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Czech Republic in Austria | Czechs in Vienna | Bilateral Relations
Austria and the Czech Republic - Read the latest headlines about bilateral relations in the areas of economy, diplomacy and culture
Upward Trend for CEE Insurance Stocks
CEE insurance stocks to get a boost from rising profits, cheap valuation and stronger investor demand.
February 10, 2011
Business Climate Improves in Eastern Europe
According to the Austrian Kontrollbank (OeKB), the Business Climate Index has risen in Eastern Europe for the seventh consecutive time.
February 9, 2011
Rising Bankruptcy Fears in Eastern Europe
The Austrian Creditor Protection Association “Creditreform” foresees a further rise in bankruptcies in Eastern Europe. The economic crisis is not over yet.
February 9, 2011
150 New Bank Austria Branches in Eastern Europe
The new board of the CEE Division of Bank Austria presented the group's expansion plans for Eastern Europe. By 2015, 900 branches are to be added.
February 9, 2011
Investments in Renewable Energies in the CEE are booming
According to a study by TPA Horwath, Austrian companies will expand massively their involvement in the field of renewable energies in the CEE region.
February 4, 2011
Vienna Insurance Group Shows 15% Increase in Profits
Significant plus of Group profit for the year (before taxes) by almost 15 percent to about € 505m. Increase of premiums written by 6.1 percent to € 8.7bn.
January 25, 2011
Strabag: Layoff Wave in the Czech Republic
Because of the weak order situation, the Austrian construction group dismisses up to 380 employees at the Czech location.
January 20, 2011
CEE Economic Growth Forecast: 3.8% in 2011
According to UniCredit, especially Turkey, Poland, Czech Republic and Estonia will bounce back impressively due to stronger industry and domestic demand.
January 13, 2011
CEE: Raiffeisen Remains Optimistic
The analysts of the Austrian Raiffeisen International Bank give Austria and the CEE good growth prospects. However, there still remain known risks.
January 12, 2011
Satisfaction at CEE Stock Exchange Group
The CEE Stock Exchange Group (CEESEG) looks back at a “busy and successful year 2010”.
January 5, 2011
CEE Stocks to Climb by 20% in 2011
Erste Group analysts recommend: stock picking rather than sector allocation. 2011 to be a positive year for equity investments.
January 5, 2011
Structural Change in Austrian Winter Tourism
Despite the current good bookings in Austrian winter tourism, the industry will have to reorient in the long term. Guests may fail to appear soon.
December 31, 2010
Austria's Labor Market Opens
As of May 1, 2011 the German and Austrian labor markets open for the new EU citizens. Romania and Bulgaria will follow suit in 2013.
December 30, 2010
Czech Railways Considers to Acquire ÖBB-Railjets
The Austrian Federal Railways doesn´t want to exercise its option to buy further Railjets from Siemens.
December 28, 2010
OeNB: Recovery of the Financial System in a Persistently Uncertain Environment
The OeNB considers that domestic banks benefit from the positive development in the CEE region. However, uncertainties stay on as before.
December 15, 2010
Joint Venture Between Swiss and Austrian Post
The Swiss and the Austrian Post have planned a joint venture to bundle international activities. The EU Commission has now issued its authorization.
December 1, 2010
Austria's Position in the CEE Region Shakes
According to the Roland Berger consultancy agency, Austria receives not only competition in the CEE countries, but the importance of the region also decreases from a global viewpoint.
December 1, 2010
Solid Growth inTrade Between Austria and the Czech Republic
Exports between the two countries rise by around 20%. Cooperation is to be extended also to research.
November 22, 2010
UniCredit: Expansion to the Czech Republic, Poland and Turkey
UniCredit’s subsidiary Bank Austria functions as an Eastern Europe Holding. 40% of the net income of the group comes from the region by now.
November 19, 2010
Warimpex Announces Results of Q1-Q3 2010
Upward trend continues in the third quarter of 2010: Sales up by 21 percent.
