Up to four out of 10 young Austrians have smoked marijuana at least once, it has been announced.The Federal Institute for Health said today (Fri) that 26 per cent of Austrians aged between 20 and 24 said they have tried cannabis, LSD, heroin or other drugs at least once. The body also said just four […]
Nissan recalls more than 3,000 cars
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More than 3,000 Nissan drivers have been affected by a massive recall by the Japanese car maker, it has emerged.The company said today (Thurs) it contacted 3,283 owners in Austria as part of its call-back of around 2.1 million models worldwide. Fears that an electronic device could cause a sudden outage of the vehicles engines […]
Police had to wait more than 24 hours to question a boozed-up thief.The 31-year-old man was caught by police half an hour after he stole a bottle of vodka from a shop in Viennas western railway station (Westbahnhof) yesterday morning (Weds).The Vienna resident was, however, too drunk to face an enquiry on the same day, […]
Telekom Austria (TA) boss Hannes Ametsreiter has called for more investments in the education sector.The businessman said today (Thurs) Austria must “urgently” think about how to improve the education system.”We must spend more on education if Austrian firms want to be able to compete internationally. Austria has always had a high creative potential. We must […]
Quanmax equity and earnings jump
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Notebook producer Quanmax has managed to raise its equity in the first three quarters of this year.The Upper Austrian company, which was formerly named Gericom, announced today (Thurs) that its equity soared from 18.1 million Euros in December 2009 to 32.7 million Euros. This amount means the firm currently has an equity ratio of 52 […]
Verbund earnings tumble
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Verbund AG, Austrias leading electricity provider, suffered a significant decline in earnings in the first nine months of this year.The company, which was founded in 1947, announced today (Thurs) that earnings before interest and taxes (Ebit) dropped by 22.1 per cent year on year to 625.6 million Euros in the first three quarters of 2010. […]
A pensioner has been arrested after being caught driving without a licence for the fourth time in as many months.The 64-year-old resident of Salzburg sped off when police asked him to pull over in a routine traffic check near the town of Hof yesterday (Weds). The man was caught after a wild street chase minutes […]
Lufthansa has said it expects its subsidiary Austrian Airlines (AUA) to be in the black in 2011.The German aviation giant acquired a major interest in the Vienna-based company last year. AUA has carried out a strict cost-cutting programme during the past few months. It said the plan was to reduce its overall staff number of […]
Ryanair to axe Frankfurt – Vienna link
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Ryanair announced today (Weds) it will stop operating flights between Frankfurt and Klagenfurt from next March.The Irish no frills airline explained its decision to axe the route connecting the German city and the Carinthian capital as a reaction to the German governments decision to levy a tax of eight Euros on tickets for flights from […]
Works council chiefs are on high alert after new UniCredit boss Federico Ghizzoni revealed plans to save costs.The businessman, who succeeded Alessandro Profumo as chief of Italys biggest bank last month, said in an interview with Rome newspaper La Repubblica yesterday (Tues) that he wanted to “lower costs”.He also stressed: “UniCredit is a healthy bank. […]