Austria’s state railway system could be facing a multi-million pound bill if Italian officials are correct and that many of its goods wagons have got faulty wheels thanks to outsourcing in eastern Europe. According to a report on the Austrian state broadcaster the ORF, a Slovakian subsidiary firm of the rail company is responsible for […]
Tag: subsidiary
Offices of Austrian Federal Railways (ÖBB) and the apartments its of ex-managers were raided last night (Mon) amid suspicions of bribery connected to the takeover of a Hungarian railway company.The Viennese Anti-Corruption Prosecution announced today (Tues) it was asked by Hungarian officials to assist in investigating the case regarding ÖBBs acquisition of MAV Cargo. The […]
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 […]