Vienna International Media Industry News

Read the latest headlines about developments in the international media industry in Vienna and Austria

Keuschnigg: Losses of Hypo Compensated by Privatizations

Christian Keuschnigg, head of the IHS (Austrian Institute for Higher Studies) suggests to privatize OMV, Post and Telekom Austria to pay for Hypo Group.

September 20, 2013

Social Responsibility: Richard Branson to Participate at future.talk 2013

In line with his core message "Do good, have fun and the money will come" British entrepreneur, pioneer and self-made billionaire Sir Richard Branson will speak in Vienna on October 8, 2013 about sustainable and responsible entrepreneurship.

September 17, 2013

Romania: Austrian Investors Demand Transparency

In an interview with Business Review Romania, Rudolf Lukavsky, commercial counselor for Romania and Moldova at the Austrian Embassy described the downsides and advantages of the economic environment in the country.

September 17, 2013

Serbia: UK Enterprises Likely to Invest in Serbia

70 British companies are interested in investing in Serbia's economy.

September 6, 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

Vienna among Top 10 of Internet Cities Worldwide

According to Mercer, Vienna is the town with the best quality of live. According to Co.Exist, Vienna is one of the leading Smart Cities worldwide. Now a survey by British enterprise UBM shows that Vienna is amongt the “Top 10 Internet Cities”.

August 28, 2013

Austria: Kapsch Wins Bid For 450 Mhz Frequency Band

Kapsch CarrierCom has acquired nine frequency blocks in the 450 MHz range. The invitation to tender had been announced by RTR GmbH last March.

August 21, 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

Romania: Another Major Privatization Ahead

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

August 6, 2013

Slovenia Lures Russian Investors

Slovenia invites Russian investors to participate in privatization plans.

July 30, 2013

Austria: Government Agrees on Stimulus Package

Startled by construction company Alpine’s insolvency, the Austrian government has agreed on the fiercly discussed stimulus package. An amount of € 800m is required additionally.

June 25, 2013

US: Active Investor in Romania

US companies remained active investors in Romania last year. Particulary the IT sector, automotive industry and oil/gas sector are increasingly strengthening their local position. Foreign direct investments from the US came at more than $ 1bn.

June 24, 2013

Slovenia Expects Economic Recovery As Soon As 2014

On Saturday, the Slovenian Finance Ministry expressed its confidence that the newly adopted action plan would help stabilize public finances and help gain economic recovery despite of Fitch’s downgrade.

June 24, 2013

Hungary: Taxes to Be Raised

Shortly before the parliamentary summer recess taxes were raised by the government of Viktor Orban.

June 18, 2013

Lopatka: "EU Enlargement is a Driver for Reforms and Rule Of Law"

State Secretary Lopatka on DARUM EUROPA information tour.

June 18, 2013

Greece: Public Broadcast Station Shut Down

Greece has pulled the plug for the public broadcast station ERT yesterday.

June 12, 2013

Ukraine: Epic to Sell Ukrtelekom

Viennese financial investor Epic plans to sell the Ukrainian telecom provider Ukrtelekom. Oligarch Akhmetov will take over 92.8 percent of Epic.

June 6, 2013

Slovenia: Commission’s Target to Be Achieved in September

Deputy Prime Minister and Interior Minister Gregor Virant announced that Slovenia will achieve the EU Commission’s aim for approving more budget cuts by the end of September to avoid international bailout.

June 6, 2013

Slovenia: NKBM Still In the Reds

Particularly high risk provision caused the bank a net loss of € 8.5m. Even for the whole of 2013, losses are expected.

May 31, 2013

Hungary: EDP to Be Dropped.

Hungary can count on the termination of the Excessive Deficit Procedure (EDP) by the European Union.

May 27, 2013

US Software Producer Oracle to Invest in Romania

US software producer Oracle will invest approximately € 100m in Romania

May 14, 2013

Serbia: Telekom Srbija to Be Privatized

According to reports by the media, the Serbian government wants to take another try to privatize Telekom Srbija.

April 23, 2013

Hungary: Dissatisfaction Towards Government Grows

Right-wing leader Viktor Orban has been in parliament for almost three years. But the promised reforms and changes to improve the economic situation came to nothing. Protests are arising.

