An Upper Austrian electricity provider has lowered its rates while the average Austrian household energy costs have jumped.Linz AG announced today (Mon) it lowered its consumer prices by 1.4 per cent as of 1 January. The company said this decision means its customers will save an overall one million Euros this year.The firm, which claims […]
Tag: AG
A-Tec flogs German affiliated firm
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Struggling A-Tec Industries AG (A-Tec) has sold another subsidiary company as it tries to get back on track.The company, which opted for controlled bankruptcy last October, announced today (Mon) that it decided to sell Dörries Scharmann Technologie GmbH (Dörries Scharmann) to internationally operating technology company StarragHeckert.Reports have it that the Swiss company is ready to […]
A foundation established by Hollywood legend Michael J. Fox has decided to support an Austrian firm in developing a vaccine against Parkinsons disease.Vienna-based Affiris AG announced today (Thurs) that it had received a donation of more than 355,000 Euros from the Michael J. Fox Foundation (MJFF) which was set up by the 49-year-old “Back to […]
Infineon Austria head Monika Kircher-Kohl has joined the supervisory board of Siemens Austria.The company, a subsidiary firm of German technology and health industry firm Siemens AG, said today (Mon) that Kircher-Kohl and Austrian Industries (IV) General Secretary Markus Beyrer will succeed Albert Hochleitner and Johann Haider.Infineon Austria, the Austrian branch of German semiconductor producer Infineon […]
Plaut opens Moscow office
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Austrian consulting group Plaut AG has opened an office in Moscow.The company, which has its headquarters in Vienna, said today (Mon) that the office in the Russian capital will be its fifth in Central and Eastern Europe (CEE).Plaut is quoted on the Frankfurt Stock Exchange (FWB). It achieved a turnover of 6.4 million Euros and […]
EVN completes capital increase
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Energy producer EVN AG has finalised its capital increase.The Lower Austrian company, which is listed on the Vienna Stock Exchange (WBAG), said today (Mon) it expected proceeds from the move to be around 180 million Euros.The Lower Austrian government is the main stakeholder in the Maria Enzersdorf-based firm with a 51 per cent interest.German energy […]
Rosenbauer bags Asian order
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Fire-fighting equipment producer Rosenbauer International AG has been contracted by an Asian company to deliver 21 fire trucks.The Upper Austrian firm, which is based in Leonding, said today (Thurs) it was assigned by the internationally-operating UMW Group to produce 21 fire engines worth an overall 17.4 million Euros for Malaysia Airport Holding Berhad (MAHB).Rosenbauers turnover […]
A postman has quit after more than 1,000 letters were found in his car.The 21-year-old told bosses he had “lost the overview” after the undelivered mail was discovered by police during a random traffic check in Linz, Upper Austria, yesterday (Weds).Officials said some of the letters the man had been hoarding in his vehicle had […]
Fire-fighting equipment producer Rosenbauer International AG had a good first half of the year as business figures presented today (Fri) show.The company headquartered in Leonding, Upper Austria, managed to increase turnover by 14 per cent to 274.5 million Euros year on year, while earnings before interest and taxes (Ebit) rose by 33 per cent to […]
The company running Vienna International Airport (VIA) may launch legal action against firms hired to build a controversial new terminal, it has emerged.Flughafen AG said today (Thurs) it was negotiating with its legal team over whether to call for compensation from companies hired to build Skylink, a terminal that was set to open in 2008. […]