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Belarus in Austria | Belarusians in Vienna | Bilateral Relations
Austria and Belarus - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
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Telekom Austria: Net Loss of € 253m
Revenues were down by 4.2%. The major impact was the last quarter with losses of € 322m.
February 23, 2012
Stepic Criticizes Rating Agencies Sharply
For Herbert Stepic, CEO of Raiffeisen Bank International (RBI), statements given by the U.S. rating agencies are “undifferentiated”.
February 20, 2012
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Massive Losses Expected for Telekom Austria
Loss expectations range from € 194.9m to € 238m. Sales are anticipated to decline by 4.4%.
February 17, 2012
Telekom Austria Expects Significantly Lower Profits
Application of hyperinflation accounting leads to an increase in equity of more than € 400m and an impairment of approximately € 300m in 2011.
January 24, 2012
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Siemens Austria: Order from Belarus
Siemens VAI Metals Technologies received a major order from the Belorussian steel producer Byelorussian Steelworks (BMZ),
December 17, 2011
Troubles at State Holding ÖIAG
The dividend policy at Telekom Austria is criticized fiercely. Moreover, the new core shareholders at Telekom and OMV cause fears of takeovers.
December 10, 2011
Telekom Austria: Write-Offs in Belarus
Due to the hyperinflation in Belarus, Telekom Austria´s write-offs could reach up to € 400m.
December 8, 2011
Telekom Austria: “Hyperinflation Accounting” Applicable in Belarus
The Austrian telecommunication group will have to make inflation adjustments for its local subsidiary Velcom.
December 8, 2011
Profit Decline for Telekom Austria
Group revenue decline and lower Group EBITDA comparable mainly driven by competition in Austria and FX devaluation in Belarus. In the third quarter, revenues and EBITDA were stable.
November 14, 2011
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CEE Economic Forum: Green Trends for Eastern Europe
In 2011, Forum Velden in Carinthia celebrates its 5th anniversary. Since its foundation in 2006, over 1.500 experts, top-managers and politicians from over 25 countries have participated in the Forum.
September 7, 2011
Telekom Austria Adjusts Guidance for Devaluation of Belarus Ruble
The Austrian telecommunication group incurred a net loss of € 59.2m in the first half of the year. Revenue expectations for the full year were reduced from € 4.6bn to € 4.5bn.
August 17, 2011
Austrian Companies Hit by Belarusian Crisis
RBI and Telekom Austria are evaluating the effects on their local subsidiaries. Exports to the country could drop by 30%.
May 27, 2011
BDI - BioEnergy Builds Biodiesel Plant in Belarus
The Styrian company expands its operations to Belarus. The order value amounts to € 10m.
December 6, 2010
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