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Snowden Applies For Asylum in Austria
Former US intelligence official Edward Snowden has applied for asylum in several countries, among them Austria, according to WikiLeaks.
July 2, 2013
Putin Offers Snowden Right to Stay
Russian President Vladimir Putin has offered fugitive IT specialist Edward Snowden a right to stay as long as he will not further harm the US.
July 1, 2013
Turkey Becoming Important Global Investor
According to the latest survey by UNCTAD, Turkey has become an important investor.
June 28, 2013
Austrians to Invest Strongly in FDIs
Austrian investors have increased their direct investments in foreign countries by eleven percent to a total of € 145.5bn while FDIs in Austria remain unchanged at € 118.3bn.
June 26, 2013
Rosneft to Supply China Over 25 Years
Russia’s Rosneft agreed to double oil supplies to China, in a deal worth $ 270bn.
June 24, 2013
Russia: Putin Changes Personnel at Ministry of Economics
In the light of the menancing recession, Russian president Vladimir Putin has reorganized the leaders of economic policy-makers.
June 24, 2013
Mitterlehner: „4,000 New Austrian Exporters Within Two Years“
Internationalization Offensive (IO) “go international” will be prologued until 2015. Economy Minister Mitterlehner and head of the Chamber of Commerce (WKO) Leitl present their main targets for Austrian export.
June 21, 2013
Russia to Improve Relations to China
Russia turns its back on Europe and starts focusing on Asia instead in regard to oil export.
June 21, 2013
Hypo: Deal with Russian Oligarch with “Proper Mortgage”
The investigations into money laundering at the Federal Criminal Office concerning the business with Russian oligarch Vladimir Antonov were brought to an end without any results. There were no arms among the securities.
June 20, 2013
Hypo Group: Business With Russian Oligarch
Austrian magazine „News“ unveils a remarkable business connection of Hypo Group from 2008.
June 19, 2013
Russia Pays Off Debt to Serbia and Slovakia
On Tuesday, the Russian Finance Ministry announced that the country has paid off a $ 2bn debt remaining from the Soviet era to Serbia and Slovakia.
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
World Bank: EU11 Countries Remain Attractive for Foreign Investors
Despite the slow recovery of economic activity, EU11 countries nonetheless remained attractive for foreign investors.
June 14, 2013
EU27 Foreign Direct Investment Amounts to € 171bn in 2012
Over 60% of investments from the rest of the world into the EU27 came from the USA in 2012.
June 13, 2013
Gazprom Withdraws from Greek Privatization Offer
The months of courtship were in vain. The Russian enterprises Gazprom and Sintez allowed the period prescribed for the privatization of Greek gas company Depa to expire.
June 12, 2013
Macedonia to Join South Stream Pipeline Project
Contracts will be signed next week in St. Peterburg.
June 12, 2013
Bulgaria: Protests Against Shale Gas Exploration
Protests will make it problematic for the new Bulgarian government to lift the moratorium on shale gas exploration.
June 10, 2013
Strabag: Doubts About Joint Venture in Russia
The Austrian Construction Company Strabag doubts that a joint venture in Russia will take place.
June 10, 2013
Turkey: Erdogan Demands Peaceful End Of Protests
After his return from Northern Africa, Turkish Prime Minister Recep Tayyip Erdogan has demanded an immediate stop of protests in his country. Many Russian investors are supposed to have drawn their assets from Turkey.
June 8, 2013
WIIW: FDI in CESEE to Decline
The Vienna Institute for Economic Studies (WIIW) forecasts a decrease of 20 percent in foreign direct investments.
June 7, 2013
Papa: CEESE To Keep Growth Advantage
Deputy CEO of Bank Austria Papa sees a long-term potential in CESEE countries. Bank Austria is expecting a growing credit business apart from the favorable economic outlook in the region.
June 6, 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
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
Rosneft to Take Over Itera
According to a newspaper report, Rosneft intends to take over Russia’s second biggest gas supplier Itera for around € 2.3bn.
