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Read updated news about key politicians in Vienna's international community

Treichl: „Spain Needs Help“

The CEO of theAustrian Erste Group Andreas Treichl is in doubt whether Spain may conquer the crisis without help. Regarding Greece, Europe has to pay anyway, Treichl thinks.

June 1, 2012

Androsch Criticizes Hypo Group Purchase

In 2009, the Austrian state nationalized the financially stricken Hypo Group. Much time was wasted, the industrialist and Fimbag board member Hannes Androsch thinks.

May 30, 2012

New Supervisory Board at Uniqa

New Supervisory Board Chairman of the Austrian insurance group is RZB´s CEO Walter Rothensteiner, who succeeds Christian Konrad.

May 30, 2012

Hypo Group: Further State Aids not Excluded

Johannes Ditz, chairman of the nationalized Hypo Group Alpe Adria, wants to sell about a third of the interests until 2014. In the end, losses are likely.

May 30, 2012

Nowotny: „Keeping Greece in Eurozone Has Highest Priority“

The Governor of the Austrian Central Bank (OeNB), Ewald Nowotny thinks that ECB does not plan a new bond purchase program.

May 29, 2012

Switzerland: Resistance Against Tax Deal with Austria

Swiss parties are against the tax agreement with Austria. The social democrats and the Swiss People´s Party oppose the plan.

May 29, 2012

VIG: Hagen Succeeds Geyer

Peter Hagen will succeed Günter Geyer as CEO of Vienna Insurance Group with effect from 1 June. “Management continuity puts the Group on a stable basis” the company says.

May 29, 2012

AUA: Last Chance

The loss-making Austrian Airlines has only little time left to achieve the turnaround. Lufthansa´s patience is wearing thin.

May 26, 2012

"Europe Needs Economic Growth and Budget Discipline“

Structural reforms are necessary to make Europe sustainably more competitive, Christoph Leitl, President of Austria´s Chamber of Commerce (WKO) says.

May 26, 2012

ÖIAG Cuts Dividends

The publicly held industrial holding ÖIAG pays dividends of € 155m to the Austrian state. This is a decline by 18.4%.

May 26, 2012

Fekter: “Strengthen Partnership with Eastern Neighbours”

Austria´s Finance Minister Maria Fekter emphasizes the necessity of a closer political and economic integration needed with partners in the East.

May 26, 2012

Austrian Chamber of Economics Claims Growth Package

Christoph Leitl, President of the Austrian Chamber of Commerce thinks that Austria and Europe would both need growth and austerity measures.

May 25, 2012

Greece and Eurobonds Divide Austria

The Greek exit and the introduction of Eurobonds are discussed heatedly. In Austria, there is no clear tendency.

May 25, 2012

Malanik Leaves AUA

Executive Board Member Peter Malanik leaves Austrian Airlines.

May 25, 2012

Sawiris Threatens ÖIAG with Slim

The new shareholder at Telekom Austria Naguib Sawiris announced to sell his stake to the Mexican investor Carlos Slim if the industrial holding ÖIAG does not act cooperatively.

May 24, 2012

Pecik Becomes Member of Telekom Austria´s Supervisory Board

The Austrian investor, who holds a 21.5% stake in Telekom Austria together with his partner Naguib Sawiris, was elected as new supervisory board member. Sawiris was no candidate.

May 23, 2012

Nowotny: „Austria is Safe“

The governor of Austria´s Central Bank (OeNB) Ewald Nowotny asserts that the economic stability in Austria is substantially better than in other regions of the Eurozone.

May 23, 2012

RZB Capital Increase Completed

Raiffeisen Zentralbank´s shareholders subscribe core tier 1capital in the amount of roughly € 852m. The EBA capital requirements is already exceeded as a result.

May 23, 2012

“Telekom Austria May Become Second AUA“

The head of the Austrian investor´s association (IVA) Wilhelm Rasinger fiercely criticizes Telekom Austria´s core shareholder ÖIAG.

May 22, 2012

Austrian Airlines Streamlines Organization

The former Swiss executive board member Gaudenz Ambühl will head new flight operations.

May 22, 2012

“Three Problems of Europe: Divergence, Indebtedness and Weak Banks”

The new director of the Austrian IHS (Institute of Advanced Studies) Christian Keuschnigg thinks that a Greek exit would have to take place suddenly.

May 21, 2012

Downsizing: Hypo Group Aims to Achieve Proceeds of € 1.5bn

The nationalized Austrian banking group Hypo Group Alpe Adria starts its sales program in SEE countries and wants to achieve proceeds of € 1.5bn

May 21, 2012

Rothensteiner: Return to Drachma would be „Utter Chaos“

The CEO of the Austrian RZB (Raiffeisen Zentralbank) warns of a Greek exit. At the moment, there would be not contagiousness for Spain or Italy.

May 21, 2012

BCR: Treichl Expects Soon Recovery

Andreas Treichl, CEO of Erste Group, anticipates a soon recovery of the Romanian subsidiary Banka Comerciala Romana.

May 19, 2012

Sorger Underlines Austrian Crisis Management

The President of the Federation of Austrian Industries Veit Sorger reaffirms the necessity of austerity and investments of the private sector.

