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May 14th, 2008   |   Login

Archive for the 'Austrian Credit' Category

The municipality of Hinterstoder is on the top of the list of Upper Austrias highest in debt municipalities.
The indebtedness per head of Hinterstoder amounts 11.000 EUR. This is more than the double of Unterweitersdorf, which is the municipality in the second place.
The Upper Austrian municipality with the lowest debts is Mayrhofen im Innviertel. The village […]

The bankrupt textile refiner Heinisch from the Upper Austrian town of Hörsching, should keep its healthy yarn branch. The field clothes should be closed.
94 jobs are affected in Hörsching. Liquidator Erhard Hackl: “We have orders which we have to proceed to avoid harms. There is a workload until the beginning of May.”

The healthy yarn branch […]

The municipality of Wiener Neustadt has sold 70 residential buildings for 120 mio EUR to a subsidiary. This is the biggest real estate swap of a municipality in Austria.
Outsourcing of public corporate bodies to receive tax advantages: real estates were sold to its own subsidiary. Thus a credit funded buying price flows. The subsidiary can […]

The Bank Austria Creditanstalt was able to raise its dividend from 2,50 in 2005 up to 4 EUR by special income of sales.
Participation sales of Austrias biggest bank makes it possible to celebrate results in highest record values.

The pretax profit in 2006 amounts 3,3 billion EUR (previous year: 1,3 billion EUR). The sale of the […]

The Sparkasse banks want to refine its offers and stand up to the direct banks of ING Diba, Generali Bank and easybank.
The situation of the Sparkasse group changed. They had to compete with affiliated bank so far, but recently new competitors in the shape of direct banks appeared.

Now the 55 different Sparkasse banks and its […]

Hypo Alpe-Adria Consultants Croatia in Zagreb and Hypo Alpe Adria Austria in Klagenfurt should be sold.
According to Austrias economy newspaper “Wirtschaftsblatt”, 25 bidder showed their interest. Currently 8 bidder remain. It’s told the Italian operator Maurizio Zamparini has offered to pay 1,2 billion EUR.

Zamparini is president of the Italian football club “FC Palermo”. In former […]

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 the […]

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 about the […]


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