Austria and Poland - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
Page 15/18

Poland in Austria | Poles in Vienna | Bilateral Relations

Poland Does Not Expect Recession in 2013

The Polish Minister of Finance Jacek Rostowski explained that the Polish economy will grow by 2.5% this year.

August 18, 2012

Poland´s Deficit Target in Danger

The Polish government may fail the 3.0% deficit target in 2012. Above all, the economic slowdown is a risk factor.

August 17, 2012

Profits Grow Slower in Polish Banking Sector

The Polish banking sector is still very stable. However, a trend reversal is foreseeable.

August 10, 2012

Polish Business Service Sector Booming

In 2011, 38 new business service centers were established in Poland. The number of employees doubled since 2009.

August 4, 2012

Polish Industrial Sector Shrinks

Last month, the Polish purchase manager index could recover. Nevertheless, there is no tendency of growth yet.

August 3, 2012

VIG Streamlines its Market Presence in Poland

Vienna Insurance Group announced that the merger of InterRisk and PZM is completed.

August 1, 2012

CESEE: Still High Degree of Corruption

According to Transparency International, „political influence over independent institutions is a systemic corruption risk in the Czech Republic, Hungary, Poland and Slovakia“.

July 31, 2012

Bankruptcy Prevented: Schlecker Austria Becomes „daily“

The Austrian investment funds TAP 09 acquires the financially stricken chemist chain. Schlecker Austria should become a local grocer.

July 31, 2012

Poland as CESEE´s Locomotive

This year, the CESEE region should record a growth rate of 1.7%. However, the situation is highly different.

July 25, 2012

Vienna Insurance Group: Still Growth Potential in CESEE

VIG´s new CEO Peter Hagen aims to achieve external as well as internal growth. The process of catching up will go on.

July 20, 2012

Kapsch TrafficCom: Rise in Revenues Ahead

Analysts expect the Austrian IT company to record a substantial increase in revenues. The earnings are different.

July 16, 2012

Poland Not to Enter the Eurozone Soon

For the time being, Poland will keep the Zloty. After the Eurozone has managed the current crisis, an accession is conceivable, Foreign Minister Radoslaw Sikorski says.

July 14, 2012

Kapsch: Poland Showing Excellent results

Revenue for Poland of over € 178m, investments amortized after only 18 months

July 13, 2012

WSE Remains European Leader by Number of IPOs

Warsaw Stock Exchange is the leader by the number of IPOs and Europe’s third market by the value of IPOs in Q2 2012.

July 11, 2012

Poland: Alpine Excluded from Tendering Procedure

After a dispute with Polish authorities, the Austrian construction company Alpine has been excluded from the tendering procedure of the national highway S8.

July 10, 2012

Schlecker Austria Sees High Probability of Takeover

The insolvency manager of the German chemist chain Schlecker sees a favorized potential buyer for Schlecker Austria.

July 9, 2012

Purchasing Power in CEE Region: Czech Republic Ranks First

Among Poland, Slovakia and the Czech Republic, Bratislava records the biggest regional purchasing power. In total, the Czech Republic ranks first.

July 7, 2012

Austria Remains One of the Biggest CESEE Investors

Austria is still an important net investor in Central, Eastern and Southeastern Europe. However, the global importance of the region did not increase.

July 6, 2012

CEE Defies Turbulences in the Eurozone

GDP in CEE expected to grow 2.6 per cent in 2012 – eurozone expected to shrink by 0.3 per cent. Growth forecast for Austria’s GDP at 0.7 per cent in 2012

July 5, 2012

CESEE: Poland and Turkey are Hot Spots

Erste Economic Sentiment Indicator CEE: stock market expectations weaker, but still ahead of Eurozone. Turkey and Poland remain the preferred investment regions.

July 4, 2012

Uniqa Completes Sale of Mannheimer Group

The Austrian insurance group Uniqa completed the sale of the Frankfurt listed company Mannheimer AG Holding to Continentale Versicherungsverbund. Growth in CESEE countries should be strengthened.

June 29, 2012

VIG Completed Polisa Life Acquisition in Poland

The Vienna Insurance Group AG is the new owner of the Polish life insurance company Towarzystwo Ubezpieczeń na Życie "POLISA-ŻYCIE" S.A. With this transaction, the VIG has acquired about 92 percent of the life insurer.

June 28, 2012

Credit Crunch in CESEE?

Anglo-Saxon banks and funds are most aggressive in deleveraging; Austrian bank are not relying on funding from countries in hotspots of deleveraging.

June 27, 2012

Investment Attractivity: Poland Ranks Second

According to Ernst & Young, the most attractive location for investments in Europe is Germany, which is followed by its Eastern Neighbour Poland.

June 25, 2012

Polish-American Economic Summit in Warsaw Generates New Orders for Poland

Among the US enterprises which announced new deals with their Polish partners were Boeing, Sikorsky and Westinghouse.

