Albania

Austria: EVN Results Expected to Be Below Estimates

EVN specifies expected consolidated Group net profit as of 09/30/2013

May 2, 2013

Albania: Under EU’s Watch

Brussels called for further modernizations of the judiciary in Albania before the EU considers Accession talks with the country. Futhermore the union announced to keep a close eye on the elections in June.

April 24, 2013

Law Files Against Bulgaria from EVN and CEZ.

Power Suppliers EVN, CEZ and Energo Pro have to face high losses. CEZ announced to file a law against Bulgaria as well.

April 3, 2013

Ukraine: Not Enough Progress

According to an evaluating report of the EU, Ukraine does not show enough progress in reforms.

March 20, 2013

Austria: EVN To Sell Devoll Hydropower To Statkraft A. S.

Agreement regarding the sale of EVN AG's stake in Devoll Hydropower ShA, a project entity for the construction of a hydro power plant in Albania, to Statkraft A.S.

March 14, 2013

Macedonia: Protests Against Government

Young Albanians protest against an „Anti-Albanian“ policy.

March 8, 2013

"Austria remains a reliable partner for Albania on its way towards the EU"

Austria´s Vice-Chancellor Spindelegger at the opening of the Skanderbeg exhibition celebrating the 100th anniversary of Albania's independence and 20 years of Austrian development cooperation in Albania

November 26, 2012

Albania to Become Official Candidate

The Western Balkan country was recommended by the EU Commission. Serbia and Kosovo must reach a “sustainable solution”.

October 10, 2012

EVN and Verbund Open the Ashta Hydropower Plant in Albania

The project company “Energji Ashta“ and its owners EVN and Verbund are opening the first section of the Ashta hydropower plant (Ashta I) on the Drin River in Northern Albania.

September 18, 2012

„Becoming Number Five Until 2015“

In an interview with the Austrian newspaper „Presse“, Uniqa´s CEO Andreas Brandstetter is optimistic to become a big player in the insurance industry in the CESEE region.

September 15, 2012

Austria Remains One of the Biggest CESEE Investors

Austria is still an important net investor in Central, Eastern and Southeastern Europe. However, the global importance of the region did not increase.

July 6, 2012

Austrian Lotteries Apply for License in Albania

The Albanian Ministry of Finance offers licenses for foreign applicants. A heavy dispute occurs.

June 22, 2012

Verbund and EVN Develop Hydro Power Projects in Albania

The Austrian energy companies are interested in developping hydro power projects in the Western Balkan country. The investment volume reaches € 80m.

June 6, 2012

EVN Raises Investments in Croatia

The Austrian energy company expects the beginning of a market consolidation in Croatia. Investments are rising.

March 21, 2012

Uniqa Aims for Growth in CESEE Region

The Austrian insurance group wants to sell stakes by the minority shareholders of subsidiaries in Eastern Europe. The capital increase is scheduled for 2013.

March 5, 2012

Enso Hydro Looking for Hydro Power Plants in SEE

The Austrian hydro power specialist aims for collecting € 70m of Deutsche Bank´s subsidiary DWS. Currently, enso hydro searches for new hydro power projects.

February 1, 2012

Styrian Mining Company Causes Problems for Austrian Banks

The Austrian mining company Decometal has debts reaching € 250m. Now, the company will be restructured. Loans must be extended.

December 28, 2011

Strabag Wins New Orders for Environmental Technology Division

The Austrian construction group secured new business worldwide. The total volume is € 110m.

November 29, 2011

Uniqa Group Strengthens Market Position in SEE Region

The Austrian insurance company expands its market leadership in Albania and is ranked on number two in Kosovo.

November 21, 2011

Weak Development for Austrian Private Insurers

After a substantial growth in 2010, this year shows only a slight upward trend for the insurance industry. The outlook however is rather pessimistic.

November 1, 2011

Vienna Insurance Group Expands Involvement in Albania

With the acquisition of a 75% stake in Intersig, the Austrian insurance company raises its market share in Albania to 30%.

August 24, 2011

WIFI International Expanding into Albania

The education provider continues its internationalization strategy and is now active in nine CEE/SEE countries.

June 24, 2011

Vienna Insurance Group Expands in Albania

The Acquisition of Interalbanian by the biggest Austrian Insurance company is successfully completed.

December 6, 2010

Vienna Insurance Group in Albania

Further growth achieved with the acquisition of Interalbanian.

October 21, 2010

Albania - Green light for new power plant of Verbund and EVN

The EU's competition authorities have approved a joint power plant project of Verbund and EVN in Albania.

August 20, 2010