ABA Invest in Austria Helped Establish Eight Start Ups in 2015

Yesterday 14:00 · Politics - Government Agencies
ABA Invest brought eight new companies with an investment sum of EUR 2.7 million (USD 3 million) to Austria in 2015. In view of the globally difficult market surrounding such establishments are a positive signal and important stimuli provider for Austria, Vice-Chancellor Reinhold Mitterlehner said.

Companies

Bank Austria Supervisory Board Approves Zadrazil as Future CEO

Yesterday 18:00
Bank Austria supervisory board approved the appointment of Robert Zadrazil as the bank's new CEO in Friday's sitting. Zadrazil will replace incumbent Willibald Cernko as of March 1 as the head of UniCredit's Austrian unit and take over responsibilities also of retail and corporate ...

Heta Creditors Stick Together (Yesterday 17:00)

Business

Heta Creditors Stick Together

Yesterday 17:00
The creditors of Heta, the bad bank left after the winding down of Hypo Alpe Adria bank, ...

Markets

Private Investor Puts EUR 2 Million in Animal Tracking System Tractive

Yesterday 17:00
Upper Austrian start up for animal tracking system Tractive has found an investor. Frenchman Harold Primat living in Switzerland is going to invest EUR 2 million (USD 2 million) in the company, Trend economic magazine ...

Diplomacy

IHS: Who Will Succeed Sigurd Höllinger?

January 29
IHS, the Institute for Advanced Studies in Vienna is one of Austria's top two economic think-tanks. It has reportedly readied a short list of candidates for its leader post. The list includes: Martin Kocher, Bernhard ...

People

FACC Aircraft Components Sacks CFO Over Cyber-Fraud Case

February 3
Listed aircraft components group FACC dismissed CFO Minfen Gu in connection with the recent cyberattack which cost the company some EUR 50 million (USD 54.6 million), the company said in a statement on Wednesday.

More

Wishing you Peace, Joy and Happiness in the New Year

December 23
Dear Reader, As the year comes to an end, I wanted to write and thank you for your support. It's the loyalty of readers like you that enables us to provide our service. This year saw us once again reporting on topics related to cross-border activities ...

Daily News Briefings for Austria's English-speaking Business and Diplomatic Community

FriedlNews is Austria's trusted, indispensable source of English-language news and analysis for the powerful network of international professionals and expats in business, finance, investment, politics and diplomacy.

Sign up for our free Newsletter and to read articles for free.

Markets Data

FriedlNet.com Market Reports

The Company, Industry and Market Research Reports Store

FriedlNet.com is a leading provider of market research and strategic business intelligence.

Visit our online store to get instant access to a collection of research from some of the world´s premier market research and associated firms in more than 100 industry segments.

www.friedlnet.com