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Romanian Romgaz Starts IPO
Tomorrow, Monday, the Romanian government sells a 15% stake in Romgaz via the stock exchange. In the last months, the IMF has urged Romania to accelerate the privatization policy.
October 21, 2013
Telekom Austria: No Need for Capital Increase
Against all rumors, Telekom Austria is doing just fine. As reported by “Handelsblatt” insiders claim that a capital increase, which was speculated on, is currently not an issue.
October 18, 2013
RBI Considers Participation in Hypo Group’s Bad Bank
In a radio interview with “Ö1”, Karl Sevelda, CEO of Raiffeisen Bank International (RBI), announced that he regards a particpation of his bank as possible.
October 18, 2013
Mitterlehner: “2014 Will Become Significantly Better“
Austrian Minister for Economy Reinhold Mitterlehner considers the Austrian economy to be in a spirit of optimism as an upturn in Europe has become evident. According to him, 2014 is supposed to become “significantly better” than 2013.
October 17, 2013
Austria: RBI Expects Stabilization
Business in CEE seems to be in an up again. RBI is preparing for an IPO at the Warsaw stock exchange.
October 17, 2013
Bulgaria Supports Trans Adriatic Pipeline
During yesterday’s world media meeting, on behalf of his country Bulgarian President Rosen Plevniev expressed his support of the Trans Adriatic Pipeline project (TAP).
October 16, 2013
„CESEE Is Not the Devil Anymore“
Regarding the development of the CESEE equity market, Birgit Kuras, CEO of Vienna Stock Exchange (VSE) demonstrates optimism.
October 14, 2013
RBI May Pay Back State Aid Sooner
For Austrian Raiffeisen Bank International, the state aid becomes more and more expensive. The repayment will take place before 2017, insiders report.
October 14, 2013
HVB: UniCredit Considers IPO
Bank Austria´s holding company UniCredit may sell a minority stake in Germany HVB.
October 14, 2013
Romania Keeps Majority Stake in Romgaz
Romania´s government will privatize 15% of the country´s biggest natural gas producer. The opening of the economy to foreign investors bears potential dangers.
October 12, 2013
Gazprom May Face Proceedings by Austrian OMV
OMV considers arbitral proceedings against Russian Gazprom in case no joint solution will be found.
October 9, 2013
Hungary and Croatia to Solve MOL/INA Issue
Both Hungarian Minister of Foreign Affairs Janos Martonyi and his Croatian counterpart Vesna Pusic intend to solve the issue between Hungarian MOL and Croatian INA.
October 9, 2013
Uniqa: Re-IPO Successful
The second-biggest Austrian insurance group goes public again. According to insiders, the order books are closed.
October 9, 2013
Romania: Bucharest Stock Exchange to Be Enlarged?
Ludwik Sobolewski, new CEO of Romania’s Bucharest Stock Exchange (BSE), is toying with the idea of enlarging the institution and making it a competition to Budapest, Vienna and Prague withing two years only.
October 7, 2013
Hungary Rejects Extradiction of Head of Mol
A Hungarian court rejected the extradiction of Zsolt Hernadi, who is alleged of having bribed former Croatian Prime Minister Ivo Sanander.
October 7, 2013
CA Immo to Sell Mercedes Benz Headquarters in Berlin
After selling Tower 185 in Frankfurt, CA Immo will now sell the headquarters of Mercedes Benz in Berlin. By this measure, debts will decline significantly for the Austrian real estate company.
October 7, 2013
Porr: Capital Increase and Rise in Profits Expected
CEO of listed Austrian construction company Porr Karl-Heinz Strauss is still in favor of a capital increase in 2014 or 2015 and calls upon the government to create “projects for the future”.
October 7, 2013
COO Daniel Riedl appointed CEO of BUWOG
The 20th Annual General Meeting (AGM) of IMMOFINANZ AG, Daniel Riedl was appointed as CEO of the subsidiary Buwog. Riedl will prepare Buwog´s IPO.
October 3, 2013
Economic Upturn in Austria, Eurozone and CEE
Turbulent Emerging Market conditions have little impact on CEE.
October 2, 2013
Rosneft Wants to Take over Majority of TNK-BP
The World’s biggest oil company Rosneft intends taking over British-Russian joint venture TNK-BP at the beginning of next year.
September 30, 2013
Does Austria Need Further Privatizations?
Voestalpine´s CEO Wolfgang Eder wants to support the Vienna Stock Exchange. Without further privatizations, the stock market in Vienna could be history soon.
September 24, 2013 · Updated: September 25, 2013; 11:30
Uniqa Starts Major Capital Increase
The second-biggest Austrian insurance group resolves on capital increase and announces price range. Proceeds will reach about € 750m.
September 23, 2013
Vienna Insurance Group Evaluates Bond Issuance
In view of the current interesting environment for corporate bonds, management of VIG considers a subordinated bond transaction.
September 23, 2013
Poland: Warsaw Stock Exchange to Introduce WIG30
The new index covers thirty enterprises instead of formerly twenty and reduced the dominance of the banking industry.
