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Slovakia
A-Tec to be Dissolved
The Austrian technology company, which should have been sold as a whole, could not find a buyer. The remaining assets will now be offered separately.
October 1, 2011
A-Tec Sale: Penta Sues
The Czech-Slovak investment consortium Penta, which made a bid in the A-Tec sale, sues against the award for the competitor Contor Industries.
September 20, 2011
Kovats with New Plans for A-Tec
According to a new proposal, Penta Investments should only take over part of the Austrian conglomerate. CEO Kovats has submitted an own offer with financial support from a Pakistani billionaire.
August 24, 2011
BKS Bank Continues Expansion Course
The Carinthian/Styrian regional bank recorded an increase in profit of 11.7%. Step-by-step expansion in international markets will be continued.
August 19, 2011
Penta Is Extending Offer for A-Tec
The Czech-Slovak investment group has affirmed its interest in a takeover of the Austrian conglomerate and extended the validity of its offer.
July 28, 2011
New Attempt for Oil Pipeline Bratislava – Schwechat
New impetus for the Austro-Slovak infrastructure project: The pipeline would link OMV to the Russian network.
July 20, 2011
RBI’s Direct Bank Zuno Starts Operations in the Czech Republic
Following the launch in Slovakia at the end of 2010, Raiffeisen’s direct bank now takes up business in a second country.
July 19, 2011
Successful Start for RBI’s Direct Bank Zuno in Slovakia
18,000 Slovak customers have deposited a total amount of € 125m in the first six months since the bank entered the market in December 2010.
June 30, 2011
Purchasing Power Parities 2011 from the Austrian Perspective
US travelling is cheap due to the strong euro. Austrians have high purchasing power advantages of around 50% in the Czech Republic, Slovakia and Hungary.
May 27, 2011
Erste Group: Slight Increase in Profits Expected
UniCredit and RCB expect a slight rise in profits for Erste Group, despite bank taxes in Austria and Hungary.
April 27, 2011
Erste Group Manages € 1.00bn increase of Slovak sovereign bonds
Total orders at approximately € 1.4bn from almost 80 investors . Approx. 80% have been subscribed internationally, mostly from Czech, Germany, Austrian, Benelux and Asian investors
April 18, 2011
Immofinanz Opens Tenth Retail Park in Slovakia
STOP.SHOP., an Immofinanz Group umbrella brand for specialty shopping centres in Central Europe, continued its growth course with today’s opening of the tenth retail park in Slovakia.
April 15, 2011
Cargo-Partner Invests 21.5 Million Euro in Slovakia
The Austrian shipping company cargo-partner sets up a logistics center in Slovakia. The first phase - a 7,300 m² large warehouse of 30,000 square meters - will be finished in early 2012.
April 13, 2011
No Rush Expected on the Labor Market after the End of the Transitional Periods
After 30 April 2011, an additional access to the Austrian labor market of about 11,500-16,500 people annually from Hungary, the Czech Republic and Slovakia is expected.
April 12, 2011
Falkensteiner Builds in Serbia and Slovakia
The Austrian developer of tourism projects is expanding in the CEE region. The premium segment in the hotel industry is to be strengthened.
March 31, 2011
Hardly any Effects Expected by Labor Market Opening
As of May 1, 2011, the citizens of the countries which joined the EU in 2004 will be able to work in Austria without any restrictions. The effects should be kept within certain limits.
March 4, 2011
Increasing Profits for BKS
The Carinthian/Styrian regional bank could increase net earnings after taxes by 14.8%.
March 4, 2011
Erste Group manages € 1.25bn increase of Slovak Bonds
Strong interest for the Slovak sovereign bonds offering: total orders amounted to € 1.9bn from over 100 investors.
February 19, 2011
Investments in Renewable Energies in the CEE are booming
According to a study by TPA Horwath, Austrian companies will expand massively their involvement in the field of renewable energies in the CEE region.
February 4, 2011
Vienna Insurance Group Shows 15% Increase in Profits
Significant plus of Group profit for the year (before taxes) by almost 15 percent to about € 505m. Increase of premiums written by 6.1 percent to € 8.7bn.
January 25, 2011
New CFO for Vienna Insurance Group Slovakia
Vienna Insurance Group in Slovakia: Klaudia Volnerová is appointed Kooperativa's new Chief Financial Officer
January 21, 2011
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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