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Austria and Ukraine Business and Diplomatic Relations

Ambassador Martin Sajdik Becomes New OSCE Special Representative in Ukraine

The OSCE Chairperson-in-Office and Serbia’s Foreign Minister Ivica Dačić today appointed Ambassador Martin Sajdik (Austria) as his new Special Representative in Ukraine and in the Trilateral Contact Group. He follows Ambassador Heidi Tagliavini (Switzerland) who, having fulfilled this assignment for one year, expressed her wish to step down.

June 23, 2015

Baumit Boosts Engagement in Ukraine

Baumit is still focusing on Eastern Europe and is still investing, "despite all risks” in Ukraine: The dry mortar plant, which opened in 2012 near Kiev, will be expanded the company announced. Robert Schmid, the head of Baumit Beteiligungen GmbH, also emphasized the "social responsibility” towards the 60 employees in Ukraine.

June 16, 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

RIH's Slovenian Subsidiary Helios Restructured

The Ring International Holding AG (RIH) believes that its Slovenian subsidiary Helios Domžale, a paint and varnish maker acquired in 2014, is now fully restructured. EBIT margins are on a top European level, RIH manager Hubert Culik told APA after a press conference.

June 10, 2015

Austrian Foreign Trade with Russia and Ukraine Caved In

Foreign trade between Austria and Russia/Ukraine dropped y/y in Q1 2015: exports to Russia slipped by 39.8 percent, while imports from Russia fell 48.7 percent to EUR 0.4 billion, preliminary figures of Statistik Austria indicate. The imports from Ukraine fell by 31.5 percent, while exports dropped 55.9 percent to EUR 71 million.

June 9, 2015

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

Andreas Gschwenter Becomes New COO/CIO of Raiffeisen Bank International

The Supervisory Board of Raiffeisen Bank International decided that Andreas Gschwenter will become Chief Operating Officer (COO) and Chief Information Officer (CIO) of RBI from 1 July 2015. Gschwenter was born in 1969, has a degree in business administration and has been Head of Operations (COO/CIO) in charge of IT, operations and cost management at Raiffeisen Bank Aval in Ukraine since 2010. His appointment is subject to approval by the Austrian Financial Market Authority.

May 20, 2015

Meinl Kaffe Raised Coffee Sales in Spite of Russian Crisis

In spite of the crisis between Russia and Ukraine coffee seller Julius Meinl Kaffee managed to expand much in Russia, hiking sales by 30 percent while turnover in hotels, restaurants and cafes climbed last year by 13 percent y/y to eUR 21.5 million. The CFO Arno Götz noted that the company had driven out weaker competitors and had taken over market leader position.

May 20, 2015