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Leaders

New Supervisory Board at Alpine

Baldomero Falcones assumes the function of Chairman of the Supervisory Board at the Austrian construction company Alpine.

July 13, 2012

Banking Supervision: Nowotny Warns of Botch

The governor of the Austrian Central Bank (OeNB) thinks that the timeline fort he planned unified banking supervision authority is „very short“.

July 10, 2012

New CEO at ATB

Andreas Schindler is the new Chief Executive Officer of the Wolong-owned ATB Austria Antriebstechnik.

July 4, 2012

Austrian Environmental Minister Against Fracking

Nikolaus Berlakovich thinks that shale gas is no alternative. Fracking would be „extremely environmentally harmful“.

July 3, 2012

„Up to 70% of European Steel Capacities are Endangered“

Wolfgang Eder, CEO of Austrian voestalpine, thinks that the European steel industry faces fierce competition from the East.

July 3, 2012

Oblin New CFO at Austrian Post

The previous strategy manager Walter Oblin succeeds Rudolf Jettmar as Chief Financial Officer.

July 2, 2012

Alfred Stern Joins Borealis Executive Board

Borealis, an Austria provider of chemical and innovative plastics solutions, announces the appointment of Alfred Stern as Executive Vice President for Polyolefins, effective July 1, 2012.

July 2, 2012

New Board Member at CA Immo

The supervisory board of the Austrian real estate company decided changes on the board of CA Immo. Florian Nowotny succeeds Wolfhard Fromwald.

June 30, 2012

Infineon to Invest € 250m in Austria

In 2012, Infineon Austria´s CEO Monika Kircher-Kohl wants to make investments of € 250m. The high tech company is already looking for new staff.

June 28, 2012

CESEE: „Nothing Has Changed“

Walter Rothensteiner, CEO of Austrian Raiffeisen Zentralbank, is convinced of the success of the expansion into the CESEE region.

June 26, 2012

Rothensteiner Succeeds Konrad

Walter Rothensteiner becomes general attorney of the Austrian Raiffeisen sector. Christian Konrad resigned.

June 25, 2012

„The end of the Euro would mean Europe´s Explosion“

Ewald Nowotny, governor of the Austrian Central Bank (OeNB) reaffirms that Europe needs the Euro.

June 25, 2012

Treichl: „Europe Does Not Need the Euro“

Andreas Treichl, CEO of Austrian Erste Group thinks that the European Union would work very well without the common currency. A common army would be more important.

June 25, 2012

New IV´s President Dissatisfied with Political System

The corruption scandals oft he past would damage Austria´s reputation as business location, Georg Kapsch thinks.

June 23, 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

Controversy About Nowotny

Ewald Nowotny, the governor Austrian Central Bank (OeNB) argued that the austerity policy in the 1930s caused the rise of the Nazi regime. A wave of indignation emerged.

June 21, 2012

New IV´s President: „Down With Taxes!“

Today, Georg Kapsch became the new President of the Federation of Austrian Industries. In order to create growth, taxes and regulations should be cut.

June 21, 2012

Frauenthal to Expand Further

The Austrian automotive component supplier wants to raise revenues by € 200m through acquisitions.

June 20, 2012

VIG to Invest in CEE Real Estate

The Vienna Insurance Group intends to invest more in real estate. „Central and Estern Europe is more interesting for us.“ CEO Peter Hagen says.

June 20, 2012

Fekter Approves Greek Election Results

The Austrian Minister of Finance Maria Fekter is happy with the „Pro-European „ statement oft he Greeks. Minor adjustments to aid packages would be possible.

June 18, 2012

Markus Beyrer New Director General of Businesseurope

The Council of Presidents (COPRES) of the leading European business organization unanimously appoints 46 year old Austrian.

June 15, 2012

RZB Wants to Keep Austrian Deposit Protection

Raiffeisen Zentralbank´s CEO Walter Rothensteiner is skeptical of the European deposit protection proposal.

June 15, 2012

Monti Angry at Fekter

Italy´s Prime Minister Mario Monti is unhappy with the statement of Austria´s Finance Minister Maria Fekter on Italy. Fekter considered that Italy may need help by the EU.

June 12, 2012

New Top Executive at Telekom Austria

Roland Haidner takes over as Director of Telekom Austria´s M&A Department.

June 11, 2012

Albrecht: „Common Collective Agreement in 2012“

The CEO of Austrian Airlines is optimistic to achieve unified collective agreement for the whole workforce. Costs for the transfer of undertakings are expected to reach up to € 90m.

June 9, 2012

Fischer Has Understanding for Bank Tax in Slovakia

Slovakia wants to introduce bank taxes. Austria´s Federal President Heinz Fischer, who met his Slovakian counterpart Ivan Gasparovic, does not have objections.

