Austria Arrests Ex-Stavropol Mayor (The Moscow Times)

6 August 2008, 11:34 am

06 August 2008 By Nikolaus von Twickel / Staff Writer Nine months after fleeing the country, former Stavropol Mayor Dmitry Kuzmin has been arrested in Austria and placed in detention pending extradition proceedings, law enforcement officials in both countries said Tuesday.... read more

Telekom Austria sells debut promissory notes (The Economic Times)

6 August 2008, 11:00 am

Telekom Austria has issued debut 300 million euro ($465 million) 4-year promissory notes, raising three times more than originally offered, the phone company said in a statement on Wednesday.... read more

Austria's OMV throws in towel in battle for Hungary's MOL (AFP via Yahoo! News)

6 August 2008, 9:56 am

Austrian oil and gas giant OMV finally threw in the towel on Wednesday in its long battle to buy Hungarian rival MOL, announcing it was withdrawing its bid in the face of EU opposition to the deal.... read more

HMM sets up branch in Austria (Fairplay)

6 August 2008, 8:21 am

HYUNDAI Merchant Marine has set up a unit in Austria, the fourth overseas branch formed by the Seoul-based company this year. HMM said the division would handle box cargo from eastern Europe. It formed unit ...... read more

Austria's OMV drops bid for Hungary's MOL (INO News)

6 August 2008, 7:47 am

(AP:VIENNA, Austria) Austrian oil and gas company OMV AG said Wednesday it has dropped its bid to merge with Hungary's MOL. OMV said it decided to withdraw the merger notification it filed with the European Commission in January following a June 16 statement of objections from Brussels.... read more

Iran, Austria ink railway agreement (Islamic Republic News Agency)

6 August 2008, 6:01 am

Iran - Austria - Railway Iran and the Austrian company RAI inked an agreement on implementation of joint railway projects.... read more

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