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12.7.2007
14:36
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Eastbusiness
Austrian Companies to Invest in the Hydro Energy Sector in BH
A group of Austrian investors and experts on construction of small power plants paid a visit to Bosnia and Herzegovina...
12.7.2007
14:36
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Eastbusiness
Uniqa Becomes Majority Shareholder of Romanian Astra
UNIQA Group Austria strengthened its commitment in Romania by acquiring a further 23 per cent of ASTRA S.A
12.7.2007
14:36
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Eastbusiness
Meeting on Strengthening Cooperation of Countries between the Adriatic and the Black Sea Held in Vienna
The sixth traditional annual meeting of the ambassadors of 11 countries members of the initiative called "From the...
12.7.2007
14:36
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Eastbusiness
BH Participates in Vienna Economic Forum
Director of the Bosnia and Herzegovina (BH) Foreign Investment Promotion Agency (FIPA) Haris Basic participated on...
12.7.2007
14:36
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Eastbusiness
OMV Sets up Data Centre in Bucharest
Austrian oil & gas group OMV has decided to build a data centre in Bucharest, similar to the one operated by the...
12.7.2007
14:36
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Eastbusiness
Czech Toll Collections Decline
The present rate of toll collections in the Czech Republic stands at 94 per cent or 1 per cent less than required and...
12.7.2007
14:36
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Eastbusiness
Industrial Park in Hlinik nad Hronom to Offer 600 New Jobs
Some 600 people could find their new job at industrial park in Hlinik nad Hronom, in the region of Banska Bystrica,...
28.6.2007
00:00
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Eastbusiness
Bank Austria Creditanstant Controls 6 per cent of MOL
A new anonymous owner has emerged in Hungarian oil group MOL, just as the tensions related to OMVs takeover bid...
27.6.2007
00:00
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Austria Ranks Third in Slovakias Foreign Investor Ranking
Some 1,600 Austrian firms have tapped to business opportunities in Slovakia
27.6.2007
00:00
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Eastbusiness
Bulgaria: Raiffeisen Research Sees c/a Gap Widening to 18 Per Cent of GDP
The analytical unit of Raiffeisen Zentralbank Oesterreich (RZB), Raiffeisen Research, has revised its 2007...
27.6.2007
00:00
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Eastbusiness
Two RI Units in Bosnia and Herzegovina Get EUR 100 Million in Loan Financing from RI, CEB
Raiffeisen Bank Bosna i Hercegovina and Raiffeisen Leasing Bosna i Hercegovina will receive EUR 100 million in...
27.6.2007
00:00
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Gyurcsány: MOL Takeover to be Opposed By all Means
Hungarian Prime Minister Ferenc Gyurcsány said that OMVs purchase of shares in MOL is a hostile act and...
27.6.2007
00:00
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Petrom FInalised Planning of its New Headquarters
Petrom, the largest oil and gas producer in South Eastern Europe, has finalized the phase of architectural planning of...
27.6.2007
00:00
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Eastbusiness
Czech CEZ Files Lawsuit against Upper Austria over Temelin NPP
Czech power giant CEZ turned to the Ceske Budejovice court with a lawsuit against Upper Austria
27.6.2007
00:00
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Eastbusiness
BA-CA Opens Office in Montenegro
Bank Austria Creditanstalt Aktiengesellschaft (BA – CA) announced the opening of a representative office in...
26.6.2007
00:00
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Eastbusiness
MOL Claims OMV Wants to Eliminate Competition
Hungarian oil and gas group MOL has refused the merger offer forwarded bu Austrian OMV, saying it was an unfriendly...
26.6.2007
00:00
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Eastbusiness
Cabinet Seeks Exit from Stalemate on Sunny Beach Power Distributor Sale
Members of Bulgarian government said they will be looking to clear all regulatory and executive hurdles preventing the...
26.6.2007
00:00
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Eastbusiness
Austrian OMV Proposes Merger to Hungarian MOL, Polish Competitors Unperturbed
Austrian oil major OMV has proposed a merger to its Hungarian peer MOL which is listed on the Warsaw Stock Exchange,...
25.6.2007
00:00
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Eastbusiness
Vienna Insurance Group to Operate under a Single Brand in Bulgaria by End-2008
Vienna Insurance Group, one of Austrias leading insurers, will shortly run its Bulgarian operations under a single...
25.6.2007
00:00
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Eastbusiness
OMV Ups Stake in MOL, MOL Refuses a Possible Merger
OMV Aktiengesellschaft, the leading Central European oil and gas group, has purchased several blocks of MOL shares,...
25.6.2007
00:00
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OMV CEO Says a Merger with MOL is not Considered
The Chief Executive Officer of the Austrian oil and gas group OMV, Wolfgang Ruttentstorfer, said that a merger with...
25.6.2007
00:00
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Latvian Police Arrests Two Persons for Stealing EUR 1.2 million
The Latvian police has detained two persons in the Riga Airport, suspected of stealing EUR 1.2 million from a...
25.6.2007
00:00
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Eastbusiness
K+K to Invest in a New Hotel in Bucharest
Austrian group K+K Hotels has announced the construction of a new hotel in the Piata Universitatii area in Bucharest,...
22.6.2007
00:00
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Ukrzaliznytsia, Russian Railways to Build Wide-Gauge Line Connecting Kosice with Vienna
Ukrainian railway operator Ukrzaliznytsia and the Russian Railways struck an agreement early this week, to build a...
21.6.2007
00:00
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Sportalm to Build New Production Facility in Madan
Sportalm, the Austrian manufacturer of sporting gears, is to invest BGN 6 million in the construction of a new plant...
