Raiffeisen Bank Profit Rises 21% as Russian Losses Deepen
Raiffeisen Bank profit climbs 21% to €1.03 B despite Russia losses; RBI trims risk, grows loans, and confirms 2025 outlook.
Austrian Airlines Criticizes Austria’s High Operational Costs
Austrian Airlines CEO Annette Mann calls for long-term aviation strategy as Vienna’s high costs and taxes strain airline profitability.
Frequentis Stock Surges 22% Amid European Drone Threats
Frequentis shares rose 22% to €74 as NATO weighs a drone wall for Europe. Analysts expect more defense orders for the Vienna-based firm.
Austria Plans €500M Fund-Of-Funds To Boost Start-Ups
Austria plans a €300–500M start-up fund-of-funds to attract private investment, with the state as anchor investor and EU-wide scope.
RBI And EU Banks To Launch Euro Stablecoin In 2026
Raiffeisen Bank International and eight EU banks plan to launch a euro-backed Stablecoin in 2026 under MiCAR rules, offering a European payment alternative.
5,3% Up: 5,110 Business Bankruptcies in First 9 Months of 2025 in Austria
Austria recorded 5,110 corporate insolvencies in the first nine months of 2025, up 5.3%, with retail and real estate hit hardest.
Austria’s Housing Construction Slows, Subsidies Cut
Austria’s housing construction stalls as state cuts subsidies. Baumit warns of rising demand, too few new homes, and stalled renovations.
Amazon Prime Terms Ruled Partly Unlawful in Austria
Austria’s Supreme Court rules six Amazon Prime contract clauses unlawful after VKI lawsuit over fees, payments, and withdrawal rights.
First Half of 2025: 9.5% Jump in New Business Owners in Austria
Austria saw a 9.5% rise in new businesses in early 2025, with more women founders and calls for tax breaks to keep momentum.
Google Advances Data Center Project in Upper Austria
US tech giant Google has taken significant steps toward launching a long-planned data center in Kronstorf, located in the Linz-Land district of Upper Austria. According to an online report by ORF Oberösterreich on Saturday, the company has submitted a concrete project proposal to local building and commercial authorities. A construction permit could be issued as […]