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The latest cross-border business and investment news from Austria and the United States of America
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Petrom Discovered Deep Water Gas Offshore Romania
The Romanian subsidiary of the Austrian oil and gas group OMV announces a first major success of its exploration works in the Black Sea together with Exxon Mobil.
February 22, 2012
Moody's Takes Actions on Austrian Banks
The U.S. rating agency has a closer look on Austrian banks, which are related to the creditworthiness of public institutions.
February 22, 2012
All-Clear for Opel Site in Vienna
Although the German automobile producer faces serious troubles, the Viennese factory is not endangered to cut jobs.
February 21, 2012
Stepic Criticizes Rating Agencies Sharply
For Herbert Stepic, CEO of Raiffeisen Bank International (RBI), statements given by the U.S. rating agencies are “undifferentiated”.
February 20, 2012
Moody's Considers to Downgrade Wienerberger
The U.S. rating agency placed all ratings of Wienerberger under review for possible downgrade.
February 17, 2012
S Immo: PepsiCo Signs on As a Tenant in Bucharest
The Austrian real estate company gained another internationally renowned tenant for its Sun Offices building in Bucharest.
February 15, 2012
Major Order for voestalpine
The automotive division of the Austrian steel group received orders worth € 700m.
February 14, 2012
Moody's Put Austria on Warning
The Austrian “AAA” rating has been confirmed by the U.S. rating agency. However, credit-watch is put on “negative”.
February 14, 2012
Merger of Glencore and Xstrata: voestalpine Not Concerned
The Austrian steel company does not feel affected by the merger between the two major commodity corporations Glencore and Xstrata.
February 8, 2012
Black Sea: Petrom and Exxon Mobil Found Gas
Romania’s first deepwater well indicates presence of hydrocarbons. The U.S. Exxon Mobil and Petrom, a Romanian subsidiary of Austrian OMV, are searching for natural gas.
February 4, 2012
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