Vienna International Professional Services Industry News

Read the latest headlines about developments in the international service industry in Vienna and Austria

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

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

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

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

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

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