Forecasts

Croatia: Recession Aggravates

According to the Croatian Statistical Office, GDP was down by 2.2% compared to last year.

September 20, 2012

National Bank of Slovakia Adapts GDP Growth Forecast

According to NBS, the Slovak economic growth is expected to reach 2.7%. This is higher by 0.2 percentage points than NBS forecasted in June.

September 19, 2012

Slovak Economic Growth to Slow Down

The Slovak Ministry of Finance cuts the GDP forecast to 2.1% in 2013.

September 18, 2012

Austrian Economy at a Standstill – "But probably not for long"

Bank Austria's Business Indicator sinks to -0.7 points in August, the third decline in a row. 2012 as a whole expected to be up to 1 percent, in spite of stalled economic activity in the second half of the year.

September 17, 2012

Czech Unemployment Rate Remains Flat

In August, the Czech Republic´s unemployment quota came at 8.3%.

September 15, 2012

Romania Still Shows Weak Growth Rates

“We expect economic recovery to remain sluggish. Weak external demand suggests exports and industry would not offer support to GDP growth. “ RCB (Raiffeisen Centrobank) says.

August 31, 2012

Weak Demand Slows Austrian Industry

Bank Austria's Purchasing Managers' Index drops in August to lowest reading since mid-2009. A growth horizon is no longer in sight. In Austria, a substantial fall in order was observed.

August 30, 2012

Uniqa´s Net Income Expected to Triple

According to German Berenberg Bank, the Austrian insurance group should increase net income to € 22m from € 7m in the second quarter of 2012.

August 28, 2012

Lithuania Suffers From Crisis in Eurozone

The Baltic country has to lower GDP growth forecasts. As foreign trade grows not as fast as expected, the Bank of Lithuania becomes more cautious. This year, Lithuania´s GDP is expected to grow by 3.0%.

August 22, 2012

SBO: Analysts Demonstrate Optimistism

Tomorrow, the Austrian Schoeller Bleckmann Oilfield Group will present its results for the first half year of 2012. All relevant indicators are expected to improve substantially.

August 22, 2012

Rising Profit for CA Immo Expected

The Austrian real estate company should record a rise in net income of 96%. EBIT should fall by 8%, however.

August 20, 2012

VIG: Stable Results Ahead

Next Wednesday, Vienna Insurance Group publishes its half-year results. Analysts predict a slight growth in premium income.

August 20, 2012

Lenzing: Profit Decrease Expected

Next Wednesday, Lenzing presents its half-year results. According to analysts, the Austrian fiber producer will report a 31% profit decrease.

August 20, 2012

Austrian Economy to Stagnate

Domestic economy set to stagnate in the third quarter – chances of a slight upswing towards the end of 2012. Thanks to a good first half of the year, economic growth will come in at around 1 per cent in 2012.

August 18, 2012

Wienerberger: High Losses Expected

In the first half year of 2011, the Austrian brick producer still recorded a net income of € 37.5m. On average, a loss of € 21.07m is expected.

August 17, 2012

Solid Growth in 2012 Ahead

2011 was a record year for exports – and the first quarter of 2012 has seen the Austrian economy growing yet again. Thus, Austria is significantly below the performance of the Eurozone.

August 16, 2012

Decreasing Profit at Mayr-Melnhof Expected

Next Thursday, the Austrian packaging company will present its results for the first half year of 2012. Revenues are anticipated to decrease.

August 14, 2012

Telekom Austria: Rise in Earnings Predicted

Next Thursday, Telekom Austria will publish its results for the first six months of 2012. After a loss of € 59.0m, Telekom Austria´s net income should grow to € 76.1m.

August 14, 2012

SBO: Favorable Results Anticipated

The Austrian oilfield operator Schoeller Bleckmann is expected to continue its strong performance.

August 10, 2012

Mayr-Melnhof: Stable Results Ahead

Next Thursday, the Austrian packaging company will present its results for the first quarter of 2012. Mayr-Melnhofs EBIT margin is expected to increase.

August 10, 2012

Verbund: Erste Group Pessimistic

The Austrian energy company is expected to record lower earnings in the coming years.

August 7, 2012

Polytec: Lower Revenues Anticipated

The Austrian automotive component supplier will present its half-year results next Wednesday. Erste Group and RCB (Raiffeisen Centrobank) expect lower earnings.

August 6, 2012

Voestalpine: Drop in Profits Expected

Next Tuesday, the Austrian steel group will publish the results fort he first quarter of 2012.

August 4, 2012

Positive Forecasts for Andritz

Analysts expect a substantial rise in order intake. Sales should grow by 15%. Next week, the Austrian technology company presents its results for the second quarter.

August 3, 2012

Polish Industrial Sector Shrinks

Last month, the Polish purchase manager index could recover. Nevertheless, there is no tendency of growth yet.

