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
Poland: PKO BP to Acquire Polish Assets of Nordea
Bank PKO BP strikes deal to buy Nordea's Polish assets.
June 13, 2013
Turkey: Erdogan Considers Referendum
After international criticism was voiced for the use of tear gas by the Turkish police against tens of thousands of demonstrators, Prime Minister Recep Tayyip Erdogan raised the issue of a referendum.
June 13, 2013
Verbund Puts Wind Farms in Romania into Operation
One of the largest onshore wind farms of Europe with a 225 megawatt capacity near the Black Sea coast.
June 13, 2013
EU Commission to Support Steel Industry
EU Commissioner for Industry Antonio Tajani has presented the annouced steel action plan.
June 12, 2013
EU Abandons Quarterly Reports
Listed enterprises in the European Union do not have to present quarterly reports from 2015 on.
June 12, 2013
Half of Czech Republic’s Citizens Unsatisfied With Zeman
The Czechs are divided about the administration of President Milos Zeman.
June 12, 2013
Fekter: „Bad Bank for Hypo Not The Most Creative Solution“
The Austrian Greens affirm their demand for the establishing of a bad bank for the ailing Hypo Group and a respective bill.
June 12, 2013
Austria: Wienerberger Alarmed About Shrinking Residential Building
Building material group Wienerberger is alarmed about the declining figure in residential building even though the market is significantly undersupplied with affordable housing space.
June 12, 2013
Highwater Damages for VIG Up to € 45 Million
Austria’s biggest insurer estimates with net costs double the amount than in 2002.
June 11, 2013
Ukraine Leaps to Business Deregulation
One of the reform priorities for Ukraine in 2012 has become the deregulation of business activity.
June 11, 2013
Turkey: Police Force Attacks Protesters At Gezi Again
Turkish Prime Minister Recep Tayyip Erdogan seems ready for talks with representatives of the demonstrators, who will be received by him on Wednesday. However, earlier he has demonstrated inexorable hardness.
June 11, 2013
Fekter: The North Feeds The South
Finance Minister Fekter compares the situation in Europe with the economic circumstances in Italy.
June 11, 2013
Poland: Sale of Foreign Currencies to Stabilize Zloty
After lowest rate in one year, the Polish government had to take actions.
June 10, 2013
Siemens VAI to Modernize Ukrainian Steel Plant
The signing of a major contract in Ukraine for Upper-Austrian industrial plant construction company Siemens VAI is in its final steps.
June 10, 2013
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
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