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Vienna International Company News
Read the latest headlines about developments in international organizations, companies and institutions operating in Vienna, Austria
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
Romania: BRD Shows Extensive Decrease Profits
Romania's second-largest bank BRD profit down by 84%.
May 7, 2013
OMV: Investments in Austria to Increase to € 450m
With extra investments OMV intends to improve the exploration of domestic production fields. However, there are currently losses in the gas business.
May 7, 2013
AMAG: Slight Decrease in Sales in Q1 2013
Sound earnings despite strong decline in aluminium price.
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
Magna Negates Downsizing
The Canadian-Austrian automotive component supplier Magna has rejects the alleged cut in workstaff in its plant in Graz.
May 6, 2013
Semeta Confident Austria and Luxembourg Stop Blocking
EU Tax Commissioner Algirdas Semeta does not expect any blocking by Austria for the loosening of the bank secret for foreigners and the transition to the automatic exchange of information.
May 6, 2013
Real Estate Industry: Major Losses for Properties In CESEE
According to Manfred Wiltschnigg, CEO of Austrian Real Estate Agency Immofinanz until the end of March, investments in Poland are becoming more risky.
May 6, 2013
EU: Hungary and Slovenia Have to Act Quickly
The European Union issued warnings to Slovenia and Hungary to move quickly.
May 6, 2013
30th Financial Conference - Where are we and where are we headed?
Slovenia will witness further privatisation in 2013
May 6, 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
Magna: Workstaff in Europe to be Reduced
According to CEO Walker the factory in Graz needs to become more efficient.
May 6, 2013
Slovenia: South Stream Gas Pipeline Project to Get National Priority Status?
Russia urges Slovenia to give the South Stream gas pipeline project national priority status.
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
Croatia: Pushing Ahead With Croatia Airlines Restructuring
Despite of protests of employees restructuring measures will be continued.
May 3, 2013
Success for Slovenian Bonds at US Market
Slovenia was able to gain some of the required funds for the restructuring of its banking sector through the US bond market.
May 3, 2013
Austria: Commission Wants Roadmap to Hypo’s Future
The EU Commission wants the Austrian government to announce the next steps for Hypo Group until the end of this month.
May 2, 2013
Croatia Airlines To Cancel Flights After Staff Went On Sick Leave
Croatia Airlines had to cancel 13 flights on May 1, after 25% of the airlines staff went on a sick leave, in what the heads of the airline consider a protest against changes to employment conditions.
May 2, 2013
CESEE: Business Climate Index Dropped in April
Enterprises in CESEE countries remain cautious for the most part.
May 2, 2013
RHI: US Proceedings Completed
Chapter 11 proceedings of the US companies deconsolidated in 2001 completed
May 2, 2013
Austria: EVN Results Expected to Be Below Estimates
EVN specifies expected consolidated Group net profit as of 09/30/2013
May 2, 2013
Sberbank: New Head of SME Business
Sberbank Europe AG appointed Csongor Németh as new Head of SME business
May 2, 2013
Germany: Upgrade and Expansion at Zumtobel Plant in Usingen
Lighting manufacturer invests 1.2 million euros in energy concept and factory hall expansion. Annual energy savings of approx. 25 per cent. EU Green Building certification applied for.
May 2, 2013
Romania: US Chevron to Explore for Shale Gas
Chevron gets green light for exploration of shale gas in Dobrogea blocks.
May 2, 2013
Verbund: Result Decreased Significantly by 40.3 %
Negative Earning Trend for Quarter 1/2013 in a difficult energy and general economic environment.
May 2, 2013
Austrian Airlines: Worse Results Than Expected
Results of the first quarter of 2013: Austrian Airlines improves earnings by EUR 11 million only.
May 2, 2013
Hypo Group to Get a Bad Bank?
Chancellor Faymann confirmed negotiations about the establishing of a bad bank for non-performing loans.
April 30, 2013
Lopatka: „Poland Important Economic Partner and Ally of Austria in EU“
Austrian State Secretary encourages bilateral relations and trade between the two Central European countries as well as improved relations between EU and US.
