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Moscow

Russia's Yelena Baturina Divests Grand Tirolia Hotel for €45 Mln

The billionaire and wife of Yury Luzhkov, the former Moscow mayor, is selling her Kitzbühel 5-star hotel for 45 million euros to an investor. Rumour has it that the investor is looking for an international operator.

April 10, 2018

AUA Starts with Summer Flight Schedule 2018: More Flights to Germany, but CEE Remains Core Market

Austrian Airlines offers a flight program with 138 destinations in 55 countries in summer 2018.

March 26, 2018

Chancellor Kurz Visits President Putin: "The situation in Syria is dramatic"

Austrian Chancellor Sebastian Kurz traveled to Moscow to meet Vladimir Putin. The focus of the trip was a working meeting with the Russian President, with whom Kurz discussed, among other things, the bilateral relations of both countries, the relationship between Russia and the EU, the Ukraine conflict and the current situation in Syria.

February 28, 2018

How do Russian Politicians and Oligarchs Withdraw their Money from Austria?

The Russian money nobility has begun to repatriate large amounts of its western-hoarded money back to Russia in order to deprive it of access by Western authorities. The countries of origin are above all Switzerland, but also Austria and Great Britain. Sberbank, Russia's largest and state-owned bank, speaks of an atypically high capital inflow to Russia. Within a few weeks, a tripling of such repatriation transactions took place compared to the same period of the previous year. The sum is hundreds of millions of dollars. The average transfer amount has increased within a year by 50% to 3 million dollars. This meets with the Kremlin's desire to repatriate Russian assets.

February 22, 2018

Strabag building turnkey luxury apartments in Moscow

The European construction group STRABAG has been hired by AO Don-Stroy Invest - one of Moscow's leading real estate developers for luxury apartments - to build the project "Living on Plushikha". Until completion in mid-2019, STRABAG will build 202 turnkey residential units distributed over eight individual buildings.

March 30, 2017

Austrian Doctor Treats Vladimir Putin in Moscow

Russian President Vladimir Putin, who has disappeared from the public eye since March 5th, is said to suffer from back problems, according to information from the "Kurier". He is now supposed to be treated by a Viennese orthopedic surgeon.

March 15, 2015

Investment Opportunities: Moscow - Viennese Economic Talks in Vienna

Within the framework of the "Moscow Days in Vienna", an Economic Forum on economic, investment and technological cooperation "Moscow - Vienna 2014 Synergy - New Opportunities for Growth" was held in the Chamber of Commerce of Vienna.

September 11, 2014

CEE Countries Condemn Russian Intervention in Ukraine

Foreign Ministers of the Visegrad countries (Poland, Czech Republic, Slovakia and Hungary) want to strengthen the EU defense policy. Poland intensifies its military cooperation with the U.S.

March 8, 2014

Immofinanz: Takeover of Rostokino in Moscow Finalised

Following the approval by the Russian antitrust authorities, the purchase of the remaining 50% of the Golden Babylon Rostokino shopping center by Immofinanz Group was finalised on 16 May.

May 21, 2012

Major Loan to Immofinanz by Russian Sberbank

The Austrian real estate company Immofinanz Group and the Russian Sberbank have concluded a long-term financing agreement with a volume of up to $ 715m.

April 11, 2012