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USA

Success for Slovenian Bonds at US Market

Slovenia was able to gain some of the required funds for the restructuring of its banking sector through the US bond market.

May 3, 2013

Dacic to Promote for Serbian Economy in US

Serbia's Prime Minister plans economic trip to United States.

May 3, 2013

RHI: US Proceedings Completed

Chapter 11 proceedings of the US companies deconsolidated in 2001 completed

May 2, 2013

Romania: US Chevron to Explore for Shale Gas

Chevron gets green light for exploration of shale gas in Dobrogea blocks.

May 2, 2013

Lopatka: „Poland Important Economic Partner and Ally of Austria in EU“

Austrian State Secretary encourages bilateral relations and trade between the two Central European countries as well as improved relations between EU and US.

April 30, 2013

US: Kapsch TrafficCom Opens TDM Protocol

Kapsch and E-ZPass® Group paves the way for nationwide electronic tolling interoperability

April 26, 2013

US: Most Important Export Market for Austrian Wine

The United States have replaced Germany as the most important export market for Austrian wine.

April 25, 2013

NCR to Expand Business Activity in Serbia

US corporation National Cash Registers is to employ a further 300 staff members.

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

US KFC And Pizza Hut Brands Officially Sold In Turkey

US Corporation Yum! Restaurants International, which is active in more than 125 countries, has officially acquired 65 KFC and 41 Pizza Hut restaurants in Turkey from Szer Group.

April 23, 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

Eurozone: Trade Surplus € 1.3bn Y/Y

Euro area international trade in goods surplus € 10.4 bn

April 15, 2013

Bulgaria: New Coca-Cola Headquarters in Sofia

The world’s largest soft drink producer Coca-Cola is to relocate one of its competence centers from Belgium to Bulgaria.

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

Slovakia: US Steel to Keep Producing in Kosice

US Steel and the Slovak government have come to an agreement which allows the steel manufacturer to stay in Eastern Slovakia.

April 8, 2013

Keuschnigg Forecasts End of Bank Secret in Austria

Head of the Austrian Institute for Advanced Studies (IHS), Christian Keuschnigg expects the end of the bank secret in Austria.

April 3, 2013

Austria: Number Nine in Innovation Ranking

On the EU innovation ranking list Austria loses points and slips back on ninth place.

March 26, 2013

Roiss: “A European Concept and Joint Investments Are Needed“

In an interview with the Austrian newpaper Kurier, CEO of OMV explains why Europe needs other sources of energy and why there is a growing competitive disadvantage compared with the USA.

March 25, 2013

Hungary: In a Debt Crisis Soon?

New all-time high in debts was reported. Hungarian populations hopes for fast political turn-around.

March 22, 2013

Vienna: One of the Most Innovative Cities

According to a ranking by the Australian agency 2thinknow, Vienna is the most innovative city in Europe and scored 3rd place in the cities worldwide, succeeding Boston and New York.

March 22, 2013

Austria: How to Keep Enterprises (from Drifting Away)

At the moment, there is a subtle fear in Austria’s economy that large enterprises are going to outsource to foreign countries which is currently the case with voestalpine.

March 19, 2013

Voestalpine Constructs Direct Reduction Plant in Texas

The decision on the location of the Austrian steel group´s direct reduction plant in North America has been made.

March 13, 2013

Austria: Elsner Files Lawsuit in US Supreme Court

Former BAWAG CEO Helmut Elsner filed a lawsuit over $ 1.8bn against members of the Austrian Social Democrat party (SPÖ).

March 7, 2013

Bulgaria „Protests are Useless“

In an interview with the Austrian daily newspaper „Standard“, Bulgarian author Ilija Trojanov explains why the situation in Bulgaria is rather hopeless.

March 1, 2013

Agrana Expanding in the US

The Austrian sugar, starch and fruit company Agrana is expanding its market presence in North America by constructing a fruit preparation plant in the Northeastern Region of the US.

February 22, 2013

Austria Has High Hopes in Free Trade Agreement with the U.S.

Austria´s exporting sector may benefit substantially, the Austrian Chamber of Commerce (WKO) says.

February 16, 2013

“Austria’s interests are best represented in a competitive EU”

State Secretary Lopatka underlines the necessity of maintaining competitiveness in the EU.

February 14, 2013

Spindelegger Hopes for “Speedy Conclusion of Free Trade Treaty”

Following the speech by US President Barack Obama, Austria´s Vice-Chancellor Michael Spindelegger hopes that negotiations on a free trade area between Europe and the US will be initiated shortly.

