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Austria and Ukraine Business and Diplomatic Relations

RBI CEO Sevalda Confirms Talks with EBRD on Ukrainian Unit

Listed bank RBI is negotiating with the EBRD on investment in RBI's Ukrainian unit Aval, RBI CEO Karl Sevalda said Wednesday at the annual press conference in Vienna confirming earlier reports.

March 25, 2015

RBI Raiffeisen Bank International May Post Loss in 2015

Listed bank RBI may close 2015 in the red due to the current group restructuring measure and maintain a higher level of provisions, the bank said. 2014 consolidated loss came to EUR 493 million (USD 540.9 million), RBI also said confirming preliminary figures.

March 25, 2015

RBI in Talks with EBRD on Cooperation in Ukraine

Listed bank RBI is in talks with the EBRD as it attempts to secure EBRD help with business in Ukraine, RBI CEO Karl Sevalda told the daily Handelsblatt.

March 18, 2015

UNIQA Keeps Business in Eastern Europe

In spite of passing problems insurance group UNIQA wants to keep its business in all 15 CEE countries and also in Russia and Ukraine, CEO Andreas Brandstetter told the press on Friday while presenting the figures for 2014. The interest level will be small over the next years though.

March 6, 2015

OSCE Special Monitoring Mission to Ukraine Deputy Chief Monitor Alexander Hug to Visit Vienna

The Deputy Chief Monitor of the OSCE Special Monitoring Mission (SMM) to Ukraine, Alexander Hug, will visit Vienna, Austria, on 5-6 March.

March 5, 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

OSCE Chief Observer at the Russian Checkpoints to Visit Headquarter in Vienna

Paul Picard, Chief OSCE Observer at the Russian Checkpoints Gukovo and Donetsk will address the OSCE Permanent Council. He will report on the situation including movements across the Russian-Ukrainian border at the Russian checkpoints at Gukovo and Donetsk.

February 25, 2015

Spice Company Kotanyi Generated Higher Sales in 2014

Spice producer Kotanyi raised its sales in 2014 to EUR 140 million (USD 159.6 million) from EUR 138 million in 2013. In Russia, the most important foreign market, the company from Wolkersdorf was hit by the collapse of the Russian Rouble.

February 19, 2015