Austria Credit Score Online

The “Group Award” Austria within the scope of “Lipper Fund Awards”, goes to the Raiffeisen Capital-Group, the award for the best bond fund in Germany was given to the domestic Volksbank Invest. The Rating-agency Lipper belongs to the Reuters-group and has given several awards to Austrian fund companies for Austria and Germany. The group award [...]

By a discount-certificate to the Austrian insurance company Uniqua, investors are able to make good profit in spite of a stagnating rate of exchange. It does not look like the share of Uniqua will take a high rise, but the insurance company has made good business with life-insurances in Eastern Europe last year. The profit [...]

Procter & Gamble defends its title as “best employer in Austria”. The award was assigned by Austrias economy magazine “trend”. “A great place to work”, the Austrian subsidiary of the US-combine Procter & Gamble was elected the second time in a row to “Austrias best employer”. The silver medal goes to Oracle Austria and bronze [...]

“The Austrian industry has experienced a robust beginning of the year by good spirit”, says the secretary general of the Austrian industrialists association (IV). But the first signs of degeneration can be seen on the horizon. We are strong enough to handle that, thinks the secretary general. The first economist of the Austrian industrialists association [...]

The Austrian subsidiary company of the German Aldi group, Hofer, is becoming strong in the Slovenian supermarket sector. By a market share of 2,1% the company takes the fourth place in Slovenia. This is very much remarkable, because the period of presence for Hofer in Slovenia is just one year. The market leader in Slovenia [...]

The Upper Austrian fire brigade equipment manufacturer Rosenbauer delivers 16 airport fire engines to Australia. The order amounts to 13,5 Mio EUR. In 2005 Rosenbauer made sales in the value of 321,3 Mio EUR. The company delivers now 16 airport fire engines “Panther 6×6″ for military bases, declared Rosenbauer last Friday in a press release. [...]

The half of the Austrians borrwed one credit in their life. Among the population under 30 years the amount of credit users is 25%. 50% of the credit users in Austria, especially old people and people with low income, do not compare the different options of credits, and take the first one. Those informations are [...]

McDonald’s continues to shake off its competitors in Austria. The positive numbers were yesterday presented by McDonald’s boss David Newman in Vienna. In spite of the glut on the market in the fast food sector, Mc Donalds still moves on. It is true the amounts of 162 fast food restaurants in Austria stagnated last year, [...]

Austrian PC-manufacturer Gericom is the second biggest capital stock annihilator According to the ranking of the German protection association for security holdings (DSW), the Austrian PC-manufacturer Gericom was elected to the second biggest capital stock annihilator in 2006. An capital expenditure of 10.000 EUR five years ago, had a value of poor 341 EUR at [...]

2006 was a very good year for the Raiffeisen Leasing Group. In spite of dropping transactions in Austria, they were able to make a new record result. While the business in Austria was 7 percent smaller than the year before, the sales abroad increased up to 40 percent. The sum of the sales abroad in [...]

The Austrian Allianz group is usually known for insurances. But now the company want to compete with banks, and offer with its new product “Allianz Top Cash” an interest rate of 3,375 percent. Allianz adjusts a new business strategy, and want to become the general price leader in assessments in Austria. “We offer the best [...]

“Hedge-Funs makes it possible to become more rich, but only for the rich ones”, say the Austrian critics of globalisation from the organization “Attac”. The movement against globalisation want a general prohibiton of Hedge Funds in Austria. The main reason for their demand is the endangering of the stability of the financial market. According to [...]

The feelings ran high on Wednesday evening in the Austrian parliament. The role of the BAWAG accounting chancellery KPMG was under the closer view of the bank-scandal fact-finding committee. An infringement of the banking confidentiality was found, because a credit of the BAWAG to the KPMG of Carinthias governor Jörg Haider was published. Haider reported [...]

Since the new year has started, banks must adapt the interest rate of bank books automatically. The Supreme Court in Austria made such a decision, but that does not mean all bank books or forms of saving are affected. The rule is only valid for bouned bank saving books with variable interest rate. These are [...]

Austria Credit Score Online is the new online magazine from Austria about Austrian credit, bank, loan, finance, money and economy. Wednesday, 21th February 2006