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Serbia in Austria | Serbs in Vienna | Bilateral Relations
Austria and Serbia - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
Serbia Fights Against National Bankruptcy
The Serbian government has decided to implement a new austerity package. Above all, civil servants face substantial salary cuts.
October 9, 2013
FriedlResearch has Published the Q3-2013 Company Report of Erste Group Bank AG
This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.
October 8, 2013
Serbia Gets Support by Former Italian Foreign Minister
On its path to EU integration, Serbia gets further well-known support.
October 8, 2013
Latest Edition of the SWOT Report of Raiffeisen Bank International has been Published
FriedlResearch has announced the publication of the latest edition of the "Raiffeisen Bank International AG - SWOT Analysis & Company Report". This report contains in depth information and data about RBI and its operations and markets.
October 8, 2013
Serbia: IMF as Last Exit
After unsuccessful negotiations in spring, Serbia is forced to ask the IMF for financial support. The fiscal policy is not the only weak point of the Balkan country.
October 8, 2013
UK: Growth Potential in CESEE
According to the IMF, the UK economy is not diversified sufficiently. Now, UK promotes exports to the CESEE region.
October 5, 2013
CESEE: Recovery Slow, but Stable
Corporate sentiment improving in major CEE countries as well, as the economic recovery begins to take root. Low point in interest rates has essentially been reached, rises in yields to follow trends in the developed markets, RZB says.
October 4, 2013
World Bank Supports Financial Reporting in CESEE
The World Bank launched a new program to strengthen corporate financial reporting in the countries of the EU’s Eastern Partnership.
October 3, 2013
Pecik to Buy Hypo Group´s SEE-Affiliates?
The Austrian investor Ronny Pecik is said to be interested in acquiring the Southeast European subsidiaries of nationalized Hypo Group.
October 2, 2013
New Economic Strategy for SEE
On Tuesday, economic experts held a meeting in the Albanian capital Tirana to examine a draft strategy for development and employment in the SEE region until the year 2020.
October 2, 2013
IMF Watches Serbia Carefully
Serbia still considers entering a loan agreement with the IMF. First talks were initiated this week.
October 1, 2013
Serbia: Minor Growth of GDP
Serbia's real GDP growth in second quarter of year stands at 0.2%
October 1, 2013
Serbia’s EU Accession Talks to Start in January 2014
Talks on Serbia's EU accession to start no later than January.
October 1, 2013
Hypo Group: Sale of Assets in SEE to Take Forms
The nationalized Austrian bank Hypo Group sells its assets in Southeastern Europe. The SEE-holding company will be established until the beginning of October.
September 29, 2013
Hungary: Competitiveness of Industrial Sector Shrinks
Regarding Hungary´s competitiveness, there is a clear downward trend. This year, Hungary is expected to achieve an economic turnaround.
September 24, 2013
Serbia: EU Screening in Late September
Serbia’s EU accession explanatory screening will start in Brussels on 25 September.
September 24, 2013
Head of Slovenia’s Chief Bank Arrested
Janko Medja, manager of Slovenia’s most important bank NLB, was arrested because of suspicion of corruption.
September 20, 2013
“Serbia Becomes the Driver of Reforms on the Western Balkans”
The Austrian government supports Serbia’s pro-European course.
September 18, 2013
EU Commissioner Füle Encourages Albania
EU Commissioner Štefan Füle discusses Albania's path to EU with new PM
September 18, 2013
Barroso: “Albania’s Future Is in The European Union”
President of the EU Commission Barroso is confident about Albania’s commitment.
September 17, 2013
Gazprom to Team Up With Macedonia
Russian energy giant Gazprom is interested in cooperating with FYR Macedonia.
September 17, 2013
Boom in CESEE Will not Return
In the next years, the growth rates of the pre-crisis will not come back in the CESEE region. For the banking industry, the region is still a substantial risk factor.
September 14, 2013
Serbia Welcomes Russian FDI
Serbian Prime Minister announced that his country was interested in Russian investments.
September 13, 2013
Turkish Dogus Group Not Interested in Hypo Alpe Adria
A high-ranking representative of Turkish Dogus Group denied that the corporation was interested in taking over Austrian bank Hypo Alpe Adria. In an interview with “Wall Street Journal” he claimed there had been no negotiations with Hypo.
September 10, 2013
TAP: Surveys with Contractors to Begin
Trans Adriatic Pipeline has authorized its contractors to start surveys.
