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Vienna International Community - Other Top Players - Latest Headlines
Read updated news about other key people in Vienna's international community
Oberbank Aims For „Organic Growth“
The Upper-Austrian regional bank continues its growth course and underlines its financial stability and independence.
April 6, 2012
„Power Struggle“: Red Bull Declines Rumors
Red Bull commented that reports on an arising power struggle between the two owners are nothing else as “fanciful speculations”.
April 6, 2012
Power Struggle at Red Bull?
After the death of the inventor of Thai-Austrian energy drink, a power struggle between Mateschitz and the new majority owner may arise.
April 4, 2012
Raiffeisen: Buchleitner Succeeds Hameseder
The series of staffing changes at the Raiffeisen sector goes on. General attorney Konrad leaves, Hameseder succeeds. RWA´s CEO Klaus Buchleitner replaces Hameseder.
April 4, 2012
„Steel Industry Needs Market Adjustment“
Wolfgang Eder, CEO of the Austrian steel company voestalpine, sees massive overcapacities in the European steel Industry. Eder reaffirmed his warning to leave Austria.
April 4, 2012
Frauenthal Expands into Slovakia
The Austrian conglomerate acquires a Slovak sanitary retailer. The automotive segment recovers, CEO Moser says.
April 2, 2012
Konrad to Leave RZB
Christian Konrad, general attorney of the Raiffeisen sector and chairman of RZB supervisory board, will step down in June. Successors are already designated.
April 2, 2012
Euro-Group: Fekter Presses Ahead
Jean-Claude Juncker, head of the euro-group is angry at the Austrian Minister of Finance, Maria Fekter, who presented the summits´ results before Juncker´s press conference.
March 31, 2012
Orange´s CEO: „Takeover by Telekom Austria Is Essential“
According to Michael Krammer, CEO of the third-largest telecommunication service supplier in Austria, Orange is well-financed and healthy. The acquisition of the discount subsidiary by Telekom Austria is “crucial”.
March 31, 2012
Pröll Declines Konrad´s Succession
Josef Pröll, former Austrian Minister of Finance, excludes rumors about the succession of RZB´s chairman Christian Konrad.
March 30, 2012
Bank Austria Considers Leaving East European Markets
UniCredit´s subsidiary may leave Baltic countries as well as Kazakhstan. CEO Cernko is optimistic to achieve more than € 1.0bn in profits this year.
March 30, 2012
FCC to Appoint Benita Ferrero-Waldner as Alpine´s Chairwoman
Austria´s former Minister of Foreign Affairs heads the supervisory board of Alpine. The appointment will take place at the next Supervisory Board meeting of Alpine, FCC's Central and Eastern European subsidiary.
March 29, 2012
Austria Insists on Financial Transaction Tax
Despite Germany’s finance minister sees little chance of a European Union agreement on the levy, Austria is sticking to plans for a financial-transaction tax in Europe to help consolidate its budget.
March 27, 2012
Voestalpine Forecasts Improved Business Conditions
Austrian steel group voestalpine expects results to improve from April 2012 as it benefits from price hikes and solid demand, Reuters reported.
March 27, 2012
Vienna Stock Exchange Calls for New Listings
Birgit Kuras, the new member of VSE´s management board aims to enhance the stock exchange´s importance and pushes for further privatizations.
March 27, 2012
EU Financial Framework Negotiations Enter the Hot Phase
State Secretary Wolfgang Waldner underlines Austria´s position as net contributor at the General Affairs Council in Brussels.
March 27, 2012
Keuschnigg: „Greece Must Leave Eurozone“
The Austrian Economist and designated director of HIS, Christian Keuschnigg advised Greece to leave the euro zone.
March 26, 2012
Koren to Become VBAG´s New CEO?
Finance Minister Maria Fekter aims to nominate the former Vice-CEO of Bawag as board director of VBAG.
March 24, 2012
Rothensteiner Against Bank Insolvencies
Raiffeisen Zentralbank´s CEO Walter Rothensteiner is against the discussion about bank insolvencies.
March 24, 2012
Bank Austria: Cernko Confirmed as CEO
Bank Austria’s Supervisory Board renews the term of office of Willibald Cernko and Rainer Hauser for another three years.
March 23, 2012
Conwert: Haselsteiner Wants Blocking Minority
The Austrian industrialist, who is CEO of Strabag Group, wants to reach at least a 25% stake at the real estate company. Petrus Advisers is said to exit.
March 23, 2012
RBI: Günther Gall Appointed Vice-Chairman of EPC
The Austrian national Günther Gall of Raiffeisen Bank International AG (RBI) was elected vice president of the European Payments Council (EPC).
March 23, 2012
RBI: No Capital Increase
Christian Konrad, general attorney of the Raiffeisen sector, is against a capital increase at RBI (Raiffeisen Bank International). The 9.0% tier-1 quota will be reached without that measure, Konrad is convinced.
March 23, 2012
Hypo Alpe Adria Bank to be Sold this Year
The Austrian subsidiary of the nationalized Hypo Group Alpe Adria will be sold this year. “All potential risk factors are eliminated.” the supervisory board chairman says.
March 22, 2012
Banks have CEE-Subsidiaries „Under Control“
RBI´s CEO Herbert Stepic criticizes the skepticism against banking in Central and Eastern Europe. The economist Aiginger sees more advantages than risks for Austrian banks.
