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Slovakia

Poor Outlook for Creditors of SkyEurope

The Austrian-Slovakian airline, which became insolvent in 2009, will only reach a quota of 16%.

January 4, 2011

Austria's Labor Market Opens

As of May 1, 2011 the German and Austrian labor markets open for the new EU citizens. Romania and Bulgaria will follow suit in 2013.

December 30, 2010

Garage Operator Company List Expands to Hungary

The Vienna-based List Group, which acts as real estate company, acquired the Wipark Group in Hungary.

December 28, 2010

Nowotny: No Euro-bonds Yet

Although he supports the euro-bonds in principle, the time has not come yet for the Governor of the Austrian National Bank.

December 10, 2010

Raiffeisen Bank International's direct bank Zuno launches in Slovakia

Zuno, which target Internet-focused customers, launches operations in Slovakia. Additional CEE countries will follow in 2011.

December 6, 2010

Austria's Position in the CEE Region Shakes

According to the Roland Berger consultancy agency, Austria receives not only competition in the CEE countries, but the importance of the region also decreases from a global viewpoint.

December 1, 2010

Immofinanz Expands into the Czech Republic and Slovakia

Immofinanz established a new retail concept: STOP.SHOP. has grown in both importance and size in recent years. The Czech Republic and Slovakia are the most important countries.

November 11, 2010

Slovakia: Changes in Automobile Production Trend

Manufacturers operating in Slovakia invest again. Total production in 2010 may reach over half a million vehicles. An opportunity for foreign suppliers.

October 12, 2010

RZB Group Tatra banka among Lead Managers for Slovak Republic EUR 2 Billion Benchmark Bond

Tatra Banka (RZB Group), HSBC, SG CIB and UniCredit Bank Slovakia placed a Slovak Republic issue with a maturity of fifteen years.

October 11, 2010

Bratislava: Investment in Slovak 'Las Vegas' in Danger

Bratislava might lose the planned amusement park "Metropolis", with an investment amount of 1.5 billion euro, if the Slovak government revokes the already approved tax concessions.

October 7, 2010

Strabag acquires property und facility management service provider in the Czech Republic

The acquisition of 100% of ECM Facility a.s., Prague garantes the number 5 position in property & facility management in the the Czech Republic.

September 20, 2010

CEE Companies in a Turmoil

According to a study by Deloitte, last year Eastern Europe’s top 500 companies showed a clear decline in sales.

September 14, 2010

Slovakia increases VAT temporarily

As soon as the budget is back on its feet, the tax will be 19 percent again, according to Prime Minister Iveta Radicova. A deficit of up to eight percent is forecast for 2010.

September 9, 2010

Migration barriers - Austria missing out on Human Capital

Due to existing migration barriers, Austria looses highly skilled workers who are hard to find, especially in the years of the boom in the domestic labour market.

June 23, 2010
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