No Buwog compensation hearing till Autumn


By Rob Hyde in Vienna Former Immofinanz director Kark Petrikovics and ex-lobbyist Peter Hochegger are set to appear in court in a row over illegal commissions from the sale of state owned properties. The hearing, centred around the alleged commissions received of 9.9 million Euro paid during the privatisation of construction giant, Buwog, are now […]

Immofinanz on road to recovery


Vienna-based real estate firm Immofinanz managed to keep its turnover stable in the first three quarters of its 2009/2010 business year (1 May to 30 April).Company officials said today (Weds) it had had turnover of 552.8 million Euros, down by just 0.47 per cent compared to its turnover during the same period of its previous […]