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Austria and Poland Business and Diplomatic Relations

Czech Unipetrol Wants to Buy Petrol Stations of OMV and Shell

Czech Unipetrol, majority-owned by Polish oil group PKN Orlen, intends to buy up the petrol stations of Austria’s OMV and of Royal Dutch Shell in the Czech Republic, it follows from an interview Andrzej Kozłowski, head of strategies at PKN Orlen, to Czech newspaper Hospodarske Noviny.

November 24, 2015

Citi to Advise RBI on Polbank Sale

Raiffeisen Bank International (RBI) wants to restart the process of sale of the Polish subsidiary Polbank in the coming days. RBI has ordered investment bank Citi to look for potential buyers.

November 24, 2015

Journalism Award “Writing for CEE 2015” Goes to Martin Leidenfrost

The EUR 5,000 "Writing for CEE" journalist prize has been awarded for the twelfth time. Journalists from all round Europe – including Northern Europe, Central and Eastern Europe, South Eastern Europe and the CIS countries – have been invited to submit their works. The Austrian Journalist Martin Leidenfrost wins the “Writing for CEE 2015” award for his column "Expedition Europe". At the award ceremony writer and honorary guest Karl-Markus Gauß touched on the discovery of Europe and SEEMO Secretary General Oliver Vujovic said, that Europe faces new boundaries and divisions.

November 18, 2015 · Updated: November 20, 2015; 19:00

UBM Sells Warsaw Holiday Inn to Union Investment

Austrian property developer UBM has sold the Holiday Inn hotel in Warsaw, to be ready by the beginning of 2017, to an openended real estate fund of Germany’s Union Investment, though UBM will act as tenant of the hotel until 2038.

November 17, 2015

CEE Region to Grow on Average 3 Percent

The research institute Vienna Institute for International Economic Studies (WIIW) has revised its forecast for CEE countries. WIIW economists expect the region, without the CIS and Ukraine, to grow on average 3 percent, i.e. about 1.5 percentage points above the Eurozone average.

November 13, 2015

OSCE: Peace and Stability in Europe Impossible without Protecting Human Rights

Protecting and promoting human rights, including the rights of persons belonging to national minorities, is inextricably linked to the preservation of peace and stability within and between States, participants said today at the opening of a two-day OSCE meeting in Vienna.

October 29, 2015

Austria will Remain an Asylum Country with Tradition

Since 1945 more than two million refugees have come to Austria, whereby almost 700,000 have remained here - that is about 9 per cent of the total population of Austria. Every second refugee had a different mother tongue than German. The refugee crises occurred in a mysterious sequence, as every twelve years, large waves of refugees arrived in Austria: 1956, 1968, 1980 and 1992.

October 28, 2015

Las Vegas at the Black Sea: Casinos Austria in Batumi

Casinos Austria now are offering their services to gamblers also in Batumi at the Black Sea. Last weekend the foreign subsidiary of Casinos Austria, Casinos Austria International (CAI) opened a gambling parlour in the new Hilton Hotel Batumi.

October 27, 2015

OMV Wants to Sell 70 Petrol Stations in Czech Republic

Citing undisclosed independent sources the newspaper Lidove noviny reports that OMV is currently negotiating the sale of 70 petrol stations to Unipetrol, Czech arm of the Polish oil company PKN Orlen.

October 26, 2015

RBI to Unroll New Attempt at Sale of Polish Unit Polbank Next Week

Listed bank RBI will take another shot at the sale of its Polish unit Raiffeisen Polbank after the Polish parliamentary election slated for Sunday, RBI CEO Karl Sevelda told journalists.

October 20, 2015