Austria and Hungary - Latest cross-border business, finance, investment, diplomatic and cultural activities
Page 1/78

Austria and Hungary Business and Diplomatic Relations

Hungary Sets Aside EUR 50 Mln for Entry in Erste Bank's Unit

Hungary has earmarked some EUR 50.5 million (USD 53.3 million) for the planned acquisition of a stake in listed Austrian bank Erste Group's unit Erste Bank Hungary, Hungarian news agency MTI reported on Tuesday citing information from Hungary's fiscal council.

April 14, 2015

Hungarian Appeals Court Rejects Raiffeisen's Contract Defenses

The Budapest Municipal Court of Appeals upheld a first instance ruling rejecting contract defenses by Raiffeisen Bank International and its leasing unit.

March 19, 2015

Austrian Post Integrates Units in CEE

Austrian postal company Österreichische Post has started integrating its units in Central and Eastern Europe with the aim of creating an international package delivery network, Carsten Wallmann, the head of the company's logistics division said at a press conference in Budapest.

March 12, 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

Analysis: Hungarian Deal with Russia Gives Hungary Enough Gas for 3-5 Years

Gas that Hungary can requisition from Russia under an agreement reached recently will be enough to last 3-5 years, Minister of Foreign Affairs and Trade Peter Szijjarto said on public television.

February 27, 2015

Baumax: KSV Credit Rating Unchanged since September

In spite of the sale of its Bulgarian unit and the announced exit from Hungary Baumax’ KSV rating has hardly changed since September 2014.

February 18, 2015

RBI Expects Profits in Hungary in 2016

Raiffeisen Bank International expects that thanks to reduction of bank tax, it will return to profits in Hungary in 2016. Smaller taxes could be a "big improvement” for the financial sector, the head of Raiffeisen's Hungarian operations Heinz Wiedner said on Thursday.

February 12, 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