Read the latest headlines about financial transactions between Austrian and foreign parties, such as investments, important orders or M&A deals
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Austrian Company Deal News and Analysis

Croatia: Privatization of HPB Fails

The privatization of the Croat Postal Bank (HPB) has failed for the time being. For the potential buyers, HPB is too risky.

December 13, 2013

OTP Interested in MKB

Sandor Csanyi, CEO of the largest Hungrian lender OTP, considers taking over the rival MKB.

December 9, 2013

Sale of Hypo Group: Small Number of Potential Buyers

In 2014, Hypo Group´s assets will be sold. It is not certain whether there will be a bad bank or not. Even a bankruptcy is not completely excluded.

December 7, 2013

Poland: BGZ Bank Taken Over by BNP Paribas

Polish BGZ Bank will be taken over by French BNP Paribas for a selling price of around € 1bn.

December 5, 2013

Raiffeisen Bank International Negotiates with Alfa Bank

Vienna-listed RBI wants to leave Ukraine. RBI´s subsidiary Bank Aval may be sold to Alfa Bank.

November 30, 2013

Sberbank: Lawsuit Against VBAG

The largest Russian banking group has filed a lawsuit against Austrian VBAG at the International Court of Arbitration.

November 29, 2013

VIG and Bulgaria Are Causing Headache Each Other

The Austrian insurance group VIG has sold the Bulgarian pension fund to an unknown investor. Bulgaria´s government wants to reverse the sale.

November 21, 2013

PKO to Take over Nordea Bank Polska

The biggest Polish Bank PKO Bank Polski will submit an offer to the minority shareholder of Nordea Bank Polska

November 19, 2013

Triglav: No Expansion in Croatia

The biggest Slovenian insurance company planned to increase its stake in Croatia Osiguranje. Croatia´s government rejected Triglav´s offer.

November 11, 2013

BNP Shows Interest in Taking Over Polish BGZ

In the race for the Polish lender BGZ, the biggest French bank BNP Paribas enters the stage.

November 8, 2013

Bawag Faces Radical Job Cuts

The Austrian bank implements fierce austerity measures. About a fifth of the jobs may be cut.

November 5, 2013

BGZ: Santander Aims to Expand into Poland

In order to complete its local affiliate Bank Zachodni WBK, Spanish Santander intends to take over the Polish lender BGZ.

October 29, 2013

Hypo Group to Create Bad Bank

After months of considerations, the Austrian government will decide for the bad bank. The nationalized banking group will be a major burden for the state.

October 26, 2013

Hypo Group: Worst Expectations May be Exceeded

For the Austrian state, the ailing nationalized banking group may become a financial GSA. The legal dispute with the former owner BayernLB bears enormous dangers for Austria´s public finance.

October 25, 2013

VBAG to Downsize Radically

In order to become competitive again, the partly nationalized VBAG and the Volksbanken sector will cut its structure.

October 12, 2013

Erste Observes SEE Region Intensively

Vienna-listed Erste Group, which is the third-biggest lender in the CESEE region, wants to expand into Southeastern Europe.

October 11, 2013

Telekom Austria: No Expansion into Serbia

For Telekom Austria, the entry in Serbia fails for the second time. The Austrian telecommunication group will not submit an offer for Serbia Broadband (SBB).

October 10, 2013

Austrian Post: Enormous Growth Potential in Turkey

With a local partnership, the Vienna-listed Austrian Post wants to participate in the booming Turkish post market.

October 9, 2013

Hungarian MOL May Withdraw from Croatia

The Hungarian government considers selling MOL´s Croatian peer INA.

October 4, 2013

Pecik to Buy Hypo Group´s SEE-Affiliates?

The Austrian investor Ronny Pecik is said to be interested in acquiring the Southeast European subsidiaries of nationalized Hypo Group.

October 2, 2013

Slovenia: Telekom Austria Hesitates

The Vienna-listed Telekom Austria Group has two major growth opportunities in Slovenia. Slovenian Telekom and Telemach are for sale.

September 3, 2013

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

Telekom Austria Has Still Growth Plans in Serbia

According to market rumors, the Vienna-listed telecommunication group is interested in taking over Serbia Broadband.

August 17, 2013

Uniqa: Ambitious Growth Targets

The Austrian insurance group wants to put effort into selective growth. The CESEE region still has a remarkable substantial, CEO Brandstetter explains.

August 7, 2013

Romania: Another Major Privatization Ahead

Romania´s government intends to sell the publicly held share in the telecommunication group Romtelecom.

