Great honor for REIWAG and KOMWAG

Visit of Austrian Federal President Dr. Heinz Fischer

On Tuesday, April 12th, 2016, we had the great honor to welcome the Austrian President Dr. Heinz Fischer and his wife Margit during his state visit in Prague. The visit took place on the occasion of the 25th anniversary of REIWAG Facility Services s.r.o. and the 20th anniversary of KOMWAG a.s. .

Viktor Wagner, majority owner of KOMWAG and owner of REIWAG Facility Services Group, as well as REIWAG managing director Thomas Dittrich had the great honor to inform the Austrian President of the development of the REIWAG companies and the challenging work in the areas of Technical Facility Management, Property Management, Environmental Technology and Facility Services. Wagner: "The great interest of Dr. Fischer to the achievements of our company was exceeded only by his warmth towards all persons present."

Already in 1991, Viktor Wagner began with the expansion of his REIWAG Facility Services in the former Czechoslovakia. One called him "east pioneer". Wagner: „It was nice to see, how a formerly communist state developed to a blossoming business partner for Austria and for other countries.“ Thus, REIWAG Facility Services s.r.o. celebrates her 25th anniversary in the Czech Republic.

In 1996, Wagner founded KOMWAG a.s. (KOM for communal  – WAG for Wagner, PLC) as a joint-venture with the city of Prague, which celebrates her 20th anniversary this year. From a small enterprise with ancient machines in a ramshackle office house in Prague 2, originated a successful service enterprise which employs 275 people today and has nearly 100 vehicles in use. Recently, KOMWAG established a new office building which was financed to 90% of REIWAG Austria and to 10% from the cashflow of KOMWAG. Due to Wagner’s long-term orientation and strategy all enterprises of the REIWAG group fortunately are able to operate completely equity-financed.

We are very thankful for the visit of the Austrian Federal President, but also for the visit of a remarkable person, Dr. Heinz Fischer!