Sponsored Content
Bosnia & Herzegovina in Vienna | Bosnians & Herzegovinians in Vienna
Austria and Bosnia & Herzegovina - Read the latest headlines about bilateral relations in the areas of economy, business, diplomacy, culture and tourism
EU Approves Hypo Group´s Restructuring Plan
The re-privatization of the Austrian publicly held banking group was approved by the Commission. According to the Commission´s report, Hypo Group´s expansion strategy was highly dangerous.
September 2, 2013
Hypo Group Considers IPO
The Austrian nationalized bank takes an IPO of its Eastern subsidiaries into account.
August 31, 2013
Raiffeisen Bank International AG - SWOT Analysis & Company Report
This report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.
August 8, 2013
Bosnia and Herzegovina Accelerates WTO Membership Negotiations.
Chairperson Major explains that Bosnia and Herzegovina has entered final lap of accession procedure.
June 10, 2013
Bosnia Under Pressure to Meet EU Accession Requirements
Bosnia is pressed to change legislation if it wants EU membership.
May 24, 2013
Bosnia, Serbia and Turkey to Sign Economic and Trade Agreement
Ministers for trade and economy from Ankara, Belgrade and Sarajevo agreed to improve economic relations in an effort to enhance shared trade.
May 15, 2013
Austria and Bosnia-Herzegovina to Commence Dialogues
Bosnia-Herzegovina shows interest in Austrian social partnership model and measures against increasing youth unemployment rate.
April 18, 2013
Commission Praises Croatia’s Progress
Croatia has fullfilled all criteria for the EU accession on July 1, 2013.
March 26, 2013
Austria: Number of Naturalisations Increases
7 107 persons acquired Austrian citizenship in 2012.
February 18, 2013
Hypo Group: Sale of Austrian Unit „at a Late Stage”
According to Hypo Group, the results of the Austrian unit for 2012 are “highly satisfying”.
February 16, 2013
Serbia: Dinkic Underlines Importance of South Stream Pipeline
The South Stream pipeline is a “national project” and of vital interest for Serbia, Minister of Economics Mladjan Dinkic says.
January 19, 2013
Croatia: One Step Closer to the EU
According to their own statements, the Croatian government has fulfilled eight out of ten tasks, which must be finalized until July 2013. However, Croatia´s economic problems are far from being solved.
January 15, 2013
WIFO: „Shut Down Hypo Group“
The Austrian Institute of Economic Research (WIFO) recommends closing the nationalized banking group. The number of banks is expected to shrink radically.
December 27, 2012
Hypo Group: Deadline Expires
Today, the first deadline for the sale of Hypo Group´s subsidiaries in Southeast-Europe expires.
December 7, 2012
OMV Sells Its Marketing Subsidiary in Bosnia-Herzegovina
With this move, OMV Refining & Marketing has completed the next step in implementing the defined divestment program that contributes to reduce the weighting of the Refining and Marketing division in the overall OMV portfolio.
November 30, 2012
Hypo Group: Cash Contributions Come at € 500m
The Austrian state has to inject another € 500m in the financially stricken nationalized bank. Furthermore, guarantees will increase by € 1.0bn.
November 14, 2012
Hypo Group Starts Selling Business in SEE
The nationalized Austrian banking group has to downsize drastically. Today, Hypo Group started to put the subsidiaries in Southeastern Europe for sale.
November 6, 2012
Croatia´s Fight Against the Recession: More Austerity and Increase in Exports
According to Paul Krugman, the development of Croatia´s economy depends on the performance of the export-oriented industry.
September 14, 2012
Kuwait Petroleum Interested in Croatian and Bosnian OMV Stations
OMV sells 91 petrol stations in Croatia and Bosnia. After the Croatian INA has announced to have submitted a binding offer, Kwait Petroleum shows interest.
September 14, 2012
INA Underlines Interest in OMV´s Petrol Stations
The Croatian oil group wants to take over the petrol station business of Austrian OMV in Croatia and Bosnia.
September 12, 2012
Croatian INA Submits Offer to OMV
Austrian OMV sells its petrol station business in Croatia and Bosnia. The Croatian subsidiary of Hungarian MOL has submitted a binding offer.
September 5, 2012
Croatian Labor Market Crisis Deteriorates
Not only the unemployment rate is increasing. Croatia has the third-highest youth unemployment rate in Europe.
August 29, 2012
Hypo Alpe-Adria-Bank in the Red Again
Today, the nationalized bank announced its half yearly result for 2012. Net Results reached € 10m.
August 13, 2012
OMV to Focus on Gas Business
The Austrian oil and gas company intends to exploit natural gas in proximity to Europe. The Black Sea and the North Sea are the strategically most important areas.