April 30, 2013
Joint Energy Diversification Plans for Ukraine and EU
Ukraine and EU share Energy Diversification Plans - Energy Community Official.
April 30, 2013
Romania: OMV Petrom, Exxon And Transgaz To Team Up
According to Romanian officials, OMV Petrom, Exxon and Transgaz might partner to transport the Black Sea gas onshore.
April 30, 2013
Erste Group Finalizes Selling Of Ukrainian Subsidiary
Erste Group finalizes the sale of Erste Bank Ukraine.
April 30, 2013
Austria: Government Shows Unanimity About Banking Secret
Fekter criticized Social Democrats.
April 30, 2013
Cyprus: Parliament to Vote on Bail-Out Package Today
Narrow majority of MPs expected to vote in favor.
April 30, 2013
Asmussen: “New Eurozone Members Will Reap Benefits of Initial Phase”
CEEs and The Crisis: Current Challenges and Benefits
April 30, 2013
2013 IIF Annual Meeting of Central and East European Bank Chief Executives
The 2013 Annual Meeting of Central and Eastern European Bank Chief Executives, hosted by Deutsche Bank AG, will take place on April 28-30 at Deutsche Bank’s office in Berlin.
April 29, 2013
Selling of Hypo Group Would Cost Austria Dearly
The selling of Hypo Group would cost the Austrian state around € 16bn.
April 29, 2013
„Slovenia Can Manage On Its Own“
In an interview with Austrian newspaper Kurier, President of the Slovenian Bankers Association France Arhar stresses that Slovenia is not the new Cyprus.
April 29, 2013
Immofinanz Share Soon to Be Listed in Warsaw
The Immofinanz share will in all probability be listed in the Main Market of the Warsaw Stock Exchange starting on 7 May 2013.
April 29, 2013
EU Ready to Adopt Measures Over CEZ in Bulgaria
Van Rompuy promised to take actions during his visit in Prague.
April 29, 2013
Kapsch TrafficCom Lands Important Contract in Poland
Kapsch wins another important railway communications contract in Poland
April 29, 2013
Voestalpine: Compensations for Deutsche Bahn
Deutsche Bahn (DB) is to receive compensations by Austrian steel manufacturer voestalpine.
April 29, 2013
Austria: Solution for Bank Secret Issue Until May 22
After the recent turbulances within the Austrian government coalition, Chancellor Werner Faymann hopes to find an agreement with the EU concerning the bank secret until May 22.
April 29, 2013
Erste Group: Significant Decrease in Net Profits in Q1 2013
Erste Group posts net profit of EUR 176.2 million in Q1 2013 (Q1 2012 net profit of EUR 346.5 million); risk costs decline.
April 29, 2013
Kapsch TrafficCom Last Bidder for Major Project in Slovenia
Austrian listed electronic toll system provider Kapsch is the only bidder for the establishing of an electronic toll system for trucks in Slovenia.
April 26, 2013
Van Rompuy Encourages Romania to Become Eurozone Member
During his one-day visit to the Romanian capital, President of the European Council Van Rompuy noted Romania’s progress and stressed the importance of a banking union within the Eurozone.
April 26, 2013
Foreign Enterprises Complain About Romanian Policy Making.
Regulations in energy sector were changed overnight.
April 26, 2013
Verbund AG: Closing of The Asset Swap With E.ON
Verbund, Austria’s leading electricity company, and E.ON, one of the world’s largest energy providers, finalised the asset swap that was signed on 3 December 2012.
April 26, 2013
US: Kapsch TrafficCom Opens TDM Protocol
Kapsch and E-ZPass® Group paves the way for nationwide electronic tolling interoperability
April 26, 2013
Alpine and Porr to Be Compensated by Serbia
The Austrian construction companies Alpine and Porr claim € 71m from Serbia before the court of arbitration due to a flopped major project for the building of a highway.
April 26, 2013
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