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German President to visit Austria this week New German President Christian Wulff will come to Vienna this Wednesday, the office of Austrian President Heinz Fischer has announced.
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Austrian ski area Warth-Schröcken is the snowiest in Europe. With a seasonal average snowfall of 10.6m, Warth-Schröcken has been named the snowiest ski area in Europe by new UK website www.weathertoski.co.uk.
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Lake Lüner to get a facelift One of Austria's most beautiful lakes is set to lose most of its water – at least temporarily so that repair and renovation work can take place on the wall of a dam.
Obituary: The Vienna-born heroine who gave equal rights to Japanese women A Viennese-born woman who single handedly rewrote the constitution of Japan to give women equal rights has died aged 89, the New York Times reports.
Child allowance extension rarely taken up admits minister Experts have criticised the offer of extending the Kinderbetreuungsgeld - the payment made to new parents – for two months in cases of hardship because the process is too complicated.
CCTV images of suspected serial rapist Austrian police have issued these CCTV images of a man they suspect might be responsible for a series of rapes on the Vienna U6 underground line.
Salzburg deputy resigns after 3bn rogue trader loss Salzburg's deputy governor and the man in charge of the province's finances has announced he plans to resign next month after an alleged rogue trader gambled away billions on risky financial market ventures.

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09. 08. 12. - 14:29

Crane firm Palfinger lifts off in 2012

Austrian cranemaker Palfinger AG kept its outlook for revenue growth in 2012 as brisk business in the Americas and CIS countries offsets weakness in Europe.

It is also set to get a boost as two joint ventures in China with Sany Heavy Industry are expected to start operations before the end of the third quarter, it added.

"Despite the uncertain development of the economy and of demand, particularly in Europe, the management expects a moderate increase in revenue, coming from the areas outside Europe, for the 2012 financial year," it said on Thursday.

"In addition, it is estimated that the areas outside Europe will make even more substantial contributions to earnings."

It generated second-quarter earnings before interest and tax of 19.5 million euros ($24.1 million), in line with market estimates, on sales of 241 million.

First-half sales rose 12.3 percent to 465.1 million.

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