August 8, 2012
OMV: No Withdrawal from Germany
The Austrian oil company and petrol station operator will not sell the petrol station business in Germany. By contrast, the downsizing program in the SEE region and in the Czech Republic will be continued.
July 19, 2012
Southeastern Europe Faces Recession
According to the Vienna Institute for International Economic Studies (WIIW), Southeastern Europe is the weak point among European emerging countries.
July 7, 2012
Austria Remains One of the Biggest CESEE Investors
Austria is still an important net investor in Central, Eastern and Southeastern Europe. However, the global importance of the region did not increase.
July 6, 2012
Infineon to Invest € 250m in Austria
In 2012, Infineon Austria´s CEO Monika Kircher-Kohl wants to make investments of € 250m. The high tech company is already looking for new staff.
June 28, 2012
Real Estate Crisis in the Balkans Has Deepened
Due to the economic crisis in Southeastern Europe, real estate prices are still falling. Since 2008, prices fell by up to 50%.
June 28, 2012
OMV Negotiates Petrol Station Sale with Russian Zarubezhneft
The Austrian oil and gas group OMV intends to sell its petrol station network in Croatia and Bosnia. The Russian Zarubezhneft seems to be interested.
June 12, 2012
Downsizing: Hypo Group Aims to Achieve Proceeds of € 1.5bn
The nationalized Austrian banking group Hypo Group Alpe Adria starts its sales program in SEE countries and wants to achieve proceeds of € 1.5bn
May 21, 2012
Spindelegger Calls for “More Europe” for Bosnia and Herzegovina
Bosnia and Herzegovina must still do some homework in order to be able to apply for EU membership still this year, the Austrian Minister of Foreign Affairs says.
May 4, 2012
OMV´s Petrol Stations: Potential Buyers in Sight
The Austrian oil and gas company OMV plans to sell its petrol stations in Croatia and Bosnia. Local investors show interest.
April 17, 2012
Sberbank Upgrades VBI´s Headquarter in Vienna
After the acquisition of the Austrian VBI, the Russian bank wants to expand massively in Europe.
February 20, 2012
Hypo Group to Cut Jobs
The Austrian Hypo Group Alpe Adria continues its downsizing program. 800 employees will be laid-off.
February 1, 2012
3E Group Grows in Eastern Europe
The Austrian building material company´s revenues were up by 3.2% in 2011. Total sales reached € 546m.
January 30, 2012
Good Export Chances in SEE Region
The Austrian Chamber of Commerce regards South-Eastern Europe as growth region. Importance for the Austrian export industry is seen to increase.
January 28, 2012
OMV to Sell Petrol Stations in Croatia and Bosnia
The Russian oil company Zarubezhneft is interested in OMV´s Bosnian and Croatian petrol stations.
January 18, 2012
Uniqa Grows Quickly in Bosnia and Herzegovina
The insurance company’s premium volume increased by 14% in the first three quarters of the year.
December 16, 2011
Sale of Croatian OMV Petrol Stations Begins
OMV´s current market share in Croatia is 13%. Almost every major oil company in Europe shows interest.
December 9, 2011
Kelag to Invest € 70m in Bosnia-Herzegovina
The Carinthian energy provider signed a contract on the expansion of the hydro power infrastructure in Republika Srpska.
September 29, 2011
Vienna Insurance Group: Market entry in Bosnia-Herzegovina
The Vienna Insurance Group AG has signed a contract to acquire a majority stake in the insurer Jahorina Osiguranje AD Pale (Jahorina) in Bosnia-Herzegovina after successfully concluding due diligence.
September 13, 2011
Cineplexx Expands
The Austrian cinema operator intends to establish itself in Croatia. A location in the capital was already functioning, and two more have been added now.
April 12, 2011
Bosnia is a Promising Market for the Austrian Construction Industry
The Bosnian government invests in highway construction and energy: Austria is a top foreign investor in Bosnia-Herzegovina
March 16, 2011
Mixed Results for Investors in Bosnia
The outlook for 2011 is positive. Last year, however, was difficult for Austrian companies in Bosnia-Herzegovina.
February 25, 2011
CEE Companies in a Turmoil
According to a study by Deloitte, last year Eastern Europe’s top 500 companies showed a clear decline in sales.
September 14, 2010
Strabag loses job over €3b ($3,7b) in Bosnia
Strabag will terminate its order for a highway bypass in Bosnia. The project was not advertised, which is why the EBRD did not participate in the financing. The Austrian construction group Strabag is negotiating the resolution of a €3b motorway contra
July 5, 2010
Fast News Search
This category only