August 6, 2013

„CESEE Will Come Back“

Andreas Brandstetter, CEO of the Austrian insurance group Uniqa, thinks that Central and Eastern Europe will recover.

August 6, 2013

Investors Refrain from Slovenia

Volume and demand from investors remain low on the Slovenian capital market.

August 5, 2013

Immofinanz Prepares for BUWOG Sale

The Austrian real estate company plans a going-public for Buwog in 2014. Above all, Immofinanz wants to complete Buwog´s German portfolio.

August 3, 2013

Hypo Group: Current Capital Injection Not Enough

Klaus Liebscher, head of the supervisory board of the nationalized Austrian problem bank, thinks that the Ministry of Finance will have to inject further money.

July 23, 2013

Hypo Group Needs Even More Money

The nationalized Austrian bank needs fresh funds of more than € 700m. For the Austrian taxpayers, the banking package becomes more and more costly.

July 21, 2013

bwin.party: Application for Block Listing in London

Application for Block Listing to the UK Listing Authority and to the London Stock Exchange

April 19, 2013

CSA: Korean Air Gets In

The South Korean airline will take over the publicly held stake in the loss-making Czech carrier.

March 16, 2013

VBAG is Forced to Continue Radical Downsizing Measures

The partly nationalized and financially stricken Austrian banking group has to implement a painful restructuring concept. At the moment, VBAG sells its properties.

March 15, 2013

CSA: Korean Air as Only Bidder

The Korean airline company aims to take over the publicly held stake in Czech Airlines (CSA). Korean Air only offers € 2.64m.

March 7, 2013

Czech Airlines May be Taken Over by Korean Air

The Korean airline company aims to take over the publicly held stake in Czech Airlines.

March 5, 2013

VBAG: Major Losses in Romania

The Romanian subsidiary of Austrian VBAG suffers from non-performing loan. Last year proved to be again a difficult one for the Romanian banking system, Raiffeisen Research states.

February 21, 2013

LOT to be Privatized in 2013

LOT Polish Airlines faces a dramatic phase of restructuring. In order to saleable, the airline company will downsize radically.

February 19, 2013

T-Mobile Continues Fight Against Orange Takeover

After the takeover of “Orange” by Hutchison Austria, the situation of telecommunication sector has changed significantly. T-Mobile´s management thinks that the takeover is unlawful.

February 19, 2013

Sberbank Threatens to Sue VBAG

Last year, VBAG has sold VBI (Volksbank International) to Russian Sberbank. Now, Sberbank is highly dissatisfied with the performance of VBI.

February 19, 2013

“Sale of Kommunalkredit Will Take Some Time”

Ewald Nowotny, governor of Austrian National Bank, believes that the sale of the nationalized Austrian banking group will take some years.

February 18, 2013

Borealis to Acquire Outstanding Shares of TOTAL Affiliate GPN SA

Borealis, an Austrian provider of chemical and innovative plastics solutions, has made a firm offer to TOTAL to purchase all outstanding shares of GPN SA, France’s largest nitrogen fertilizer manufacturer.

February 7, 2013

OMV Sells Its Marketing Subsidiary in Croatia

With this transaction OMV Refining and Marketing has completed the next step in implementing the defined divestment program.

February 1, 2013

Bank Austria Centralizes Operations in Baltic Countries

The Austrian subsidiary of Italian UniCredit has shifted the units in Lithuania and Estonia to Latvia.

January 29, 2013

Austrian Federal Competition Authority Approves Verbund´s Deal in Turkey

The Austrian energy group Verbund sells its stake in the Turkish joint venture Enerjisa to German E.ON. In return, Verbund gets E.ON´s hydro power plans in Bavaria.

January 11, 2013

Generali to Expand into CESEE Region

The Italian insurance group wants to strengthen its market presence in central, east and southeast Europe. The minority stake in the Czech insurer PPF will be acquired.

January 8, 2013

Orange: Hundreds of Jobs Endangered

After the takeover of the Austrian telecommunication operator Orange by Hutchison, the management wants to take advantage of the synergies.

January 8, 2013 · Updated: January 8, 2013; 12:00

T-Mobile Fights Against Orange-Takeover

The second-biggest telecommunication operator in Austria wants to prevent the takeover of Orange by Hutchison.

January 2, 2013

New Hope for Nabucco

The gas pipeline project is said to get a new major shareholder. In case of the entry of the Shah Deniz II consortium, Nabucco´s utilization would be secured.

December 22, 2012

Hutchison Takes Over Orange

The Austrian subsidiary of the Hong Kong-based telecommunication group Hutchison Whampoa is now officially entitled to acquire its competitor Orange.

December 22, 2012