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France in Austria | French citizens in Vienna | Bilateral Relations
Austria and France - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
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La Redoute Leaves Austria

The French owner Redcats decided to close the Salzburg-located branch. The French group has to restructure.
December 8, 2011


Borealis to Acquire French Fertilizer Producer

The Austrian chemical company has made an offer to take over PEC-Rhin in its entirety.
November 25, 2011
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bet-at-home.com Continues Growth Course

Gross gaming revenue rose by 10.6% to € 53.23m. Group results declined drastically, however.
November 21, 2011


UBM Improves Results

The Austrian real estate development company presented a moderate rise in earnings. Sales remained stable.
November 12, 2011
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Immofinanz Opens New Shopping Center in Romania

Total cost of the Austrian real estate company’s project amounted to € 100m, including a co-investment by French retail chain Auchan.
October 27, 2011


Palmers to be Sold

The owner of the Austrian clothing company are looking for potential buyers. The French subsidiary Lejaby however, is not for sale.
October 25, 2011


UniCredit and Raiffeisen to Expand in Russia

The Italian and the Austrian banking groups will take over customers of the French BNP Paribas, which leaves the Russian market.
October 4, 2011


Andritz Acquires NSC Nonwoven, France and China

Austrian technology Group Andritz has signed a contract to acquire NSC Group’s nonwoven division encompassing its affiliates Asselin-Thibeau (Elbeuf, France) and NSC Wuxi (Wuxi, China).
September 21, 2011


SNCF Acquires Stake in Westbahn

The French national railway company participates with 26% in ÖBB’s new competitor. Operations start on 11 December.
August 24, 2011
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Atrium to Develop Hypermarket in Poland

The real estate company will develop a shopping center in the city of Lublin for the French retail chain Auchan.
August 10, 2011


Green Light for Strabag’s Cooperation with Lafarge

The Austrian construction company has wrapped up the acquisition of a 30% stake in the joint venture with the French building material supplier.
August 5, 2011


bwin.fr and sajoo.fr to Merge

The online gaming providers agreed to merge their French businesses. The companies have already been working together since 2008.
July 29, 2011


Verbund Reports Drop in Group Result and Sale of French Poweo

The Austrian electricity group suffered from extraordinarily weak water supply in the first six months of the year. The stake in French Poweo will be sold to competitor Direct Energie.
July 27, 2011


Verbund Sold Renewables Portfolio to Axa Private Equity

The Austrian electricity company disposed of Poweo’s renewable energy business as a step towards restructuring of its portfolio in France.
July 19, 2011
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Verbund: Speculations about Increase in Sorgenia Stake

The Austrian electricity company might sell its shares in Poweo and instead acquire its joint venture partner’s stake in Sorgenia.
July 1, 2011


Verbund to Restructure Its Portfolio

The Austrian electricity company is negotiating the sale of French Poweo. Eni and Enel are said to be interested in an acquisition.
June 27, 2011


Bilfinger Berger to Acquire Subsidiary of AE&E

The Czech subsidiary of the insolvent plant manufacturer will become part of the German construction group Bilfinger Berger.
June 20, 2011


Palmers on the Way Back to Black Figures

The Austrian lingerie group’s results are still negative due to the acquisition of Lejaby. An expansion of the Palmers brand is planned in Germany and CEE.
June 15, 2011


France Telecom Evaluating Its Activities in Austria

The future of Orange Austria could be decided before October. The cooperation in networks might have been the first step towards a merger with T-Mobile Austria.
May 25, 2011
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Cheuvreux Closing Its Office in Vienna

The French investment bank is closing down its office in Vienna after three years. This has been confirmed by analyst Alfred Reisenberger.
May 20, 2011


Doppelmayr Scores € 105m Contract

Doppelmayr Italia GmbH was awarded the contract for the construction of the new ropeway on the Mont Blanc.
April 29, 2011


It is Official: T-Mobile and Orange Launch Network Cooperation

The German and French telecom companies expect to save € 60m. The network coverage is to increase by 10%.
April 22, 2011


Cooperation between T-Mobile and Orange

A joint radio network is established by the German and the French telecommunications groups in Austria.
April 16, 2011


Austria’s Exposure to Portugal: € 433m

France is clearly the larges creditor of the troubled country. Portugal owes Austria € 433m.
April 8, 2011
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Coface: Profit of the Group Better than Before the Crisis in 2010

Austria and the CEE surpasses the international trend: increasing sales, decreasing management costs and lower claims ratio improve financial strength.
April 8, 2011


Wienerberger Acquires French Plastic Pipe Business from Alphacan

Alphacan France is a specialist for the development, production and maketing of PVC pipe systems.
April 5, 2011


Schlumberger Takes Over Distribution of Evian and Volvic

The Austrian sparkling wine producer considers this cooperation a "strategic expansion of the beverage competence by means of international Danone water brands".
April 5, 2011


Presentation of Austrian Top Companies at Equity Day in Paris

The 3rd Austrian Equity Day in Paris, co-organized with Crédit Agricole Cheuvreux, will be held on Friday, 1 April 2011.
March 31, 2011


Orange: Customer Growth and More Profits

The French telecommunications company in Austria managed to increase its profits in Austria despite falling sales.
March 11, 2011
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Danone Reports € 63m of Sales

The French producer of dairy products realizes € 63m of sales in Austria. Danone intends to extend its product line with organic products.
March 5, 2011


High mobile phone use by Austrian SMEs

In three out of four SMEs every employee has a cell phone, and half the SMEs can imagine communicating exclusively via mobile telephony.
February 19, 2011


Andritz: Order for Belo Monte is Firm

The French consortium Alstom, together with the German Voith and the Austrian Andritz, jointly supply the Brazilian Hydroelectric Project.
February 11, 2011


Verbund Intends to Grow in Italy and France

The Austrian-Italian joint venture Sorgenia is to expand its commitment to renewable energies in Italy and France.
February 9, 2011


Rising Sales at Internorm

The Upper Austrian window manufacturer increased its sales by 2% in 2010. Despite domestic sales falling, exports are growing all the better.
February 3, 2011
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Palmers in the Red

The Austrian lingerie company has to accept operational losses in addition to an unprofitable acquisition.
January 26, 2011


Verbund Starts Restructuring in France

The Austrian energy company takes full control of the Poweo production subsidiary Poweo Production S.A.S.
December 22, 2010


French SNCF Participates in Westbahn Project

The French National Railways acquire a stake of 25% in the Haselsteiner project.
December 17, 2010


SIS to be Sold to Atos Origin

The French Atos Origin Acquired Siemens IT Solutions and Services, both companies expect synergy effects. Drastic job cuts in Vienna are feared.
December 15, 2010


High Expectations about the New AUA Chairman

The Frenchman Thierry Antinori, is to complete successfully for Lufthansa the restructuring of the Austrian subsidiary.
December 8, 2010
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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


AUA is to Get New Leadership

Austrian Airlines, a Lufthansa subsidiary, is to get the Frenchman Thierry Antinori as its new CEO. The board is to be expanded with this appointment.
November 30, 2010


Romania - BRD Groupe Société Générale to overtake the largest bank Banca Comercială Română (BRC)

Ambitious goals for the Development Bank Romania (BRD): The second-largest institute of the country that belongs to the French Societe Generale (SG) wishes to ascend to the largest bank in Romania by 2015 - and thus pass “Erste” subsidiary BCR.
May 18, 2010