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voestalpine wing - The gate to the Red Bull Ring

To mark the return of the Austrian Grand Prix to the Formula 1 calendar this June, voestalpine AG and Projekt Spielberg are cooperating closely to create a new architectural highlight and Welcome Center at the Red Bull Ring: the voestalpine wing.



No one wants to buy KTZ newspaper

The Carithian newspaper KTZ that was forced to look for other investors when it's owner failed to settle the paper's debts has received no offers from [...]


Dont disregard insolvency for Hypo bank says WIFO head

A leading Austrian economist has caused controversy by questioning the government's stance about how to deal with ailing bank Hypo Alpe Adria. [...]


Hypo could receive 1bn Euros in state aid this year

Ailing Austrian bank Hypo Alpe Adria could receive 1 billion Euros from the government in 2014, Finance Minister and leader of the Austrian People's P [...]


Hypo will not be allowed to go bust says SPO

Rumours over whether the struggling Hypo Alpe Adria bank will be allowed to go bust have been rejected by the parliamentary leader of the Social Democ [...]


Healthy banks in talks over Hypo Alpe Adria

Austria's banks are due to begin talks with the government over the takeover of bad assets belonging to ailing bank Hypo Alpe Adria. [...]


Reinhard Gerers 'Teatro' show goes bust

The show from celebrity chef Reinhard Gerers, which combined high quality dinner service with theatrics and shows, had hoped to get more people throug [...]


Different pay rises for former civil servants at Telekom Aus

Workers at Telekom Austria will receive different pay rises depending on whether they are former public sector employees or regular staff, it was anno [...]


Austrian central bank downplays real estate bubble fears

The Austrian central bank has downplayed concerns over whether the real estate bubble in Vienna and the rest of the country could shake financial stab [...]


ORF Presenter Freund Guesses Workers Get 3,000 a Month

Former ORF presenter Eugen Freund who ended up in hot water right at the start after announcing he had been asked to run in the European elections as [...]


Row over clone versions of discount cards

Supermarket chain Billa is involved in an online row via social networking sites with customers over the use of cloned cards that allow customers to g [...]


Pay rise for Austrian civil servants

Civil servants in Austria have succeeded in securing themselves a pay rise after the two parties in the coalition government announced they have come [...]


Austrian wine proves popular in UK

Austrian wine is getting popular once again in the UK, with quality supermarket Waitrose recording a 53% rise in sales compared last year compared to [...]


Vienna Stock Exchange may merge with Warsaw

Vienna CEE Stock Exchange (CEESEG) could be on its way to becoming central Europe’s largest single financial services marketplace if the Warsaw stock [...]


Mexican investor ups shares in Telekoms Austria

Shares of Telekom Austria held by a Mexican Carlos Slim have increased to 26.8% after the businessman pooled together stakes held by his company and t [...]


Pressure in workplace increases considerably

Pressure on employees in companies in Austria has increased significantly according to a new study into burnout. [...]


Billa Opens Drive In Supermarkets in Vienna

Austrian supermarket Billa is opening its first two 'Drive In Supermarkets'. [...]


New Luxury Hotel To Open in Vienna

The building of the Radisson Blu Palais Hotel on the famous Vienna Ringstrasse is to become a new 'Top Luxury Hotel' according to media reports. [...]


City earns 110 million Euro in a year from parking fees

The city of Vienna has raised 110 million Euros from parking fees from parking permit charges through to parking fines in the city in 2013. [...]


Media Markt ordered body and bag searches of staff claim

Managers at the branch of electronic discount chain Media Markt in the Austrian town of Krems have come under fire from trade unions after they allege [...]


Chemist develops new way to bleach jeans

An Austrian chemist has developed a new way of bleaching jeans which is much safer. [...]


Highest Unemployment in 60 Years Predicted

The Austrian Employment Agency AMS predicts the unemployment rate to increase to 7.6 per cent in Austria in 2014 making it the highest unemployment ra [...]


Linz has up to 40,000 Sqm of unoccupied office space

Linz, the capital of Upper Austria has thousands of square metres of empty office space. [...]


53 Directors Earn More Than Chancellor At State Owned Compan

There were 53 board members or managing directors in 22 state owned companies or companies with part state ownership who earned more than the Austrian [...]


BayernLB agrees sale of Hypo Österreich

The former owner of the scandal hit Hypo Alpe Adria bank, the BayernLB, is expected to formally approve the sale of Hypo Österreich to the British Ind [...]

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