Márton Éder

On paper, Rene Benko's property empire is worth billions. His creditors are about to find out that those valuations are too optimistic. bloomberg.com/news/articles/… via @business

Rene Benko's personal fortune has likely collapsed after his main holding company filed for insolvency, but like his real estate group, the situation is very opaque. bloomberg.com/news/articles/… via @wealth

A consortium of Signa Development bondholders is assessing whether the company is in breach of debt rules over hundreds of millions of euros they’re owed by other parts of Rene Benko’s retail and property group trib.al/rvyxmBi

The suspended Elbtower is just one of the sites affected by Signa's financial issues trib.al/ceqlNNV

Saudi Arabia’s sovereign wealth fund hires law firm Latham & Watkins to advise on the lending it made to Rene Benko’s Signa group, as the Austrian tycoon grapples with a cash crunch trib.al/1Au9paj

Red Bull heir gets €582 million ($615 million) dividend after inheriting the energy-drink empire from his late father last year trib.al/kr6rd1V

@AshSankholkar Wenn ich richtig gerechnet habe, ist die €1.51mrd Dividendezahlung wahrscheinlich noch das, was aus den Ergebnissen für 2021 ausgezahlt wurde. Dazu kennen wir die Details. :

Die "Dividendenzahlungen an Gesellschaften der Red Bull GmbH" summieren sich laut Konzernabschluss 1,5 Mrd €. Rein rechnerisch kassierte die Distribution & Marketing GmbH von Mark Mateschitz rund 740 Millionen Euro. /3

+++ RED BULL +++ Der Energy Drink Konzern der Familien Mateschitz & Yoovidhya erwirtschaftete im Jahr 2022 einen Rekord bei Umsatz und Gewinn - und kassiert Megadividende. Das geht aus dem neuen Konzernabschluss hervor. /1

📢THREAD: Today @business has launched Eastern Europe Edition, our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can sing up here: bloomberg.com/account/newsle…

Güterzüge entgleisen, Murenabgänge blockieren den Verkehr. Die Alpen sind immer noch ein formidables Handelshindernis trib.al/avzTvzh

Hungary is ramping up battery production at the fastest pace on the planet on a per capita basis, but not everyone is happy about that. bloomberg.com/news/features/…

Commerzbank Taps Ex-Erste CEO Spalt as Chief Risk Officer bloomberg.com/news/articles/… via @business

A Hungarian entrepreneur critical of Viktor Orban is acquiring a minority stake in the publisher of @rzeczpospolita newspaper weeks ahead of a tightly contested national election bloomberg.com/news/articles/… via @AlbertoNardelli

A severe supply shortage of rental properties across Europe is forcing young professionals to move in with their parents bloomberg.com/news/features/… via @bbgequality with @AliceKantor @MorwennaConiam @AllegraCa1 Ott Tammik @halmeida5 @martoneder @cagankoc Jessica Loudis

Österreichische Firmen sind prädestiniert, ein Stück vom Kuchen des Ukraine-Wiederaufbaus abzubekommen. Wäre da nicht die Nähe zu Russland. trib.al/P22DMi6

We wrote about Austria’s geopolitical dilemma and how it’s affecting the prospects for business investments in a region long considered its key market. w/ @virtualnomad #xj4y7vzkg" target="_blank" rel="nofollow noopener">bloomberg.com/news/articles/…

Abu Dhabi and Austria’s OMV are exploring a combination of Borouge and Borealis to create a chemicals and plastics company worth more than $30 billion, sources say trib.al/7E8JQek

“For the sake of market transparency, we strongly advocate for OPEC to allow journalists from relevant global news outlets to attend.” bloomberg.com/news/articles/…

Wien steht eher vor einer langsamen Korrektur seines stark überbewerteten Wohnungsmarktes als vor einem plötzlichen Einbruch der Preise, sagt die OeNB. bloomberg.com/news/articles/… via @BBGaufDeutsch @martoneder

A slump in Vienna home prices is unlikely, according to the Austrian National Bank. A more plausible scenario may be a bout of stagnation after a decade-long boom. bloomberg.com/news/articles/…

An ex-Austrian bank chief wanted in the US over his alleged role in a giant Brazilian corruption scandal lost a bid to halt his extradition from the UK trib.al/KcdMvqB