Semperit AG Holding (Semperit) shares soared in value today (Tues).As of 2pm, one stock in the rubber and synthetics industry company was traded at 40.81 Euros, up by 1.56 per cent. Semperit is based in Vienna and part of the German Continental AG group, a leading producer of tyres.Vienna-based fireproof products maker RHI AG also […]
Young golfers from Austria are being urged to test their skills against some of the worlds top talent at a major junior golf tournament this summer.Around 500 players from 30 countries are expected to descend on Scotland for the 2011 U.S. Kids Golf European Championships Europes premier tournament to showcase the next generation of […]
RZB boss denies VBI takeover aim
Raiffeisenzentralbank (RZB) chief Walter Rothensteiner has ruled out being interested in the acquisition of two struggling competitors.Rothensteiner told the Kurier newspaper today (Mon) that RZB had no intentions to approach Hypo Group Alpe Adria (HGAA) and Volksbank AG (ÖVAG about a takeover or a cooperation.The banker argued there would be “no sense” in acquiring HGAA […]
An autopsy has been ordered after an elderly German collapsed and died on a slope in Tyrol.Officials in Finkenberg announced today (Mon) that the 72-year-old from Berlin may have suffered a heart attack. They stressed that a forensic examination should reveal the cause of the pensioners death.The incident occurred on Saturday morning at the Hintertuxer […]
Bull squashes farmer
An elderly farmer has been injured by a two-year-old bull.The unconscious 72-year-old was found by his wife on Saturday morning, police in Ellmau in Tyrol said today (Mon). He was airlifted to a clinic in Kufstein where doctors attested severe internal injuries. It is unclear why the 1,000-kilo animal attacked the man.Earlier this month, a […]
Teens behind 20,000 vandalism
Two teenagers face charges under Austrian youth crime law for causing damage at a train station.Police in Pasching outside Linz, Upper Austria, announced today (Mon) that two 14-year-old boys admitted vandalising the local station. The pals threw stones at the building, causing an overall damage of 20,000 Euros.The teens were not put in custody. Police […]
Huber happy as turnover jumps
Götzis-based clothes producer Huber Holding AG (Huber) has managed to achieve a higher turnover and earnings last year than in 2009.The Vorarlberg company said today (Mon) its turnover rose by 3.8 per cent to 101.3 million Euros, while earnings before interest and taxes (Ebit) soared from 2.7 million Euros in 2009 to 4.7 million Euros […]
Vast damage after WWII bomb blast
The controlled detonation of a World War Two (WWII) bomb caused enormous damage in Graz last Friday evening.Explosives experts advised the police to evacuate the main train station of the city and the surrounding area within one kilometre in order to carry out a controlled explosion since it was impossible to safely remove it. The […]
Schlaff mulls over RHI exit, says report
Martin Schlaff plans to get rid of his stake in technology and fireproof products manufacturer RHI AG, according to reports.Business magazine Trend claims today (Mon) that the Austrian billionaire wants to sell his interest to Brazilian Magnesita Refractories SA (Magnesita), one of RHIs main rivals.Schlaff, who started investing in RHI four years ago, currently holds […]
Hungarian dies after ski crash
A skier from Hungary died of multiple internal injuries after plunging off a descent in a Carinthian winter sports resort.The 38-year-old Sopron resident landed in a safety net after falling off a cliff at the Mölltaler glacier near Spittal an der Drau on Friday. Mountain rescuers who reached the site of the incident in […]