Vienna's Foreign and Bilateral Relations

Read the latest headlines about bilateral relations in the areas of economy, business, diplomacy, culture and tourism between Austria and its partners

Strabag: Doubts About Joint Venture in Russia

The Austrian Construction Company Strabag doubts that a joint venture in Russia will take place.

June 10, 2013

Hypo Group: Fekter Under Pressure

Finance Minister Fekter is put under pressure by Austrian Green Party to establish a bad bank for Hypo Group.

June 10, 2013

Ukraine: Epic to Sell Ukrtelekom

Viennese financial investor Epic plans to sell the Ukrainian telecom provider Ukrtelekom. Oligarch Akhmetov will take over 92.8 percent of Epic.

June 6, 2013

Turkey: More Than 4,000 Injured

Three persons have now lost their lives in the protests. 43 persons are in critical conditions. Erdogan announced to keep to the controversial project.

June 6, 2013

Poland: Base Rate Down to Record Low

Poland’s Monetary Council has cut the base rate to 2.75 percent.

June 6, 2013

Austria: Liebscher as Chairman of Hypo Group’s Supervisory Board

Liebscher is to take over Ditz’ position after the meeting of bodies on June 21.

June 5, 2013

ILO: Risk for Potential Social Unrest in EU

The European Union is prone to social unrest accorking to most recent World of Work Report.

June 4, 2013

Austria: Finance Ministry Regrets Ditz’ Withdrawal

Johannes Ditz, chairman of Hypo Group’s suvervisory board, announced his withdrawal yesterday.

June 4, 2013

Turkey: Protests Claimed Life of At Least One Person

According to the medical association at least one protestor was killed in Istanbul. Despite of unequaled violence by the police protests against Prime Minister Erdogan will not break down.

June 3, 2013

Austria: Unemployment Rose By 9.5 Percent

In total, 330,309 persons were looking for a job in May. Austria still has the lowest unemployment rate within the European Union.

June 3, 2013

Hypo: Ditz to Resign

Chairman of Hypo Group’s supervising board Johannes Ditz might soon resign, according to media reports.

June 3, 2013

Zagreb: In-depth Analysis of SEE Infrastructure Development Plans

Many countries of Southeast Europe are outlining ambitious infrastructure development plans within transport, social, energy and environmental projects.

June 1, 2013

Erste Group Claimed of Being Interested in Croatian Banks

There are rumors of the taking over of Hypo Croatia and HPB. However, the banks deny the speculations.

May 29, 2013

Austria: Fekter Signed OECD’s Multilateral Assistence Agreement in Tax Matters

Fekter described the signing as a “further important step in the fight against tax evasion and tax fraud”.

May 29, 2013

Capital Inflow & Outflow In Hungary Broke Records Last Year

Last year, the amount of foreign direct investments totalled EUR 10.462bn in Hungary, which exceeds the previous year’s figure by EUR 6.7bn and which is the largest amount ever recorded.

May 28, 2013

Poland: Immofinanz Group Sells Silesia City Center

Large property in Eastern Europe to be sold.

May 28, 2013

Kapsch Completes Successful Trial of EETS In Poland

Landmark moment for harmonization of European road networks.

May 27, 2013

Russia As Big Disappointment for Strabag-CEO

Austrian construction company Strabag has hoped to have gained substantial foodhold in the Russian market by now.

May 27, 2013

FCC Wants Guggenheim Partners As Financial Ally

With debts having amounted to more than € 8bn, Spanish parent company of Alpine is now looking for potential financial partners.

May 24, 2013

Atrium European Real Estate Limited / Quarterly Report

Atrium European Real Estate Limited / Quarterly Report

May 24, 2013

Atrium European Real Estate Limited / FIRST QUARTER 2013 RESULTS SHOW RESILIENT GROWTH AND INCREASED OPERATIONAL PROFITABILITY

Atrium European Real Estate Limited / FIRST QUARTER 2013 RESULTS SHOW RESILIENT GROWTH AND INCREASED OPERATIONAL PROFITABILITY

May 24, 2013

Nowotny: Decision About Bad Bank for Hypo Not Essential Right Now

The Governor of Austrian’s National Bank confirms that the result for the ailing Hypo Group will not be “good” due to the losses that have amounted over the past years.

May 23, 2013

Poland: Hold on Tax to Attract Investors

Hydrocarbons tax on hold till 2020 to enhance investments in shale gas.

May 23, 2013

Atrium European Real Estate Limited / Result of AGM

Atrium European Real Estate Limited / Result of AGM

May 23, 2013

IMF Recommends Czech Government to Reduce Budget Cuts

With worse-than-expected current economic circumstances the IMF recommends the Czech Republic to moderate budget cuts.

May 22, 2013

Raiffeisen Centrobank to Join Prague Stock Exchange

Raiffeisen Centrobank joins the Prague Stock Exchange as trading member.

