Annual Report 2007

July
Local supply
means quality of life
The “Land lebt auf” (Rural
Revival) project initiated by
Raiffeisenlandesbank Oberösterreich
to secure local supply
in communities in which the
supply of daily essentials is no
longer ensured, has been
greeted with great interest in
both Upper Austria and other
provinces. In 2007, the third
“Land lebt auf” local supplier
was opened in Kirchheim im
Innkreis after Rottenbach and
Breitenaich.
August
Multifunctional building
opened on Arenaplatz
An important cornerstone for
the Linz Capital of Culture
year in 2009 was laid back in
August 2007 with the opening
of a new multifunctional build -
ing on Linz’s Arenaplatz. As
Austria's strongest regional
bank, Raiffeisenlandesbank
Oberösterreich’s task was to
contribute to the implementation
of important future projects,
to secure added value
and jobs and to increase the
quality of life.
Annual Report 07
September
Customers benefit
from networking
In a highly specialised statistical
procedure, the best networked
Austrian managers were
identified by FAS.research.
For the second time, Ludwig
Scharinger, Chief Executive
and Chairman of the Managing
Board of Raiffeisenlandesbank
Ober -österreich,
took the top position
in this ranking. Above
all, it is customers who benefit
from the Raiffeisenlandesbank
Oberösterreich network.
October
Commitment
in Southern Russia
It’s not only the 2014 Olympic
Games in Sochi which will
bring numerous opportunities
for domestic companies in
the southern Russian region
of Krasnodar. Through cooperations
with local banks,
Raiffeisenlandesbank Oberösterreich
can also success -
fully support corporate cus -
tomers with their activities in
southern Russia.
November
Successful projects
With its real estate company,
Raiffeisenlandesbank Oberösterreich
is also ensuring
that local centres and districts
are revitalised and developed.
One exemplary project is the
erection of the terminal tower
in the Upper Austrian regional
capital of Linz with an investment
volume of EUR 55 million.
This 24-storey office
building will house inland
revenue and customs offices
as well as the Upper Austria
pension insurance institute in
2008. In November 2007, this
project won the DIVA real
estate award.
Loan from KfW
December
In 2007, the German “Kreditanstalt
für den Wiederaufbau”
(Reconstruction Loan Corporation)
approved a global loan
to Raiffeisenlandesbank Oberösterreich.
This ensured that
over the next seven years an
additional EUR 100 million would
be made available to local small
and medium-sized enterprises
at favourable conditions.
9
General Information