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No Further EU Accession Talks with Turkey
The European Union is obviously going to blow the planned accession negotiation with Turkey next Wednesday because of the recent escalations of violence in the capital Ankara.
June 20, 2013
AUA „Makes Good Progress“
Chairman of Lufthansa Christoph Franz is confident that the Austrian affiliate Austrian Airways (AUA) will be able to make the turnaround in time.
June 20, 2013
Alpine: Thousands of Jobs At Risk
Alpine’s Insolvency could cost thousands of people’s jobs. According to Social Minister Rudolf Hundstorfer, the Social Ministry would utilize all means to prevent a worst-case scenario. Alpine's affiliate in Germany is filing for bankruptcy as well.
June 20, 2013
Polish Road Authority As Tardy Payer
Prime Minister Tusk seems unimpressed about ambassadors from six countries filing a complaint.
June 19, 2013
Alpine Facing Bankruptcy
The restructuring of Austria’s second biggest construction company Alpine has failed. The enterprise therefore has to face bankruptcy.
June 19, 2013
Strabag: Haselsteiner to Leave as CEO
Russia will not surpass Germany as the most important market, the outgoing CEO explains. He expresses his disappointment in the market.
June 14, 2013
Serracchiani: „Will Do Everything I Can“
In an interview with Austrian newspaper “Kleine Zeitung“ Debora Serracchiani, new regional president of the province Friuli in Italy announced to do everything so that Hypo Group Italy will survive.
June 11, 2013
Serbia: No EU Accession Negotiations in 2013
Serbia will not be able to start the desired negotiations for an EU membership this year.
June 6, 2013
Lopatka: "Visa Cooperation Reinforces Mutual Ties Between Austria and the Czech Republic"
Austrian State-Secretary on the signing of a new agreement and working meetings in Prague.
June 4, 2013
Czech Republic: Dumping Offers for Building of Highway
Major construction companies screw down prices for the building of a highway segment from Linz to Prague.
June 3, 2013
Russia: Gazprom Looking for Alternative Markets
After 40 years of a surge in revenues, Russian energy giant Gazprom has to face turbulent times in Europe.
June 3, 2013
Austria: Unemployment Rose By 9.5 Percent
In total, 330,309 persons were looking for a job in May. Austria still has the lowest unemployment rate within the European Union.
June 3, 2013
Hypo: Contract Could Be Signed Today
Today the Austrian affiliate of Hypo Group could be transferred to the property of Indian Srei Group. The company is a fast-growing listed enterprise with around 30,000 clients.
May 31, 2013
Romania to Enhance Shale Gas Production
Romania has announced to soon launch further tenders to increase the exploration of shale gas.
May 27, 2013
Croatia: PM Anxious About Country’s Image
Prime Minister Zoran Milanovic announced that Croatia had to fight hard for its reputation within the European Union.
May 27, 2013
Siemens to Cut 1,000 Jobs in Austria?
No official figures were disclosed. However, there are “programs”, which have to be negotiated with employees, according to a spokesman.
May 24, 2013
Voestalpine Intends to Boost Business in Germany
The Upper-Austrian steel manufacturer voestalpine wants to significantly increase its business in Germany.
May 23, 2013
Orban’s „Derailment“ Causes Indignation in Germany
Hungary’s head of government Viktor Orban seems to love the confrontation. However, with the accusation of Germany using Nazi-methods he overstepped the mark in terms of tact.
May 21, 2013
Serbia Considering Loan Agreement With IMF
Serbia is considering discussing a possible IMF loan after EU entry talks are agreed on. German Finance Minister Guido Westerwelle announced his support in Serbia’s path to an EU membership.
May 21, 2013
Rosenbauer: Out of Court Settlement Reached
Rosenbauer and two other manufacturers have signed a settlement agreement with the German municipal umbrella organizations providing for out-of-court restitution in connection with the fire fighting vehicle cartel in Germany.
May 14, 2013
EU Commission Expects Austria to Agree To EUSD
Head of Eurogroup Jeroen Dijsselbloem expects a constructive approach of Austria in the debate about the automatice exchange of data of tax foreigners in Europe.
May 13, 2013
Austria: Domestic Banks Reject Taking Over Hypo Group
The task force, appointed for Hypo Alpe Adria Group by the government, held a meeting again today. It is only two more weeks until the suggestions have to be presented to Brussels. Domestic banks reject participating in a bad bank.
May 13, 2013
Main Investors at CEE Stock Exchange Group from US
Institutional Investors and the CEE Stock Exchange Group in 2012.
May 13, 2013
Istanbul to Receive € 22bn for World's Largest Airport
Today, a Turkish construction consortium has secured itself a record sum of around € 22bn for the contract of the construction of the world’s biggest airport in Istanbul.