May 22, 2013

Polish Government Passes Job Protection Law

On Tuesday, the Polish government adopted the Labor Minister's document on measures directed to protect employees and businesses during economic downturn, the government press office said.

May 22, 2013

Immofinanz: First Office Project in Warsaw

Immofinanz Group lays foundation stone for the Nimbus office building in Warsaw

May 22, 2013

Austria: Three Major Banks Have Made Their „Last Will“

Three Austrian banks have already made their „testament“. Erste Group, Raiffeisen and Bank Austria have presented plans for a possible restructuring. The plans are part of the future bank insolvency law.

May 22, 2013

Croatia: Plans For Croatian Airlines’ Bankruptcy

The Croatian government has started planning in case of its national carrier declaring bankruptcy.

May 21, 2013

Austria: Fekter’s Ambition to „Steer Hypo Group Into Safe Waters“

In the margin of the Council of Ministers, Finance Minister Maria Fekter announced that Austria will hand in the new restructuring plan for Hypo Alpe Adria Group to the EU Commission in the coming days.

May 21, 2013

Austria: New Bidder for Hypo Group

Apart from Indian Srei Group, a new interested party has entered the match for the ailing banking institute.

May 16, 2013

Turmoil At Croatian Airlines

Employees of the carrier have been on strike for the third day in a row. Numerous flights, including air travels to Austria, had to be cancelled.

May 16, 2013

Austrian Government Desperate to Sell Hypo Group

Without an agreement for a new plan and without more time for the selling of the Eastern affiliates, the crisis-struck banking institute Hypo Alpe Adria Group will not be able to make up the balances anymore, according to Austrian newspaper Presse.

May 16, 2013

Alpine: Dispute in Poland About to Escalate

A dispute about the construction of a bridge has intensified. The construction company Alpine has withdrawn from the contract for the building of a highway segment in Poland.

May 15, 2013

Austria: EU Competition Authority to Search Agrana

The European competition authority has paid a visit to listed starch and sugar producer Agrana in April.

May 15, 2013

Atrium European Real Estate Limited - Notice of First Quarter Results 2013

Atrium European Real Estate Limited - Notice of First Quarter Results 2013

May 15, 2013

Strabag Subsidiary to Build Motorway in Poland

Strabag subsidiary building A4 motorway in Poland

May 14, 2013

Poland: LOT Ready To Be Privatized

A new law passed on Friday makes it possible to privatize Polish carrier LOT.

May 14, 2013

Austria: Domestic Banks Reject Taking Over Hypo Group

The task force, appointed for Hypo Alpe Adria Group by the government, held a meeting again today. It is only two more weeks until the suggestions have to be presented to Brussels. Domestic banks reject participating in a bad bank.

May 13, 2013

Austria: Hypo Group Dilemma Requires Highest Form of Diplomancy

Before the deadline of handing in the new restructuring paper, talks with the top of EU Commission are supposed to take place with Austrian politicians.

May 10, 2013

Maria Fekter: Hot-Tempered Lady At the Fireplace

Raiffeisen Centralbank (RZB) organized a „fireplace chat“ with Finance Minister Maria Fekter which took place on May 7 in Vienna.

May 8, 2013

Austria: Task Force for Hypo Group

The Austrian government is going to establish a task force for the nationalized by force problem bank Hypo Alpe Adria Group.

May 8, 2013

Czech Republic: Extraordinary Income Boosts CEZ Results

Increase in net profits by 24 % results from revenues from the certificates and integrations.

May 8, 2013

EU Commission: Action Plan for Steel Industry in Europe

During his visit to Linz, EU Commissioner for Industry and Entrepreneurship Antonio Tajani announced measures for the steel industry in Europe.

May 7, 2013

Atrium European Real Estate Limited / Intention to hold AGM

Atrium European Real Estate Limited / Intention to hold AGM

May 7, 2013

Commission: European Economy to Stabilize in First Half of 2013

The economy is projected to return to growth in the second half of 2013. However, annual GDP is forecast to contract by 0.1% in the EU and 0.4% in the eurozone.

May 7, 2013

Immofinanz: Secondary Listing in Warsaw Starts Today

Today the first Immofinanz shares will be traded at the Warsaw stock exchange. CEO Eduard Zehetner will be giving a press conference in Poland’s capital.

May 7, 2013

Austria: Restructuring Plan for Hypo Group Threatened By Rejection

The restructuring plan of Austrian crisis-struck banking institute Hypo Group is threatened to be rejected by the EU Commission.

May 6, 2013

Istanbul to Receive € 22bn for World's Largest Airport

Today, a Turkish construction consortium has secured itself a record sum of around € 22bn for the contract of the construction of the world’s biggest airport in Istanbul.

May 3, 2013