May 19, 2012

Androsch Criticizes Political Inactivity

The former Austrian Finance Minister and industrialist Hannes Androsch thinks that both austerity and growth strategies are needed and criticizes the government sharply.

May 18, 2012

Slim to Enter Telekom Austria?

The Mexican investor Carlos Slim, who is currently the world´s richest man, is said to acquire stakes in Telekom Austria.

May 18, 2012

„I´m Glad That It Is Over“

Andreas Treichl, CEO of Erste Group had to present the first annual loss to the shareholders since its IPO in 1997.

May 15, 2012

Keuschnigg Worries About Austria´s Competitiveness

The new director of IHS (Institute of Advanced Studies) Christian Keuschnigg suggests reforming the Austrian labor market. The welfare state would be too sophisticated.

May 15, 2012

Eder: „Not Making Mistakes of UK and USA“

The CEO of Austria´s largest steel producer voestalpine warns of a de-industrialization in Europe. Today, the UK and the USA would regret their decisions of the past.

May 14, 2012

Telekom Austria: Crucial Shareholder Meeting Comes Closer

On May 23, Telekom Austria holds its next annual general meeting. The new shareholder Ronny Pecik will enter the supervisory board. Conflicts are built in.

May 12, 2012

„Combining Austerity and Growth Measures“

The Austrian Minister of Economics and the President of the Austrian Chamber of Commerce claim a European growth strategy without turning down austerity policies.

May 11, 2012

Ruttenstorfer Enters Serbian Gazprom Subsidiary

The former CEO of Austrian OMV becomes a member of the supervisory board of the Serbian NIS.

May 9, 2012

Alpine Launches New Corporate Strategy

The Austrian construction company underlines its commitment to the energy sector. Profitability should be enhanced, CEO Dotter emphasized.

May 7, 2012

Kommunalkredit: Search for Buyer Goes on

In 2008, the former interest of VBAG was nationalized. The market environment would be too insecure, CEO Steinbichler says.

May 5, 2012

RBI´s Hauptmann Enters ICC

Raiffeisen Bank International´s Andrea Hauptmann appointed new chairwoman of the International Chamber of Commerce Task Force.

May 5, 2012

ÖIAG Seeks For Partner Against Pecik

The Austrian Industrial Holding ÖIAG, which is still the largest shareholder of Telekom Austria, wants to gain a strategic investor.

May 5, 2012

Leitl: „EU Needs Budget Consolidation and Growth Measures“

The President of the Austrian Chamber of Commerce claims to create a European fund in order to support small and medium-sized enterprises.

May 5, 2012

Albrecht Wants Common Collective Agreement

After the transfer of undertakings, the CEO of Austrian Airlines aims to create a collective agreement for the whole workforce. Further cuts are not excluded.

May 4, 2012

Haselsteiner to Leave Strabag Earlier

Hans-Peter Haselsteiner is mandated as CEO of Austria´s largest construction company until 2015. Nevertheless, he will leave the management board earlier.

May 4, 2012

Budapest Stock Exchange´s CEO Resigns

György Mohai ceases his position as chief executive officer of BSE (Budapest Stock Exchange), a member of CEESEG.

May 2, 2012

RZB´s Rothensteiner: „Not Interested in VBAG“

Walter Rothensteiner, CEO of Raiffeisen Zentralbank (RZB), does not see a suitable takeover target in the partly nationalized VBAG.

April 28, 2012

OMV: „Nabucco is More Alive than Ever”

Despite the exit of Hungarian MOL, the Austrian oil company underlines the importance of Nabucco. CEO Roiss holds on Nabucco.

April 28, 2012

Strabag: Haselsteiner Underlines Importance of Russia

In 2007, the Austrian construction company announced to establish its third core market in Russia. However, Strabag is still far from that.

April 28, 2012

Schelling Elected Chairman of VBAG

Hans Jörg Schelling, former CEO of the public accident insurance company, was elected supervisory board chairman of financially stricken Austrian banking group Volksbanken AG (VBAG), in which the state just got a 43 percent stake.

April 27, 2012

Drastic Profit Decrease at Raiffeisen´s Interests

In 2011, profits of interests held by RLB Lower Austria – Vienna Holding went down by 59%. CEO Hameseder is “not satisfied at all”.

April 27, 2012

Spindelegger Appeals Israel and Palestine to End the Conflict

Austrian Minister of Foreign Affairs: “Idle run in Middle East increases extremist danger for the region”

April 26, 2012

Vavti Appointed new CEO of UniCredit Bank Slovenia

With Stefan Vavti, the subsidiary of Bank Austria, UniCredit Bank Slovenia gets a new chief executive officer.

April 26, 2012

Scharinger to Enter ÖBB´s Board

The former CEO of RLB Upper Austria becomes supervisory board member at Austrian Railways.

April 25, 2012

Tumpel-Gugerell Won´t Head VBAG´s Supervisory Board

Gertrude Tumpel-Gugerell will not become chairwoman of the Austrian bank VBAG as planned.

April 25, 2012