Signa Holding added another high-profile property to its portfolio this week as the real estate firm bought the IZD Tower in Vienna-Donaustadt.Signa boss Benko said yesterday (Weds) his company paid British fund Matrix 212.25 million Euros for the skyscraper located near Vienna International Centre. Matrix paid 247 million Euros when it acquired the building four […]
Austrian opposition politicians have criticised the government for deciding to financially support “money sink” Greece.Alliance for the Future of Austria (BZÖ) boss Josef Bucher said in parliament yesterday (Weds): “European leaders have failed. They have now agreed to assist money sink Greece while not mentioning anything about a tax on risky financial speculations.”Bucher claimed the […]
Austria Vienna are back in the title race after beating city rivals Rapid Vienna in last nights (Weds) 293rd edition of the Vienna derby.Czech striker Tomas Jun scored the only goal of the match in the ninth minute after a brilliant pass by former LASK Linz midfielder Florian Klein.Rapids Christopher Drazan and Nikica Jelavic hit […]
Upper Austrian dairy Gmundner Molkerei has said it will close a plant in Freistadt after acquiring it less than four years ago.Gmundner Molkerei head Michael Waidacher announced yesterday (Weds) the 400 deliverers and 15 staff working at the site in Freistadt have already been informed. He added all of them have been offered to work […]
A Vienna man is recovering after he was impaled by a garden fence yesterday (Weds).The 45-year-old fell onto one of the fences metal poles after he lost balance while cutting back a bush in his garden in Döbling district. The metal pike ripped through his upper body narrowly missing his ribs and emerged from out […]
The European Commission (EC) said Austrias economy is to grow stronger than it had expected half a year ago.EC officials forecasted a 1.3 per cent year on year rise today (Weds) after giving a 1.1 per cent growth prediction last December.The new prediction matches the forecasts of Austrias two leading think tanks.The Institute for Higher […]
Vorarlberg police said a beekeeper rival might be behind a beehive theft which occurred over the weekend.Officials in Doren said yesterday (Tues) it was unlikely that the thief who made off with eight hives – home to 250,000 bees – did not know about beekeeping.An estimated 1,800 Euros worth of damage was caused by the […]
A Russian bronze caster has exposed Arnold Schwarzeneggers soft spot for sculptures of Soviet and Russian leaders.St. Petersburg-based artist Aleksandr Chernoshchekov said he got the chance to work for the Californian governor.”Schwarzenegger is very popular in Russia. Many kids dont know the US Presidents name, but they for sure know Schwarzenegger. I felt the same, […]
Former Red Bull Racing pilot is to return to the Formula One as a test driver.Hispania Racing (HRT) officials said today (Weds) the 27-year-old from Hohenems in Vorarlberg province will be in the cockpit already in this Fridays first open training session for Sundays Spanish Grand Prix in Barcelona.”Im fully aware that being the third […]
Austrians spent more on Fairtrade products year on year in 2009 and bosses expect another two-digit rise this year.Fairtrade Austria chief Hartwig Kirner said today (Weds) Austrian supermarkets made 72 million Euros with products of the international certifications range last year, 10.8 per cent more than in 2008.”We expect another double-digit increase in turnover this […]