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Vienna Stock exchange - Turbulent week with a strong rebound
The Vienna Stock Exchange experienced a shortened, but no less dramatic week. Although on Tuesday after Pentecost a new low was registered, it was followed by a strong rebound.
May 28, 2010
Hypo-Alpe-Adria - Carinthia and Bayern to co-operate
For the first time in the history of judicial prosecution, Munich and Klagenfurt agreed to a formation of a "joint investigation team ", in the case of Hypo-Alpe-Adria-scandal.
May 28, 2010
The transport volume in road freight transport decreased in 2009 by almost 9%
According to calculations by Statistics Austria 336.6 million tons of goods were transported by road vehicles for the transport of goods registered in Austria on 26.0 million laden journeys.
May 28, 2010
Women’s Report 2010 - Women’s earnings still lower than men’s
Women earn 25.5% less than men in Austria. This is the result of an analysis carried out by Statistics Austria on the situation of women in Austria for the "Women’s Report 2010".
May 28, 2010
Austrian federal government is now sole owner of the Federal Reserve
The price fluctuations in international currency markets helped the Austrian National Bank (OeNB) in 2009 to a strong profit increase.
May 27, 2010
Lufthansa and AUA launch cargo subsidiary in Vienna
The two subsidiaries, Lufthansa Cargo, Lufthansa and Austrian Airlines (AUA) have established a joint cargo subsidiary in Vienna.
May 27, 2010
Petrol price boards
Last summer’s petrol price regulation came into force, whereby the oil companies can raise prices only once a day. This should be extended in an improved form.
May 27, 2010
Telekom Austria AG - Results for the First Quarter 2010
Revenues decline by 5.9% to EUR 1,126.0 million primarily driven by lower revenues in domestic operations and Bulgaria.
May 27, 2010
New FMA standards against money laundering
In the future, all transfers in Austria can be traced back; donations to certified organizations and payments of up to € 1000 are exempt.
May 27, 2010
Warimpex successfully completes capital increase
In a difficult environment on the financial markets Warimpex successfully completed its capital increase by placing 14,400,001 new ordinary shares, representing approximately 36% of the existing share capital.
May 27, 2010
OeNB Raised its Operating Profit to EUR 318 Million in 2009
In 2009, the Oesterreichische Nationalbank (OeNB) achieved a somewhat higher operating profit than in 2008.
May 27, 2010
AGM of C-QUADRAT Investment AG
C-QUADRAT Investment AG achieved a significant year-on-year increase in its consolidated net profit for the year and looks back on a successful financial year 2009.
May 27, 2010
BWT AG - AGM agrees on all items of the agenda
The AGM of BWT Aktiengesellschaft passed all items of the agenda. The dividend was raised to EUR 0.40 per share after EUR 0.38 last year and will be discounted on May 31st and paid on June 2nd.
May 26, 2010
Conwert shows satisfactory operating development in the first quarter of 2010
Conwert Immobilien Invest SE recorded a satisfactory operating development with stable rental income and service revenues in the first quarter of 2010.
May 26, 2010
SW Umwelttechnik - Quarter 1 results
Quarter 1 turnover reached the same level as that of the previous year even though it was a severe and snowy winter - the result was noticeably improved due to the instigated cost saving measures and focusing on locally financed projects.
May 26, 2010
Austria's energy - unilateral emission reduction not purposeful
“The European Commission’s statement on a planned unilateral act on emission reduction is rejected by the Austrian energy sector, "said Secretary General Schmidt.
May 26, 2010
Leitl - No to Bank tax charged - European financial transaction as better solution
"The economy needs a permanently stable financial system. But not at the expense of savers and Investors"
May 26, 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
Jank - Vienna also requires No. 1 for business friendliness
Chamber of Commerce Vienna President Brigitte Jank is delighted about Vienna’s top spot in the current Mercer survey. For international managers, Vienna continues to claim the title as the city with the highest quality of life.
May 26, 2010
Mitterlehner referring to OECD forecast - Export strength is key to real growth
OECD provides good evidence from Austria - to promote exports even further to play off long-term growth projection.
May 26, 2010
Austria - Economic Outlook Country Summary
The recovery is expected to gather momentum in 2010 and 2011 as foreign demand firms and policies remain broadly supportive.
May 26, 2010
Balda AG extends supervisory board
At the 11th general annual meeting the shareholders of the specialist in plastics Balda consistently approved the proposals of the company´s board of directors by a clear majority despite critical voices from shareholders.
May 25, 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
ÖGPI gas price index rises in June
The Austrian gas price index - ÖGPI (C) - recorded a rise for June from the previous month.
May 25, 2010
Andritz receives further major orders from stainless steel producers in China
International technology Group Andritz has received orders with a total value of about 50 MEUR from two stainless steel producers in China.
May 25, 2010
Siemens VAI Expands in China and India
Upper Austrian Siemens VAI wants to radically expand its activities in China and India.