August 3, 2012

RHI: Moderate Rise Earnings Expected

Next Tuesday, the Austrian manufacturer of refractory products will announce its half-year results.

August 3, 2012

Immofinanz: Rise in Earnings Ahead

Next Monday, the Austrian real estate company will publish results for the financial year 2011/12. Net income should remain stable

August 3, 2012

RHI: Slight Increase in EBIT Ahead

According to Berenberg Bank, the Austrian manufacturer of refractory products has achieved a 4% increase in sales in the second quarter of 2012

August 1, 2012

Immofinanz: Rise in Operating Profit Expected

Analysts expect the Austrian property company to achieve a 58% increase in EBIT. EBT will be lower, Baader Bank says.

August 1, 2012

Industrial Activity in Austria Contracts

For the first time this year, the production output declines dramatically. Moreover, a drop in orders – especially foreign orders – leads to a persistent decline in employment figures

July 31, 2012

Banking Industry: Slower Growth Expected

Due to the weak results in Eastern Europe, the Austrian banking industry faces only decent net income figures in the second quarter of 2012.

July 30, 2012

Poland as CESEE´s Locomotive

This year, the CESEE region should record a growth rate of 1.7%. However, the situation is highly different.

July 25, 2012

Verbund: Substantial Rise in Net Income Expected

Tomorrow, the Austrian energy company Verbund will announce ist first quarter results for 2012.

July 24, 2012

Growth in Austrian Construction Industry Slowed Again

Production growth to fall from 4.8 per cent in 2011 to a maximum annual average of 3 per cent in 2012, bringing output value to € 30bn. New residential construction with an increase of roughly 6 per cent for the year.

July 24, 2012

Outlook 2012: „ATX moderately positive in 2012“

Erste Group: „Environment to remain volatile; relatively low debt in Austria and CEE and yields on Austrian government bonds confirm save haven“.

July 21, 2012

AT&S: Mixed Results Expected

Next week, the Austrian producer of semiconductors will publish its first quarter results. Analysts of Erste Group and RCB (Raiffeisen Centrobank) expect a rise in net income and revenues.

July 20, 2012

Europe Hinders Austrian Economy

Due to the European economic weakness, Austria almost stagnates. Slight corrections in austerity programmes, weaker euro and lower oil prices indicate an economic stabilisation in late 2012 though.

July 17, 2012

Kapsch TrafficCom: Rise in Revenues Ahead

Analysts expect the Austrian IT company to record a substantial increase in revenues. The earnings are different.

July 16, 2012

Slovenia Remains in Recession

According to estimations, the recession in Slovenia will sharpen this year. A turnaround is expected in 2013. The banking sector is an enormous burden for the Souteastern European country.

July 12, 2012

Stable Outlook for Austrian Industrial Sector

Austrian industrial enterprises expect production, order intake and employment tob e stable in the second half of 2012. The uncertainty remains.

July 11, 2012

Economic Report: „Reducing Dependence on Europe“

Today, the Austrian government published its "Economic Report 2012".

July 9, 2012

Southeastern Europe Faces Recession

According to the Vienna Institute for International Economic Studies (WIIW), Southeastern Europe is the weak point among European emerging countries.

July 7, 2012

Reorganization at UniCredit

The Italian banking group plans to dezentralize its structure. Bank Austria as CESEE hub is affected.

July 5, 2012

CESEE: Poland and Turkey are Hot Spots

Erste Economic Sentiment Indicator CEE: stock market expectations weaker, but still ahead of Eurozone. Turkey and Poland remain the preferred investment regions.

July 4, 2012

IMF: Austria Has Favorable Economic Fundamentals

IMF in Washington DC analyzes Austrian macroeconomic outlook and is satisfied with the consolidation path.

July 4, 2012

„Austria Is Well Situated, but Needs Reforms Urgently“

Austria´s economic perspectives are slightly positive. The Austrian Chamber of Commerce reaffirmed its call for regional economic reforms.

June 30, 2012

Euro-Crisis Continues

According to RCB, the factional dispute between Germany and France decisive for the eurozone. An easing of the situation is not expected.

June 29, 2012

Zumtobel: Weaker Results Ahead

The Austrian lighting company will present ist fourth quarter results of 2011/12 tomorrow. Zumtobel´s net income is anticipated to decrease substantially.

June 26, 2012

Chemical Industry Warns of Investment Stop

Peter Untersperger, CEO of the fiber manufacturer Lenzing and chairman of the Austrian chemcial industry is very critical of the energy efficiency act.

June 22, 2012

Tricky Climate for Austrian Economy

The economic activity continues to lose pace – a weaker economic growth is expected for the remainder of the year. Exports and stable domestic demand support an unchanged GDP forecast of 0.8 per cent for 2012.

June 19, 2012
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