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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


Bösendorfer hopes for profit from 2012

With the return to profitability Bösendorfer will again produce 300 grand piano annually in Wiener Neustadt.
June 1, 2010


Bene AG - Change in the composition of the management board

Roland Marouschek has resigned his mandate as a Member of the Management Board and Director of Sales and Human Resources.
June 1, 2010


Transport volumes of rail transports decreased significantly by 18.7% in 2009

The economic crisis affected transportations on the Austrian railway network as well.
June 1, 2010


Provisional number of new passenger car registrations in May 2010: -1.9%

According to provisional results, a total of 29167 new passenger cars were registered in May 2010, representing a decrease by 1.9% compared to May 2009.
June 1, 2010


C.A.T. Oil AG further improves profitability and earnings under abnormally harsh weather conditions

C.A.T. oil AG (O2C, ISIN: AT0000A00Y78), one of the leading providers of oil and gas field services in Russia and Kazakhstan, today has published its results for the first quarter 2010.
May 31, 2010


Annual Economics Conference of the OENB discusses “Central Banking after the Crisis”

Each spring, the Economics Conference of the Oesterreichische Nationalbank (OeNB) provides a forum for policymakers, academics and the interested public to discuss topical issues in economic policy.
May 31, 2010


Lauda wants to sue Republic of Austria

FlyNiki boss Niki Lauda wants to sue the aeronautical authorities of the Republic of Austria for damages because of the loss for his airline due to the bans as a result of the Icelandic ash cloud.
May 31, 2010


Banks are approaching reunification

Raiffeisen International, the listed Ostbankenholding of the sector, has ended the first quarter of 2010 better than expected.
May 31, 2010


Chief Justice - AvW to pay investors

The Supreme Court declined a revision. The ruling is regarded as indicative of the current 400 million euro investment scandal.
May 31, 2010


Eurostat confirmed steady deterioration of Austria to the electricity and gas prices

The European Statistical Office (Eurostat) recently released the latest budget for electricity and gas price.
May 31, 2010


Telekom Austria approves dividend of 75 cents

Austria's telecommunications service provider Telekom Austria decided at its regular meeting today, a dividend of 0.75 euros for 2009.
May 28, 2010


Uniqa - First quarter with more profit and premium income

The listed company Uniqa insurance managed to increase first quarter profit and premium income.
May 28, 2010


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