Wolves say Maierhofer is for sale

Categories
Sports

National team star Stefan Maierhofer is expected to leave Wolverhampton Wanderers ahead of the upcoming season after coach Mick McCarthy revealed there is interest in the striker from other clubs.The former Ireland manager said today (Weds): “Stefan is for sale. (…) I tell the players if they can go and then I guess they tell […]

Cold winter serves up hot figures for EVN

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Business

Increasing demand for warm water and energy in the long extended winter helped energy provider ENV’s earnings soar.The Lower Austrian company said today (Thurs) earnings before interest and taxes (Ebit) rose by 5.7 per cent to 194.4 million Euros in the first half of the 2009/2010 business year compared to the first half of the […]

Banca Transilvania to list on WBAG

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Finance

Romanian bank Banca Transilvania (BT) is going to list on the Vienna Stock Exchange (WBAG) after shareholders’ approval of the move.BT, listed on the Bucharest exchange since 1997, said today (Fri) the decision to list on the WBAG would make the company “more visible and more attractive to foreign investors.”Horia Ciorcila was re-elected president of […]

Erste’s BCR first bank to drops early repayment loan fee

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Finance

Austrian Erste Group’s subsidiary Banca Comerciala Romana (BCR) announced it has dropped the early repayment fee for newly contracted bank loans if they are without guarantees and with variable interest.It is the first bank on the Romanian market that announces the move after the Romanian government earlier this week said it would impose a European […]

Immofinanz on road to recovery

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Business

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 […]

TA to buy rest of its Belarussian subsidiary

Categories
Business

Telekom Austria (TA) is planning to buy the remaining 30 per cent interest in its Belarussian subsidiary Velcom at the end of 2010, according to today’s (Tues) edition of the newspaper WirtschaftsBlatt.According to the paper, the remaining interest might cost as much as 500 million Euros and that TA would buy it from Austrian industrialist […]

Savings accounts most popular place to stash money last year

Categories
Finance

Savings accounts were the investment vehicle of choice for Austrians last year, new research has shown.According to results of a new poll by GfK Austria released today (Weds) 52 per cent of Austrians put available money into them in 2009.That percentage compares to the 15 per cent of Austrians who chose to put money into […]