June 9, 2012

Kommunalkredit Sale: Austria Hires Morgan Stanley

The nationalized Austrian lender Kommunalkredit should be sold until 2013. The U.S. investment bank should act as commission agent.

June 6, 2012

„Bank Union is Still Far Away“

Ewald Nowotny, Governor of Austria´s Central Bank, thinks that a bank union in the Eurozone would still take some time. Erste Group´s CEO Andreas Treichl approves the idea.

June 6, 2012

„India and China are not the Problems“

Voestalpine´s CEO Wolfgang Eder thinks that competitors from Turkey, Russia and Ukraine may become problematic for the European steel industry.

June 5, 2012

Government Battles for OeNB´s Reorder

The reorder of the supervisory board and the management board at the Austrian Central Bank( OeNB) was brought forward. Now, a dispute between the coalition parties arose.

June 2, 2012

Pecik Finds New Partner

The Austrian investor and second-largest shareholder of Telekom Austria is said to cooperate with a Russian billionaire.

June 1, 2012

Androsch Criticizes Hypo Group Purchase

In 2009, the Austrian state nationalized the financially stricken Hypo Group. Much time was wasted, the industrialist and Fimbag board member Hannes Androsch thinks.

May 30, 2012

New Supervisory Board at Uniqa

New Supervisory Board Chairman of the Austrian insurance group is RZB´s CEO Walter Rothensteiner, who succeeds Christian Konrad.

May 30, 2012

Nowotny: „Keeping Greece in Eurozone Has Highest Priority“

The Governor of the Austrian Central Bank (OeNB), Ewald Nowotny thinks that ECB does not plan a new bond purchase program.

May 29, 2012

VIG: Hagen Succeeds Geyer

Peter Hagen will succeed Günter Geyer as CEO of Vienna Insurance Group with effect from 1 June. “Management continuity puts the Group on a stable basis” the company says.

May 29, 2012

Malanik Leaves AUA

Executive Board Member Peter Malanik leaves Austrian Airlines.

May 25, 2012

Sawiris Threatens ÖIAG with Slim

The new shareholder at Telekom Austria Naguib Sawiris announced to sell his stake to the Mexican investor Carlos Slim if the industrial holding ÖIAG does not act cooperatively.

May 24, 2012

Nowotny: „Austria is Safe“

The governor of Austria´s Central Bank (OeNB) Ewald Nowotny asserts that the economic stability in Austria is substantially better than in other regions of the Eurozone.

May 23, 2012

Austrian Airlines Streamlines Organization

The former Swiss executive board member Gaudenz Ambühl will head new flight operations.

May 22, 2012

Downsizing: Hypo Group Aims to Achieve Proceeds of € 1.5bn

The nationalized Austrian banking group Hypo Group Alpe Adria starts its sales program in SEE countries and wants to achieve proceeds of € 1.5bn

May 21, 2012

Rothensteiner: Return to Drachma would be „Utter Chaos“

The CEO of the Austrian RZB (Raiffeisen Zentralbank) warns of a Greek exit. At the moment, there would be not contagiousness for Spain or Italy.

May 21, 2012

BCR: Treichl Expects Soon Recovery

Andreas Treichl, CEO of Erste Group, anticipates a soon recovery of the Romanian subsidiary Banka Comerciala Romana.

May 19, 2012

Androsch Criticizes Political Inactivity

The former Austrian Finance Minister and industrialist Hannes Androsch thinks that both austerity and growth strategies are needed and criticizes the government sharply.

May 18, 2012

Slim to Enter Telekom Austria?

The Mexican investor Carlos Slim, who is currently the world´s richest man, is said to acquire stakes in Telekom Austria.

May 18, 2012

Keuschnigg Worries About Austria´s Competitiveness

The new director of IHS (Institute of Advanced Studies) Christian Keuschnigg suggests reforming the Austrian labor market. The welfare state would be too sophisticated.

May 15, 2012

Eder: „Not Making Mistakes of UK and USA“

The CEO of Austria´s largest steel producer voestalpine warns of a de-industrialization in Europe. Today, the UK and the USA would regret their decisions of the past.

May 14, 2012

Telekom Austria: Crucial Shareholder Meeting Comes Closer

On May 23, Telekom Austria holds its next annual general meeting. The new shareholder Ronny Pecik will enter the supervisory board. Conflicts are built in.

May 12, 2012

Alpine Launches New Corporate Strategy

The Austrian construction company underlines its commitment to the energy sector. Profitability should be enhanced, CEO Dotter emphasized.

May 7, 2012

RBI´s Hauptmann Enters ICC

Raiffeisen Bank International´s Andrea Hauptmann appointed new chairwoman of the International Chamber of Commerce Task Force.

May 5, 2012

Haselsteiner to Leave Strabag Earlier

Hans-Peter Haselsteiner is mandated as CEO of Austria´s largest construction company until 2015. Nevertheless, he will leave the management board earlier.

May 4, 2012