FIMBAG boss Klaus Liebscher has admitted uncertainties regarding whether the state will ever again see any of its Volksbank AG (ÖVAG) participation capital. Liebscher told radio station Ö1 today (Thurs) it was impossible to make a definitive statement regarding the issue. He admitted that it was unlikely that the more than one billion Euros would […]
A German music television broadcaster has disclosed plans to introduce Austrian contents. Viva officials said yesterday (Weds) they wanted to add more music by Austrian artists to the programme soon. The plan is to set up Viva Austria, a specialised programme which screens Austrian chart shows on the same channel as Viva. Around 15 per […]
The Austrian government has informed the European Commission (EC) and Eurozone financial issues watchdogs about its budget path. Social Democrats (SPÖ) and People’s Party (ÖVP) filed a document to the political institutions’ headquarters in Brussels, Belgium, and Strasbourg, France, today (Weds). The paper features all detail information about how the coalition intends to erase the […]
Austria’s pensioners have called on the government to introduce laws which would up the pressure on “bullying” companies. Andreas Khol, who heads the country’s Association of Conservative Pensioners, said: “Firms which bully employees and force them to retire prior to the regular pension age should be obliged to come up for the costs the state […]
The terminals of Vienna International Airport (VIA or VIE) will be renovated or rebuilt, according to Flughafen Wien AG (FW). Bosses of FW – which manages Austria’s biggest airport – said yesterday (Tues) they wanted to refurbish or reconstruct VIA’s three terminals in the coming years. They also informed shareholders that the opening of a […]
Josephat Keiyo has won this year’s Linz Marathon. The 30-year-old long-distance running ace from Kenya finished the 11th edition of the event – which took place on Sunday – in two hours, 11 minutes and 18 seconds. Slovenia’s Denaja Grandovec won the women’s competition in two hours, 41 minutes and 26 seconds. More than 15,000 […]
The new owner of Volksbank International (VBI) has revealed plans to invest hundreds of millions of Euros. Sberbank – which transferred 505 million Euros for the finance institute to Volksbank AG (ÖVAG) in February – announced yesterday (Tues) it would spend 300 million Euros on the restructuring of VBI to support the planned expansion. Sberbank, […]
Josef Bucher, the head of the Alliance for the Future of Austria (BZÖ), has harshly attacked the Pirate Party (PPÖ). The newly established political movements celebrated its first significant success earlier this week when it entered the city hall of Innsbruck, the capital of the western province of Tyrol. The PPÖ, which has a dramatically […]
The works council of Austrian Airlines (AUA) has given the all-clear to planned wage cuts. Works committee leaders informed the airline’s 1,500 pilots, stewards and stewardesses yesterday evening (Tues) that they decided to say yes to the salary reform. AUA bosses planned to force the carrier’s pilots to work under contracts similar to those of […]
The electronics company Media Markt wants to create a new target group out of women. In Austria the company is now testing the integration of special shopping-zones for women. Since 40 per cent of their customers are women, they want to customize the shopping experience for them as well. With theme weeks and possibilities to […]