Economic Growth

Strabag SE With Optimistic Outlook for 2011 and 2012

The building company expects its output volume in 2011 to amount to € 13.5bn, the EBIT in 2011 is estimated to account for € 295m.

November 10, 2010

UniCredit CEO Ghizzoni: Counting on eastern growth

The eastern business should be expanded, says Ghizzoni, CEO of the parent company of Bank Austria.

November 10, 2010

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

OMV Announces Results of January – September 2010

Austria´s biggest company posts a strong operating performance compared to previous year.

November 10, 2010

Traffic Result of AUA for October: Significant Passenger Growth

Austrian Airlines transported 16.5 percent more passengers in scheduled service than in same month last year. Load factor in October rises to 81 percent.

November 9, 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

Heinzel Group: Unrestricted Expansion

This year, the Austrian paper group expects a turnover of 650 million euro; in 2011 the billion mark will be exceeded.

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

Andritz: Favorable Development in the First Three Quarters

Technology Group ANDRITZ showed a favorable business development in the first three quarters of 2010. Sales, earnings and profitability rose substantially.

November 8, 2010

Polytec Group Continues Upward Trend

The Upper-Austrian automotive component supplier is able to record rising earnings also in Q3 2010.

November 3, 2010

Unemployment: Sharp Decline in October

Compared with the previous year, unemployment was reduced by 8%. The decline is attributed primarily to an increase in the demand for temporary workers.

November 2, 2010

RHI: New Boss Wants to Double Profits by 2015

RHI pursues ambitious growth plans. Higher sales and profits are to be generated mainly through expansion in emerging markets.

October 29, 2010

Industry: Good Prospects for 2011

The general optimism in the industry leads to the expansion of production and more personnel recruiting.

October 28, 2010

AT&S Leaves the Crisis Behind

Thanks to growth in sales and massive investments, AT&S looks forward to a positive future.

October 21, 2010

Voestalpine: Good Prospects

Voestalpine has got back fast on the road to success. Cost reduction and growth outside Europe are the recipes.

October 21, 2010

IMF Considers Recovery as "Moderate and Uneasy"

Growth in Europe seems to be normalizing slowly. Dynamism is missing though, and many vulnerabilities are as yet unresolved.

October 20, 2010

Tax Evaders Targeted by the Ministers of Finance

Budget problems plague the majority of EU countries. In addition to budget discipline, the prosecution of tax evaders is to be addressed.

October 18, 2010

Bank Austria sees euro zone as main risk for growth

Institute raises forecast for 2010 slightly to 3.1 percent

June 28, 2010

Bene AG - Results for the first quarter of 2010/11

In the first quarter of 2010/11 sales and earnings of the Bene Group were still affected by the difficult economic environment in most of the markets.

June 23, 2010

Quo vadis Europe? Crisis summit at the University of Linz

Corporate crises, bank failures and bankruptcies of entire economies: Europe is struggling with the agenda of national and international restructuring plans.

June 21, 2010
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