20.6.2007
00:00
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Eastbusiness
Austrian Vivatis Wants to Acquire a Romanian Producer
Vivatis, one of the most important Austrian charcuterie producers, has announced its intention to enter the Romanian...
19.6.2007
00:00
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Eastbusiness
Visegrad Four Attack Austria over Schengen Zone Enlargement
The prime ministers of Slovakia, the Czech Republic, Hungary and Poland, which constitute the Visegrad Four (V4) group...
19.6.2007
00:00
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Eastbusiness
Merkur Osiguranje Obtains the NBS Licence
It was announced that the National Bank of Serbia (NBS) issued an operating licence to the joint stock insurance...
19.6.2007
00:00
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Eastbusiness
Immoeast AG to Pour EUR 63 Million in Two Polish Projects
Immoeast AG, the listed Austrian property developer, will invest a total of EUR 63 million in two commercial projects...
19.6.2007
00:00
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Eastbusiness
NextWave Wireless to Expand to Austria, Croatia, Slovakia
U.S.-based NextWave Wireless Inc., a global provider of mobile broadband and wireless multimedia products and...
18.6.2007
00:00
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Eastbusiness
Immoeast to Focus on Bucharest
Austrian fund Immoeast, the most active investor on the Romanian real estate market, will currently focus its office...
18.6.2007
00:00
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Eastbusiness
Petrom to Invest EUR 500 million in a Gas Power Plant
Petrom, the largest oil and gas producer in South Eastern Europe, approved in the meeting of the Supervisory Board on...
18.6.2007
00:00
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Eastbusiness
EVN, Privatisation Authority Still at Loggerheads over Privatisation of Power Distributors
Austrias EVN purchase of the Plovdiv district heating utility has for months been in a limbo as Bulgarias...
15.6.2007
00:00
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Eastbusiness
Raiffeisen Future Has Approximately 4,000 Clients
Snezana Ristanovic, the general manager of the voluntary retirement fund Raiffeisen Future, stated that approximately...
15.6.2007
00:00
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Eastbusiness
Slovenia: IAEA Summer Meeting Fails to Adopt Budget
The UN nuclear agency failed on Thursday to endorse its 2008 budget proposal because of opposition from the...
15.6.2007
00:00
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Eastbusiness
Petrom Sets up Petrochemical Arm
Petrom, the largest oil and gas producer in South Eastern Europe, owned by Austrian OMV, intends to concentrate...
15.6.2007
00:00
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Eastbusiness
Petromservice Estimates EUR 5 million Profit
Petromservice, the company that provides services for energy group Petrom, estimates a profit of around EUR 5 million...
15.6.2007
00:00
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Eastbusiness
Immorent Held 10 Per Cent of Slovenian Leasing Market in 2006
Immorent Ljubljana, belonging to the Austrian-based Immorent leasing group, recorded EUR 52.84 million worth of real...
14.6.2007
00:00
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Eastbusiness
Slovakia Mulls Options for Bratislava-Schwechat Oil Pipeline
Slovak government mulls options for the route of a new oil pipeline to connect Bratislava and Austrias Schwechat,...
14.6.2007
00:00
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Eastbusiness
Magyar Cukor Reports EUR 3.94 Million in Net Profit for Business Year Ending February 28
Magyar Cukor Zrt. reported an after-tax profit of HUF 1 billion (EUR 3.94 million) on net revenues of HUF 28 billion...
14.6.2007
00:00
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Eastbusiness
Most Tolls on Czech Roads Collected from Czechs, Slovaks, Hungarians
Czech, Slovak, Hungarian and Polish motorists paid the bulk part of tolls since the Czech Republic introduce toll...
13.6.2007
00:00
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Eastbusiness
Slovakia Wants to Promote New Social Policy within the EU
Slovakia joined the club of 11 European Union member states, which form an informal group of governments which want to...
12.6.2007
00:00
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Eastbusiness
RS Prime Minister Dodik Meets Representatives of Austrian Alpine Mayreder
Prime Minister of Republic of Srpska (RS) Milorad Dodik met with representatives of Austrian company Alpine Mayreder...
12.6.2007
00:00
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Eastbusiness
Podravka Included in New Regional Index on Vienna Stock Exchange
In February 2006, Podravka share was listed in SETX index (South-East Europe Traded Index), and Monday in another...
12.6.2007
00:00
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Eastbusiness
Trans-o-flex Expands to Slovakia
Germany-based postal company trans-o-flex struck a deal with Slovak company In Time to operate as representative of...
8.6.2007
00:00
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Eastbusiness
Immoeast Acquires Projects Worth EUR 120 million
Austrian investment fund Immoeast has acquired two more projects in Romania, paying EUR 120 million to buy projects...
7.6.2007
00:00
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Eastbusiness
New Mobile Telephony Operator in Serbia Would Be Called VIP
The Austrian telecommunications company Mobilkom announced that the new mobile telephony operator in Serbia would...
7.6.2007
00:00
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Eastbusiness
Devin to Debut on Sofia Bourse by the Middle of Next Month
Austria-owned water bottling company Devin is to debut on the Bulgarian Stock Exchange (BSE) by the middle of July at...
6.6.2007
00:00
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Eastbusiness
BauMax to Open Four Outlets in Romania this Year
Do-it-yourself Austrian store chain BauMax will open four stores in Romania this year, following total investments of...
5.6.2007
00:00
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Eastbusiness
Austrotherm to Open Second Plant in Bulgaria
Austrotherm of Austria unveiled plans to open a second plant in Bulgaria. The facility will be located in...