USA
Passing On of Bank Information: FMA Defends Itself
Since, according to Wikileaks, the Austrian Financial Market Authority (FMA) has passed on bank data to the U.S., a position has been taken about the issue.
December 5, 2010
U.S. Sees Money Laundering Activities at Austrian Banks
Wikileaks has published notes of the U.S. Embassy in Vienna. There were allegedly money exchanges between Austrian banks and criminals.
December 2, 2010
Bawag is Profitable Again
The Austrian bank Bawag PSK, now owned by the U.S. fund Cerberus, is to have profits again this year: € 100m are expected.
December 2, 2010
Encouraging Development of Austrian Tourism
The summer 2010 season ended successfully: the number of guests reached an all-time high record of 17.9 million, 62.5 million overnight stays are the best value since 1995.
November 24, 2010
WKÖ: China Overtakes the U.S. as the Most Important Overseas Austrian Trade Partner
The volume of foreign trade (exports and imports) with China in the second third of the year was 5.6 billion euro compared to 5.1 billion euro with the U.S.
November 16, 2010
Austria's Exposure in Ireland: 3.4 Billion Euro
Since September 2009, Austrian banks have halved their exposure in Ireland. The most affected countries are the United Kingdom and Germany.
November 15, 2010
ATX: Institutional Investors Remain a Central Component
According to a study from Ipreo, especially Anglo American institutional investors are involved in ATX companies in addition to Austrian investors.
November 15, 2010
Kapsch TrafficCom Acquires Mark IV IVHS
Mark IV IVHS is the largest supplier of electronic toll collection (ETC) equipment in North America. Kapsch pays USD 70 million.
November 6, 2010
Production of BMW X3 Shifts From Styria to USA
In Graz, where the BMW X3 has been manufactured until now, production will focus on Minis.
October 14, 2010
The American Chamber of Commerce in Austria is celebrating its 50th Anniversary
For over 50 years AmCham Austria has been promoting economic and trade relations between Austria and the United States of America.
September 13, 2010
Russians buy Klausner
The financially ailing Tyrolean Wood Company Klausner has sold two of their last four German plants to the Russian competitors Ilim Timber.
August 25, 2010
Voestalpine back in black
The Austrian steel company Voestalpine has benefited from strong economic recovery in the first quarter of 2010/11 and has by far exceeded earnings expectations of analysts.
August 20, 2010
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