1,500 at Schönbrunn Zoo run

Categories
Sports

Over 1,000 runners in fancy dress took part in the second edition of the Schönbrunn Zoo run in Vienna on Tuesday. The six-kilometre route led by a man dressed as a polar bear took the 1,500 competitors around the animal enclosures. Zoo director Dagmar Schratter said: “Everyone was enthusiastic about the run between elephants, zebras […]

Raiffeisen boss has to pay crash costs himself

Categories
General News

Erwin Hameseder, head of the Raiffeisen-Holding Lower Austria-Vienna will have to pay himself for the damage of the car accident he caused with his Porsche 911 on 3 April. An expert report stated that there was a cause and effect relationship between tyres and the accident. The spokesperson of Raiffeisen Insurance told the Austria Press […]

Biodegradable credit card launched in Austria

Categories
General News

An Austrian bank is now offering its customers a bank card made out of corn that is biodegradable once it is finished with. The idea is part of an environmental initiative by the Raiffeisen Bank International AG (RBI) which includes not only biodegradable card but also packaging in which it is sent which is also […]

Baumax opens 15th store in Romania

Categories
Business

Building and DIY chain bauMax have opened a new superstore in Cluj (Klausenburg) in Rumania. Working together with Raiffeisen-Leasing the new location was built and opened the business after just a year of building time. The new store offers 15,000 m² and is the 15th store that the company has in Rumania including one that […]

Raiffeisen confirms Pröll talks

Categories
Finance

A Raiffeisen manager has fuelled speculations that former People’s Party (ÖVP) boss Josef Pröll could join the finance industry giant.Erwin Hameseder, head of Raiffeisenlandesbank Lower Austria-Vienna, said today (Weds) representatives of the bank discussed future options with the agricultural economist.Pröll retired from all his political functions – vice chancellor, finance minister and party leader – […]

RBI sees €130mn bank tax burden

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Finance

Raiffeisen Bank International (RBI) prepares to fork out more than 100 million Euros of extra taxes to the Austrian government this year.The bank – which handles the international operations of Raiffeisenzentralbank (RZB) – said today (Fri) it expected additional taxes of 130 million Euros in 2011 due to the new Austrian bank solidarity levy. The […]

Raiffeisen’s Romanian engagement prospers

Categories
Finance

Raiffeisen Bank International’s (RBI) Romanian affiliate has managed to increase its profit by more than 10 per cent.RBI said today (Weds) its department in the Eastern European (EE) country achieved profits of 83 million Euros in 2010, up by 12 per cent in a year.The Viennese institute – which handles the international operations of Raiffeisenzentralbank […]

BA to offer SmartBanking

Categories
Finance

Bank Austria (BA) bosses have revealed plans to introduce a service based on the functions of mobile phones of the latest generation.BA private customer’s head of agendas Rainer Hauser said today (Tues) customers will be able to use the programme called SmartBanking with their smartphones over the internet, but also via post and fax.The model […]

BA hopes for Burgenland growth

Categories
Finance

Bank Austria (BA) bosses have said they wanted to increase the institute’s focus on private clients in Burgenland.New BA Burgenland chief Andrea Staufer-Waldert said today (Weds) that the bank currently has 52,000 private customers in the eastern province. She added that BA’s 13 branches in Burgenland were serving more than 2,100 small and medium-sized enterprises […]

Raiffeisen Romania suffers massive losses

Categories
Finance

Raiffeisen International’s (RI) Romanian subsidiary suffered 75 per cent year on year losses in 2009, it has been announced.Online newspaper Romanian Times has reported today (Weds) that Raiffeisen Bank Romania had a net profit of 40 million Euros last year. The institute also reported losses of two million Euros in the last quarter of 2009.The […]