Croatia

Telekom Austria Closes Acquisition of Croatian B.net

The Austrian telecommunications group has received green light from Croatia’s competition authority for the acquisition of the country’s largest cable operator.

August 8, 2011

Telekom Austria Refrains from an Acquisition of Telekom Srbija

For the time being, the Austrian telecommunications group has no intention to pursue a deal with the Serbian government after negotiations had failed in May.

June 16, 2011

Telekom Austria Acquires B.net Hrvatska

The telecommunications group purchases Croatia’s largest cable operator from Bewag, an Austrian regional electricity supplier.

June 8, 2011

Zagreb Airport: Austrian construction companies hope for an addition

Austrian construction companies Strabag and Alpine fight for the award of an additional contract in a € 200m project.

May 11, 2011

Immofinanz takes over 100% of Zagreb’s Grand Centar

Immofinanz acquired the remaining 20% stake in the Grand Centar in Zagreb through its subsidiary Immoest Allegro. This stake was previously held by Generali Immobilien AG.

May 5, 2011

Record Results for Arcotel Hotel

ARCOTEL Hotel AG ends the financial year 2010 with extremely positive results. Sole director Manfred Mayer intends to continue expanding in future.

April 20, 2011

EVN Makes € 105m Investment in Croatia

The Croatian subsdiary of the Austrian energy company EVN started construction works on Zadar county gas network.

April 14, 2011

Cineplexx Expands

The Austrian cinema operator intends to establish itself in Croatia. A location in the capital was already functioning, and two more have been added now.

April 12, 2011

Saubermacher: Further Expansion in the SEE Region

The Austrian waste recycler takes over a Croatian supplier and takes further expansion steps.

April 6, 2011

Spar: Moderate Growth in Market Share

The Austrian food trade group recorded a sales increase of 4.4% in the previous year. Growth in the CEE region turns out weaker.

February 18, 2011

AE&E Quota only 5%

The largest division of the insolvent Austrian technology group A-Tec is likely to offer only very little to its creditors.

February 17, 2011

Telekom Austria Stands Before a Purchase in Croatia

The Burgenland energy operator Bewag might divest itself in future from its Croatian telecommunications subsidiary.

February 12, 2011

Consumption Expenditure of Foreign Tourists Grows

Russian and Chinese tourists are proving to be particularly generous consumers in Austria. Overall sales rose by 23% in 2010.

February 3, 2011

U.S. Embassy on Hypo Group: "Mini-empire in the Balkans"

New Wikileaks documents indicate that the U.S. Embassy analyzed the symbiosis between the Austrian financial and political scene.

January 27, 2011

Croatian Purchase for Telekom Austria

Telekom Austria is facing the purchase of Croatia's fixed-network provider Metronet for the amount of € 100m. However, the bidding process is not complete yet.

January 25, 2011

Telekom Austria: New Acquisitions in Croatia?

The signs of Telekom Austria’s efforts to expand in Croatia are getting more evident. The group is being discrete however.

January 12, 2011

Spindelegger: Turkey's Joining the EU Will Not Happen Before 2024

In an interview with the "Wirtschaftsblatt", the Austrian Foreign Minister stresses the relevance of Turkey. Croatia should come into the EU much earlier EU.

December 29, 2010

Garage Operator Company List Expands to Hungary

The Vienna-based List Group, which acts as real estate company, acquired the Wipark Group in Hungary.

December 28, 2010

Sanader Remains in Extradition Custody

Custody prior to extradition was imposed on the former Croatian Prime Minister Sanader. He complains about the "arbitrariness of the Croatian authorities".

December 28, 2010

Investigations Against Sanader Continue

The investigation of Austrian and Croatian authorities against the former Prime Minister of Croatia in the Hypo affair are being intensified. Many questions remain unanswered.

December 23, 2010

OMV Gas Project is Delayed

Austria's OMV is involved in a joint venture for a liquid gas project in Croatia. Delays are expected.

December 23, 2010

Hypo Group: Sanader Denies Payments of Commissions

The former Croatian Prime Minister Ivo Sanader, questioned in Salzburg, denies having ever received money from the Hypo Group.

December 22, 2010

New Markets for Red Bull and Rauch

The Austrian Food companies Rauch and Red Bull open new distribution networks through the Croatian Atlantic Group.

December 21, 2010

Accusations Against Sanader Grow Stronger

Many clues point to improper activities by former Croatian Prime Minister Ivo Sanader in connection with the Hypo Group.

December 16, 2010

Contradictions about Sanader's Connection to Carinthia

The connection between the former Croatian Prime Minister Sanader and the Carinthian Hypo Group is multifaceted, but also full of contradictions.

December 14, 2010

The Croatia-Connection of the Hypo Group

The recent arrest of former Croatian Prime Minister Ivo Sanader casts shadows on the Carinthian Hypo Group.

December 10, 2010

Difficult Times for Austrian Investors in Zagreb

The plan of an Austrian group of investors to build the largest shopping center in Europe in the Croatian capital threatens to fail.

December 10, 2010

Austria's Position in the CEE Region Shakes

According to the Roland Berger consultancy agency, Austria receives not only competition in the CEE countries, but the importance of the region also decreases from a global viewpoint.

December 1, 2010

Kaufmann Group Builds for € 130 Million in Zagreb

The real estate Kaufmann group from Linz starts its second major project in the Croatian capital. The investment volume amounts to € 130 million.

November 30, 2010

Massive Lay Offs at Hypo Group

The still ailing Carinthian bank restructures the leasing division. 500 jobs are being cut.

November 30, 2010

Siemens Austria Participates in Construction of Zagreb’s Main Train Station

The consortium Siemens AG Österreich and Elektrokem d.o.o from Zagreb has been awarded the contract for the delivery of a modern electronic switch system

November 18, 2010

Strabag acquires property und facility management service provider in the Czech Republic

The acquisition of 100% of ECM Facility a.s., Prague garantes the number 5 position in property & facility management in the the Czech Republic.

September 20, 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

EVN scores a gas deal in Croatia

A new gas pipeline built by Austrian energy provider EVN will provide thousands of Croats.

June 2, 2010
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