March 18, 2013

Romania: Turnover of Market Services Decreased 14.1 % in January

In January 2013, the turnover of market services rendered mainly to enterprises, in nominal terms, decreased compared to the previous month.

March 14, 2013

Slovak Unemployment Rate on the Rise

In January, compared with January 2012, the employment decreased in five surveyed sectors.

March 14, 2013

Estonia: Hope For Employment Rate to Increase

Employment continued to grow at the end of 2012.

March 8, 2013

Does the Hungarian Telecommunication Sector Face Nationalizations?

According to rumors, Hungary´s government plans to nationalize the Hungarian subsidiary of the telecommunication operator Vodafone.

March 2, 2013

T-Mobile: Profitability Deteriorates

The Austrian subsidiary of Deutsche Telekom suffers from declining turnover and EBITDA figures.

February 28, 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

Telekom Austria Placed a € 600m Hybrid Bond

The Telekom Austria Group announces that, after a successful roadshow in Germany, Great Britain and the Netherlands, it has yesterday placed a hybrid bond with a volume of € 600m and a coupon of 5.625%.

January 25, 2013

Telekom Austria Has Gained Market Power

After the acquisition of the discount brand “Yesss!”, the market leader Telekom Austria could increase its lead. Nevertheless, the telecommunication group has to manage a lot of challenges this year.

January 15, 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

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

Austrian Competition Authority May Prevent Orange-Takeover

This week, the EU-Commission has approved the acquisition of the third-biggest telecommunication company by Hutchison Austria. Austria´s BWB (Federal Competition Authority) is seen as risk factor.

December 15, 2012

Orange Takeover Finally Approved

After more than ten months, the EU Commission approved the takeover of the third-largest Austrian telecommunication operator by the competitor Hutchison Austria.

December 12, 2012

Orange-Takeover: Commission to Announce Decision Next Week

EU Commissioner Joaquin Almunia said that the final decision will be published next week. The deal is likely to be approved.

December 8, 2012

Telekom Austria: Reappointment of CEO Ametsreiter Uncertain

The future of Telekom Austria´s top management is still open. Anyway, the company gets a third management board member.

December 6, 2012

Orange-Takeover: One Step Closer to the Goal

Telekom Austria is allowed to take over the discount operator Yesss!. Now, only the Commission has to approve the whole deal.

November 27, 2012

Hutchison Austria: Takeover Approved

The EU Commission allows the Hong Kong-based telecommunication group to take over its Austrian competitor “Orange”. The Austrian Federal Competition Authority is not convinced yet.

November 21, 2012

Telekom Austria´s Profit Falls Considerably

In the third quarter of 2012, the net income was down by 22%. Revenues declined slightly. In the first nine months of 2012, the performance could improve against the reference period.

November 14, 2012

Telekom Austria Under Pressure

The biggest telecommunication operator in Austria is expected to record lower profits. Moreover, the share price has reached an all-time low today.

November 12, 2012

T-Mobile´s Turnover Shrinks

The second-biggest Austrian telecommunication operator records a decrease in earnings and sales.

November 8, 2012

Telekom Austria´s Vipnet Invests in Croatia

Telekom Austria´s Croatian subsidiary Vipnet Acquires 10 MHz of 800 MHz Spectrum for approximately € 20m in Croatia.

October 30, 2012

Merger Hutchison „3“ and Orange: EU Commission Extends Examination Phase

The Commission announced that the deadline for the deal will be postponed by three weeks.

October 22, 2012

„Austrian Telecommunication Market Is Damaged“

The new CEO of T-Mobile Austria Andreas Bierwirth wants to cut costs drastically. The profitability of the telecommunication industry would suffer from the decreasing prices.

October 17, 2012

Orange Austria Improves Profitability

The third-largest Austrian telecommunication operator records a decrease in revenues. Net income was up, however.

October 17, 2012

Hutchison Tries to Persuade EU Commission

The smallest Austrian telecommunication operator wants the EU Commission to approve the takeover of Orange.

October 8, 2012

Orange to Withdraw from Austria?

Insiders report that the third-largest telecommunication service supplier in Austria may leave. The merger with Hutchison is in a critical condition.

October 4, 2012

Viennese Investors to Sell UkrTelekom

The Ukrainian investor Rinat Achmetow is said to acquire UkrTelekom.

October 3, 2012