Andritz Hydro, part of technology specialist Andritz, has secured orders worth a total of EUR 80m. The company will deliver equipment for hydropower plants in Sweden, India, USA and Costa Rica.
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Vienna Insurance Group (VIG) has raised its shareholding in Turkish non-life insurer Ray Sigorta to 94.3% from 84.3% by buying more shares from Dogan Sirketler Grubu Holding. The shares are owned via TBIH Financial Services Group N.V.
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Fitch retained its BB+ long-term issuer default rating on real estate company Atrium. The short-term rating was kept at B. The outlook is stable.
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Raiffeisen Bank International (RBI) has agreed to take 70% in Polish Polbank for EUR 490m. As a next step, RBI will merge Polbank and Raiffeisen Bank Polska. Polbank is being sold by Greek Eurobank EFG. The deal should be approved by the necessary authorities.
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