May 3, 2013
Romania: Confident About Economic Recovery
According to a survey, Romanians are among the most confident citizens in Europe about the recovery of their economy.
May 2, 2013
Germany: Upgrade and Expansion at Zumtobel Plant in Usingen
Lighting manufacturer invests 1.2 million euros in energy concept and factory hall expansion. Annual energy savings of approx. 25 per cent. EU Green Building certification applied for.
May 2, 2013
Joint Energy Diversification Plans for Ukraine and EU
Ukraine and EU share Energy Diversification Plans - Energy Community Official.
April 30, 2013
Asmussen: “New Eurozone Members Will Reap Benefits of Initial Phase”
CEEs and The Crisis: Current Challenges and Benefits
April 30, 2013
2013 IIF Annual Meeting of Central and East European Bank Chief Executives
The 2013 Annual Meeting of Central and Eastern European Bank Chief Executives, hosted by Deutsche Bank AG, will take place on April 28-30 at Deutsche Bank’s office in Berlin.
April 29, 2013
Verbund AG: Closing of The Asset Swap With E.ON
Verbund, Austria’s leading electricity company, and E.ON, one of the world’s largest energy providers, finalised the asset swap that was signed on 3 December 2012.
April 26, 2013
US: Most Important Export Market for Austrian Wine
The United States have replaced Germany as the most important export market for Austrian wine.
April 25, 2013
Ca Immo: Google To Lease 14,000 Sqm In Munich
Google has taken out a lease with CA Immo and E&G Financial Services for the planned Kontorhaus office building, in Munich’s Arnulfpark.
April 22, 2013
Austria: Immofinanz Group Acquires Berlin Residential Portfolio
Buwog, a wholly owned subsidiary of Immofinanz Group, has acquired a residential portfolio in Germany.
April 22, 2013
Austria: National Assembly to Vote on Bail-Out Package for Cyprus
In order for Cyprus‘ bail-out package to become effective, many national parliaments have to vote in favor of it. Austrian’s opposition is against it.
April 22, 2013
EU Countries to Use Ukrainian Gas Storage Facilities
EU Countries Show Interest in Ukraine’s Gas Transportation System
April 19, 2013
Sberbank Europe AG Appoints Igor Strehl to Management Board
Igor Strehl moves from Management Board of VTB Bank to Sberbank Europe.
April 19, 2013
Germany: New Building for Brandenburg by STRABAG
Agreement on the financing, planning, construction and operation over 30 years of an office building in the state capital of Potsdam. Project value € 82 million
April 19, 2013
Forbes: “Austere Baltic States Outgrow Their European Neighbors”
Forbes magazine has dedicated a comprehensive article about how the Baltic countries manage to conquer the financial crisis.
April 17, 2013
Russia: Most Important Future Market for Opel
Head of General Motors, Dan Akerson, regards Russia as the most important future market for Opel.
April 15, 2013
Austia: Stable Industrial Production
Austrian industrial enterprises are particularly concerned about the future. The order situation was stable last year, however, only because of domestic orders. Sales in exports are still decreasing.
April 12, 2013
Major Project for Alpine In Berlin
Alpine to build 345 appartments in Berlin. Building permission of € 56m project was announced yesterday.
April 12, 2013
FDI: Hungary Popular With German Enterprises
The majority of German companies would again choose Hungary for their investments
April 11, 2013
Serbia: Vucic „Deeply Disappointed“
Serbian First Deputy Prime Minister Aleksandar Vucic has given up hope for a new date in June for the beginning of EU accession negotiations. Russian Prime Minister Medvedev expressed support.
April 11, 2013
Bad Outlook for Slovenia’s Economy
Slovenia receives bad marks in a report by the EU Commission. Together with Spain, Slovenia’s economy is endagered to collapse in case measures will not be made in the next few weeks.
April 11, 2013
Household Assets in Austria Lower Than in Spain
The proportion of owned homes in Austria and Germany is below 50 % and one of the reasons why household assets are on the lower end of the scale.
April 10, 2013
Fitch: Poland Best Placed For Economic Recovery
In a statement regarding a report on the need of structural reforms in the CESEE region, rating agency Fitch awarded Poland the best position for an economic recovery among five countries.
April 9, 2013
Russia to Contribute to Cyprus Aid-Package
President Vladimir Putin has announced that Russia will contribute to rescue-package for Cyprus.
April 8, 2013
How Austrian Airlines Intends to Soar Again
In an interview with the Austrian newspaper Presse, Jaan Albrecht, head of Austrian Airlines explains why he had to carry out sudden drastic measures and what the future of the airline should look like.
March 29, 2013
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