Volksbank AG (ÖVAG) boss Gerald Wenzel has said his bank has achieved a turnaround after some difficult years.ÖVAG suffered losses of 1.123 billion Euros after taxes last year. Wenzel announced today (Mon) the institute achieved a net turnover of 56.6 million Euros in the first nine months of this year.Wenzel said he expected ÖVAG to […]
A panda born in at Viennas Schönbrunn Zoo this summer has been named in an online vote.The animal, which tipped the scales at 4.5 kilograms earlier this month, is now called Fu Hu after 50.1 per cent of people participating in a poll picked the name which means “happy tiger”.Around 40.8 per cent wanted the […]
The number of public transport fare dodgers caught this year has risen sharply in Vienna, new figures show.The citys public transport operator Wiener Linien announced today (Mon) around 165,000 people were fined for using trams, buses and underground trains without valid tickets during the first 10 months of this year. Around 270 staff carried out […]
The acclaimed “Körperwelten der Tiere” (Animals Body Worlds) exhibit by anatomist Gunther von Hagens has opened in Vienna.The exhibition, which will be on at the Naturhistorisches Museum Wien (NHM, Museum of Natural History of Vienna) until 7 March of next year, gives a fantastic insight into the inner structures of animals bodies. It features 20 […]
Time seems to be running out for struggling industrial firm A-Tec Industries AG as potential investors keep abandoning negotiations.Austrian businessman Ronald Pecik confirmed today (Fri) he saw “no sense” in acquiring A-Tecs subsidiary Austrian Energy & Environment (AE&E) because of its high debts and liabilities.This announcement comes after Hong Kong-based merchant banking company Mass Financial […]
Public transport officials in Austria are looking across the border as Germany has become entangled in a heated debate over the possible introduction of a “drink and ride” limit for passengers.Criminologist Christian Pfeiffer told the Berliner Kurier newspaper today (Fri) the implementation of a legal limit for passengers may slash damage costs and the number […]
A busy motorway was closed down for several hours this morning (Fri) after a lorry transporting a dangerous substance came off the road.The 54-year-old driver of the Hungarian truck carrying sulphuric acid was uninjured when the vehicle overturned and landed on the embankment at around 5.30am on the A4 eastern motorway. The man may fallen […]
Plans to turn Mariahilfer Straße, one of Viennas most popular shopping streets, into a pedestrian area would be well received, a poll has shown.More than six in 10 (60.3 per cent) readers of the Austrian broadcaster ORFs news website back such an idea, whereas around 35 per cent oppose it. Votes are still coming in […]
The Austrian economy will develop better than the Eurozone average, the Organisation for Economic Co-operation and Development (OECD) has predicted.The international organisation said today (Fri) that the Austrian gross domestic product (GDP) will grow by two per cent annually between this year and 2012.The OECD added it expected the Eurozones economy to grow by just […]
Fire truck and fire-fighting equipment maker Rosenbauer International AG has said it expected to achieve a turnover higher than 600 million Euros this year.The Leonding-based company, which serves customers across the globe, announced today (Fri) its turnover increased by 12.5 per cent year on year to 421 million Euros in the first nine months of […]