Search: vienna-insurance-group

New Erste Group Loan Contributes to La Fantana Recapitalization

La Fantana, the leading bottler and distributor of water in Romania, announced it has successfully raised EUR 34mn in debt financing. La Fantana is controlled by private equity funds managed by Innova Capital.

Relevance: 1.00 · August 13, 2013

Erste Group Expects Operating Result to Decline Significantly in 2013

Erste Group posts net profit of EUR 430.3 million in the first nine months of 2013; risk costs decline.

Relevance: 1.00 · October 30, 2013

Hypo Group´s Bankruptcy: Major Threat for Raiffeisen Sector

In case of Hypo Group Alpe Adria´s bankruptcy, the Austrian banking sector would have to absorb enormous write-offs. Above all, mortgage institutions in the Raiffeisen sector would be endangered.

Relevance: 1.00 · December 19, 2013

Hypo Group: Austrian Government Seems Aimless

Although the restructuring of the nationalized Austrian lender is one of the most pressing issues, the Austrian government could not present a sound concept yet.

Relevance: 1.00 · December 27, 2013

Suspicious Secrecy in the Cause of Hypo Group Alpe Adria

In the matter of Hypo Group Alpe Adria, the Austrian government acts disconcertingly. Details on the situation of the nationalized banks are still kept as a secret.

Relevance: 1.00 · February 1, 2014

Austrian Construction Group Alpine Rescued

For the time being, Alpine´s bankruptcy could be prevented. The creditors agreed on a partial waiver.

Relevance: 1.00 · March 4, 2013

UN Alliance of Civilizations Forum in Vienna

The UN Alliance of Civilizations Forum draws a close with the Vienna Declaration. The forum was attended by Heads of State and Global Foreign Ministers.

Relevance: 1.00 · March 1, 2013

Telekom Austria Group Provides Financial Outlook for 2013 (Ad-Hoc)

Relevance: 1.00 · January 8, 2013

Telekom Austria Group Intends to Place a Euro-Denominated Hybrid Bond (Ad-Hoc)

Relevance: 1.00 · January 24, 2013

Hypo Group Sold AluFlexPack to MTC

After months of negotiations, the Austrian nationalized bank sold the Croatian aluminum company to the Switzerland-based Montana Tech Components.

Relevance: 1.00 · November 30, 2012

Immofinanz Group Reveals Less Profit

Operating profit (EBIT) reduced by € 47.9m to € 444.7m. Decline in net profit from € 269.4m to € 210.1m. Cash flow rose by 8.9% y/y to € 315.3m.

Relevance: 1.00 · March 21, 2013

Vienna Among Top 10 of Strong Economic Regions

According to statistics, which were published by Eurostat on Thursday, Vienna is among the Top 10 of the economically strongest regions in Europe again.

Relevance: 1.00 · March 21, 2013

Hypo Group: Decision Within First Quarter of 2014

The long-awaited meeting between the government and Hypo Group’s taskforce has been fixed to find a solution of the Austrian problem bank. The option of a bank participation is still on top of the list.

Relevance: 1.00 · January 23, 2014

2nd European Headquarters Congress in Vienna

The 2nd European Headquarters Congress on March 20th – 21st 2014 in Vienna deals with various aspects of Value Networks – The New Paradigm for Multinationals

Relevance: 1.00 · January 30, 2014

Measuring Poverty in the EU: third International EU-SILC Conference in Vienna

The third International Conference on EU Statistics about Income and Living Conditions (EU-SILC) will be opened in Vienna on Thursday, 6 December 2012.

Relevance: 1.00 · December 5, 2012

Telekom Austria Group Completes the Acquisition of YESSS! (Ad-Hoc)

Relevance: 1.00 · January 3, 2013

No IPO´s at Vienna Stock Exchange

Last year, VSE did not record a single initial public offering. Nevertheless, the equity market performed satisfyingly.

Relevance: 1.00 · January 3, 2013

Vienna: Property Market Booms

Last year, property prices in the Austrian capital were up by 12% on average.

Relevance: 1.00 · January 3, 2013

Vienna: Distribution of Wealth Highly Unequal

In Austria´s capital, 30% of the households own 92% of the net assets.

Relevance: 1.00 · January 3, 2013

Hypo Group: Business With Russian Oligarch

Austrian magazine „News“ unveils a remarkable business connection of Hypo Group from 2008.

Relevance: 1.00 · June 19, 2013

Vienna Suffers from Housing Shortages

In the next 20 years, Vienna will need up to 200,000 new accommodation units.

Relevance: 1.00 · January 23, 2013

Hypo Group Refuses to Repay Loans to BayernLB

Today, the management board and the shareholders of the Austrian nationalized bank resolved to stop payments to the former owner BayernLB. BayernLB files a lawsuit against Hypo Group.

Relevance: 1.00 · December 13, 2012

Annual Assembly of the Municipal Councillors for European Affairs in Vienna

At the second general assembly of the members of the initiative of Municipal Councillors for European Affairs held at Palais Niederösterreich in Vienna today, the 500th member of the initiative was welcomed.

Relevance: 1.00 · December 18, 2012

Vienna´s Position as CEE-Hub Is Endangered

The number of multinational companies which withdraw their sub-headquarters from Vienna is growing, experts say.

Relevance: 1.00 · February 20, 2013

Hypo Group: Sale of Austrian Unit „at a Late Stage”

According to Hypo Group, the results of the Austrian unit for 2012 are “highly satisfying”.

