Business, finance, investment and politics in the emerging market of Croatia from an Austrian, Central, Eastern European perspective
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Austria and Croatia Business and Diplomatic Relations

Heta: Divestment of SEE Bank Network Hypo Group Alpe Adria Completed

The operational and legal carveout of Hypo Group Alpe Adria AG and its Southeast European network from former owner Hypo Alpe Adria Bank (now Heta) has been completed, the bank announced. The network consists of units in Slovenia, Croatia, Serbia, Bosnia-Herzegovina and Montenegro.

April 15, 2015

Environmental Organizations Against OMV's Upstream Plans in Adriatic Sea

The oil upstream plans of OMV at the Croatian coast have triggered an action of Croatian environmental organizations Global 2000 and Zelena Akcija in front of the OMV head quarter. The environmentalists claim the OMV’s actions threaten the sensitive ecosystem of the Adriatic Sea and the livelihoods of many Croatian people.

March 31, 2015

Croatian Baumax Subsidiary Files for Bankruptcy

The Croatian subsidiary of the Austrian DIY chain Baumax has filed for bankruptcy. Almost all creditors rejected the proposed plan for financial restructuring Croatian daily "Jutarnji list” reported.

March 13, 2015

ITB: Austria Wants to Attract More Asian Tourists

The surge in the number of tourists from the CEE region is no longer as big as it used to be and Russian tourists have also stayed out last year. That is why the tourism industry is looking more and more towards the Far East.

March 4, 2015

Quality of Living Rankings: Vienna Tops the List Again

Vienna remaines at the top of the 2015 Quality of Living Rankings, boasting the best quality of living for expatriates. In the top 5 there are two other European cities, Zurich (place 2) and Munich (place 4). Also Auckland (3rd) and Vancouver (5th) are among the top five cities.

March 4, 2015

Global Peace Index: Austria is Third Most Peaceful Country

The latest Global Peace Index analyses the state of peace around the world. It identifies the most and least peaceful countries, trends in violence and conflict, and calculates the economic impact of violence. The top three most peaceful countries are Iceland, Denmark and Austria. Small and stable democracies make up the top ten most peaceful countries. New Zealand, Canada and Japan are the only non-European countries in the top ten.

March 4, 2015

List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria

The FriedlNews table below is an updated list of National Days of all nations, which belong to at least one of following categories: Foreign Missions and Delegations in Vienna, Austria; Diplomatic Corps and other representations in Austria; International Organizations in Vienna and Permanent Missions; Missions and Delegations to the OSCE.

February 11, 2015

Austria is Celebrating 60 Years of United Nations Membership in 2015

Austria became a member of the United Nations in 1955 and is celebrating 60 years of UN membership in 2015. 70 years ago, the United Nations were founded in San Francisco.

February 5, 2015

George Soros: "A New Policy to Rescue Ukraine"

Soros is calling on members of the European Union to behave as countries indirectly at war with Russia and to provide Ukraine with $50 billion to defend itself and kick-start political reforms. Russian President Vladimir Putin's imperial ambition has unintentionally brought into being a new Ukraine that is adamantly opposed to endemic corruption and inefficient government. By offering assistance, Europe can foster an open society in Ukraine and protect itself from Russian aggression.

January 22, 2015

Vienna Congress comsult 2015: "Power of Regions"

“Power of Regions“ is the topic of the Vienna Congress com•sult 2015 which is taking place today at Vienna's House of Industry. Distinguished participants from industry, politics and the business community such as F.W. de Klerk, Mohamed El Baradei, Author Benjamin R. Barber, Václav Klaus and Iain Begg are discussing the principle of regionality and its future in Europe.

January 20, 2015