In a study conducted by the Vienna University of Economics of the 55 companies listed in the Vienna Stock Exchange’s ATX Prime Market, VA Tech was ranked as the most sustainable company in the industrial sector. Company performance was analyzed based on environmental products and processes as well as social responsibility.

Other award winners included Bank Austria Creditanstalt (Sector Financial Services) and Telekom Austria (Sector Other Services). Results of this study will now be used for the Vienna Stock Exchange’s new Sustainability Index, referred to as the EASEY X (Ecological and Social Efficiency Index), which is also supported by the VA Tech Group.

The Sarasin investment bank has raised VA Tech’s rating to above average in its latest Sustainability Research, which qualifies VA Tech for the bank’s sustainable public fund, ValueSar and OekoSar. VA Tech’s commitment to sustainability and climate protection was also recently underpinned with the Trigos business award of the Association of Corporate Social Responsibility Austria (CSR Austria) for a hydropower project in Bulgaria.

The VA Tech Group manages its own Sustainability Board, has signed the UN Global Compact and published its third sustainability report in 2004.

The listed VA Technologie AG (VA TECH) is a focused Technology and Service Company which provides value to customers over the entire plant life cycle. Leading international positions are held in Metallurgy, Power Generation, Transmission and Distribution and Infrastructure. In 2003, VA Tech achieved sales of EUR 3.9 m. according to IFRS with a workforce of 17,478 employees.