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Austria and Poland - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism

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

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

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

Warimpex Announces Results of Q1-Q3 2010

Upward trend continues in the third quarter of 2010: Sales up by 21 percent.

November 17, 2010

Raiffeisen Participates in Bid for Polbank

Raiffeisen International Bank (RBI) tries to get into the act concerning the sale of Polbank. The eighth largest bank in Poland is currently owned by EFG Euro Bank, which is offering its Polish interest for sale.

November 3, 2010

Contract for Kapsch TrafficCom in Poland

The consortium led by Kapsch came out as the best bidder for the implementation of a toll system on Polish motorways. The contract has been signed now.

November 3, 2010

Strabag Expands its Competence in Bridge Building – New Order in Poland

Strabag SE, a large construction company in Central and Eastern Europe, signed an agreement to build a new bridge complex in Toruń, Poland.

October 18, 2010

EVN's Subsidiary RAG Increased Gas Capacities

New capacities are created, gas and oil exploration in Poland and Hungary to be intensified

October 17, 2010

Coface CEE Top 500 - Poland Largest Number of Companies in CEE

Poland has the largest number of companies in the Central and Eastern Europe Top 500 with 28.4%. Hungary ranks second with 16.6%, overtaking the Czech Republic, which is home for 13.8% of the CEE Top 500.

October 12, 2010

Alpine: New 140 Million Euro Motorway Contract in Poland

The construction company from Salzburg is to build an 18-kilometer motorway section for almost 140 million euro.

October 5, 2010

Kapsch TrafficCom: Polish 1.24 Billion Euro Contract for Truck and Bus Toll System

The company listed in the Vienna Stock Exchange will build up the entire toll system for trucks and buses weighing over 3.5 tons on Poland's roads for July 2011.

October 4, 2010

Brokerjet intends to expand into Poland

The Austrian online broker Brokerjet, a subsidiary of ecetra Central European e-finance AG (ecetra means Erste Bank Central European Trading), a wholly-owned subsidiary of Erste Bank Group, is already active in the Czech Republic and Slovenia.

October 1, 2010

Demmers Teehaus Seeks Entry into New CEE Markets

The Austrian tea specialist Demmer, who is expanding into CEE with a franchising strategy, wants to enter new markets.

September 30, 2010

EU: Austria's Actual Net Contribution has Risen to 342 Million Euro

The net contribution to the EU rose again last year. Poland, with 6.5 billion euro is for the first time the biggest net recipient. Germany remains the biggest net payer with 8.1 billion euro.

September 28, 2010

Strabag acquires property und facility management service provider in the Czech Republic

The acquisition of 100% of ECM Facility a.s., Prague garantes the number 5 position in property & facility management in the the Czech Republic.

September 20, 2010

CEE Companies in a Turmoil

According to a study by Deloitte, last year Eastern Europe’s top 500 companies showed a clear decline in sales.

September 14, 2010

UBM with slightly improved results

Focus on hotels and housing, regional focus remains on Poland and Germany.

August 31, 2010

Raiffeisen Centrobank AG - Interim Financial Report released

Raiffeisen Centrobank made the biggest contribution to the result of the group with a profit after tax of EUR 14.401 mn.

August 31, 2010

Antitrust accusations against Polish subsidiary

The Polish Strabag subsidiary is under investigation for cartel collusion in public tenders.

July 2, 2010