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Erste
Erste Group Bank AG (shortened version Erste Group) is an Austrian financial service provider. It is one of the largest financial service providers in Central and Eastern Europe serving more than 16 million clients in over 2,000 branches in seven countries. Erste Group is headquartered in Vienna and operates as a universal bank. Erste Group is the central entity of the Sparkassengruppe Österreich (Austrian Savings Banks Group) and the Österreichischer Sparkassenverband. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. The main shareholder of Erste Group is the non-profit ERSTE Foundation. In 1997, Erste Group went public and today the company is listed on the exchanges of Vienna, Prague and Bucharest and included in the indices ''CEETX'', ATX and PX. History The origins of Erste Group are in the founding of the Erste öster ...
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Sparkassengruppe Österreich
The ''Sparkassengruppe Österreich'' () brings together all savings banks () in Austria. Tracing its origins to 1819, it serves around 4 million customers in 797 branches with more than 15,500 employees, with a customer share in Austria around 31.2% as of December 2022. The group has a complex decentralized structure but relies critically on Erste Group Bank AG, which owns the main local savings bank in Vienna, operates central functions, owns and manages subsidiaries outside of Austria, and consolidates group accounts. The Österreichischer Sparkassenverband acts as the group's national representative body. In 2020 the group had total assets of €277 billion, ahead of Raiffeisen Bank International (€166 billion), UniCredit Bank Austria (€119 billion), and BAWAG, BAWAG Group (€53 billion), making it one of the largest Austrian banking groups. Since the entry into force of European Banking Supervision in late 2014, the entire Sparkassengruppe Österreich has been directly su ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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ERSTE Foundation
ERSTE Foundation (in German DIE ERSTE österreichische Spar-Casse Privatstiftung or in short: ERSTE Stiftung) is the biggest Austrian savings bank foundation. In 2003, it evolved from the Erste österreichische Spar-Casse, the first Austrian savings bank founded in 1819. It is the core shareholder of Erste Group. As a private austrian savings banks foundation, the foundation invests parts of its dividends to support the development of societies in Central and South Eastern Europe. Mission ERSTE Foundation is active in Central and South Eastern Europe. Its mission goes back to the savings banks idea of the 19th century. It supports social participation and civil society engagement; it aims to bring people together and disseminate knowledge of the recent history of a region that has been undergoing dramatic changes since 1989. Projects (examples) * Zweite Sparkasse (Second Savings Bank) – was ERSTE Foundation’s first project aimed at promoting social and financial inclusion. ...
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Slovenská Sporiteľňa ústredie
Slovak may refer to: * Something from, related to, or belonging to Slovakia (''Slovenská republika'') * Slovaks, a Western Slavic ethnic group * Slovak language, an Indo-European language that belongs to the West Slavic languages * Slovak, Arkansas, United States See also * Slovák, a surname * Slovák, the official newspaper of the Slovak People's Party Andrej Hlinka, Hlinka's Slovak People's Party (), also known as the Slovak People's Party (, SĽS) or the Hlinka Party, was a far-right Clerical fascism, clerico-fascist political party with a strong Catholic fundamentalism, Catholic fundamental ... * {{disambiguation, geo Language and nationality disambiguation pages ...
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Prague BudejovickeSq
Prague ( ; ) is the capital and List of cities and towns in the Czech Republic, largest city of the Czech Republic and the historical capital of Bohemia. Prague, located on the Vltava River, has a population of about 1.4 million, while its Prague metropolitan area, metropolitan area is home to approximately 2.3 million people. Prague is a historical city with Romanesque architecture, Romanesque, Czech Gothic architecture, Gothic, Czech Renaissance architecture, Renaissance and Czech Baroque architecture, Baroque architecture. It was the capital of the Kingdom of Bohemia and residence of several Holy Roman Emperors, most notably Charles IV, Holy Roman Emperor, Charles IV (r. 1346–1378) and Rudolf II, Holy Roman Emperor, Rudolf II (r. 1575–1611). It was an important city to the Habsburg monarchy and Austria-Hungary. The city played major roles in the Bohemian Reformation, Bohemian and the Protestant Reformations, the Thirty Years' War and in 20th-century history a ...
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Der Standard
''Der Standard'' () is an Austrian daily newspaper published in Vienna. It is considered a newspaper of record for Austria. History and profile ''Der Standard'' was founded by Oscar Bronner as a financial newspaper and published its first edition on 19 October 1988. German media company Axel Springer SE, Axel Springer acquired a stake in the paper in 1988 and sold it in 1995. Bronner remains the paper's publisher, Gerold Riedmann is editor-in-chief. ''Der Standard'' sees itself as—in a Continental European sense (socially and culturally, but not economically)—Liberalism, liberal and independent. Third parties have described the paper as having a left-liberal stance. Until 2007, the editor-in-chief of the daily was Gerfried Sperl, Alexandra Föderl-Schmid succeeded him in the post. In 2002 the paper was one of four quality daily newspapers with nationwide distribution along with ''Salzburger Nachrichten'', ''Die Presse'', and ''Wiener Zeitung''. Although ''Der Standard'' is i ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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Leopoldstadt
Leopoldstadt (; ; "Leopold-Town") is the 2nd municipal district of Vienna () in Austria. there are 103,233 inhabitants over . It is situated in the heart of the city and, together with Brigittenau (20th district), forms a large island surrounded by the Danube Canal and, to the north, the Danube. It is named after Leopold I, Holy Roman Emperor. Due to its relatively high percentage of Jewish inhabitants before the Holocaust (38.5 percent in 1923), Leopoldstadt gained the nickname (' Matzo Island'). This context was a significant aspect for the district twinning with the New York City borough Brooklyn in 2007. Landmarks Places of interest include the ''Wiener Prater'' (from Latin ''pratum'' "meadow"), former imperial hunting grounds to which the public was denied access until 1766. The area of the ''Prater'' closest to the city centre contains a large amusement park, known as the ''Volksprater'' ("People's Prater") or ''Wurstelprater'' (after the Arlecchino, Harlequin-type fi ...
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Graben 21 Wien
In geology, a graben () is a depressed block of the crust of a planet or moon, bordered by parallel normal faults. Etymology ''Graben'' is a loan word from German, meaning 'ditch' or 'trench'. The first known usage of the word in the geologic context was by Eduard Suess in 1883. The plural form is either ''graben'' or ''grabens''. Formation A graben is a valley with a distinct escarpment on each side caused by the displacement of a block of land downward. Graben often occur side by side with horsts. Horst and graben structures indicate tensional forces and crustal stretching. Graben are produced by sets of normal faults that have parallel fault traces, where the displacement of the hanging wall is downward, while that of the footwall is upward. The faults typically dip toward the center of the graben from both sides. Horsts are parallel blocks that remain between graben; the bounding faults of a horst typically dip away from the center line of the horst. Single or multipl ...
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