RECENT NEWS
Forbes  Mar 26  Comment 
The Hypo Alpe Adria saga ripples on. It claimed its first victim last week, the tiny mortgage lender Duesseldorfer Hypothekenbank. A number of German banks and insurance companies have admitted that they stand to lose significant amounts on Heta...
Reuters  Mar 25  Comment 
New board members at Austrian companies OMV and Telekom Austria may include a former member of the European Central Bank's (ECB) executive board and a former OMV chief executive, the committee charged with the choices said.
Financial Times  Mar 23  Comment 
Lender battles share price plunge and concerns over risk exposure
Financial Times  Mar 18  Comment 
German lender reveals €400m exposure amid fallout from Hypo Alpe Adria collapse
Reuters  Mar 9  Comment 
Islamic State militants in Libya seized a group of foreigners at the al-Ghani oilfield last week, a spokesman for the Austrian foreign ministry said citing "secure information" on Monday, adding that they were alive when taken.
The Hindu Business Line  Mar 8  Comment 
Tata Motors-owned Jaguar Land Rover (JLR) is set to build its first all-electric car in Austria. The luxury car-maker’s Jaguar brand could begin production of the vehicle next year. ...
Biomass Magazine  Mar 3  Comment 
A 5 kWe cogen pellet boiler prototype system, designed and manufactured by OkoFEN, with Qnergy's Stirling engine inside, was introduced to the market at the The World Sustainable Energy Days in Wels, Austria.
MarketWatch  Mar 3  Comment 
Austria becomes latest to sell government bonds at negative yield
Wall Street Journal  Mar 2  Comment 
A new plan to wind down the remnants of nationalized Hypo Alpe-Adria-Bank International will see owners of the banks’ debts take steep losses, Austria’s finance minister said.
Reuters  Feb 27  Comment 
* More consolidation deals expected (Adds details on prices in Austria after mergers)




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