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Pioneer Investments lowers stake in Austrian

(ADPnews) - Nov 3, 2009 - Pioneer Investments Austria GmbH reduced its stake in Austrian Internet video company Multimedia Dienstelistungs AG (WBAG:WFTV) to 4.41% from 7.68%, the latter said Tuesday. widened its net loss to EUR 405,590 (USD 594,558) for the first half of 2009, from EUR 162,760 a year earlier, the company said at the end of August. According to, the net loss was expected and represents "the last phase of its restructuring".

Pioneer Investments Austria GmbH is a fund manager owned by Italian UniCredit (BIT:UCG)

(EUR 1.0 = USD 1.466)

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Publication:ADP News Austria
Date:Nov 3, 2009
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