OMV boss to exit Roche supervisory board

Categories
Business

Austrian businessman Wolfgang Ruttenstorfer has decided not to reapply for a place on the supervisory board of Swiss healthcare company F. Hoffmann-La Roche Ltd. (Roche).Ruttenstorfer, who has headed Vienna-based oil and gas group OMV for eight years, entered Roche’s supervisory board in 2007. The Swiss health industry giant will decide on who will follow the […]

Massive damage as Advent wreath catches fire

Categories
General News

Around 20,000 Euros of damages were caused at a bank branch in Gödersdorf, Carinthia, when an Advent wreath caught fire at the weekend.Staff forgot to turn off the plastic wreath’s electric candles when going home on Friday evening. A patrolling policeman noticed the smoke coming out of the building the next day. He called the […]

Madoff’s ‘criminal soul mate’ claims to be victim

Categories
Finance

An Austrian businesswoman accused of being Bernard Madoff’s “criminal soul mate” has claimed she was a victim of the banker’s illicit operations herself.Madoff was sentenced to a maximum 150 years in jail by a court in New York City in the United States for what is widely considered to be the largest so-called Ponzi scheme […]

Austria not among global top 10 regarding democracy

Categories
Politics

Austria has failed to make the top 10 in a think tank’s latest global democracy ranking.The Vienna-based Democracy Ranking Association announced today (Mon) Norway, which came second in 2009, toppled last year’s leader Sweden to grab first place in its 2010 Democracy Ranking.Finland takes third place ahead of Switzerland and Denmark. New Zealand makes sixth […]

Sanader arrest overshadows Faymann – Kosor meeting

Categories
Politics

Austrian Social Democratic (SPÖ) Chancellor Werner Faymann has met with Croatian Democratic Union (HDZ) Prime Minister Jadranka Kosor just three days after her predecessor was arrested in Austria.A spokesman for Kosor claimed that today’s (Mon) meeting was agreed upon “a long time ago”, and dismissed it had anything to do with the arrest of ex-HDZ […]

Police warn of bathing salts drug craze

Categories
General News

More and more teenagers are consuming bathing salts to get high, police officials have warned.Hermann Feldbacher, a drug expert at the Upper Austrian police department, said today (Fri): “There is a trend for an increasing number of very young addicts to buy bathing salts, incense sticks and other cheap products.”Speaking to Viennese newspaper Heute, Feldbacher […]

Graz grows as Vienna comes third

Categories
General News

The population of Graz has soared by more than 13 per cent during the past nine years, outdoing all of Austria’s other provincial capitals.Statistik Austria and the Federation of Austrian Cities (Städtebund) announced yesterday (Thurs) 257,000 people were currently living in the provincial capital of Styria, up by 13.7 per cent compared to 2001.The authorities […]

Dornhelm picks rookie for Knox flick role

Categories
Culture

Robert Dornhelm has hired a yet unknown actress to star as murder victim Meredith Kercher in an upcoming TV drama based on the life of convicted killer Amanda Knox, according to British media.Newspapers report that 26-year-old Cambridge University graduate Amanda Fernando Stevens has been assigned by the Austrian director to star as the Irish exchange […]

Rampant corruption in Austria

Categories
Business

Around 10 per cent of Austrians bribed authorities last year and almost one in two believe corruption in the country is on the rise, according to a study.Transparency International (TI) announced yesterday (Thurs) every eleventh Austrian admitted having acted corruptly in bribing officials of various sectors of public life in 2009. The internationally operating non-government […]

SPD ‘assigns Ederer’

Categories
Business

Siemens manager Brigitte Ederer has been asked to advise the German Social Democrats (SPD) on economic-political issues, it has been claimed.Austrian magazine Format reports today (Fri) that the former Siemens Austria boss agreed to join the SPD’s new economic politics council consisting of around 50 members.German media regard the foundation of the group as an […]