Latest News

RBI: Greece Seen Causing Only Temporary Turbulence on Stock Markets

Stock market turbulence caused by the development of the situation in Greece will be only temporary, RBI bank analysts said of the latest share price declines.

4 hours ago

Austria to Acquire 0.5 Pct in China's Asian Infrastructure Investment Bank

Austria will hold 0.5 percent in the Asian Infrastructure Investments Bank (AIIB), the founding documents of which were signed on Monday, the Finance Ministry told APA. The deal costs Austrian tax payers USD 100 million.

5 hours ago

Austrian Ad Spending Up by 7 Pct Y/Y

Austrian companies spent EUR 6.4 billion (USD 7.1 billion) on advertising, up by a clear 7 percent y/y, show the results of a survey conducted by researcher marketmind for Post among 500 enterprises.

5 hours ago

Austrian Subsidiaries of German Merck Get New CEO

Austrian distribution arms of German pharmaceutical firm Merck KGaA i.e. the Vienna-based firms Merck GesmbH, Merck Chemicals and Live Science GesmbH are getting a new helmsman in Matthias Wernicke.

5 hours ago

Austria Set to Achieve Small Surplus in Foreign Trade in 2015

Austria should achieve another record in terms of exports in 2015, while foreign trade balance should be slightly positive for the first time since 2007, Austria's Federal Economic Chamber (WKO) head Christoph Leitl said at the opening of the 13th Austrian Exports Day. Leitl estimates the predicted surplus at EUR 0.1 billion (USD 0.1 billion) as imports have been growing at a slower rate than exports. In 2016, foreign trade surplus should be bigger at EUR 0.6 billion.

6 hours ago

Austrian Infrastructure Minister Satisfied with EU Agreement on Roaming

Infrastructure minister Alois Stöger (SPÖ) is satisfied with the agreement on roaming in the EU, according to which roaming fees shall be abolished around summer 2017. The fair-use rule applied will ensure that those making less phone call will not have to pay for those ringing a lot, Stöger said.

6 hours ago

Atrium European Real Estate Limited / ATRIUM COMPLETES ACQUISITIONOF ARKÁDY PANKRÁC SHOPPING CENTRE IN PRAGUE FOR EUR162 MILLION

Further to its announcement on 22 January 2015, Atrium European Real Estate Limited, a leading owner, operator and developer of shopping centres and retail real estate in Central and Eastern Europe, announces that the Atrium Group has completed the acquisition of a 75% interest in the Arkády Pankrác shopping centre (the "Centre") in Prague, the Czech Republic for a consideration of EUR162 million.

6 hours ago

Debt in Austria Reaches Historic High

The volume of debt in Austria has reached a historic high, Statistik Austria reports. According to its data, debts totalled 4.9 percent of the GDP or EUR 280.2 billion (USD 311.6 billion) at the end of Q1 2015. This marks a rise of the debt volume by 0.3 percent of the GDP compared to the end of December.

7 hours ago

EANS-Total Voting Rights: Atrium European Real Estate Limited / Releaseaccording to article 93 BörseG with the aim of a Europe-wide distribution

Atrium European Real Estate Limited AG hereby announces that at the end of the month June 2015 the number of voting rights amounts to a total of 376067948 voting rights. The stated capital is now EUR 2625150123. The change of total voting rights is effective as of 30.06.2015.

11 hours ago

RZB with No Engagement in Greece, Expects No Impact from Current Affairs

Austria's bank RZB expects the current turmoil in Greece to have hardly any impact on Austria, the group's CEO Walter Rothensteiner said. There may be some slight increase in the state debt, in the vent of Greece's default, he expects.

Yesterday