Telekom Austria (TA) investor Ronny Pecik has declared himself a team player. The businessman – who cooperated with an Egyptian entrepreneur about increasing his stake in the firm to around 21 per cent over the past months – told radio station Ö1 today (Thurs): “I consider myself a team player. I don’t plan a fire […]
Raiffeisen Bank International (RBI) is considering taking a stake in a Polish bank, it has been claimed.Business newspapers report today (Weds) that bosses of the Austrian institute, which handles Raiffeisenzentralbanks (RZB) operations in Central and Eastern Europe (CEE), are negotiating placing an offer for a stake in Polbank EFG.RBI refused to comment the reports, while […]
Telekom Austria (TA) are considered favourites to take over a majority stake in Telekom Srbija.The Austrian company confirmed today (Fri) it has been looking at the tender papers for the planned sale of a 50 per cent interest in the Serbian telecommunications provider.France Telecom, Germanys Deutsche Telekom and Egyptian firm Orascom Telecom are also interested […]
Hannes Androsch has claimed US investor Cerberus Capital Management is considering leaving Austrian BAWAG PSK soon.The Former Social Democratic (SPÖ) finance minister said at a business event last night (Tues) it was possible that the American bank house withdrew its engagement “in the foreseeable future”.Cerberus however is committed to remain on board for at least […]
Austrian budget airline FlyNiki has announced plans to increase its connections to German airports as Lufthansa pilots prepare to strike from Monday.Pilots of the German aviation giant announced yesterday (Weds) they would go on strike between Monday and Thursday over fears their jobs are at risk. Union leaders claimed the company board had plans to […]