Lenzing wants more money

1. October 2026, 10:30

The company Lenzing makes fibers. Fibers are small threads for clothes. The company needs 300 million euro. It pays new plans with the money. The company wants a new start.

Lenzing sells new shares for this. Shares are small parts of a company. These shares are very cheap now. People with old shares buy first. You get 9 new shares for 10 old shares. The time starts on 6 October.

Big owners help the company. These are the B&C Group and Suzano. The bank Oberbank buys new shares too. But the company cuts 2.000 jobs worldwide. The factory in Burgenland closes at the end of 2026.

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Definitions

Shares: A share is a small part of a company. You buy a share and own a small part of the company.
Fibers: Fibers are thin threads. People use them for clothes.

Locations

Burgenland: Burgenland is a region in the east of Austria.

Sources

Die Presse 1. October 2026, 08:57

Lenzing will sich über Kapitalerhöhung 300 Millionen Euro holen

Standard 1. October 2026, 08:04

Lenzing startet 300-Millionen-Euro-Kapitalerhöhung

VOL 1. October 2026, 08:35

Lenzing plant Kapitalerhöhung von 300 Mio. Euro

Kurier 1. October 2026, 09:02

Neuausrichtung kostet: Lenzing will sich über Kapitalerhöhung 300 Mio. Euro holen

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