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Jank: Vienna Leads in Company Start-Ups
Almost 8,000 enterprises founded in 2010, a quarter of all Austrian start-ups, comes from Vienna.
February 10, 2011
Potential for Austrian Construction Industry in Poland
Market experts predict a sharp increase in construction activity: a market growth of up to 12% is expected for the next two years.
February 10, 2011
Results of the Crisis: Austria in 14th Place Among 37 Countries
Austria is one of the five EU countries least affected by the global crisis.
February 10, 2011
Hypo Group Changes Leadership in Slovenia
Both the Slovenian subsidiary bank and the leasing company will receive a new leadership for "restructuring reasons".
February 10, 2011
Property Restoration Provides Hopes for Growth and Employment
With the release of € 400m for thermal rehabilitation, five times as much is to be generated in sales. Up to 80% of this amount stays in Austria.
February 10, 2011
Upward Trend for CEE Insurance Stocks
CEE insurance stocks to get a boost from rising profits, cheap valuation and stronger investor demand.
February 10, 2011
Car Registrations Rising Considerably
January 2011: New passenger car registrations in Austria increased by 22.5%.
February 10, 2011
More Passengers at Austrian Airlines
Austrian Airlines Traffic Result for January 2011: 2.1 Percent Increase in Passenger Volume. 690,000 flight guests were carried.
February 10, 2011
Vienna Stock Exchange: Winners and Losers (2011-02-09)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 10, 2011
Burger is the New Chairman of the Vivatis Group
The food company, owned by RLB Oberösterreich obtains an industry expert with Armin Burger.
February 9, 2011
OMV Capital Increase Likely
Due to massive acquisitions in recent months, the Austrian OMV has to refinance. A capital increase is the most favorable option.
February 9, 2011
Strabag: Poland as a Replacement for Russia?
Sales of the Austrian construction company in Russia are slow in coming. Instead, other growth regions could be pushed.
February 9, 2011
Verbund Intends to Grow in Italy and France
The Austrian-Italian joint venture Sorgenia is to expand its commitment to renewable energies in Italy and France.
February 9, 2011
Vienna Stock Exchange: Winners and Losers (2011-02-08)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 9, 2011
Business Climate Improves in Eastern Europe
According to the Austrian Kontrollbank (OeKB), the Business Climate Index has risen in Eastern Europe for the seventh consecutive time.
February 9, 2011
Eastern Europe Slows Siemens Austria Down
The pre-crisis level has not been reached yet, says CEO Hesoun. Public savings programs prevent the technology company's growth.
February 9, 2011
Kapsch Wins Order in Serbia
The Austrian Kapsch CarrierCom wins another order from Southeastern Europe with DataXtender.
February 9, 2011
Rising Bankruptcy Fears in Eastern Europe
The Austrian Creditor Protection Association “Creditreform” foresees a further rise in bankruptcies in Eastern Europe. The economic crisis is not over yet.
February 9, 2011
150 New Bank Austria Branches in Eastern Europe
The new board of the CEE Division of Bank Austria presented the group's expansion plans for Eastern Europe. By 2015, 900 branches are to be added.
February 9, 2011
Kneissl is Insolvent
Parts of the Austrian Kneissl group have started insolvency. Sheikh Al Jaber’s capital contribution did not take place.
February 8, 2011
bwin: Possible Separation of the Swedish Subsidiary
Following the merger between the Austrian bwin and the British PartyGaming, bwin could be parted from the Swedish Ongame.
February 8, 2011
A-Tec: Bad News from China
Because of a joint venture gone insolvent in China in 2008, there are unpaid claims for about € 15m against the Austrian A-Tec.
February 8, 2011
Manpower Austria Increased Sales
The sales of the U.S. services group Manpower increased last year by 54% to € 130m in Austria.
February 8, 2011
Oil Prices Rose Sharply in December
The Energy Price Index (EPI) calculated by the Austrian Energy Agency rose 2.3% in December 2010 compared with the previous month.
February 8, 2011
Tension between ÖBB and ÖVP
The conflict over the finances of the Austrian State Railway between the ÖBB and the ruling ÖVP goes on.
