
14.11.2008  
VCP to acquire 38 % in Czech toll operator Kapsch Telematic
Austrian financial investor VCP has entered into a share purchase transaction with UniCredit CAIB Czech Republic on acquiring a 38 % stake in the Czech toll operator Kapsch Telematic Services s.r.o. The remaining 62 % stake is owned by the Austrian Kapsch Telematic Services GmbH, a 74 %-subsidiary of the stock-exchange listed Kapsch TrafficCom AG. The transaction is conditional upon merger control approval.
06.11.2008  
Vienna Capital Partners sells stake in Serbian newspapers
Vienna Capital Partners has sold its 25.1% stake in the Belgrade based publishing house issuing Blic, 24sata and Alo! to the Swiss majority owner Ringier. “For a very attractive price” VCP-Partner Gabriel Dielacher told “Der Standard”. The financial crisis has lead to “a redistribution of assets and resources”. VCP is currently looking for new investment opportunities in central Europe, including Austria.
30.10.2008  
VCP supports NESsT (“Nonprofit Enterprise and Self-sustainability Team”)
Private equity industry sets fundraising record for philanthropy in Central & Eastern Europe: Over 20 CEE private equity professionals, firms and their advisors have committed nearly €300,000 to the 2008 Private Equity Shares Campaign to benefit the work of international charity NESsT in supporting social enterprises across the region
09.10.2008  
Ten Years of VCP
In order to mark the ten year anniversary of the foundation of Vienna Capital Partners, Heinrich Pecina and his partners invited VCP’s “Family, Friends and Followers” to a celebration in the “Kursalon Hübner” in Vienna.

28.09.2008  
BorsodChem among the leading companies in CEE
In the Financial Times’s first ranking of the top 500 leading companies in Central and Eastern Europe, BorsodChem is ranked # 158 with revenues of € 1,033 million and net revenues of € 21 million in 2007. The CEE Top 500 ranking was published on 11 September 2008 and was compiled by Deloitte.
18.09.2008  
FHB H1 profits rise 24pc even as interest income falls
Budapest, August 8, 2008 - FHB Bank's first-half consolidated after-tax profit rose 24pc to HUF 3.5bn from the same period a year earlier, the bank said in its H1 IFRS report published late Thursday. Though net interest income inched down, profit was boosted by higher revenue from commissions and fees, forex gains and a jump in "other operating income".
08.08.2008  
FHB is on the right track
FHB reported a pre-tax profit of HUF 4.9 bn for the first half of 2008 which is 34.8% higher than in the same period last year. Average net interest margin declined by 38 base points from 3.07% to 2.69% in the period under survey.
08.08.2008  
Bourse publishes quarterly "liquid shares" list
Budapest, July 15, 2008 - Shares of OTP Bank,oil and gas company MOL, drug maker Richter, Magyar Telekom, pharma company Egis, automotive industry supplier Raba and the bank FHB, have been included on the latest quarterly list of "liquid shares" that may account for a bigger share of investment fund portfolios, the Budapest Stock Exchange announced on Tuesday.
15.07.2008  
Borsodchem increases production
Chemicals company Borsodchem Zrt launched construction of a new steam furnace on Friday in Kazincbarcika in cooperation with the investor, Sinergy Kft, a subsidiary of ÉMÁSZ Nyrt and ELMŰ Nyrt.
23.06.2008  
Constantia Duropack becomes the single largest shareholder in Croatia-based Belisce d.d.
Duropack AG acquired a 20% equity investment in Belisce d.d. as part of a block sale
by the International Finance Corporation (IFC), a member of the World Bank and longtime
financial partner of the Croatian company.
30.04.2008  
Private Equity continues to lead the way in CEE
Heinrich Pecina is the founder and managing director of one of the largest private equity (PE) funds in the region, Vienna Capital Partners AG, a company with a stellar record in direct investment and corporate financing in Central and Eastern Europe over the last two decades.

Together with Permira Funds, VCP was instrumental in the biggest PE deal in the region to date– the E850 million buy out and delisting from the Budapest Stock Exchange Zrt (BÉT) of Hungary’s BorsodChem. Pecina’s VCP is also active in all countries in the region, and is, he says, focused on both corporate finance advisory and selective direct investments in undervalued companies with high potential for growth.
17.04.2008  
VCP gets regulatory approval to acquire 10.33% voting right in FHB
Budapest, 15 April 2008 – VCP Capital Partners (“VCP”) hereby announces that yesterday VCP obtained an approval from the Hungarian Financial Supervisory Authority to acquire a 10.33% qualifying holding in FHB Jelzálogbank Nyrt (FHB). 
15.04.2008  
Vienna Capital Partners increases its media investment in Croatia
VCP increases its stake in NCL Media Grupa d.o.o. to 75%. The Group with its weekly “News” is market leader in free newspaper publishing and holds a leading position on the Croatian market, with the weekly magazine „Nacional“. Together with its managing director and previous majority shareholder, the Group will maintain its position as independent local publishing house.
The transaction was co-financed by the South-German publisher DDr. Axel Diekmann as a private investment.
08.04.2008  
Pecina: I share the interests of other FHB shareholders
Pecina expects the recent turbulence to prevail throughout the year and perhaps even in early 2009 in capital markets. After the crisis, he thinks the financial community would return to traditional prudent banking principles.
26.02.2008  
Vienna Capital Partners does not intend to acquire FHB
Vienna Capital Partners (VCP) Senior Partner Heinrich Pecina told the business daily Napi Gazdasag that VCP is a long-term investor in Hungarian mortgage bank FHB but has no intention to reach a share leading to a takeover bid.
26.02.2008  
Interview with Heinrich Pecina, major owner of FHB – I do not want to control FHB
Heinrich Pecina (see picture) is the most well-known Austrian private investor in Hungary. His company, Vienna Capital Partners has acquired sizeable stakes in Hungarian companies including BorsodChem and FHB, and he has completed several successful stock exchange deals. While investors are trying to get rid of banking shares worldwide, Pecina has recently increased its stake in FHB to 10%.
26.02.2008  
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