Russia’s Weakness: Warimpex Slumps Deeper into the Red

Yesterday 19:00 · Markets - Real Estate
Russian crisis and weakness of the ruble are still a problem for the listed property development company Warimpex. In the period from January to September the company’s loss almost triples from EUR 10.9 million to EUR 31.6 million. Sales shrank by 18 percent to EUR 46.1 million. The company considers selling property.


Austria to Make Payment on Bad Bank Heta Notes in December

Yesterday 18:00
Austria will make the interest payment on the subordinate bond of bad bank Heta (formerly Hypo Alpe Adria), covered with a state guarantee, in December, according to the information published ...


Foreign Minister Kurz Met Adel al-Jubeir and King Salman bin Abdulaziz

November 27
During his first visit to Saudi Arabia, Austria's Foreign Minister Sebastian Kurz was received both by his Saudi Arabian counterpart Adel al-Jubeir, as well as King Salman bin Abdulaziz. ...

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