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Turkey in Austria | Turks in Vienna | Bilateral Relations

Voestalpine Expands into the Gulf Region

The Austrian steel group will manufacture rail components for Saudi Arabia over a joint venture.

November 16, 2010

Verbund: Further Expansion in Turkey

The power company intends to increase its presence in the rapidly growing Turkish market. But above all, investments will be made in Austria.

November 10, 2010

Heinzel Group: Unrestricted Expansion

This year, the Austrian paper group expects a turnover of 650 million euro; in 2011 the billion mark will be exceeded.

November 9, 2010

DO & CO: Capital Increase by 25 Percent

DO & CO has decided to carry out a capital increase of 25 %.Maximum subscription and offer price amounts to EUR 21.90.

November 8, 2010

Financing of OMV-Deal in Turkey Still Open

OMV leaves the financial markets still in the dark as to how it will cope with the acquisition.

October 25, 2010

Large Power Plant in Turkey: Verbund concludes Joint Venture

With an investment volume of 550 million euro, the Verbund operates together with its Turkish partner Sabanci Holding, a gas-steam power plant.

October 25, 2010

OMV: Complete Takeover of Petrol Ofisi Fixed

The deal is finished. Turkey will be the third main market for the OMV group.

October 22, 2010

Major Project for Siemens Austria in Georgia

Siemens Austria is involved in a project to develop the electricity industry in Georgia. The infrastructure project will act as a bridge between Russia and Turkey.

October 22, 2010

OMV Deal: Many Questions Without Answer

Not only the extent of the takeover is unknown, but also how it will be financed.

October 22, 2010

OMV Plans Complete Takeover of Petrol Ofisi

OMV and Doğan Holding are in detailed negotiations regarding an acquisition of Dogan Holding’s stake in Petrol Ofisi by OMV

October 20, 2010

Do & Co Expands Rapidly in Turkey

After the successful expanion with Turkish Airlines, Do & Co plans to enter the event-catering market

October 18, 2010

Vienna Insurance Group: increase the proportion of TBIH to 100 percent

After taking the lead in the TBIH Financial Services Group NV (TBIH), the Vienna Insurance Group agreed with Kardan Financial Services BV to acquire its minority stake of 40 percent.

July 23, 2010

Andritz to supply electromechanical equipment for Ilisu hydropower station, Turkey

International technology Group Andritz will supply electromechanical equipment with a total value of approximately 340 MEUR as part of the construction of the Ilisu hydropower station in Turkey.

June 15, 2010

Verbund to expand in Turkey

The subsidiary of Verbund and Sabanci Holding wants to bid on privatization auction of electricity networks in Turkey.

May 18, 2010