A tradition-rich charity has invested hundreds of thousands of Euros into risky real estate shares.The Catholic diocese of Linz spent 400,000 Euros of donations in a long-term real estate stock market deal in 2005, magazine profil reveals in its new edition. The money was generated by the Churchs traditional Dreikönigsaktion Sternsinger carol singers initiative in […]
An elderly Upper Austrian man who shot at a house in New Year’s Eve claimed he “forgot” that the building was located in the direction he fired at.Police in Wels have been investigating after a bullet went through the window of a familys flat in Wels shortly before midnight on New Years Eve. The horrified […]
Oberbank presents bright 2010 figures
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Oberbank managed to improve its volume of credit and value of customer assets last year, according to preliminary figures.The institute said today (Tues) that its volume of credit improved by 5.7 per cent year on year to 10.4 billion Euros. The bank also said that it was in charge of 20 billion Euros of customer […]
Zagorec ‘sells Vienna villa’
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A former Croatian politician and army general serving a jail term for abuse of office has managed to sell one of his high-profile properties in Vienna, it has been reported.Austrian weekly magazine profil has reported today (Mon) that a real estate agent employed by ex-Croatian Deputy Defence Minister Vladimir Zagorec has sold a villa in […]
A-Tec flogs German affiliated firm
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Struggling A-Tec Industries AG (A-Tec) has sold another subsidiary company as it tries to get back on track.The company, which opted for controlled bankruptcy last October, announced today (Mon) that it decided to sell Dörries Scharmann Technologie GmbH (Dörries Scharmann) to internationally operating technology company StarragHeckert.Reports have it that the Swiss company is ready to […]
High car fuel tax rate exposed by study
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A leading motorists’ association has criticised the high car fuel taxation rate in Austria.Arbö announced today (Mon) that 57 per cent of the price for one litre of normal car fuel and 52 per cent of what drivers have to spend on a litre of diesel are pocketed by the finance ministry.The car club stressed […]
H1N1 death toll rises
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A five-year-old girl has become the third swine flu victim in Austria this winter.The mentally and physically disabled child passed away in Salzburgs Provincial Hospital yesterday (Sun) after having suffered from pneumonia for some time, local authorities confirmed today. The girl was hospitalised after her condition worsened last Wednesday.A 32-year-old male German holidaymaker died of […]
An Upper Austrian electricity provider has lowered its rates while the average Austrian household energy costs have jumped.Linz AG announced today (Mon) it lowered its consumer prices by 1.4 per cent as of 1 January. The company said this decision means its customers will save an overall one million Euros this year.The firm, which claims […]
Canny undertakers in Vienna are planning to use the heat loss of cremations to heat their new headquarters.The city government-owned Bestattung Wien undertaker company said today (Fri) that its new main office at the Viennese Central Cemetery (Zentralfriedhof) in Simmering district will be heated with waste heat produced from cremations carried out at the adjacent […]
A special Austrian police unit will assist their Polish counterparts in getting ready for a major sports event.Austrian Peoples Party (ÖVP) Interior Minister Maria Fekter announced today (Fri) that a team of Cobra unit officers will meet with special police forces in Poland later this year to discuss security measures for next years European Football […]