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

Austrian State Concludes Sale of Hypo Balkan Assets to Advent and EBRD

The sale of ex-bank Hypo's Balkan assets by the Austrian state to fund Advent and the EBRD went through on Friday as all requirements were met on Friday.

July 17, 2015

VSE Sells Ljubljana Stock Exchange to Zagreb Stock Exchange

The Vienna Bourse has sold Ljubljana Stock Exchange to Zagreb Stock Exchange. Parent concern CEE Stock Exchange Group (CEESEG) and the Zagreb bourse signed today an agreement on the takeover of a 100percent stake in Ljubljana stock exchange. The purchase price hasn't been revealed.

July 16, 2015

Fourteen CEE Countries Sign MoU on Integrated Gas Market

Austria and thirteen other European Union and Energy Community countries in Central Eastern Europe and South East European regions signed a memorandum of understanding in Dubrovnik on joint efforts to build up gas infrastructure links and resolve technical and regulatory issues in order to create an integrated energy market in the region.

July 10, 2015

Austrian Railways Eyes Acquisitions Across Central and Eastern Europe

Oesterreichische Bundesbahnen (OeBB), the Austrian state railway operator, is eyeing rail cargo operator buys across Central and Eastern Europe, a source close to the company and a person claiming knowledge of the situation said. OeBB, with EUR 3bn in revenue, believes a number of opportunities will soon come up in countries “east of Austria”, including countries of the former Yugoslavia, the source said.

July 6, 2015

Heta Balkan Deal Pre-Closing a "Decisive” Step to Final Sale

The preclosing of the sale of Hypo bad bank Heta's Balkan assets, announced on Wednesday, is "a decisive step” on the way to the final sale, the Finance Ministry said in a comment.

July 1, 2015

Immigration: Austria Keeps Gates Closed for Croat Workers

Eight EU member states, Belgium, Cyprus, France, Germany, Greece, Italy, Luxembourg and Spain have opened their borders to workers from Croatia. Austria, Malta, the Netherlands, Slovenia, the UK keep their gates closed though, for another three years, the EC announced.

July 1, 2015

Heta: Greek Situation does not Affect Sale of Balkan Operations

The escalating crisis in Greece is not going to affect the sale of the Balkan bank arm of Hypo Alpe Adria, i.e. its successor bank Heta, a spokesperson of the Austrian bank assured. The sale to Advent International and the EBRD is about to be concluded and talks are not affected by the Greek situation, APA was assured.

June 29, 2015

EVN Power Set to Expand Environmental Operations in SEE

Listed Austrian utility EVN plans to further expand its environmental activities in SEE and is competing in tenders in Croatia and Serbia, according to EVN representatives.

June 19, 2015

Bilderberg 2015: Full List of All 133 Participants

The full list of all 133 attendees to the top secret Bilderberg Group conference 2015 has been released (see below). The Austrians participating are René Benko, Oscar Bronner, Heinz Fischer, Alfred Gusenbauer, Erich Hampel, Wolfgang Hesoun, Gerhard Roiss, Rudolf Scholten and Karl Sevelda.

June 12, 2015 · Updated: June 12, 2015; 17:45

The Bilderberg Group - Background and Criticism

The first Bilderberg conference dates back to May 1954, when it was held at the Hotel de Bilderberg in Oosterbeek, Netherlands. Partly because of its working methods to ensure strict privacy, the Bilderberg Group has been criticised for its lack of transparency and accountability.

June 11, 2015