Search: vienna-insurance-group

Hypo Group Needs up to € 17bn

The scenarios for the nationalized Austrian banking group become even more pessimistic.

Relevance: 1.00 · September 12, 2013

Hypo Group: 35 Percent Say FPÖ Has Main Share of Blame

According to a survey conducted by Austrian news magazin “Profil”, 35 percent consider the Austrian Freedom Party (FPÖ) to bear the main share of the blame in regard to the financial disaster of Hypo Group.

Relevance: 1.00 · February 22, 2014

Hypo Group: Nowotny to Replace Liebscher

After Liebscher, head of Hypo Group’s task force, announced throwing in the towel Nowotny, Governor of the Austrian National Bank (OeNB), will become his successor.

Relevance: 1.00 · February 22, 2014

Austria: Insurance Company Allianz Gains Profits

Allianz Austria was able to continue its upward trend and gained around 20,000 new customers in 2012.

Relevance: 1.00 · March 5, 2013

Austria: Task Force for Hypo Group

The Austrian government is going to establish a task force for the nationalized by force problem bank Hypo Alpe Adria Group.

Relevance: 1.00 · May 8, 2013

Austria: Congress City Vienna - Record Results in 2012

Austria's capital city is not only a favourite destination for tourists but also a hit with the congress and conference sector.

Relevance: 1.00 · April 12, 2013

Success for VIG Group Companies in the Czech Republic

Martin Diviš named “Insurance Manager of the Year”.

Relevance: 1.00 · November 14, 2013

S IMMO AG / Preliminary results highest EBIT in the Group's history

Relevance: 1.00 · March 26, 2013

Austria: Immofinanz Group Acquires Berlin Residential Portfolio

Buwog, a wholly owned subsidiary of Immofinanz Group, has acquired a residential portfolio in Germany.

Relevance: 1.00 · April 22, 2013

Austria: Fekter’s Ambition to „Steer Hypo Group Into Safe Waters“

In the margin of the Council of Ministers, Finance Minister Maria Fekter announced that Austria will hand in the new restructuring plan for Hypo Alpe Adria Group to the EU Commission in the coming days.

Relevance: 1.00 · May 21, 2013

ALPINE Holding GmbH / Efforts to reach an out of court restructuring of the ALPINE Group have been terminated

Relevance: 1.00 · June 18, 2013

Vienna Airport: Plus 0.3% in Passengers During March 2013

Decrease in flight movements of almost 7 %

Relevance: 1.00 · April 15, 2013

Vienna: Attractive Financial Center

GFCI confirms Vienna's attractiveness as a financial center.

Relevance: 1.00 · April 15, 2013

Czech Republic: Raiffeisen Withdraws from Pension Insurance Business

Pension insurance company Raiffeisen penzijni spolecnost will terminate business activities on the Czech market for private pension schemes, as announced by the company in a press release.

Relevance: 1.00 · March 4, 2014

ANDRITZ AG: - Further financial provisions for pulp mill project in South America - Preliminary results 2013 for the ANDRITZ GROUP: sales between 5.7 and 5.8 bn. euros; expected EBITA of approximately 160 MEUR - Order intake in 2013 expected to reach 5.

Relevance: 1.00 · January 13, 2014

CA Immo: Agreement for Partial Sale of Group’s Largest Project

CA Immobilien Anlagen AG signs agreement to sell two-thirds of Tower 185 in Frankfurt.

Relevance: 1.00 · October 1, 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

Erste Group Claimed of Being Interested in Croatian Banks

There are rumors of the taking over of Hypo Croatia and HPB. However, the banks deny the speculations.

Relevance: 1.00 · May 29, 2013

AGRANA Group revenue surpasses EUR 3 billion for the first time Steady dividend proposal of EUR 3.60 per share

Relevance: 1.00 · May 14, 2013

Lenzing AG / Lenzing Group: Difficult Market Environment in the First Quarter of 2013 as Expected

Relevance: 1.00 · May 8, 2013

Austria: FMA Approves of Sale of Hypo Group

The Financial Market Authority has given green light for the selling of Austrian problem bank Hypo Alpe Adria to Indian Srei Group.

Relevance: 1.00 · October 9, 2013

Hypo Group’s Silence Bewilders Bayern LB

Bayern LB is puzzled as to why former affiliate, Carithian Hypo Group, has not shown any efforts to state their position before court.

Relevance: 1.00 · March 21, 2013

Vienna: One of the Most Innovative Cities

According to a ranking by the Australian agency 2thinknow, Vienna is the most innovative city in Europe and scored 3rd place in the cities worldwide, succeeding Boston and New York.

Relevance: 1.00 · March 22, 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

Decisions About Hypo Group’s Future Still Pending

Finance Minister Maria Fekter has presented herself rather reserved after the meeting with EU Commissioner for Competition Joaquin Almunia.

Relevance: 1.00 · April 5, 2013

Concern About Hypo Group in Friuli

MEP Serracchiani has requested to get involved in the current affairs.

Relevance: 1.00 · April 8, 2013

Hypo Group: Take-Over Almost Completed

British-Indian Anadi Financial Holding had to wait for months until the take-over of Austrian Hypo Group Alpe Adria was approved.