Relevance: 1.00 · February 16, 2013

Austria: Hypo Group to Come Under Fire

Pressure from Brussel grows for a fast selling of Hypo Group.

Relevance: 1.00 · April 16, 2013

Austria: Nationalizing Hypo Group Prevented BayernLB from Losses

EU Competition Commission pushes the Austrian government to shut down the loss-making Hypo Group.

Relevance: 1.00 · March 11, 2013

Austria: Hypo Group Still Sailing in Stormy Waters

Hypo Group wants a fast selling until the end of 2013. Vending of Italian and CESEE subsidiaries could take longer as the economic situation is not appealing at the moment.

Relevance: 1.00 · March 12, 2013

Hypo Group: Commisson Against Extension of Deadline

Austria will in all probability not be granted an extension of the deadline for the winding down of Hypo Alpe Adria. This was announced by EU Competition Commissioner Joaquin Almunia

Relevance: 1.00 · June 26, 2013

ANDRITZ GROUP: favorable business development in 2012

Relevance: 1.00 · March 1, 2013

Vienna International Airport: Top Score of +127.5 % Net Profit

EBITDA at € 221.m (+17.1%), net profit after non-controlling interests of € 71.9m, dividend: slight increase to € 1.05 per share (2012: € 1.00)

Relevance: 1.00 · March 20, 2013

BayernLB Rejects Settlement with Hypo Group

The German banking group and its former Austrian subsidiary do not reach a compromise. BayernLB wants Hypo Group to repay a loan of € 2.3bn.

Relevance: 1.00 · March 2, 2013

Schwarzenegger Calls for a “Sexy, Hip” Approach at the Vienna R20 Conference

Arnold Schwarzenegger called for an end to “doom and gloom” environmentalism and more of a “sexy, hip” approach at the Vienna R20 Conference.

Relevance: 1.00 · February 1, 2013

Immofinanz Continues Sales in Vienna

The Austrian real estate company continues the implementation of its real estate sales programme. Besides that, Immofinanz decides to leave France.

Relevance: 1.00 · February 4, 2013

Erste Group Withdraws from Ukraine

Austrian Erste Group enters into an agreement to sell Erste Bank Ukraine.

Relevance: 1.00 · December 20, 2012

FCA and Federal Cartel Attorney Accept Approval of the Acquisition of YESSS! by Telekom Austria Group (Ad-Hoc)

Relevance: 1.00 · December 21, 2012

Lenzing AG / Lenzing Group achieves best half-year results in its history

The Lenzing Group generated new record highs in the first half of the 2017 financial year for both revenue and earnings. The key underlying factors were good capacity utilization, higher selling prices and an attractive product mix.

Relevance: 1.00 · August 23, 2017

Austria: Hypo Group Dilemma Requires Highest Form of Diplomancy

Before the deadline of handing in the new restructuring paper, talks with the top of EU Commission are supposed to take place with Austrian politicians.

Relevance: 1.00 · May 10, 2013

Austria: Enormous Amounts Could Pile Up For Hypo Group

According to Austrian daily “Standard“, the winding down of the ailing bank Hypo could be even more expensive than assumed so far. The amount of required capital reanges between € 6.2bn (until the end of 2014) and € 17bn (until 2017).

Relevance: 1.00 · September 11, 2013

Index Cooperation between Vienna Stock Exchange and Kazakhstan Stock Exchange

(The Vienna Stock Exchange has acquired a new index cooperation partner with the Kazakhstan Stock Exchange (KASE).

Relevance: 1.00 · January 29, 2013

Erste Group Finances Major Slovak Real Estate Project

Erste Group’s Slovak subsidiary co-refinances City Business Centre in Bratislava with EUR 34.5 million.

Relevance: 1.00 · February 11, 2013

Changes to the Management Board of Erste Group

CFO Wimmer to retire, Mittendorfer to take over.

Relevance: 1.00 · June 21, 2013

Hypo Group: Reason for “Budget Lie”

The situation of ailing bank Hypo Alpe Adria may be worse than assumed. The supervisory board of the bank and the taskforce are discussing about the half-yearly report.

Relevance: 1.00 · August 7, 2013

Vienna: Infrastructure & Construction Summit Brings Together All Balkan Countries

Government ministers from Austria and various Balkan countries will be discussing infrastructure and construction in the region at a two-day summit in Vienna at the end of May.

Relevance: 1.00 · April 30, 2013 · Sponsored Content

ANDRITZ GROUP: significant drop in earnings in the first quarter of 2013

Relevance: 1.00 · April 30, 2013

Hypo Group to Get a Bad Bank?

Chancellor Faymann confirmed negotiations about the establishing of a bad bank for non-performing loans.

Relevance: 1.00 · April 30, 2013

Erste Group: High Losses Ahead

Analysts believe that the Austrian bank record substantial losses in the fourth quarter of 2012.

Relevance: 1.00 · February 26, 2013

Hannes Ametsreiter Re-elected as Chief Executive Officer of Telekom Austria Group (Ad-Hoc)

Relevance: 1.00 · February 27, 2013

Erste Group: Profit Higher than Expected

The Austrian bank posts a net profit of EUR 483.5 million in 2012.

Relevance: 1.00 · February 28, 2013

Selling of Hypo Group Would Cost Austria Dearly

The selling of Hypo Group would cost the Austrian state around € 16bn.

Relevance: 1.00 · April 29, 2013