Iran Could be Interesting Market for Austrian Automotive Suppliers

2 hours ago · People
According to Siegfried Wolf, ex had of ÖIAG and CEO of Russian Machines, the Iran would be an interesting market for the automotive supplier industry, once sanctions get lifted. He noted in an interview for WirtschaftsBlatt (Monday issue) that the market was estimated at about 2 million cars and it has been stagnating for 15-20 years.

Premium News

Baumax Sale to OBI - Fate of 3,800 Jobs in Austria Uncertain

1 hour ago
After the sale of most Baumax shops to Obi and Supernova it is still uncertain how many of the 3,800 jobs in Austria will ...

Companies

Casinos Austria International Dip Southwards in H1

3 hours ago
Casinos Austria International (CAI, the foreign subsidiary of Casinos Austria gambling group, posted a loss of EUR 572,000 ...

Markets

German DIY Chain OBI Acquires Baumax for EUR 200 Million

3 hours ago
Ailing DIY chain Baumax was sold to German DIY chain OBI and Graz real-estate developer Supernova, Kurier daily and Kronen ...

Politics

Immigon Expects a Profit of more than a Hundred Million this Year

August 28
Among others, special income from high-volume bond buyback from August is supposed to make it possible for bad bank Immigon - formed from a part of ÖVAG - to make a profit exceeding a hundred million Euros for this year.

People

Haselsteiner Pushes to Close Klagenfurt Airport Deal

3 hours ago
Enterpreneur Hans Peter Haselsteiner, who wants to acquire a stake in the operator of the airport in Klagenfurt with the help of a consortium, is in a hurry to complete the deal. He wants everything to be ready by mid-September, ...

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