May 25, 2010
Production Index in March 2010: -2.8% compared to March 2009
The seasonally adjusted production index for the Production Area (NACE 2008 B - F) recorded on the basis of 2005, according to calculations by Statistics Austria in March 2010, a 2.1% decrease compared to February 2010.
May 25, 2010
ÖBB (Austrian Nationalised Railway) - Bures: Save three billion €
Infrastructure Minister Doris Bures announced structural adjustments of various railway projects. As for the Brenner Base Tunnel, long-term financing is difficult to secure.
May 25, 2010
Austrian Airlines expands long-haul capacity
Austrian Airlines is expanding the long-haul capacity in its 2010/2011 Winter Schedule.
May 21, 2010
CEE oil & gas - MOL releases Q1 2010 financial results
The Hungarian-based MOL, one of the largest integrated oil and gas companies in Central and Eastern Europe, today posted its Q1 2010 unaudited financial results.
May 21, 2010
Manfred Url succeeds Erich Rainbacher as CEO of Raiffeisen Bausparkasse
Manfred Url succeeds Erich Rainbacher as CEO of Raiffeisen Bausparkasse, Johannes Schuster joins the board of RZB.
May 21, 2010
Sberbank partially repays subordinated loan to the Central Bank, positive signal to creditors
Sberbank, the largest bank in Russia and CIS, announced that it had redeemed the first RUB 200 bn tranche of the RUB 500 bn subordinated loan from the Central Bank of Russia.
May 21, 2010
Sparkassen Immobilien AG - Results of AGM
Stock exchange-listed Sparkassen Immobilien AG announces that the 75% majority required for the approval of the resolution in agenda item 7 with respect to the rights of participating certificates to conversion into ordinary shares was not achieved.
May 21, 2010
Immofinanz makes a hop – soon more shares on the market
Despite the announcement that in the coming months 55 million shares will be placed on the market, the share Immofinanz responded with an increase to the agreement with Constantia BV.
May 21, 2010
Solo attempt at transaction tax is possible says Chamber of Labour
"At purchase of every sausage roll a value-added tax is due, then why don’t financial speculators have to pay no sales tax for market transactions?
May 21, 2010
Austria’s fuel prices below EU-average
The Federal Ministry for Economic Affairs and Youth published the fuel price monitor of the European Commission...
May 21, 2010
Mitterlehner - IMD-Ranking as a confirmation of Austria’s growth
Minister of Commerce Reinhold Mitterlehner welcomes the better position of Austria in IMD's ranking of Competitiveness.
May 21, 2010
Austrian Post at a glance
The market environment faced by Austrian Post in the first quarter of 2010 continued to be difficult. Electronic substitution of letters is ongoing, as expected, whereas the advertising market is slowly improving.
May 20, 2010
Sparkassen Immobilien AG starts 2010 with a strong first quarter
Stock exchange-listed Sparkassen Immobilien AG has started the financial year 2010 with a strong first quarter: the major financial indicators have improved significantly compared with the same period last year.
May 20, 2010
Vienna Insurance Group in the first quarter of 2010 - Best first quarter in the corporate history
In the first quarter of 2010, Vienna Insurance Group reported a total of premiums written of EUR 2.53 billion.
May 20, 2010
ICCA publishes country and city rankings 2009
U.S.A. and Vienna still most popular association meeting destinations.
May 20, 2010
OMV to retreat from Russia
Austrian mineral oil company OMV wants to focus on Asia and therefore completely retreats its activity from Russia.
May 20, 2010
Stock Exchange opposes government’s attempt policy regarding introduction of transaction tax
Austria Stock Exchange expresses vehement discontent with the Austrian government’s intention to introduce the transaction costs in a solo attempt.
May 20, 2010
Austrian Post with a 33.4 million profit in first quarter
The total revenue decreased by 1.6 per cent to €585.6m. Compared to last year 912 workers were fired. Future developments are hindered by difficult market situations.
May 20, 2010
Solo attempt as an infringement of regulation
It sounds uneventful, also hardly known by relevant experts however contains explosive substance in the context of the debated transaction tax.
May 20, 2010
Welcome Air to expand its flight network
According to the Austrian Times, Tyrolean airline Welcome Air announced today that it would expand its flight network by autumn this year.
May 19, 2010
Vienna fuel-price summit on 27 May
According to the Austrian Times, there will be a fuel-price summit at the economy ministry on 27 May, it was announced today .
May 19, 2010
Tiger Lacke to enlarge production capacity in China
According to the Austrian Times, upper Austrian firm Tiger Lacke has announced it will increase its production capacity from 10,000 to 15,000 tonnes of powder lacquer annually near Shanghai.
May 19, 2010
Atrium European Real Estate Limited - First Quarter Results
Atrium European Real Estate Limited - First quarter results deliver profit and show continued improvements in efficiency.
May 19, 2010
CEESEG - Institutional Investors’ Demand Increasing Again
The institutional investors’ demand for the companies listed on the member exchanges of CEESEG is growing again after the difficult market situation following the financial crisis.
May 19, 2010
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