Energy

The latest energy industry and company news and analysis from FriedlNews
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Do Taxes Justify a Relocation of Business?

Tax sensitive business operations should be relocated to other areas if necessary, according to the head of Erste Bank Austria.

Yesterday

Eder: Policy-Makers Have to Make Decisions

Wolfgang Eder, CEO of Austrian steel manufacturer voestalpine, claims not to have heard anything from the Austrian policy makers after he raised criticizm with regard to the Austrian business location.

Yesterday

Romania: Key Interest Rate Remains Unchanged

The central bank of Romania has left the main interest rate unchanged.

March 31, 2014

Austria: “Council of the Wise“ for Hypo Group

Instead of a parliamentary investigation committee the coalition expressed its wish to appoint a “Council of the Wise” for the the assessment of the ailing bank’s nationalization.

February 25, 2014

Hungary Amending Figures of Budget Deficit

Hungarian Finance and Economy Minister Mihaly Varga announced that the budget deficit of 2013 will be below the target after it was lowered dramatically.

January 8, 2014

Czech Republic: New Government Confirmed

Seven weeks after the national elections, the Czech Social Democrats (CSSD) have agreed to form a coalition with ANO and the Christian Democrats (KDU-CSL).

December 11, 2013

Austria: Federation of Trade Unions Warns of Privatizations

The Austrian Federation of Trade Unions warns the Austrian state not to push through with further privatizations.

December 11, 2013

WEF: Russian Economy Needs Change in Domestic Institutional Environment

The Russian Federation is poised for transformation.

November 1, 2013

Dispute about Gas between Russian and Ukraine about to Escalate

According to Russian energy giant Gazprom, Ukraine has not yet paid deliveries of natural gas in the amount of around € 639m.

October 29, 2013

Romanian Romgaz Starts IPO

Tomorrow, Monday, the Romanian government sells a 15% stake in Romgaz via the stock exchange. In the last months, the IMF has urged Romania to accelerate the privatization policy.

October 21, 2013