Relevance: 1.00 · December 18, 2013

Austria: Investment Banker Part of Hypo’s Expert Group

A former investment banker is supposed to support Austrian government in the Hypo Group issue.

Relevance: 1.00 · February 21, 2014

Hypo Group: Nowotny Calls for Fast Proceeding

Newly designated head of Hypo Group’s task force, Governor of the Austrian National Bank (OeNB) Ewald Nowotny, calls upon the government to fastly proceed with the downsizing of the ailing bank.

Relevance: 1.00 · February 24, 2014

Vienna: Industrial Sector Shrinks

The Viennese industrial sector faces hard times. Not only the number of workers, but also the order intake is decreasing substantially.

Relevance: 1.00 · July 18, 2013

Austria: Kranebitter to Leave Hypo Group

After three and a half years, Gottwald Kranebitter steps back as CEO of nationalized Hypo Alpe Adria. Tax payers are left with a burden running in the billions in the years to come.

Relevance: 1.00 · August 19, 2013

Austria: Liebscher as Chairman of Hypo Group’s Supervisory Board

Liebscher is to take over Ditz’ position after the meeting of bodies on June 21.

Relevance: 1.00 · June 5, 2013

ANDRITZ to supply equipment for new hot-dip galvanizing system and annealing line for Tangshan Iron and Steel Group, China

Relevance: 1.00 · June 6, 2013

Cooperation between Vienna and Warsaw Stock Exchanges to Kickstart 2014

As announced by Adam Maciejewski, CEO of GPW, the operator of the Warsaw Stock Exchange (WSE), the cooperation between WSE and VSE (Vienna Stock Exchange) could be completed this year.

Relevance: 1.00 · February 17, 2014

Hypo Group: Current Capital Injection Not Enough

Klaus Liebscher, head of the supervisory board of the nationalized Austrian problem bank, thinks that the Ministry of Finance will have to inject further money.

Relevance: 1.00 · July 23, 2013

„We Can Exclude a Bankruptcy of Hypo Group”

Ewald Nowotny, governor of the Austrian National Bank (OeNB) and Klaus Liebscher, head of Hypo Group´s supervisory board argue that the nationalized bank will be downsized according to plan.

Relevance: 1.00 · November 29, 2013

Hypo Group to Create Bad Bank

After months of considerations, the Austrian government will decide for the bad bank. The nationalized banking group will be a major burden for the state.

Relevance: 1.00 · October 26, 2013

Germany: Proceedings against Take-Over of Hypo Group to Start

On Thursday the Higher Regional Court in Munich has decided to admit the prosecution against the take-over of Hypo Group Alpe Adria, which had earlier been rejected by the Regional Court as implausible.

Relevance: 1.00 · October 28, 2013

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

Hypo Group: Insolvency Still an Option?

The group of international advisors appointed by the Austrian government seems to have come to a different conclusion than the task force of Hypo Group Alpe Adria.

Relevance: 1.00 · March 12, 2014

FMA: Hypo Group Bankruptcy Incalculable Risk

The government does not dismiss the idea of a bankruptcy of ailing Hypo Alpe Adria. However, the Financial Market Authority (FMA) has expressly warned of this form of downsizing of the state bank.

Relevance: 1.00 · February 10, 2014

Austria: Still No Clarity in Hypo Group Disaster

The Austrian parliamentary parties continue to shift the blame onto each other. Details still have not been presented yet.

Relevance: 1.00 · February 17, 2014

Austria: Fate of Hypo Group Still Unclear

Only next year the fate of ailing bank Hypo Group Alpe Adria will be determined.

Relevance: 1.00 · December 16, 2013

Analysis - Vienna Stock Exchange on a “Sustainable Upward Trend”

After five downhill years, the Vienna Stock Exchange is finally seeing something like a silver lining.

Relevance: 1.00 · October 30, 2013 · Updated: November 5, 2013; 18:00

Hypo Group: Urgent Need for Fresh Money

The ailing nationalized bank Austrian Hypo Group Alpe Adria has a capital shortfall of € 1.3bn. The gap must be closed before the end of the year.

Relevance: 1.00 · November 11, 2013

Atrium European Real Estate Limited / FIRST HALF RESULTS SHOW A CONTINUED STRONG OPERATIONAL PERFORMANCE AND SOLID PROGRESS IN THE GROUP'S STRATEGY FOR GROWTH

Relevance: 1.00 · August 23, 2013

Hypo Group: “The People are Really Pissed Off“

According to Werner Kogler, financial spokesman and deputy party leader of the Austrian Greens, the Hypo commission appointed by the government is an “intolerable escape attempt”.

Relevance: 1.00 · March 28, 2014

Raids at Hypo Group in Italy

Because of suspicions of tax fraud Hypo Group’s affiliate in Udine was searched by the Italian police.

Relevance: 1.00 · June 25, 2013

Kapsch Group Reports Solid Fiscal Year with Revenue of EUR 928m

Revenue growth in the domestic market of Austria and America.

Relevance: 1.00 · August 12, 2013

Mayr-Melnhof Group: Profits Above Last Year's Value

Results for the 1st Half-year 2013

Relevance: 1.00 · August 15, 2013