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Konrad confirmed as advocate-general for Raiffeisen
Christian Konrad is elected for another four years.
June 15, 2010
Conwert Immobilien Invest SE - voluntary public takeover offer for ECO Business-Immobilien AG
Conwert Immobilien Invest SE, listed on the Vienna Stock Exchange, announces that it will submit a voluntary public takeover bid to all the other shareholders of ECO Business-Immobilien AG.
June 15, 2010
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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
Dairy firms Tirol Milch and Berglandmilch to merge
Austrian dairy companies Tirol Milch and Berglandmilch are reportedly planning to merge operations and create the nation’s largest dairy company.
June 14, 2010
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Kogler accuses Leitl of fiscal incompetence
WKÖ chief to submit reorganization plan or to remain silent.
June 14, 2010
OMV could be an accomplice in war crimes and crimes against humanity
OMV produced oil from 1997 to 2003 in sector 5A in Sudan. The current report of the European Coalition on Oil in Sudan (ECOS) provides new evidence that there is a direct link between oil production and the intensification of the conflict.
June 14, 2010
Survey - Restrictive lending in Austria
In a survey of the Credit Protection Association (KSV 1870) entrepreneurs declared, that borrowing is currently slow, and the allocation restrictive.
June 14, 2010
Vienna Stock Exchange - Wienerberger and Voestalpine very robust
The Vienna Stock Exchange ended Monday’s trading day with weak volume and higher prices. The ATX rose 42.66 points, or 1.81 percent, to 2405.77 units.
June 14, 2010
OeNB revises growth forecast for 2011 and 2012
Austria's economy will grow 1.6 to 2.1 percent from this year to 2012 to 2.1 percent, as estimated by the Austrian National Bank.
June 14, 2010
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OMV remains Austria's largest company
OMV leads the current list of the 500 most profitable companies, despite registering a loss of revenue.
June 14, 2010
ECO Business-Immobilien AG sells Opernringhof in Vienna for €101m
ECO Business-Immobilien AG announces the upcoming sale of the Opernringhof in the first district of Vienna for EUR 101 million. The object will be sold to an Austrian private investor for a price significantly above the current carrying value.
June 14, 2010
Austria has 39,077 dollar-millionaires
The number of dollar millionaires did not only rise in Austria but also increased substantially worldwide.
June 11, 2010
Pröll - Austria will introduce a bank tax in a solo attempt.
"The bank tax will be discussed together with the banks and it will be implemented, I stand for that," announced Finance Minister Pröll.
June 11, 2010
Hochhauser - Austria's business landscape is becoming more and more an female entrepreneur landscape
Special Prize of the Economic Chamber of Austria "women in leading positions" goes to Margaret Fürtbauer.
June 11, 2010
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Miba AG makes a strong start to the new business year
Miba, strategic partner to the international engine and automotive industry, had a strong start to the new business year.
June 11, 2010
Green Party Vienna sharply criticises the Summit Bank
"Scandalous interplay of politics and banks'
June 11, 2010
AE&E scores a contract over EUR 20 million
The AE&E Group will supply three heat recovery steam generators for a new industrial combined cycle power plant in Stade a North German town, Lower Saxony.
June 11, 2010
Fresh money for upcoming infrastructure projects
If it was for the BZÖ party, parts of the ÖBB should by privatised by being listed.
June 10, 2010
Austria's economy further weakens
The gross domestic product of Austria fell in the first three months of this year by 0.1 percent.
June 10, 2010
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Austrian President Dr. Heinz Fischer - banks should also make contribution to costs of the crisis
Austrian President Dr. Heinz Fischer said today at the IIF conference in Vienna "a developed social system and equitable distribution of income and wealth for the economic efficiency and political stability of a country are particularly important".
June 10, 2010
IIF Meeting - Viennese outcry against Basel
At its meeting in Vienna on Thursday, the World Bank Association IIF (Institute of International Finance) presented a study on the impact of stricter banking regulations.
June 10, 2010
Skylink-time and on budget-holding
Listed “Flughafen Wien” sticks to its initial statement that completion and commissioning of the terminal expansion Skylink will be expected in the first half of 2012.
June 10, 2010
Securing the future of the GM plant in Vienna-Aspern
Economy points to larger role of GM Powertrain in the restructuring plan.
June 10, 2010
Andritz to upgrade CMPC Celulosa´s Santa Fe mill, line 2, Chile
International technology Group Andritz will deliver the equipment for a capacity increase of line 2 at CMPC Celulosa´s Santa Fe mill, Chile.
June 10, 2010
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SW Umwelttechnik - Order intake - First Bulgarian and Moldovan projects
A new canalisation system consisting of a sewer drain and a wastewater treatment plant is being constructed in Rousse with the help of EU aid programmes.