November 17, 2010
Immofinanz Expands into the Czech Republic and Slovakia
Immofinanz established a new retail concept: STOP.SHOP. has grown in both importance and size in recent years. The Czech Republic and Slovakia are the most important countries.
November 11, 2010
Erste Group: CEE Companies More Efficient than Western Counterparts
CEE companies are more efficient, more profitable and less indebted as Western companies. The German corporate sector is the only sector to compete with CEE companies.
November 10, 2010
Raiffeisen CEO Stepic: CEE Continues Being Europe’s Growth Driver
The boss of Raiffeisen Bank International Bank (RBI), Herbert Stepic, sees the CEE region continuing as long-term growth driver for Europe.
November 8, 2010
Wienerberger Plans Full Takeover of Semmelrock International
The purchase of the remaining 25% stake in Semmelrock International has been announced today. Wienerberger regards the acquisition as a “logical step”.
October 29, 2010
Coface CEE Top 500 - Poland Largest Number of Companies in CEE
Poland has the largest number of companies in the Central and Eastern Europe Top 500 with 28.4%. Hungary ranks second with 16.6%, overtaking the Czech Republic, which is home for 13.8% of the CEE Top 500.
October 12, 2010
Brokerjet intends to expand into Poland
The Austrian online broker Brokerjet, a subsidiary of ecetra Central European e-finance AG (ecetra means Erste Bank Central European Trading), a wholly-owned subsidiary of Erste Bank Group, is already active in the Czech Republic and Slovenia.
October 1, 2010
Raiffeisen Invests in New Branches in the Czech Republic
Raiffeisenbank a.s., the fifth largest bank in the Czech Republic, expands its network of branches in the neighboring country.
September 29, 2010
CEE Real Estate: Outlook is brightening
CEE real estate stocks are currently in a phase of brisk corporate action. Financially sound companies with attractive assets are interesting takeover targets, while other companies are being taken over.
September 27, 2010
CEE Banking Sector Report: Still More Credit Losses in the East
The number of bad loans is expected to increase considerably in some Eastern European countries, a Raiffeisen-analysis shows.
September 21, 2010
Strabag acquires property und facility management service provider in the Czech Republic
The acquisition of 100% of ECM Facility a.s., Prague garantes the number 5 position in property & facility management in the the Czech Republic.
September 20, 2010
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
Austria stays among the top three foreign investors of the Czech Republic
After the deep slump of the Austrian-Czech foreign trade during the crisis year 2009 by approximately 20%, things are going up steeply again.
September 13, 2010
XXXLutz takes over Slovenia's largest furniture retailer
The furniture store XXXLutz recently took over Slovenia’s largest furniture retailer Lesnina.
September 10, 2010
Horváth & Partners Study - CEE remains attractive
A new study of the Horváth & Partners Management Consultants studied the success factors for setting up the subsidiaries of production sites in CEE.
September 8, 2010
Raiffeisen Centrobank AG - Interim Financial Report released
Raiffeisen Centrobank made the biggest contribution to the result of the group with a profit after tax of EUR 14.401 mn.
August 31, 2010
Siemens - Major contract in the Czech Republic
Siemens to build a photovoltaic system for about €10m
July 8, 2010
Strabag to team up with Lafarage
Strabag boss Hans Peter Haselsteiner said today his company wanted to protect itself from volatile cement market prices as the firm is set to cooperate with the cement production’s world market leader.
May 26, 2010
Lafarge and Strabag to create a common company in cement in CEE
Lafarge, the world leader in building materials, and STRABAG, Central and Eastern Europe´s largest construction company, are combining their cement activities in several countries of Central Europe.
May 25, 2010
CEESEG - Institutional Investors’ Demand Increasing Again
The institutional investors’ demand for the companies listed on the member exchanges of CEESEG is growing again after the difficult market situation following the financial crisis.
May 19, 2010
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