February 8, 2011
Quanmax AG Achieves Record Sales
Sales revenues of the Austrian notebook manufacturer amounted to € 78m in 2010. For 2011, the company expects € 100m.
February 8, 2011
Bank Tax is "untimely" for ÖVAG
The Austrian Volksbank Group's CEO, Gerald Wenzel, expects expenditure of € 40m due to the bank tax.
February 8, 2011
Vienna Stock Exchange: Winners and Losers (2011-02-07)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 8, 2011
RBI Faces an Increase in Equity
The Austrian Raiffeisen Bank International will strengthen its equity, announces Attorney General Konrad.
February 8, 2011
Wholesale Price Index Strongly Rising
Austrian Wholesale price index in January 2011: +11.6% against January 2010.
February 8, 2011
Energie AG Plans Capital Increase
The Upper-Austrian energy company is to raise funds in order to realize further investment projects.
February 7, 2011
"Feibra" to Function as Discount Post
The Austrian Post is expanding its subsidiary Feibra. Letters are also to be sent in future.
February 5, 2011
ÖBB CEO Kern Closes In on Politicians
The CEO of the Austrian Federal Railways (ÖBB), Christian Kern, reacts angrily to accusations made by politicians.
February 5, 2011
Austria Savers Remain Cautious
For 67% of Austrian savers, savings’ security is a priority. High yields only plays a role for about 10% .
February 5, 2011
AMS Reports 2010 Vacancies Record
In 2010, 404,733 vacancies were reported, representing an increase of 50,575 jobs over 2009.
February 5, 2011
Sales Increase at Darbo
The Austrian jam manufacturer increased its sales by 5% in 2010. Already 42% go to exports.
February 5, 2011
WIFO Promotes Expansion of the State Holding
The Director of the Austrian Institute of Economic Research wants to concentrate all Austrian state-owned enterprises in the ÖIAG.
February 5, 2011
Berglandmilch Merger Approved
The merger between the Austrian market leader Berglandmilch and Tirolmilch was approved by the Federal Competition Authority (FCA).
February 5, 2011
Eder Considers European Manufacturing Industry is at a Disadvantage
For the CEO of the Austrian steel company voestalpine, the European manufacturing industry is at a disadvantage, despite innovative leadership.
February 5, 2011
Purchase of Petrol Ofisi Lowers OMV´s Results
In its Trading Statement Q4/10, OMV announces extraordinary expenses due to the major purchase of the Turkish Petrol Ofisi amounting to € 170m.
February 5, 2011
Change in the Management Board of RHI AG
Henning Jensen, previously CFO, becomes CEO of the Austrian refractories company.
February 5, 2011
Austrian Foreign Trade Figures Rising Strongly
From January to November 2010, Austrian foreign trade grew substantially. Imports and exports increased by 15.8%
February 5, 2011
OMV Sells OMV Wärme VertriebsgmbH
The buyer is a consortium led by RWA Raiffeisen Ware Austria AG. The Austrian energy company OMV regards its heating oil business as being restructured.
February 5, 2011
Vienna Stock Exchange. Winners and Losers (2011-02-04)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
February 5, 2011
RLB Burgenland’s Profits Increase
Burgenland's regional bank recorded an operating profit of € 49m for 2010, which represents a slight improvement compared with 2009.
February 4, 2011
Oettinger Increases Pressure on OMV
In an interview with the daily newspaper "Presse", the European Commissioner for Energy considers that OMV must move now regarding Nabucco.
February 4, 2011
Leitl Urges to Invest in the Future
Despite consolidation needs, the government has to invest more in education, research and innovation, says the President of the WKÖ.
February 4, 2011
Below Average Privatization in Austria, according to ECEG
Regarding privatizations, Austria is still far behind, according to the European Coalition for Economic Growth (ECEG).
February 4, 2011
Spanish FCC reaches for Alpine
The Spanish construction group FCC already has a share of 80% of the Austrian Alpine. The remaining 20% is to be also purchased now.
February 4, 2011
Austria Provides 1.09 million Beds for Tourists in 2010
In Austria, the bed capacity utilization in the winter season is higher than in the summer season.
February 4, 2011
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