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Austria and Poland Business and Diplomatic Relations

Poland's Richest Billionaire Jan Kulczyk Died in Vienna

The richest Pole, businessman Jan Kulczyk, died in Vienna aged 65, as a result of complications after surgery. Kulczyk had undergone heart surgery in Vienna and was to be released soon, daily Gazeta Wyborcza reports. However, the surgery led to complications.

July 30, 2015

RBI Holds Sale of Polish Unit Polbank

Listed bank RBI has reportedly put the sale of its Polish unit Polbank on hold, insiders told the news agency Reuters. "Negotiations have been stopped,” the sources said. The suspension is linked to CHF mortgage portfolio of Polbank which makes the sale a complex issue, insiders said.

July 22, 2015

Immofinanz Wants to Take Over Warsaw Office Complex in Full

Listed Immofinanz will take over Empark Mokotów Business Park in Warsaw in full. Currently Immofinanz owns 50 percent of the office complex, the other half is held by a joint-venture partner, a subsidiary of property company Heitman.

July 2, 2015

Offers for RBI's Polbank Underwhelming

The Polish arm of Raiffeisen Bank International (RBI) has attracted only two bids so far. However, the bids are smaller than the listed Austrian bank had expected, financial agency Bloomberg report, citing Bloomberg sources.

June 17, 2015

Strabag Secures EUR 31.5 Mln Deal for Polish Museum

A consortium of firms led by Strabag has secured a deal for PLN131m (EUR 31.5m (USD 35.5m)) (gross value) for the construction of the Józef Piłsudski Museum in Sulejówek. The museum is dedicated to a renowned statesman. The building will encompass 5,000 square meters of usable area, spread in three buildings.

June 17, 2015

Builder Porr Inks LOI to Buy Bilfinger Polish Unit

Listed construction company Porr signed a preliminary deal to buy the Polish unit of German group Bilfinger, in line with the arrangement made a week earlier, Polish internet portal wnp.pl writes.

June 12, 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

Bilderberg 2015: The "World Government" Meets in Austria

A select group of global elite is gathering today at the Interalpen-Hotel Tyrol in Telfs-Buchen, Austria. The 63rd Bilderberg conference is a super secret annual conference where they can discuss politics, economics and foreign policy freely. A total of around 140 participants from 22 countries have confirmed their attendance at the Bilderberg conference 2015. As ever, a diverse group of political leaders and experts from industry and finance have been invited. This year the list includes nine Austrians. Key talking points on the agenda include the Ukrainian crisis, Greece, Middle East and Terrorism (see detailed list below). Security is tight - participants as well as protesters and journalists will have to deal with the Austrian anti terror squad "Cobra". After 1979 it's the second time that the conference takes place in Austria.

June 11, 2015 · Updated: June 11, 2015; 19:00

Investors Grow Optimistic About Develepments in CEE

Investors' sentiment with regard to Central and Eastern Europe improved in May. Kontrollbank's business sentiment index for CEE has reached the highest level since the beginning of 2014.

June 3, 2015