Austrian tourism officials have revealed plans to increase their focus on Central and Eastern Europe (CEE). Around 10 per cent of vacationers choosing Austria come from the region, up from just four per cent 15 years ago. Now the Austrian Tourism Marketing Agency (ÖW) announced it would launch a new promotion campaign in countries like […]
Hundreds of jobs at Nestle Austria are at risk, according to a report. The Kurier revealed today (Fri) that the globally operating foodstuff giant decided to shut the Austrian representation of its Nespresso subsidiary. The firm confirmed the closure of the facility in Vienna which has orchestrated its operations in Central and Eastern Europe (CEE), […]
The Austrian ambassador in London has revealed plans to invite Great Britains royal newlyweds to the Vienna Opera Ball.Emil Brix attended the wedding of Prince William and Kate Middleton at Londons Westminster Abbey last week. Austrian broadcaster ORF announced that its seven-hour royal wedding day programme had around 1.9 million viewers. Tens of thousands more […]
Erste Bank, one of Austrias leading financial institutes, has said it planned to pay back the state aid it has received over the past two years in the coming months.The Vienna-based bank, which is active in the whole Central and Eastern which (CEE) region, announced today (Fri) it intended to return the 1.2 billion Euros […]
Works council chiefs are on high alert after new UniCredit boss Federico Ghizzoni revealed plans to save costs.The businessman, who succeeded Alessandro Profumo as chief of Italys biggest bank last month, said in an interview with Rome newspaper La Repubblica yesterday (Tues) that he wanted to “lower costs”.He also stressed: “UniCredit is a healthy bank. […]
A Northern Irish property firm is set to build a new shopping centre an hours drive from Austria after getting a multi-million Euro loan from Erste Banks Slovenska sporitelna.British media report today (Fri) that the Slovakian subsidiary of Vienna-headquartered Erste Bank teamed up with VUB bank a Slovakian competitor owned by Italys Intesa Sanpaolo […]
Austrian banks benefited from their investments in Central and Eastern Europe last year, it was claimed today (Thurs).Andreas Ittner, director of the Austrian National Bank (OeNB), said that OeNBs estimate was that the countrys banks had earned 0.9 per cent more year on year in 2009 due to CEE engagements.Ittner said that OeNBs studies had […]