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Vienna International Professional Services Industry News
Read the latest headlines about developments in the international service industry in Vienna and Austria
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Institute of International Finance meeting in Vienna - Soros, Papandreou, Ackermann participating
The IIF expects a large gathering of the world’s leading bankers and investors to attend the 2010 IIF Spring Membership Meeting.
June 7, 2010
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Schieder wants ban on short selling
The Financial Secretary sees Germany as role model.
June 4, 2010
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Presentation of local top companies to institutional investors in New York
A roadshow will be presented in New York for the first time a cooperation between Crédit Agricole Cheuvreux and the Vienna Stock Exchange.
June 4, 2010
Annual Economics Conference of the OENB discusses “Central Banking after the Crisis”
Each spring, the Economics Conference of the Oesterreichische Nationalbank (OeNB) provides a forum for policymakers, academics and the interested public to discuss topical issues in economic policy.
May 31, 2010
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Banks are approaching reunification
Raiffeisen International, the listed Ostbankenholding of the sector, has ended the first quarter of 2010 better than expected.
May 31, 2010
Chief Justice - AvW to pay investors
The Supreme Court declined a revision. The ruling is regarded as indicative of the current 400 million euro investment scandal.
May 31, 2010
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Uniqa - First quarter with more profit and premium income
The listed company Uniqa insurance managed to increase first quarter profit and premium income.
May 28, 2010
Hypo-Alpe-Adria - Carinthia and Bayern to co-operate
For the first time in the history of judicial prosecution, Munich and Klagenfurt agreed to a formation of a "joint investigation team ", in the case of Hypo-Alpe-Adria-scandal.
May 28, 2010
Austrian federal government is now sole owner of the Federal Reserve
The price fluctuations in international currency markets helped the Austrian National Bank (OeNB) in 2009 to a strong profit increase.
May 27, 2010
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New FMA standards against money laundering
In the future, all transfers in Austria can be traced back; donations to certified organizations and payments of up to € 1000 are exempt.
May 27, 2010
Warimpex successfully completes capital increase
In a difficult environment on the financial markets Warimpex successfully completed its capital increase by placing 14,400,001 new ordinary shares, representing approximately 36% of the existing share capital.
May 27, 2010
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OeNB Raised its Operating Profit to EUR 318 Million in 2009
In 2009, the Oesterreichische Nationalbank (OeNB) achieved a somewhat higher operating profit than in 2008.
May 27, 2010
AGM of C-QUADRAT Investment AG
C-QUADRAT Investment AG achieved a significant year-on-year increase in its consolidated net profit for the year and looks back on a successful financial year 2009.
May 27, 2010
Leitl - No to Bank tax charged - European financial transaction as better solution
"The economy needs a permanently stable financial system. But not at the expense of savers and Investors"
May 26, 2010
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Manfred Url succeeds Erich Rainbacher as CEO of Raiffeisen Bausparkasse
Manfred Url succeeds Erich Rainbacher as CEO of Raiffeisen Bausparkasse, Johannes Schuster joins the board of RZB.
May 21, 2010
Sberbank partially repays subordinated loan to the Central Bank, positive signal to creditors
Sberbank, the largest bank in Russia and CIS, announced that it had redeemed the first RUB 200 bn tranche of the RUB 500 bn subordinated loan from the Central Bank of Russia.
May 21, 2010
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Sparkassen Immobilien AG - Results of AGM
Stock exchange-listed Sparkassen Immobilien AG announces that the 75% majority required for the approval of the resolution in agenda item 7 with respect to the rights of participating certificates to conversion into ordinary shares was not achieved.
May 21, 2010
Immofinanz makes a hop – soon more shares on the market
Despite the announcement that in the coming months 55 million shares will be placed on the market, the share Immofinanz responded with an increase to the agreement with Constantia BV.
May 21, 2010
Solo attempt at transaction tax is possible says Chamber of Labour
"At purchase of every sausage roll a value-added tax is due, then why don’t financial speculators have to pay no sales tax for market transactions?
May 21, 2010
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Sparkassen Immobilien AG starts 2010 with a strong first quarter
Stock exchange-listed Sparkassen Immobilien AG has started the financial year 2010 with a strong first quarter: the major financial indicators have improved significantly compared with the same period last year.
May 20, 2010
Vienna Insurance Group in the first quarter of 2010 - Best first quarter in the corporate history
In the first quarter of 2010, Vienna Insurance Group reported a total of premiums written of EUR 2.53 billion.
May 20, 2010
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Solo attempt as an infringement of regulation
It sounds uneventful, also hardly known by relevant experts however contains explosive substance in the context of the debated transaction tax.
May 20, 2010
CEESEG - Institutional Investors’ Demand Increasing Again
The institutional investors’ demand for the companies listed on the member exchanges of CEESEG is growing again after the difficult market situation following the financial crisis.
May 19, 2010
Three Austrian firms amongst the top hundred Red Herring finalists
Three Austrian firms are amongst the top finalists fort his year’s „Red Herring Europe award“: Flimmit, Mobilizy and Nabriva Therapeutics Inc.
May 19, 2010
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National Council pro "Euro security shield"
Social Democrats SPÖ, People Party ÖVP and Green Party members Van der Bellen and Moser vote pro coalition while the freedom party rejects the referendum.
May 19, 2010
Romania - BRD Groupe Société Générale to overtake the largest bank Banca Comercială Română (BRC)
Ambitious goals for the Development Bank Romania (BRD): The second-largest institute of the country that belongs to the French Societe Generale (SG) wishes to ascend to the largest bank in Romania by 2015 - and thus pass “Erste” subsidiary BCR.
May 18, 2010
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Transaction tax - SPÖ plans a referendum
The Social Party Austria together with the German Social Party (SPD) plans to start a referendum on a financial transaction tax as well as financial regulation. It would constitute the first EU-referendum.
May 18, 2010
WIFO-head - transaction tax yes, but not solo
If a tax is limited to one country it would result into a stock tax says the head of Austrian Institute of Economic Research Austria (Wirtschaftsforschungs Institut Österreich WIFO) Karl Aiginger.
May 18, 2010
Transaction tax is favourable to bank tax according to WIFO
According to WIFO (Institute of economic research Austria) a financial transaction tax (TT) is favourable to a bank tax (BT) on multiple grounds.
May 17, 2010
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Manpower to break threshold of 3000 temporary workers
In 2009 25 branches were opened in Austria and a turnover of €84,3m was achieved.
May 17, 2010
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