This name is used for an orchestra on budget compilations, usually in conjuncture with the conductor Hymisher Greenburg. It was previously linked in MBz with the details for a real-life orchestra known as the European Philharmonic Orchestra http://www.europ-phil.com/, formed 1994 as the Junge Österreichische Philharmonie. That orchestra does have some CDs, none of which are in MBz at the time of writing, but they are not on labels in the Scholz family, and are quite different in intent and content to those listed here. There is no mention of Hymisher Greenburg on their website.
If their releases were to be added to MBz, then a new artist should be created.