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Austria: Faymann Positive About Extension for Hypo Group
Chancellor Werner Faymann presented himself restrained yet confident about the extension granted by the Commission regarding the deadline for the winding-down of Hypo Alpe Adria Group.
Yesterday
FCC Wants Guggenheim Partners As Financial Ally
With debts having amounted to more than € 8bn, Spanish parent company of Alpine is now looking for potential financial partners.
Yesterday
Nowotny: Decision About Bad Bank for Hypo Not Essential Right Now
The Governor of Austrian’s National Bank confirms that the result for the ailing Hypo Group will not be “good” due to the losses that have amounted over the past years.
May 23, 2013
Alpine Denies Bankruptcy Rumors
The Austrian construction company is to sell its affiliates. However, the expected sale earnings are disproportionate, according to experts. Spanish parent company FCC is said of not being able to raise any further aid money.
May 17, 2013
Austria: New Bidder for Hypo Group
Apart from Indian Srei Group, a new interested party has entered the match for the ailing banking institute.
May 16, 2013
Voestalpine Hopes for Participation in South Stream Project
CEO Eder announced the Austrian Steel Manufacturer was leading “intensive” talks with Russian energy company Gazprom.
May 16, 2013
Poland: Rescue Loan for LOT Approved
A new law passed on Friday makes it possible to privatize Polish carrier LOT.
May 16, 2013
Poland: LOT Ready To Be Privatized
A new law passed on Friday makes it possible to privatize Polish carrier LOT.
May 14, 2013
Austria: Task Force for Hypo Group
The Austrian government is going to establish a task force for the nationalized by force problem bank Hypo Alpe Adria Group.
May 8, 2013
EU Commission: Action Plan for Steel Industry in Europe
During his visit to Linz, EU Commissioner for Industry and Entrepreneurship Antonio Tajani announced measures for the steel industry in Europe.
May 7, 2013
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