Search: aua-austrian-airlines

Austrian Real Estate Market: Shopping Centers Under Pressure

Shopping centre market: old and less attractive models coming under increased pressure from online trading. This is reported by Bank Austria in its latest report “Real Estate Country Facts”.

Relevance: 1.00 · September 28, 2013

Austrian Elections 2013: Majority of Government Wobbles

Tomorrow, Austria will hold elections. The coalition between the social democrats (SPÖ) and the conservatives (ÖVP) has to fear that the majority may be lost.

Relevance: 1.00 · September 28, 2013

Austrian Competitiveness Under Pressure

Last year, Austrian labor costs grew stronger than productivity.

Relevance: 1.00 · October 1, 2013

Austrian Banking Package: Costs May Reach € 30bn

In total, the burden for Austrian taxpayers is expected to reach up to 10% of GDP.

Relevance: 1.00 · October 1, 2013

Österreichische Post AG / Austrian Post enters into exclusive negotiations to acquire a stake in Aras Kargo, Turkey

Relevance: 1.00 · April 15, 2013

Hypo Group to Sell Austrian Affiliate

On Friday the deal of nationalized Hypo Bank’s Austrian affiliate will finally be sealed. Indian Srei Group will become the new owner in all likelyhood. The company will pay € 60m to € 70m.

Relevance: 1.00 · May 29, 2013

US: Most Important Export Market for Austrian Wine

The United States have replaced Germany as the most important export market for Austrian wine.

Relevance: 1.00 · April 25, 2013

Forbes List: 11 Austrian Enterprises Among Top 2000

The ranking list published on Wenesday shows the most powerful global companies.

Relevance: 1.00 · April 18, 2013

Gazpromneft-Aero Signed Major Contract With Turkish Airlines

Gazpromneft-Aero signed a long-term contract with the Turkish airline transport company to refuel all flights.

Relevance: 1.00 · May 8, 2013

Gazprom May Face Proceedings by Austrian OMV

OMV considers arbitral proceedings against Russian Gazprom in case no joint solution will be found.

Relevance: 1.00 · October 9, 2013

Austrian Post: Enormous Growth Potential in Turkey

With a local partnership, the Vienna-listed Austrian Post wants to participate in the booming Turkish post market.

Relevance: 1.00 · October 9, 2013

Hungary: Lopatka Presses For Legal Security for Austrian Enterprises

State Secretary Reinhold Lopatka met with Hungarian State Secretary for European Affairs Gergely Pröhle in Budapest toda to urge for legal security for Austrian enterprises in the neighboring country.

Relevance: 1.00 · April 19, 2013

Croatia Airlines To Cancel Flights After Staff Went On Sick Leave

Croatia Airlines had to cancel 13 flights on May 1, after 25% of the airlines staff went on a sick leave, in what the heads of the airline consider a protest against changes to employment conditions.

Relevance: 1.00 · May 2, 2013

Austrian Government Desperate to Sell Hypo Group

Without an agreement for a new plan and without more time for the selling of the Eastern affiliates, the crisis-struck banking institute Hypo Alpe Adria Group will not be able to make up the balances anymore, according to Austrian newspaper Presse.

Relevance: 1.00 · May 16, 2013

Fekter Defends Austrian Bank Secret

With the reference to the agreement with Switzerland and Lichtenstein, Finance Minister Fekter tries to convince the EU Commission to leave the Austrian bank secret at the current situation.

Relevance: 1.00 · April 5, 2013

Austrian Bank Secrecy to be Abolished by 2016

EU Commissioner Algirdas Semeta recently stated that bank secrecy in Austria will expire since by then the automatic exchange of information will be implemented as a standard.

Relevance: 1.00 · February 24, 2014

Austrian Banking Package: Major Burden for Taxpayers

In total, the banking package has caused costs of more than € 6.4bn. Austrian taxpayers must expect further costs.

Relevance: 1.00 · July 19, 2013

Austrian Justice Minister to Support Serbia’s Approach to EU

Austria to enhance transfer of know-how in regard to the fight against corruption.

Relevance: 1.00 · June 5, 2013

Profitability: Austrian Banks Perform Worst

According to a current report published by A.T. Kearney, the Austrian banking industry suffers from a low profitability.

Relevance: 1.00 · July 23, 2013

Austrian Budget Planning to be Completed in May

The six groups in the National Assembley have agreed to the parliamentary plan for the first half year of 2014.

Relevance: 1.00 · January 13, 2014

IHS/WIFO: Austrian Hypo Group Needs Bad Bank

Christian Keuschnigg and Karl Aiginger claim that the nationalized Austrian bank should be split into a “good” and a “bad” part. Austria´s public debt would increase substantially.

Relevance: 1.00 · September 16, 2013

Stress Tests: Austrian Banks Demonstrate Optimism

Austrian banks are expected to pass the stress tests. However, the next years are expected to become challenging for the Austrian banking sector.

Relevance: 1.00 · October 23, 2013

Austrian Public Debt to Rise Further

Quarterly government debt first quarter 2013: € 231.6bn or 74.2 % of GDP.

Relevance: 1.00 · June 28, 2013

CESEE Remains Attractive for Austrian Investors

According to a survey, the region of CESEE is still attractive to Austrian investors. Particulary the bigger countries – Poland, Turkey and Russia – are becoming even more popular.

Relevance: 1.00 · August 1, 2013

Austrian Unemployment Rate Still Lowest in EU

EU27 unemployment rate at 10.9%.