March 21, 2012
Nowotny: “Portugal in Much Better Shape Than Greece”
The Governor of the Austrian Central Bank (OeNB) and ECB Council Member Ewald Nowotny is optimistic on Portugal´s medium-term prospects. The country faces much less liquidity constraints than Greece.
March 21, 2012
Cernko Claims Bank Rescue Fund
Bank Austria´s CEO Willibald Cernko wants the bank tax to be solely used for a stability fund in order to support financially stricken banks.
March 20, 2012
Romanian President Again Critisized OMV´s Petrom
Romanian president Traian Basescu in television again emphasized that he cut ties with largest Romanian company OMV Petrom on ‘incorrect’, high profit-making policy.
March 20, 2012
Telekom Austria: Pecik Denies Sales Talks
The Austrian investor Ronny Pecik is said to have had sales talks with China Mobile. Pecik reaffirms to remain at Telekom Austria as “long-term investor”.
March 19, 2012
AUA: „Restructuring, Not Breaking Up“
Jaan Albrecht, CEO of Austrian Airlines wants to make the airline competitive again. A new foundation is “no issue”.
March 19, 2012
Bank Austria Plays Down Hungary Risks
The head of UniCredit unit Bank Austria's central and eastern Europe business played down potential risks from Hungary in a magazine interview published on Friday.
March 19, 2012
Microsoft Austria Defends First Rank at „Great Place to Work“
In 2012, the U.S. software company is again the best employer among companies beyond 250 employees.
March 17, 2012
Pecik Aims to Become Telekom´s Biggest Shareholder
The second-largest shareholder of Telekom Austria, the investor Ronny Pecik, wants to enlarge his stake further in order to initiate a restructuring.
March 17, 2012
Doubt About Austerity Package
Austria´s Finance Minister Fekter had to defend the government´s austerity package again. Experts are in doubt about the successful implementation.
March 15, 2012
Crystallizing Fronts in Austrian Banking Industry
For managers of the Austrian banking industry, the maximum salary increase for its employees is 3.3%. The trade unions call for a 3.8% increase.
March 14, 2012
Haselsteiner Buys 15% Stake in Conwert
Hans-Peter Haselsteiner, CEO of the Austrian construction company Strabag, buys a 15% stake in the Austrian real estate supplier Conwert. The seller is the London-based Petrus Advisers LLP.
March 14, 2012
Austria Wants More Leeway for Hungarian Budget
The Austrian Minister of Finance Maria Fekter criticizes the EU. Hungary is not treated equally, Fekter says.
March 13, 2012
CFO Peter Simma to Leave Wolford AG
Peter Simma, Chief Financial Officer and Deputy Chairman of the Executive Board of Wolford AG, is leaving the company on his request.
March 13, 2012
Turkey as Growth Market for Siemens Austria
Siemens Austria ´s CEO Wolfgang Hesoun regards Turkey as most attractive growth market, as the economy is highly diversified and shows high economic growth rates.
March 12, 2012
New Executives for Telekom Austria
The new major shareholder at Telekom Austria, Ronny Pecik, installs a third management board member. The supervisory board will be enlarged.
March 12, 2012
KA Finanz: Disaster Was Avoidable
The „bad bank“ of the nationalized bank Kommunalkredit considered selling Greek sovereign bonds in spring 2009. Last week, KA Finanz wrote off € 423m.
March 12, 2012
Magna Plans 40 New Sites
The automotive component supplier intends to establish new sites in Eastern Europe and South America.
March 12, 2012
Nowotny: Capital Shortfall at Hypo Group „Substantially Less Than € 10bn”
The governor of the Austrian Central Bank (OeNB) repulses reports stating that the nationalized bank Hypo Group needs capital injections of € 10bn.
March 10, 2012
Wirtschaftsbund: Leitl Re-Elected
Christoph Leitl, President of the Austrian Chamber of Commerce, has been re-elected as chairman of Wirtschaftsbund. 92.7% of the delegates voted for Leitl.
March 10, 2012
Ghizzoni: „Austrian Bank Tax Is Painful“
The Chief Executive Officer of UniCredit, the holding company of Bank Austria emphasizes not to sell the Austrian subsidiary. The bank tax is “unfair”.
March 10, 2012
„The Public Sector Does not Get Enough“
Klaus Pöttinger, President of Upper Austria´s IV takes Switzerland as model. Taxes would be too high, efficiency of the public sector is too low, he says.
March 9, 2012
Emirates Tries to Lure AUA´s Pilots Away
As uncertainty among Austrian Airline´s workforce is rising, the marketing officer at Emirates, Thierry Antinory, wants to attract AUA´s aircrew.
March 9, 2012
Leitl: „Austerity Package Is Not Enough“
For Christoph Leitl, the President of the Austrian Chamber of Commerce (WKÖ), the recently resolved austerity package does not contain the essential reforms.
March 9, 2012
Orange Takeover: Hutchison is Optimistic
The Hong Kong-based telecommunication company Hutchison 3 is sure that the takeover of Orange will be approved by the competition authorities. The competitor T-Mobile is not convinced at all.
March 9, 2012
Cernko Criticizes VBAG Bail-Out
Willibald Cernko, CEO of Bank Austria considers that the Austrian state reacted too late. A partly nationalization could have taken place already one year before.
March 9, 2012
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