Rewe Austria has managed to increase its market share, according to a report issued by the company. Rewe Austria boss Frank Hensel said yesterday (Thurs) that his firm – which manages leading supermarket Billa, discounter Penny and other chains – had a domestic market share of 35 per cent last year. “We managed to keep […]
Black Wings Linz need one more victory to win this season’s EBEL Ice Hockey League title. The team of Rob Daum beat KAC 4-1 last night (Thurs). The next match of the best of seven final series – which is scheduled for Sunday (1 April) – could already be the last since yesterday’s winning side […]
The head of energy sector watchdog E-Control has disclosed his plans for fairer gas prices. Walter Boltz told the Kurier today (Thurs) that a change of the current gas market law was planned for the beginning of next year. He said this step would allow Austrian firms to acquire transit gas. Boltz said it was […]
The opposition has turned its guns on the government over the latest savings package. The Social Democrats (SPÖ) and the conservative People’s Party (ÖVP) hope to save around 28 billion Euros in the coming years thanks to the budget consolidation pact. The package was passed in parliament yesterday (Weds). The opposition did not approve the […]
Vienna’s cycling network is set to become bigger. Greens Vice Mayor Maria Vassilakou said yesterday (Weds) the city’s government coalition of Social Democrats (SPÖ) and her party agreed about expanding several already existing cycling paths. She said the 24 individual projects would be carried out throughout this year and extend cycling strips by 20 kilometres […]
FK Austria Vienna bosses decided to extend the contract of Heinz Lindner. Yesterday’s (Weds) agreement means that the 21-year-old keeper is set to stay with the Austrian Football Bundesliga club until 2015. The team of Ivica Vastic will clash with leaders Red Bull Salzburg (RBS) on Sunday. The Austrian Bundesliga table after 27 of 36 […]
Wiener Linien has explained how it plans to compensate the partial shutdown of one of the city’s busiest underground lines. The company – which is in charge of public transport in Vienna – said there was no alternative to closing down the U1 line service between the stations of Reumannplatz in Vienna-Favoriten district and Stephansplatz […]
Bank Austria (BA) chief Willibald Cernko has admitted being “proud” of how his finance institute performed in the past years. The banker pointed out that BA was the only leading Austrian bank which did not sustain annual losses since the collapse of Lehman Brothers in 2008. The bankruptcy of the US investment bank kicked off […]
The government wants to keep campaigning for a tax on financial transactions despite the German government’s policy shift. German Christian Democratic Union (CDU) Finance Minister Wolfgang Schäuble said earlier this week the attempts to implement such a levy in the European Union (EU) should be abandoned. Schäuble said there was a lack of support in […]
One of Austria’s most renowned spoken word artists has presented his latest programme while a Dutch bluesman tours the country. “Un Ruhe Stand”, which plays with the German term for retirement (Ruhestand), is the 24th stage programme of Lukas Resetarits. In it, the celebrated entertainer and actor tries to find out whether the complaints of […]