Erste in €40mn support deal for Tvarna mall project

Categories
Finance

A Northern Irish property firm is set to build a new shopping centre an hour’s drive from Austria after getting a multi-million Euro loan from Erste Bank’s 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 Italy’s Intesa Sanpaolo […]

Office complex blaze causes huge damage

Categories
General News

Experts are investigating after an office complex in Leibnitz, Styria, was devastated by a fire last night (Weds/Thurs).Local officials said today around 50 firemen managed to extinguish the blaze shortly, causing around 200,000 Euros of damage.They added no one was injured as fire-fighters avoided the blaze spreading to adjoining buildings.

Siemens boss calls for ‘stable and transparent’ financial economy

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Business

Siemens chief Peter Löscher said he saw signs of recovery of the European economy as he attended the opening of a new office complex in Vienna today (Fri).The Austrian said: “Tendencies of the European economy managing to recuperate are clearly visible despite the nervousness dominating the international financial markets.”Löscher stressed that a “stable and transparent” […]