June 21, 2012

CESEE Banks: Small Exposure in Southern Europe

The riskiness of assets held by CESEE banks is manageable, the U.S. rating agency Fitch says. The CESEE region has closer links to Western Europe than to Southern Europe.

June 20, 2012

Shopping Center Industry Sees Still Growth Potential in CESEE

In 2012, about 300 further shopping centers should be built in the CESEE region. The market still shows a great potential, experts say.

June 20, 2012

Erste Group Manages Bond Issue in Poland

Poland new long 10-year sovereign bond issue had a volume of € 1.5bn. The issue was more than 2x over-subscribed.

June 12, 2012

Immofinanz Strengthens Presence in Poland

The Austrian real estate group realises first own residential development project in Poland.

June 6, 2012

CEE Banking Sector „Performs Well“

The Austrian Raiffeisen Centrobank sees high-growth potential in the CESEE region. Loan growth is at „healthy levels“, there are „no signs of a credit crunch“.

June 6, 2012

Austrian Furniture Industry Increases its Exports

In 2011, the total production of the Austrian furniture industry decreased by 3.3 percent to close to € 2.3bn according to the latest figures.

June 6, 2012

Zumtobel „Lights up“ Euro 2012

After its completed orders in Poland and in the Ukraine, Austrian lighting company expects to attain new orders in Eastern Europe.

June 1, 2012

Erste Group: Poland and Ukraine Benefit from Euro 2012

EURO 2012 investments helped to boost investments in both countries. € 30.2bn invested whereof approx. 90% spent on infrastructure in Poland & Ukraine.

May 26, 2012

Improved Business Atmosphere in CESEE Region

According to a survey by OeKB (Oesterreichische Kontrollbank), expectations of investors are beyond the level of January. Austrian exports to the CESEE region may increase.

May 4, 2012

Austrian Post Continues Expansion in CEE Region

With the purchase of “Kolportaz Rzetelny” and a stake in “M&BM; Express”, Austrian Post expands its Network in Poland and Bulgaria.

May 3, 2012

Raiffeisen Bank International Closes Acquisition of Polbank

The Provisional purchase price is € 460m in cash for a 70 per cent stake in the Polish private bank. RBI becomes number 6 in the Polish banking market.

April 30, 2012

RBI: Takeover of Polbank Approved

The Polish Competition Authority allowed Austrian RBI (Raiffeisen Bank International) to purchase Polbank. Conversely, RBI has to list as Warsaw Stock Exchange.

April 18, 2012

Goldman Sachs: Too Small Margins at Austrian Banks in CEE

The U.S. investment bank is optimistic that the CEE region recovers in 2013. The write-offs made by Austrian banks were “correct”.

April 16, 2012

CSC: Substantial Growth in CEE Markets Expected

The U.S. IT service supplier CSC upgrades the Viennese subsidiary again. Recently, CSC Austria became a regional headquarter for ten countries. Now, a R&D center was created.

April 5, 2012

Poland Remains Attractive for Real Estate Investors

In its country report, Bank Austria sees Poland still as an interesting real estate market. Nevertheless, prime yields are declining already.

March 28, 2012

Austrian Post Is Said to Expand in Poland

Austrian Post is said to be interested in Polish Kolportaż Rzetelny, Polish media report.

March 19, 2012

Atrium Considers Secondary Listing on the Warsaw Exchange

The Vienna-listed, Jersey-based real estate company reviews a secondary listing at Warsaw Stock Exchange.

March 16, 2012

CEE Exchange “Open to Merger of Equal”

The CEE Stock Exchange Group, which includes bourses in Vienna, Budapest, Prague and Ljubljana, said it’s open to holding “merger of equals” talks with the Warsaw Stock Exchange (GPW), its biggest rival.

March 13, 2012

Stagnation at Vienna Stock Exchange

At the moment, the Viennese Stock Exchange (VSE) has no new IPO´s to announce. The atmosphere in Vienna would be not investment-oriented enough, market observers say.

March 13, 2012 · Updated: March 13, 2012; 19:11

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

Henkel CEE Achieves Stable Results

The Vienna based CEE-headquarters of the German Henkel Group raised sales by 7.2% in 2011.

March 8, 2012

Uniqa Aims for Growth in CESEE Region

The Austrian insurance group wants to sell stakes by the minority shareholders of subsidiaries in Eastern Europe. The capital increase is scheduled for 2013.

March 5, 2012

Eder: „Environmental Policy Endangers Economy“

Voestalpine´s CEO criticizes environmental specifications made by EU and domestic politics. Eder sees the danger of a de-industrialization.

March 5, 2012

Negative Operating Results for Kapsch TrafficCom

Due to delays in two major projects, the Austria toll collection system supplier recorded operating losses in the third quarter of 2011/12. Revenues were up massively.

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