February 14, 2013

Voestalpine to Announce Decision on Expansion Into North America

The Austrian steel group plans a major investment in North America. According to voestalpine´s CEO Wolfgang Eder, the decision will be announced in February.

February 9, 2013

Schwarzenegger Calls for a “Sexy, Hip” Approach at the Vienna R20 Conference

Arnold Schwarzenegger called for an end to “doom and gloom” environmentalism and more of a “sexy, hip” approach at the Vienna R20 Conference.

February 1, 2013

Erdogan Considers Joining „Shanghai Five“

Turkey´s Prime Minister Recep Tayyip Erdogan increases the pressure on the EU. He considers a political re-orientation towards the east.

February 1, 2013

“Germany overestimated, USA and China underestimated”

Trade with USA and Italy just as crucial for Austrian economy as trade with Germany, Bank Austria reports. "Made in Austria" products count for above-average proportion of Austrian exports.

January 26, 2013

EU Wants Austria to Give Up Bank Secret

Commissioner Algirdas Semeta threatens with a complaint against Austria. According tom him, Austria and Luxembourg are blocking the automatic information exchange.

January 25, 2013

Austrian Exports to U.S. Growing Massively

Compared to the reference period of 2011, exports to the U.S. grew by 10.4% in the first three quarters of 2012.

January 24, 2013

Eder Reaffirms: „European Industrial Sector Is in Danger“

In an interview with the Austrian news magazine “Presse”, voestalpine´s CEO Wolfgang Eder criticizes the European industrial policy sharply.

January 21, 2013

Bank Secret: Brussels Increases Pressure on Austria

EU-Commissioner Algirdas Semeta calls Austria and Luxembourg to give up their blockade against the reform of the interest taxation directive.

January 14, 2013

Central Europe's Relations With the U.S.

Philip H. Gordon from the Bureau of European and Eurasian Affairs at the U.S.-Central Europe Strategy Forum, Center for European Policy Analysis (CEPA) in Washington, DC remarks on the issue of U.S. relations with Central- and Eastern Europe as follows.

January 9, 2013

Equity Market: Erste Group Cautiously Optimistic

Earnings are expected to grow again, but vulnerabilities remain. The global debt crisis remains unsolved, Erste Group says.

December 29, 2012

Voestalpine Leaves Europe Step by Step

The Austrian steel company wants to reduce the dependence on Europe. Growth will take place elsewhere, CEO Wolfgang Eder says.

December 20, 2012

Voestalpine: „Growing by 50% Until 2020“

The Austrian steel group presents its strategy for the next years. The importance of conventional steel and Europe will decrease.

December 18, 2012

Ponta to Remain as Prime Minister

Despite heavy dispute with Ponta, Romania´s President Traian Basescu announced to swear him as Prime Minister. Basescu has no other choice.

December 17, 2012

Voestalpine: Major Investments in U.S.

The Austrian steel company wants to build a steel plant for $ 1.0bn in the U.S.

December 17, 2012 · Updated: December 17, 2012; 14:53

Austria: BWB Approves New Shareholder at Bawag

The U.S. investment fund Golden Tree Asset Management becomes the second core shareholder of the Austrian bank.

December 14, 2012

RHI: USA and India as Growth Markets

CEO Franz Struzl considers expanding into India, Russia and the U.S. Investments will reach about € 50m.

December 1, 2012

RHI: 2012 Will be Successful

The Austrian refractory company will record a substantial increase in revenues and earnings, CEO Struzl says. However, results of the fourth quarter are expected to slacken.

November 30, 2012

OMV Underlines Necessity of Shale Gas Production

The Austrian oil and gas group stresses that shale gas may reduce the dependency on Russian natural gas.

November 20, 2012

Bawag: Cerberus Shares Ownership with U.S. Hedge Fund

The U.S. hedge fund Golden Tree Asset Management becomes a 40% shareholder at the Austrian bank.

November 19, 2012

U.S. Investors Dominate Viennese Prime Market

Vienna Stock Exchange Road Shows in Zurich and New York Garner Great Interest.

November 19, 2012

Voestalpine: Expansion into U.S.

The special steel division Böhler Uddeholm of the Austrian steel producer voestalpine opens a new site in Illinois.

November 15, 2012

Fitch Raises Turkey´s Rating

According to the U.S. rating agency, the Turkish economy performs well and became stable.

November 5, 2012
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