Julius Meinl V.
From Wikipedia, the free encyclopedia
Julius Meinl V. was born in 1959. His family owned Julius Meinl AG, a company holding a group of traditional supermarkets in Austria and other Central European countries, together with the "Meinl" coffee brand.
In 1983 Julius Meinl V. took over the management of the Meinl Bank, then a small private bank part of the Julius Meinl Group. In the early 1990s, under his leadership, the Julius Meinl Group reestablished food retail operations in Hungary, Czech Republic and Poland, where it had historically been present.
In 1998/99 Julius Meinl V implemented the divestiture of the food retailing assets of the Julius Meinl Group in Austria and Hungary, following which the group's activities became focused primarily on banking and finance operations. At this time, the activities of Meinl Bank were expanded, covering private and institutional asset management, private banking, and fund management. Meinl Bank became one of the leading Austrian private merchant and investment banks. In 2001, the subsidiary Meinl Capital Advisors AG was founded to provide corporate finance and investment banking advisory services to Governments and private clients.
In 1998 a Central and East European real estate company was launched, which was introduced to the Vienna Stock Exchange in 2002 under the name Meinl European Land. This was followed in 2007 by the placement on the Vienna Stock Exchange of specialized airport and energy investment funds: Meinl Airports International and Meinl International Power. The group's main area of activity is Central and Eastern Europe.
In 2007 after a controversial repurchase of certificates by Meinl European Land the name "Meinl" appeared in the Austrian media on a frequent basis. [1].