September 23, 2013
Bank Austria to Close Subsidiaries in Hungary
Because of higher costs caused by a tax on financial transaction, which was introduced during the current year, the affiliate of Italian UniCredit intends to downsize operations in Hungary.
September 19, 2013
Romania: Massive Decline in FDI
Non-residents’ direct investment in Romania down 28.9 percent.
September 12, 2013
€ 800m for Uniqa´s Re-IPO
The second-biggest Austrian insurance group plans has ambitious growth plans. The capital increase will bring a substantial change in Uniqa´s shareholder structure.
September 9, 2013
Alpine: Creditors in Austria and Poland Claim Refunds
Not only the labor market in Austria is burdened but also thousands of creditors have invested in bonds of the construction company and are now facing enormous losses.
September 4, 2013
Poland: RCB Roadshow with Twelve Listed Austrian Companies
On Wednesday Polish investors will get together with managers of listed Austrian enterprises.
September 3, 2013
Hypo Alpe Adria Threatened with Losses of up to € 3.5bn
According to the restructuring plan and in a worst case scenario, even more losses could amount than in the past five years together. Reports by the media say, this year alone figures never seen before could pile up.
August 29, 2013
Austria: Raiffeisen Group Takes Over VBAG Loans
Loans worth more then € 748m will be taken over by Raiffeisen Group
August 28, 2013
Ukraine: Net Profits of Banking Sector Almost UAH 2bn
Ukrainian banking sector reports a sustained increase in the income and net profit.
August 23, 2013
Treichl Sells Erste Shares for Half a Million Euros
Because of “private liquidity reasons“, CEO of Erste has sold 20,000 shares via the stock exchange. His deputy Hochstrasser sold 10,000 shares.
August 21, 2013
OMV: Biggest Additional Purchase in Company’s History
OMV invests billions in a participation in the North Sea: The Austrian energy company acquires stakes of Norwegian enterprise Statoil in oil and gas fields in the North Sea for around € 2bn.
August 19, 2013
End of Recession Supports Stock Exchanges in Europe
The Eurozone seems to have finally left recession behind. This is one of the reasons why markets closed trades with a plus on Wednesday.
August 15, 2013
Bulgaria: Ministry Reopens Issue of Government Bonds
Bulgaria's Ministry reopens 5-year government bonds issue for maturing on 23 January 2018
August 14, 2013
ECB: New Issuance of Debt Securities Totaled EUR 672 Billion In June 2013.
The annual rate of change of the outstanding amount of debt securities issued by euro area residents was -0.1% in June 2013, compared with 0.1% in May.
August 14, 2013
New Erste Group Loan Contributes to La Fantana Recapitalization
La Fantana, the leading bottler and distributor of water in Romania, announced it has successfully raised EUR 34mn in debt financing. La Fantana is controlled by private equity funds managed by Innova Capital.
August 13, 2013
Romania: Significant Decrease in FDI
Non-residents’ direct investment in Romania estimated at EUR 666 million (as compared with EUR 826 million in January-June 2012).
August 12, 2013
EVN: Transfer of Shares
EVN carries out and terminates release of own shares to employees.
August 8, 2013
Slovenia: Stakes of at Least 80 Enterprises
The Slovenian state owns shares in at least 80 companies directly or indirectly.
August 8, 2013
Romania: Another Major Privatization Ahead
Romania´s government intends to sell the publicly held share in the telecommunication group Romtelecom.
August 6, 2013
Arab Partner for RBI?
Karl Sevelda, CEO of Raiffeisen Bank International, indicated that an Arab investor may become a shareholder.
August 5, 2013
Investors Refrain from Slovenia
Volume and demand from investors remain low on the Slovenian capital market.
August 5, 2013
CESEE: „Growth Story Did Not End“
In an interview with the Austrian newspaper “Presse”, chairman of the CEESEG supervisory board Willibald Cernko explains that Central and Eastern Europe needs a new growth model.
August 3, 2013
Immofinanz Postpones Buwog’s Going Public
Austrian real estate company Immofinanz has put off the initial public offering of its affiliate Buwog. The reason for the postponement is the unstable market environment. The new date for an IPO is 2014.
July 24, 2013
Uniqa Places € 350m Capital Bond
UNIQA successfully places €350 million supplementary capital bond.
July 24, 2013
Moody´s Lowers Outlook of RBI
The outlook for Austrian Raiffeisen Bank International, the second-biggest lender in the CESEE region, was downgraded to “negative”.
July 20, 2013
Does RBI Need a Partner?
The Austrian “Wiener Zeitung” reports that RBI (Raiffeisenbank International), the second-biggest lender in the CESEE region, has a capital requirement of more than € 5.0bn.
July 17, 2013
Turkey: BIST Formed Partnership with US NASDAQ
Turkey's Borsa Istanbul (BIST), one of the most profitable stock markets in the emerging world, has formed a strategic partnership deal with the US-based NASDAQ OMX Group, the owner and operator of NASDAQ stock market.
July 12, 2013
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