May 28, 2013
Czech Republic: Russia to Offer Significant Investments in Return for Temelin Tender
Czech Prime Minister Necas emphasized on the transparency of the decision.
May 28, 2013
Serbia to Receive Russian Support in South Stream Project
Russia to provide € 1.7bn for construction of South Stream gas pipeline project in Serbia.
May 27, 2013
Russia As Big Disappointment for Strabag-CEO
Austrian construction company Strabag has hoped to have gained substantial foodhold in the Russian market by now.
May 27, 2013
Voestalpine Hopes for Participation in South Stream Project
CEO Eder announced the Austrian Steel Manufacturer was leading “intensive” talks with Russian energy company Gazprom.
May 16, 2013
Ukraine and Poland Could Be Future Leaders in Shale Gas Production
Management consultant enterprise A. T. Kearney regards Poland and Ukraine as the future European leaders in the productin of shale gas.
May 15, 2013
Russian’s Policy on Belarus: Support As a Means of Subordination
Despite the conflicts and frictions in their bilateral relations, Russia has for years regularly invested in Belarus, according to the Centre of Eastern Studies.
May 13, 2013
Gazpromneft-Aero Signed Major Contract With Turkish Airlines
Gazpromneft-Aero signed a long-term contract with the Turkish airline transport company to refuel all flights.
May 8, 2013
Slovenia: South Stream Gas Pipeline Project to Get National Priority Status?
Russia urges Slovenia to give the South Stream gas pipeline project national priority status.
May 6, 2013
Austria: EVN Results Expected to Be Below Estimates
EVN specifies expected consolidated Group net profit as of 09/30/2013
May 2, 2013
Sberbank: New Head of SME Business
Sberbank Europe AG appointed Csongor Németh as new Head of SME business
May 2, 2013
Joint Energy Diversification Plans for Ukraine and EU
Ukraine and EU share Energy Diversification Plans - Energy Community Official.
April 30, 2013
Rosneft: Ambitious Plans
Russion oil producer intends to increase its shareholder value by 60 % in the next two years.
April 26, 2013
Poland: Audit at Oil and Gas Company PGNiG
Poland’s new Treasury Minister Wlodzimierz Karpinski announced on Wednesday to carry out an urgent audit at Polish state-controlled oil and natural gas company PGNiG.
April 25, 2013
Czech Republic: New Rounds of Negotiations for Temelin Tender
Czech power provider CEZ has started another round of talks with bidders in the offer to extend the Temelin nuclear power plant in southern Bohemia.
April 24, 2013
Serbia: Telekom Srbija to Be Privatized
According to reports by the media, the Serbian government wants to take another try to privatize Telekom Srbija.
April 23, 2013
Putin: Stimulus Package for Russian Economy
Because of the present stagnation Putin demands a stimulus package for Russian economy.
April 22, 2013
Former Polish President: “EU Needs Ukraine”
In an interview with Polish news magazine Wprost, former Polish president Aleksandar Kwasniewski explains that in the future, the EU will need Ukraine.
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
Bulgaria: FDI Increased by € 40.3m
Largest investments from Greece (€ 9.4m). Austria ranks 4th (€ 6.1m) in investors.
April 18, 2013
Czech Republic and Russia to Enhance Economic Relations
Minister of Industry and Trade Martin Kuba supported deepening of economic relations with Tatarstan. The cooperation with Russian regions is very important for the Czech Republic.
April 16, 2013
Eurozone: Trade Surplus € 1.3bn Y/Y
Euro area international trade in goods surplus € 10.4 bn
April 15, 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
Cyprus Grants Damaged Foreign Investors Citizenship
Instead of the so-far € 10bn, investors now only have to endow € 3bn in order to obtain the Cyprian citizenship.
April 15, 2013
Cyprus: Bail-Out Package More Expensive Than Thought
The aid-money needed increases from € 17.5bn to € 23bn, according to Cyprian government.
April 11, 2013
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