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21st Austria weekly - RBI, Strabag (02/05/2024)

21st Austria weekly - RBI Strabag 02/05/2024 [pic1]RBI: Raiffeisen Bank International RBI generated a consolidated profit of € 664 million in the first quarter 2024 Q1/2023: 657 million. Risk costs fell by more than 90 per cent compared to same period previous year. Higher interest income Central and Southeastern Europe resulted 70 increase net 1 455 million. At 25 million Slovakia reported largest increase mainly due interest-rate driven higher from customer loans deposits at national bank. Net fee commission sank 297 669 Russia recorded sharpest decline 287 while group s other countries showed stable development. impairment losses on financial assets were significantly lower reporting 301 comparable period which had been booked Eastern

German government looking into Raiffeisen-Strabag deal, reports Handelsblatt

Germany s economy ministry is looking into Raiffeisen Bank International s plans to buy a stake in Strabag, a construction firm linked to a Russian tycoon, news outlet Handelsblatt reported on. -May 03, 2024 at 08:33 am EDT - MarketScreener

Hungary s Newest Motorway Section Opens to Traffic

Hungary's newest motorway section on the M6 between Bóly and Ivándárda (both in southern Hungary, near the border) was recently opened to traffic.

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