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Slovakia in Austria | Slovaks in Vienna | Bilateral Relations
Austria and Slovakia - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
A Las Vegas for Europe
On the Austria-Hungarian border, the European “EuroVegas” gaming metropolis is to be built for € 5.0bn.
December 8, 2010
Raiffeisen Bank International's direct bank Zuno launches in Slovakia
Zuno, which target Internet-focused customers, launches operations in Slovakia. Additional CEE countries will follow in 2011.
December 6, 2010
Austria's Position in the CEE Region Shakes
According to the Roland Berger consultancy agency, Austria receives not only competition in the CEE countries, but the importance of the region also decreases from a global viewpoint.
December 1, 2010
Immofinanz Expands into the Czech Republic and Slovakia
Immofinanz established a new retail concept: STOP.SHOP. has grown in both importance and size in recent years. The Czech Republic and Slovakia are the most important countries.
November 11, 2010
Erste Group: CEE Companies More Efficient than Western Counterparts
CEE companies are more efficient, more profitable and less indebted as Western companies. The German corporate sector is the only sector to compete with CEE companies.
November 10, 2010
Raiffeisen CEO Stepic: CEE Continues Being Europe’s Growth Driver
The boss of Raiffeisen Bank International Bank (RBI), Herbert Stepic, sees the CEE region continuing as long-term growth driver for Europe.
November 8, 2010
Wienerberger Plans Full Takeover of Semmelrock International
The purchase of the remaining 25% stake in Semmelrock International has been announced today. Wienerberger regards the acquisition as a “logical step”.
October 29, 2010
Vienna International Airport: Business With Low-Cost Carriers booms.
A significant portion of Vienna International Airport’s sales are achieved with low-cost airlines. The airport's boss wishes a more extensive partnership with the Bratislava location.
October 21, 2010
Coface CEE Top 500 - Poland Largest Number of Companies in CEE
Poland has the largest number of companies in the Central and Eastern Europe Top 500 with 28.4%. Hungary ranks second with 16.6%, overtaking the Czech Republic, which is home for 13.8% of the CEE Top 500.
October 12, 2010
Slovakia: Changes in Automobile Production Trend
Manufacturers operating in Slovakia invest again. Total production in 2010 may reach over half a million vehicles. An opportunity for foreign suppliers.
October 12, 2010
RZB Group Tatra banka among Lead Managers for Slovak Republic EUR 2 Billion Benchmark Bond
Tatra Banka (RZB Group), HSBC, SG CIB and UniCredit Bank Slovakia placed a Slovak Republic issue with a maturity of fifteen years.
October 11, 2010
Bratislava: Investment in Slovak 'Las Vegas' in Danger
Bratislava might lose the planned amusement park "Metropolis", with an investment amount of 1.5 billion euro, if the Slovak government revokes the already approved tax concessions.
October 7, 2010
Bogner Edelstahl Continues to Grow
Austrian stainless steel specialist Bogner is pursuing an ambitious expansion plan in spite of the sales drop.
September 30, 2010
Demmers Teehaus Seeks Entry into New CEE Markets
The Austrian tea specialist Demmer, who is expanding into CEE with a franchising strategy, wants to enter new markets.
September 30, 2010
CEE Real Estate: Outlook is brightening
CEE real estate stocks are currently in a phase of brisk corporate action. Financially sound companies with attractive assets are interesting takeover targets, while other companies are being taken over.
September 27, 2010
CEE Banking Sector Report: Still More Credit Losses in the East
The number of bad loans is expected to increase considerably in some Eastern European countries, a Raiffeisen-analysis shows.
September 21, 2010
Strabag acquires property und facility management service provider in the Czech Republic
The acquisition of 100% of ECM Facility a.s., Prague garantes the number 5 position in property & facility management in the the Czech Republic.
September 20, 2010
CEE Companies in a Turmoil
According to a study by Deloitte, last year Eastern Europe’s top 500 companies showed a clear decline in sales.
September 14, 2010
Slovakia increases VAT temporarily
As soon as the budget is back on its feet, the tax will be 19 percent again, according to Prime Minister Iveta Radicova. A deficit of up to eight percent is forecast for 2010.
September 9, 2010
Horváth & Partners Study - CEE remains attractive
A new study of the Horváth & Partners Management Consultants studied the success factors for setting up the subsidiaries of production sites in CEE.
September 8, 2010
Raiffeisen Centrobank AG - Interim Financial Report released
Raiffeisen Centrobank made the biggest contribution to the result of the group with a profit after tax of EUR 14.401 mn.
August 31, 2010
Austrian Banks in Central, Eastern and Southeastern Europe
According to a recent comparative study from the Austrian Central Bank (OeNB), the long-term commitment of Austrian banks in Central, Eastern and Southeastern Europe (CESEE) offers good prospects.
August 27, 2010
Migration barriers - Austria missing out on Human Capital
Due to existing migration barriers, Austria looses highly skilled workers who are hard to find, especially in the years of the boom in the domestic labour market.
June 23, 2010
Gazprom plans to enter Slovakian market
The gas company will take over the subsidiary Energo Vemex in Slovakia.
June 16, 2010
Raiffeisen launching Zuno
Raiffeisen International is starting a direct bank with the pretty name Zuno, which will start this year in Slovakia.
June 8, 2010
Strabag to team up with Lafarage
Strabag boss Hans Peter Haselsteiner said today his company wanted to protect itself from volatile cement market prices as the firm is set to cooperate with the cement production’s world market leader.
May 26, 2010
Lafarge and Strabag to create a common company in cement in CEE
Lafarge, the world leader in building materials, and STRABAG, Central and Eastern Europe´s largest construction company, are combining their cement activities in several countries of Central Europe.
May 25, 2010