CEE Central Eastern Europe

Hypo Alpe Adria: Involvement in Southeastern Europe to be maintained

The Carinthian bank intends to continue operating in the Balkans. The active involvement is justified because the region is the one with most significant growth in Europe and Hypo has the status of a systemically important bank.

November 10, 2010

OeKB: Further Expansion in CEE Region

According to the OeKB (Oesterreichische Kontrollbank), the business climate index in Central and Eastern Europe (CEE) showed an improvement in recent months.

November 9, 2010

Raiffeisen CEO Stepic: CEE Continues Being Europe’s Growth Driver

The boss of Raiffeisen Bank International Bank (RBI), Herbert Stepic, sees the CEE region continuing as long-term growth driver for Europe.

November 8, 2010

New Retail Project in Constanta for Immofinanz

A new center located in Constanta, Romania, offering international tenants business opportunities in 130 retail units, will be opened in 2011.

October 30, 2010

Volksbank: Greater Efficiency by Downsizing

The Austrian Volksbank AG (ÖVAG) has not been able to reach a cooperation with other domestic banks. The deal with the BAWAG failed. Now, the Volksbank is looking for alternatives.

October 30, 2010

Wienerberger Plans Full Takeover of Semmelrock International

The purchase of the remaining 25% stake in Semmelrock International has been announced today. Wienerberger regards the acquisition as a “logical step”.

October 29, 2010

Bank Austria CEO Cernko: No More Bank Tax Soon

Due to Basel III, location reasons and to safeguard jobs, the bank tax will only be effective temporarily, according to Cernko

October 22, 2010

Raiffeisen CEO Stepic: The Crisis in Eastern Europe is Not Over Yet

The RBI boss explains why recovery is taking longer, why his institute does not want to pay back the state capital yet, and why he considers that Raiffeisen is being treated unfairly.

October 22, 2010

Wienerberger: Slow Coming Out of the Crisis

The building materials industry is still growing very slowly in Eastern Europe. Focus is now on innovation and the expansion of market shares.

October 14, 2010

Coface CEE Top 500 - Poland Largest Number of Companies in CEE

Poland has the largest number of companies in the Central and Eastern Europe Top 500 with 28.4%. Hungary ranks second with 16.6%, overtaking the Czech Republic, which is home for 13.8% of the CEE Top 500.

October 12, 2010

Shopping Climate Index CEE - Slight Consumption Rebound

For the first time in the past two years the RegioData Shopping Climate Index CEE has improved considerably compared to the previous quarter.

October 12, 2010

CEE Real Estate: Outlook is brightening

CEE real estate stocks are currently in a phase of brisk corporate action. Financially sound companies with attractive assets are interesting takeover targets, while other companies are being taken over.

September 27, 2010

Austria Continues Being the Largest Investor in Romania

"Romania is an important market in Eastern Europe for the Austrian economy. Its great importance for us is proved by the fact that Austria is by far the largest investor in Romania"

September 23, 2010

CEE Banking Sector Report: Still More Credit Losses in the East

The number of bad loans is expected to increase considerably in some Eastern European countries, a Raiffeisen-analysis shows.

September 21, 2010

CESEE Bank Conference: Joint Supervisory Academy in Vienna

Finance Minister Josef Pröll wants to create common standards for the CEE region with an Eastern Bank Supervisory Academy in Vienna.

September 17, 2010

CEE Companies in a Turmoil

According to a study by Deloitte, last year Eastern Europe’s top 500 companies showed a clear decline in sales.

September 14, 2010

Horváth & Partners Study - CEE remains attractive

A new study of the Horváth & Partners Management Consultants studied the success factors for setting up the subsidiaries of production sites in CEE.

September 8, 2010

Austrian Banks in Central, Eastern and Southeastern Europe

According to a recent comparative study from the Austrian Central Bank (OeNB), the long-term commitment of Austrian banks in Central, Eastern and Southeastern Europe (CESEE) offers good prospects.

August 27, 2010

Raiffeisen Evolution shifting back

The real estate developer Raiffeisen evolution (RE) was significantly affected by the uncertainty in the property markets in 2009.

August 26, 2010

Vienna Insurance Group: increase the proportion of TBIH to 100 percent

After taking the lead in the TBIH Financial Services Group NV (TBIH), the Vienna Insurance Group agreed with Kardan Financial Services BV to acquire its minority stake of 40 percent.

July 23, 2010

Bank Austria sees euro zone as main risk for growth

Institute raises forecast for 2010 slightly to 3.1 percent

June 28, 2010
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