September 9, 2013
Serbia: Plans to Reform Pension System
Serbia plans reform of pension system by year end.
September 9, 2013
World Economic Forum: Competitiveness of Western Balkans
Former Yugoslav countries and their competitiveness according to the World Economic Forum annual report.
September 6, 2013
Serbia: UK Enterprises Likely to Invest in Serbia
70 British companies are interested in investing in Serbia's economy.
September 6, 2013
Another Austerity Package in Austria?
Due to the dismal situation of nationalized banks, the economist Christian Keuschnigg anticipates another austerity package after the election at the end of September.
September 6, 2013
Serbia's Government Regards Economy as Priority Issue
"Solving economic problems is a priority of the reshuffled government"- Serbian Prime Minister.
September 5, 2013
Serbia: SAA Agreement with EU in Effect
SAA agreement between EU and Serbia is now in effect.
September 3, 2013
Serbian Parliament Approves Cabinet Reshuffle
The Serbian parliament has approved a profound reshuffle of Prime Minister Ivica Dacic’s cabinet.
September 3, 2013
Slovenia: Telekom Austria Hesitates
The Vienna-listed Telekom Austria Group has two major growth opportunities in Slovenia. Slovenian Telekom and Telemach are for sale.
September 3, 2013
EU Approves Hypo Group´s Restructuring Plan
The re-privatization of the Austrian publicly held banking group was approved by the Commission. According to the Commission´s report, Hypo Group´s expansion strategy was highly dangerous.
September 2, 2013
Austrian Banking Sector Burdened Heavily With NPL
In total, non-performing loans held by Austrian banks come at € 150bn. This corresponds to 48% of Austria´s GDP.
September 2, 2013
Hypo Group Considers IPO
The Austrian nationalized bank takes an IPO of its Eastern subsidiaries into account.
August 31, 2013
Serbia: SMEs Driver for Economy
Serbia's private sector employs 45% of the total number of employees.
August 30, 2013
EU Commission: EU Integration Important for Macedonia
"EU integration continues to be important to all political parties in FYR Macedonia" - Füle
August 27, 2013
Adria Airways to be Acquired by China Southern Airlines
Chinese Southern Airlines wants to gain a foothold in the Slovenian air traffic sector. Besides Adria Airways, Ljubljana Airport will be privatized.
August 25, 2013
Former Austrian Chancellor to Counsel Serbian Government
Former Austrian Chancellor Alfred Gusenbauer (SPÖ) was invited by the Serbian government to advise and support it on their path to the European Union.
August 21, 2013
Austria: Kranebitter to Leave Hypo Group
After three and a half years, Gottwald Kranebitter steps back as CEO of nationalized Hypo Alpe Adria. Tax payers are left with a burden running in the billions in the years to come.
August 19, 2013
Telekom Austria Has Still Growth Plans in Serbia
According to market rumors, the Vienna-listed telecommunication group is interested in taking over Serbia Broadband.
August 17, 2013
New Erste Group Loan Contributes to La Fantana Recapitalization
La Fantana, the leading bottler and distributor of water in Romania, announced it has successfully raised EUR 34mn in debt financing. La Fantana is controlled by private equity funds managed by Innova Capital.
August 13, 2013
Raiffeisen Bank International AG - SWOT Analysis & Company Report
This report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.
August 8, 2013
Serbia: Attempted Murder on Deputy PM Vucic Prevented
According to Belgrade daily “Nase novine“, Serbian Intelligence Service BIA was able to prevent an attempted murder on Deputy Prime Minister Aleksandar Vucic.
August 7, 2013
Serbia: Public Debt Grows Unstopped
At end-March 2013, public debt of the Republic of Serbia4 amounted to EUR 19.4 bln, up by EUR 1.7 bln on end-2012.
August 7, 2013
Serbia: Moderate Upward Trend
In the first three months, Serbia´s GDP was up by 0.5%. However, domestic demand is still declining.
August 6, 2013
Strong Signs of Life in CESEE Airline Sector
After a couple of difficult years, the airline industry in the CESEE region takes a re-start. In Hungary and Serbia, Arab investors have entered the stage.
August 5, 2013
Serbia: Capital Outflow Decelerates
At least, the pace and Volume of Capital Withdrawal by Foreign Banks Declines in the First Half of 2013.
August 2, 2013
CESEE Remains Attractive for Austrian Investors
According to a survey, the region of CESEE is still attractive to Austrian investors. Particulary the bigger countries – Poland, Turkey and Russia – are becoming even more popular.
August 1, 2013