Austria and Eastern European countries - Latest headlines about bilateral relations in the areas of economy, business, diplomacy, culture and tourism
Sponsored
Page 72/74

Eastern European Countries and Austria | Bilateral Relations

Bank Tax in Poland?

The Polish government is considering levying taxes on banks already in 2011. From the Austrian perspective, Raiffeisen Bank International would be affected.

January 5, 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

SW Umwelttechnik: New Orders Totalling € 6.5m

OMS, the engineering company of the Austrian SW Group, won contracts in Hungary and Romania valuing a total of € 6.5m.

January 5, 2011

Poor Outlook for Creditors of SkyEurope

The Austrian-Slovakian airline, which became insolvent in 2009, will only reach a quota of 16%.

January 4, 2011

Special Tax: Hungary Under Fire

Especially the Austrian economy criticizes the Hungarian special tax on large companies. The EU Commission has already started an investigation.

January 4, 2011

13 CEOs Call For Sanctions Against Hungary

Because of the new taxes introduced by the Hungarian government, a group of prominent European CEOs call for EU-sanctions.

January 2, 2011

VBI Romania is a Source of Worries for ÖVAG

Volksbank International (VBI) is to be sold by the Austrian Volksbanken Group. The Romanian subsidiary keeps the group from doing so.

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

Spindelegger: Turkey's Joining the EU Will Not Happen Before 2024

In an interview with the "Wirtschaftsblatt", the Austrian Foreign Minister stresses the relevance of Turkey. Croatia should come into the EU much earlier EU.

December 29, 2010

Italian Support for Nabucco

The Italian power company Edison cooperates with the Nabucco gas pipeline project. The aim is to create synergies.

December 28, 2010

Garage Operator Company List Expands to Hungary

The Vienna-based List Group, which acts as real estate company, acquired the Wipark Group in Hungary.

December 28, 2010

Sanader Remains in Extradition Custody

Custody prior to extradition was imposed on the former Croatian Prime Minister Sanader. He complains about the "arbitrariness of the Croatian authorities".

December 28, 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

Investigations Against Sanader Continue

The investigation of Austrian and Croatian authorities against the former Prime Minister of Croatia in the Hypo affair are being intensified. Many questions remain unanswered.

December 23, 2010

Telekom Srbija: Minimum Price € 1.4bn

The Serbian Ministry of Economy announced today the minimum price for the majority stake in Telekom Srjbija. Telekom Austria is an interested party.

December 23, 2010

Raiffeisen Negotiates over Polbank

The Austrian Raiffeisen Bank International (RBI) negotiates actively for the Polish Polbank.

December 23, 2010

Vienna Insurance Group Expands in Macedonia

Vienna Insurance Group granted life insurance licence in Macedonia. The project will be started with the Austrian bank Erste Group.

December 23, 2010

OMV Gas Project is Delayed

Austria's OMV is involved in a joint venture for a liquid gas project in Croatia. Delays are expected.

December 23, 2010

Hypo Group: Sanader Denies Payments of Commissions

The former Croatian Prime Minister Ivo Sanader, questioned in Salzburg, denies having ever received money from the Hypo Group.

December 22, 2010

New Markets for Red Bull and Rauch

The Austrian Food companies Rauch and Red Bull open new distribution networks through the Croatian Atlantic Group.

December 21, 2010

Austrian-Hungarian Know-How for Macedonia

The Hungarian and Austrian Stock Exchanges make their capital market know-how available to the Macedonian Stock Exchange.

December 21, 2010

New Project in Poland for Atrium

Atrium strengthens polish portfolio with € 168.5m acquisition of a shopping centre in Warsaw.

December 20, 2010

Accusations Against Sanader Grow Stronger

Many clues point to improper activities by former Croatian Prime Minister Ivo Sanader in connection with the Hypo Group.

December 16, 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

New Logistics Center for Gebrüder Weiss in Romania

The logistics company Gebrüder Weiss has entrusted the construction of a logistics center in Sibiu to the Unger Steel Group as general contractor again.

December 14, 2010

Contradictions about Sanader's Connection to Carinthia

The connection between the former Croatian Prime Minister Sanader and the Carinthian Hypo Group is multifaceted, but also full of contradictions.

December 14, 2010

The Croatia-Connection of the Hypo Group

The recent arrest of former Croatian Prime Minister Ivo Sanader casts shadows on the Carinthian Hypo Group.

December 10, 2010

OMV: Nabucco Underway as Planned

Austrian OMV considers that the gas pipeline project of European energy companies is developing according to plans.

December 10, 2010

Difficult Times for Austrian Investors in Zagreb

The plan of an Austrian group of investors to build the largest shopping center in Europe in the Croatian capital threatens to fail.

December 10, 2010

It is Official: Telekom Austria Bids in Serbia

What has only been suspected until now, is official: Telekom Austria bids against well-known competitors for the privatized part of Telekom Srbija.

December 10, 2010

Austrian Economic Chamber Supports Development of the Danube as a Transportation Route

Austrian Economic Chamber President Christoph Leitl supports the EU's Danube region strategy to expand infrastructure between the Danube countries.

December 10, 2010

A Las Vegas for Europe

On the Austria-Hungarian border, the European “EuroVegas” gaming metropolis is to be built for € 5.0bn.

December 8, 2010

Romania Sells Stake in Petrom

The state share in the Romanian Petrom, a subsidiary of the Austrian OMV, is to be reduced. OMV is interested.

December 7, 2010

Raiffeisen Bank International's direct bank Zuno launches in Slovakia

Zuno, which target Internet-focused customers, launches operations in Slovakia. Additional CEE countries will follow in 2011.

December 6, 2010

Vienna Insurance Group Expands in Albania

The Acquisition of Interalbanian by the biggest Austrian Insurance company is successfully completed.

December 6, 2010

Strabag Receives Major Project in Poland

Construction of new railway and bus station of Katowice operated by the Austrian building company Strabag.

December 2, 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

Kaufmann Group Builds for € 130 Million in Zagreb

The real estate Kaufmann group from Linz starts its second major project in the Croatian capital. The investment volume amounts to € 130 million.

November 30, 2010

bauMax Expands Further in Romania

On November 30, 2010 the Austrian DIY chain bauMax inaugurated its thirteenth Romanian market in Constanta.

November 30, 2010

Massive Lay Offs at Hypo Group

The still ailing Carinthian bank restructures the leasing division. 500 jobs are being cut.

November 30, 2010

Bank Austria: Growth Potential for Real Estate in Romania and Bulgaria

Despite the signs of economic revival, Bulgaria and Romania markets are still largely being ignored by international investors, says Bank Austria.

November 29, 2010

Vienna Insurance Group Takes a 100% Stake in TBIH

VIG now realizes an increased involvement in Turkey, Ukraine and Georgia.

November 26, 2010

Polbank: Intesa Bids, Raiffeisen Still in the Race

In the battle for the takeover of the Polish private bank Polbank, the Italian Intesa has already placed a bid. No comments are being made by Raiffeisen.

November 25, 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

OMV Sells 56 Gas Stations to PKN Orlen

56 gas stations in the German states of Thuringia and Saxony go to a subsidiary of the Polish oil group PKN Orlen.

November 19, 2010

Siemens Austria Participates in Construction of Zagreb’s Main Train Station

The consortium Siemens AG Österreich and Elektrokem d.o.o from Zagreb has been awarded the contract for the delivery of a modern electronic switch system

November 18, 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: Job Reduction in Hungary

The Austrian bank plans to cut 250 jobs in Hungary. Reasons are the bad loans and the introduction of the bank tax.

November 11, 2010