Relevance: 1.00 · August 1, 2013

Austrian Government Skirting around Decision over Hypo

A paper reporting about the four options for downsizing Hypo Group has not been published by the government yet.

Relevance: 1.00 · January 31, 2014

Austrian Industrial Sector Gaining Stability

The upwards trend in Austrian industry picked up pace in October. Highest survey reading for two years signals clear pick-up of industrial activity

Relevance: 1.00 · October 30, 2013

Österreichische Post AG / AUSTRIAN POST ACQUIRES 25% STAKE IN ARAS KARGO, TURKEY

Relevance: 1.00 · June 21, 2013

Austrian Greens Put Forward Motion of Censure Against Fekter

The Austrian Greens intend to file a motion of censure against Finance Minister Maria Fekter. Party Leader Eva Glawischnig announced a “match of Greens against Fekter”.

Relevance: 1.00 · April 24, 2013

Austrian Zumtobel Sells Factory in Australia

Because of abandoning of a business area, Tridonic, affiliate of Austrian light producer Zumtobel, sells its magnetic plant in Melbourne.

Relevance: 1.00 · August 21, 2013

Alpine: Biggest Bankruptcy in Austrian History

Bankrupt-gone construction company Alpine operates at 1,400 construction sites and is supposed to complete orders in the amount of € 800m. The shutting down of the enterprise has been decided.

Relevance: 1.00 · June 25, 2013

London Roadshow with Austrian Companies

Austrian Companies with Erste Group and the Vienna Stock Exchange on Road Show to London

Relevance: 1.00 · January 27, 2014

Austrian National Bank: Hypo Bankruptcy Would Cost € 24bn

The nationalized Balkan lender Hypo Group Alpe Adria causes major difficulties. Although the bankruptcy would be the cheapest option for Austrian taxpayers, the Austrian National Bank tries to prevent this scenario by all means.

Relevance: 1.00 · February 5, 2014

Croatia: Pushing Ahead With Croatia Airlines Restructuring

Despite of protests of employees restructuring measures will be continued.

Relevance: 1.00 · May 3, 2013

Österreichische Post AG / AUSTRIAN POST 2013: SLIGHT RISE IN REVENUE AND EARNINGS IMPROVEMENT; OUTLOOK 2014 SHOWS CONTINUITY

Relevance: 1.00 · March 13, 2014

Austrian GDP Growth Above European Average

In 2012, Austria saw a growth of GDP of 0.9 percent which is signifantly above the European average.

Relevance: 1.00 · July 12, 2013

Austrian Economy Dependent on Neighbor Countries

Austria’s economy is getting through the crisis better than the Eurozone. However, the country owes this partly to neighboring countries.

Relevance: 1.00 · July 11, 2013

Austrian Post GEORG PÖLZL REAPPOINTED AS CHIEF EXECUTIVE OFFICER OF AUSTRIAN POST

Relevance: 1.00 · November 13, 2013

Federation of Austrian Industries Urges for Reforms

IV (Federation of Austrian Industries) has high hopes. The next Austrian government has to implement a number of reforms, IV´s President Georg Kapsch says.

Relevance: 1.00 · October 12, 2013

Austrian Bank Secret: Faymann Vs. Fekter

Austria‘s agreement to an automatic exchange of data has become a personal match between Chancellor Faymann and Finance Minister Fekter.

Relevance: 1.00 · May 13, 2013

Serbian – Austrian Cooperation in Social Security Sector

Austrian pension and disability insurance system knowhow particularly useful for Serbia.

Relevance: 1.00 · May 15, 2013

Austrian Economy Still Stagnating

The Austrian economy has been stagnating for a year and has avoided recession only just.

Relevance: 1.00 · May 15, 2013

Turmoil At Croatian Airlines

Employees of the carrier have been on strike for the third day in a row. Numerous flights, including air travels to Austria, had to be cancelled.

Relevance: 1.00 · May 16, 2013

Over 2,000 Austrian Companies Now Represented in Slovakia

Lopatka: Agreement reached on Austro-Slovak Business Forum

Relevance: 1.00 · May 16, 2013

AUSTRIAN POST Q1 2013: Revenue growth (+1.3%) as well as earnings improvement (EBIT +2.4%) in Q1,Outlook confirmed for 2013

Relevance: 1.00 · May 17, 2013

Croatia: PM Warns Of Croatia Airlines’ Downfall

Prime Minister Milanovic stresses the need to make changes to guarantee a future for the airline company.

Relevance: 1.00 · May 17, 2013

Austrian Top Banker to Appear in „Offshore-Leaks“

For the first time, a European top banker appears in the “Offshore-Leaks” database. CEO of Raiffeisen Bank International (RBI) Herbert Stepic is coming under massive pressure.

Relevance: 1.00 · May 23, 2013

Austrian Banking Sector: Profitability Below Potential

Not only the high NPL quota in the CESEE region, but also the overcapacity in Austria is a burden for the domestic banking industry.

Relevance: 1.00 · September 14, 2013

Germany: Austrian Real Estate Enterprises under Pressure

Austrian real estate companies have invested hundreds of millions Euros in apartments in Germany since yields are around 30 percent higher; however the German government plans on putting a hold to the upward trend.

Relevance: 1.00 · November 25, 2013

Turkish Airlines Not Interested in Croatia Airlines

The Turkish airline carrier has denied rumors of acquiring states at Croatia Airlines.

Relevance: 1.00 · September 11, 2013