Austria and Turkey - Latest cross-border business, finance, investment, diplomatic and cultural activities
Page 1/25

Austria and Turkey Business and Diplomatic Relations

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

French Adeo Group Takes Over some Austrian BauMax Shops

The French retail group Adeo will acquire a part of the chain of Austrian bauMax shops by the middle of July "Format' magazine reported in its latest issue.

June 19, 2015

Greiner Packaging Takes Over Majority in Istanbul-Based Firms

Packaging manufacturer Greiner Packaging from Upper Austria has acquired majority stakes in two companies from Istanbul, it was announced. This turns the company into a leader among producers of plastic packaging for dairy products.

June 18, 2015

OMV Working on New Nabucco?

According to an article featured by Presse daily on Friday, indicators show that oil group OMV is currently toiling at a ‘new Nabucco’ project. Instead of gas from the Caspian Sea the pipeline in question would transport Russian gas via Turkey.

June 12, 2015

Hödlmayr Raises Sales to EUR 220 Million

Upper-Austrian vehicle logistics company Hödlmayr International AG with headquarters in Schwertberg generated sales of about EUR 220 million (USD 248 million) in 2014 (EUR 196 million in 2013). Development on international markets contributed most to this growth.

June 9, 2015

FDI: Western Europe Overtakes China and North America, Austria Improved Its Position

Ernst and Young's latest European attractiveness survey has been published. FDI into Europe hits a new record with US$305b attracted into the region in 2014, translating to a 36% year-on-year growth, despite global growth slowdown. UK, Germany and France remain the preferred destinations for foreign direct investment (FDI) within Europe, while Turkey enters the Top 10. Austria improved its position in the ranking by two notches, rising to position 22 of all 44 countries analyzed.

May 29, 2015

International Airlines to Raise Number of Flights to and from Vienna

Several international Airlines are going to increase the number of flights operated to and from Vienna in summer and autumn 2015. New destinations are offered by AUA, China Airlines, Korean Air, Qatar Airways, Turkish Airlines and British Airways.

May 29, 2015

EBRD Sees Mixed Outlook for CESEE Countries in 2015-16

The outlook for economies in central and south eastern Europe is improving on the back of eurozone monetary easing but prospects further to the east of the transition region have worsened, as the impact of Russia’s recession intensifies.

May 14, 2015

Who are Austria's Trading Partners with Biggest Payment Bottlenecks?

Austria's exporters see the biggest payment delays in the case of trading partners from Turkey, China and Russia, show the data on Austria's key trading partners compiled by export insurer OeKB-Versicherung.

May 11, 2015

Austrian Post Wants to Raise Its Stake in Turkish Aras Kargo

Next year the Austrian Post AG wants to raise its stake in the Turkish Aras Kargo from 25 percent to 75 percent. The CEO of the Austrian Post, Georg Pölzl wants to invest between EUR 100 million (USD 106.8 million) and EUR 150 million on the 50 percent stake.

April 21, 2015