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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
Verbund Faces Competition from Russia
The Russian energy group Inter Rao is interested in the Milan-based Sorgenia. Austrian Verbund holds 45% in Sorgenia.
March 20, 2012
Austrian Government Holds on Financial Transaction Tax
In spite of discordance at the EU-level, the Austrian government is convinced to impose taxes on financial transactions by 2014.
March 17, 2012
French and Austrian Automobile Clusters to Cooperate Closer
A delegation of French automobile companies will be received in Graz in order to intensify technologic cooperation.
March 2, 2012
Kapsch TrafficCom with Contract Award in France
Kapsch TrafficCom AG listed on the Vienna Stock Exchange in the prime market segment, reports a contract award in France worth more than € 25m.
March 2, 2012
Verbund Reports Mixed Results
The decline in profit by 12% in 2011 is justified with “difficult conditions in the energy market environment and the overall economy”. Sales and operating results were up substantially.
February 29, 2012
Atos Keeps Vienna as CEE Headquarters
After the takeover of Siemens IT solutions (SIS), the French IT service provider keeps Vienna as headquarters for Central and Eastern Europe.
February 27, 2012
Hutchinson-Orange Merger: T-Mobile Becomes Impatient
T-Mobile Austria, a subsidiary of Deutsche Telekom puts pressure on the Austrian Competition Authority. The merger must include a number of requirements.
February 25, 2012
Orange-Deal: Additional Contribution Threatens
France Télécom and Mid European Partners, the sellers of the Austrian mobile phone operator Orange, may need to pay an additional contribution.
February 22, 2012
Air France to Enlarge Operations in Austria
The loss-making airline is under enormous growth pressure and reorganizes itself. Austria is seen as growth market.
February 16, 2012
„3“ Wants to Retain „Aggressive Competition“
The Hong Kong-based Hutchinson Whampoa Group, which operates the telecommunication service supplier “3” in Austria, took over the competitor “Orange”. However, “3” keeps its “aggressive” style.
February 4, 2012
Hutchinson Takes Over Orange
The Austrian subsidiary of the Hong Kong-based telecommunication group takes over Orange Austria, a member of France Télécom.
February 3, 2012 · Updated: February 3, 2012; 13:23
Telekom Austria Acquires Discount Brand “Yesss!”
Telekom Austria Group Agrees to Acquire Assets of Orange Austria for a maximum amount of € 390m.
February 3, 2012
Borealis Acquired PEC-Rhin S.A. from GPN
The Austrian producer of synthetic products took over French PEC-Rhin S.A. A price was not announced.
February 1, 2012
Hutchinson Acquired Orange
The Chinese telecommunication operator takes over Frenche Orange. The acquisition price totals € 1.0bn.
January 14, 2012
Austria to Lose its AAA
According to partially confirmed market rumors, S&P will downgrade France and Austria.
January 13, 2012
T-Mobile and Hutchinson 3G Become Partners
The Austrian subsidiary of the German T-Mobile and the Chinese Hutchinson 3G closed an agreement over a long-term grid partnership.
January 5, 2012
Palmers-Subsidiary Lejaby Under Pressure
A French court opened insolvency proceedings on the subsidiary of the Austrian clothing company.
December 22, 2011
Airport Zagreb: Strabag Not Awarded
Two offers for were submitted for the enlargement of Zagreb Airport. Strabag´s offer has been rejected.
December 13, 2011
Orange-Sale to Chinese Hutchinson Uncertain
The sale of the Austrian subsidiary of France Télécom is not fixed yet. Negotiations already run for four months.
December 12, 2011
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
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
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
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
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
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
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
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
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