June 10, 2010
Service sector achieved increase of turnover by 1.2% in the first quarter of 2010
According to Statistics Austria, based on results for the first quarter of 2010, turnover of Austrian services enterprises at nominal values rose by 1.2% compared to the first quarter of the year 2009.
June 9, 2010
Slight increase in trade deficit
In the first quarter of 2010, according to “Statistik Austria”, goods worth of €24.89b, were imported which is 3.8 percent more than last year.
June 8, 2010
ÖBFA wants to sell more government bonds to the public
The Austrian Federal Financing Agency ÖBFA launches an information campaign, with the aim to increase the interest of private investors and their savings in form of Austrian government bonds.
June 8, 2010
Manpower - Employment Outlook for third quarter in 2010
As reported 13% of domestic recruiters intend to higher workers. Only 5% have to reduce staff. 88% can cope with current employee numbers while 2% still fluctuate.
June 8, 2010
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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
Rosenbauer International AG - major order from Saudi Arabia
Rosenbauer, a leading manufacturer of fire fighting vehicles, has once again received a major order from the Saudi Arabian Ministry of the Interior.
June 8, 2010
Raiffeisen banks are approaching reunification
Raiffeisen International, performed better than expected in the first quarter of 2010.
June 8, 2010
123people wins Venture Capital & Private Equity Award 2010
Jury commends startup success story, "Made in Austria"
June 8, 2010
Change at the ÖBB top - Kern replaces Klugar
The current Verbund manager Christian Kern takes over the top job of Peter Klugar at Österreichische Bundesbahnen (ÖBB).
June 7, 2010
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Vassilakou - 50,000 new green jobs in Vienna possible
"50,000 new green jobs are possible in Vienna," says the club chairwoman of the Greens Vienna, Maria Vassilakou, in reference to a study by Greenpeace presented today in Berlin, that the world could produce 8.5 million jobs in the renewable energy.
June 7, 2010
National Board of Machine Trade has a new chairman - Ulrich Fuchs
At the inaugural meeting of the National Board of Machine Trade, Ulrich Fuchs was elected Chairman by top representatives.
June 7, 2010
Austrian Export Day - Summit of the Austrian export industry
In these economically challenging times for companies, greater efforts are needed to internationally to take off.
June 7, 2010
Wholesale prices in May 2010 - plus 4.9% compared to the previous year
The index of wholesale prices, (GHPI 2005), for the month of May 2010, registers 110.6 (provisional figure), an increase of 0.4% over that of the previous month according to calculations of Statistics Austria.
June 7, 2010
Institute of International Finance meeting in Vienna - Soros, Papandreou, Ackermann participating
The IIF expects a large gathering of the world’s leading bankers and investors to attend the 2010 IIF Spring Membership Meeting.
June 7, 2010
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Rosenbauer International AG - The new AT - the municipal fire service vehicle of the future
The AT from Rosenbauer has been a byword among fire services for more than 15 years. Moreover, ever since the first generation, it has been subject to ongoing improvements and in the meantime, over 2,000 vehicles are in operation worldwide.
June 7, 2010
Vienna Stock exchange remaining at low
The ATX currently commutes listlessly at a low level. Although we had missed the best trading day due to a bank holiday, no noticeable performance compensation was observed on Friday.
June 4, 2010
Schieder wants ban on short selling
The Financial Secretary sees Germany as role model.
June 4, 2010
Presentation of local top companies to institutional investors in New York
A roadshow will be presented in New York for the first time a cooperation between Crédit Agricole Cheuvreux and the Vienna Stock Exchange.
June 4, 2010
EVN scores a gas deal in Croatia
A new gas pipeline built by Austrian energy provider EVN will provide thousands of Croats.
June 2, 2010
WIFO - Economy of the industrialized states in 2009 is suffering greatly from export decline
The economic situation in the Austrian Provinces in 2009 was hit by the economic crisis especially the manufacturing sectors.
June 2, 2010
Tumpel - draw lessons from the crisis
"The financial markets and their actors have brought the worst economic crisis since the Second World War "says Austrian Chamber of Labour President Herbert Tumpel...
June 2, 2010
STRABAG wins new large orders worth € 156 million in Romania and Abu Dhabi
STRABAG, Central and Eastern Europe’s largest construction company, has won two new large orders in Romania and Abu Dhabi.
June 2, 2010
Tumpel pleased with labour market revitalization
"The recovery in the labour market is a welcomed development. This shows that the economic stimuli programmes and actions of the Minister of Social Affairs are important and correct, "says AK President Herbert Tumpel.
June 1, 2010
Voestalpine - Difficult business year 2009/10 successfully mastered
Due to the extremely challenging economic circumstances, in the business year 2009/10, the voestalpine Group incurred a significant decline in revenue and operating result compared to the previous year.
June 1, 2010
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