Sponsored
Page 3/5

Investments

Serbia to Invest € 10bn in Energy Sector

Serbia will invest € 10 bn in the development of the energy sector in the next eight years.

July 12, 2013

Poland: NBP Downgrades Forecasts for GDP and CPI

The National Bank of Poland (NBP) downgrades GDP and CPI forecasts over next two years.

July 9, 2013

Abramovich Withdraws from Politics

Abramovich resigned from office as speaker of the parliament of the Koryakia Autonomous District.

July 2, 2013

Leitl: „Cut of Base Rate by ECB Important and Necessary Signal“

President of the Austrian Chamber of Commerce Christoph Leitl welcomed the cut of the main refinancing rate to 0.5 percent.

May 2, 2013

Croatia Looking at EU Through Rose-Tinted Glasses

On July 1, Croatia will be joining the EU as 28th member state. Croatia is the first country after the economic crisis to become a member of the Union.

April 17, 2013

Favorable Outlook on Estonia’s Economy

Estonian economy’s consistent growth will continue in the coming years

April 11, 2013

Austrian Economy Recovers Cautiously

At the moment, Austria´s economy still stagnates. In the first quarter of 2013, the economic growth rate only comes at 0.1%, the Austrian National Bank says.

March 13, 2013

Hungary: GDP Fell by 2.7%

The gross domestic product of Hungary decreased by 2.7% in the fourth quarter of 2012 compared to the corresponding period of the previous year.

March 8, 2013

Leitl: "Restructuring Instead of Cashing in"

Christoph Leitl, head of WKO (Austrian Chamber of Commerce), dismisses further plans for a tax hike. The outcome would be fatal and the economy exposed to threats.

March 6, 2013

Estonia: Turnover in Business Sector Increased by 7 %

2012 proves to be a successful year for the business sector

March 6, 2013

Lithuania: Investment in Tangible Fixed Assets and Construction 2012 Grew Slightly

Statistics Lithuania presents a statistical publication Investment in Tangible Fixed Assets and Construction, which provides statistical information for the year 2012 prepared based on quarterly statistical survey data.

March 6, 2013

Czech Republic: CNB Fights Against Recession

As the interest rate was cut to a technical zero, the Czech National Bank considers intervening against the crown.

March 4, 2013

“I do not expect for crediting requirements to tighten”

There is no reason for crediting requirements to be tightened, Zoran Stavreski, Macedonia´s Minister of Finance says.

March 4, 2013

Hungary: Rise in Investments in Manufactury Industry

Yet investments in the national economy in general dropped by 7.9 % compared to the last quarter of 2011.

March 1, 2013

Hungary Enlarges Railway Network

State Secretary on Foreign Relations Peter Szijjarto announced that MAV (Hungarian Railways) starts its biggest investment program since WWII.

February 28, 2013

Hungary: Investments Continue Decreasing

In 2012 the volume of investments in the national economy was 5.2% lower than in the previous year.

February 28, 2013

Romania: Disappointing Economic Growth

“According with the flash estimate, GDP increased marginally in Q4 2012 (+0.2% qoq), which was a touch above our expectations and market consensus”, Raiffeisen Research reports.

February 21, 2013

Austria: GDP Decrease Due to Declining Consumption

In the fourth quarter of 2012, Austria´s economy shrank by 0.2%. In the full year 2012, Austria´s GDP expanded by 0.7%.

February 14, 2013

Tusk: “First Months Will be Most Difficult”

Poland´s Prime Minister Donald Tusk explained that the Polish economy will recover in the second quarter of 2013.

February 4, 2013

Czech Republic Returns to Growth Slowly

According to the Czech Ministry of Finance, the recovery will be only gradual. This year, GDP is expected to increase by 0.1%.

February 2, 2013

Polish Economy Grew by 2.0% Last Year

Today, the Polish Statistical Office has published the economic data for 2012.

January 30, 2013

OeNB: Austrian Banks Remain Cautious

According to Austrian National Bank, the Austrian banking industry tends to keep the strict lending policy in the corporate banking sector.

January 30, 2013

Slovenia: Corporate Lending Falls Considerably

Due to the difficulties in the Slovenian banking sector, the real economy suffers from a credit crunch.

January 30, 2013

Austrian Economy: IHS and WIFO Cautiously Optimistic

The two Austrian economic research institutes anticipate an economic recovery in the second half of 2013.

December 21, 2012

“Risks to Financial Stability Remain High”

The European sovereign debt crisis continues to impact international financial markets. Despite the stabilizing effect of monetary and financial policy measures the risks to financial stability remain at a high level, OeNB says.

December 14, 2012

Czech Republic: Recession Continues

In Q3 2012, the gross domestic product adjusted for price, seasonal, and calendar effects decreased according to the refined estimate by 1.3%, year-on-year (y-o-y), and by 0.3%, quarter-on-quarter (q-o-q).

December 7, 2012

Poland: Economic Growth Flattens Further

The crisis in the Eurozone also hits Poland. In the third quarter, the economic growth rate only came at 1.4%.

December 3, 2012

Hungary: Small Decrease of Investments

In quarter 3 of 2012 the volume of investments in the national economy was 2.1% lower than one year before.

November 29, 2012

Czech Republic: Overall confidence in economy decreased

The composite confidence indicator (economic sentiment indicator) decreased by 1.7 points compared to October.

November 26, 2012

Austrian Economy Stagnates

According to Austrian National Bank (OeNB), the economic growth rate will be slightly negative. A recession is not excluded.

October 12, 2012

Verbund Does Not Exclude Sale of Enerjisa

The Austrian energy company Verbund is said to withdraw from Turkey. However, further investments would be conceivable too, Verbund says.

October 12, 2012

Verbund in Turkey: Further Investments Instead of Withdrawal

In August, Verbund was said to sell its stake in Enerjisa to German eon. Now, Verbund may enlarge its investments in Turkey further.

September 19, 2012

Poland Adapts Austerity Targets

Due to the economic crisis in Europe, the Polish government gives up its aim to reach a budget deficit below 2.2% of GDP.

September 5, 2012

Hungary: Foreign Direct Investments Declining

Against the reference period of 2011, investments in Hungary were down by 6%.

September 3, 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

Austrian Middle Class Demonstrates Optimism

According to a recent study, Austria´s middle sized firms expect a positive future. The willingness to invest is growing.

August 25, 2012

Investment in Czech Republic Still Below Pre-Crisis Level

The global financial crisis, which originated in the USA in 2007 also hit the Czech Republic quite hard despite the fact that neither its internal nor external imbalances were excessive, the Czech Central bank stated.

August 24, 2012

Global Increase in Direct Investments made by Austrian Companies

In addition to CEE/SEE countries, growth in Austrian direct investments was also seen in Germany, Russia and Turkey.

August 21, 2012

Daimler Said to Double Production in Hungary

The Germany automobile producer may enlarge its production facilities in Hungary massively.

August 20, 2012

Investments: Gold and Real Estate on the Rise

Compared to 2007, Austrian savers shift their assets towards gold and real estate. Investment funds and shares are less popular.

August 13, 2012

RHI Does Not Exclude Shutdowns

The Austrian manufacturer of refractory products faces capacity problems in the steel sector. Investments may be cut.

August 9, 2012

OMV to Focus on Gas Business

The Austrian oil and gas company intends to exploit natural gas in proximity to Europe. The Black Sea and the North Sea are the strategically most important areas.

August 8, 2012

Austrians Tend to Save Less

Erste Bank 2nd Quarter Savings and Credit Forecast: Half of Austrians expect an economic upswing within the next two years. The average savings amount drops further to € 4,617.

August 7, 2012

Kapsch TrafficCom Strengthens Presence in Mexico

The Austrian IT company acquired 33% of Mexican SIMEX.

August 1, 2012

AUA Invests € 80m in Long Distance Flights

Lufthansa´s subsidiary Austrian Airlines upgrades its airplanes. Ten long distance plances will be renewed.

July 30, 2012

Verbund Modernises Styrian Hydropower Plants

Austrian Verbund invests € 400m in hydropower plants. „Annual electricity requirements of all private households in Styria already met with clean hydropower.“

July 20, 2012

Bulgaria Aims to Join Eurozone

Bulgaria´s Finance Minister Simeon Djankov underlines the importance of the banking supervision and the Fiscal Pact, but wants to keep the fiscal competence.

July 16, 2012

Austrian M&A Activity Faces Depression

Due to the global insecurities, the M&A activities in Austria decreased substantially in the last year. Against the prior year, the number of deals was down by 27%.

July 11, 2012

Vienna Airport to Build Third Landing Strip

Vienna International Airport is now entitled to start the construction works oft he third landing strip. The construction works will take two years.

July 11, 2012

Active Direct Investments Higher than Passive Direct Investments

Austrian enterprises make more investments abroad than foreign countries do in Austria, Austrian Central Bank announced.

July 5, 2012