Bulls closer to cup glory

Categories
Sports

Red Bull Salzburg (RBS) have reached the ÖFB Cup final. The Bundesliga leaders beat second-league side Hartberg 1-0 yesterday (Tues). SV Ried, who won the ÖFB Cup last season, face FK Austria Vienna tonight (kickoff: 8.30pm). The final is scheduled for 20 May. Austrian Football Federation (ÖFB) officials have not yet decided where the match […]

Bonuses must mean tax cuts, says ÖVP boss

Categories
Politics

The People’s Party (ÖVP) has suggested to lower the tax pressure on companies which share their profits with employees. ÖVP chairman Michael Spindelegger said yesterday (Tues) firms which decided to pay bonuses to staff in economically successful times should benefit by such a tax reform. The foreign minister added that his party would present detail […]

Dutchman chaces inheritance in Austria

Categories
General News

An adopted Dutchman who flew to Austria to track down his real parents has launched a multi-million pound inheritance claim after discovering his real father was a wealthy local businessmen. Under Austrian law, children are guaranteed a share of their parents wealth and it isn’t possible to disinherit them. Ronald Nijman, 42, had been born […]

Organic meat with sheep shares

Categories
General News

Sheep shares are being offered in Austria in a bid to keep meadowland under control. The unique project has been set up in the Weinberge in southern Burgenland where the forests are threatening to encroach on the open landscape that previously existed. Now a project to keep the natural meadows the part of the local […]

UNIQA prepares capital increase

Categories
Business

UNIQA Versicherungen AG (UNIQA) boss Andreas Brandstetter announced plans for a capital increase. Brandstetter said the move would be carried out later this year instead of only in 2013. He explained that another capital increase would be within the bounds of possibility for next year. He said the revenues from the measure would be used […]

Family who lost everything helped

Categories
General News

Austrian firemen in Melk in Lower Austria have been praised after stepping in to help a Chechen family of four who lost everything when their car burst into flames. The couple and their two children could only look on in tears as their car caught fire as they travelled along the Westautobahn near Melk. Fire […]

Danube barracks on sale for 9 million

Categories
General News

An Army camp built to house German troops after they marched into Austria and then housed Communist troops has been put up for sale with a pricetag of at least €9 million. The Tegetthoff barracks in the Döbling area of Vienna were first used by the German Wehrmacht after the entry into Austria in 1938. […]

Cooperating clinics ‘can save €2bn’

Categories
Business

A study has made aware of immense savings potential in the health sector. The investigation – carried out by the Institute for Advanced Studies (IHS) – shows that Austria’s clinics could cut their costs by two billion Euros in the coming five years by cooperating more closely. IHS experts said hospitals should specialise on certain […]

Finance minister determined about sanctions

Categories
Politics

Federal and provincial financial issues decision-makers have postponed their negotiations about the budget of the coming years. People’s Party (ÖVP) Finance Minister Maria Fekter said talks with the provincial governments’ finance councillors would continue next week. Fekter angered the politically muscular provincial parliaments by revealing plans to sanction provinces which breached the stricter new budget […]

Pfeiffer Group invests in Zielpunkt

Categories
Business

An Upper Austrian food industry company has purchased a Zielpunkt stake of nearly 25 per cent. The Traun-based Pfeiffer Group announced yesterday (Thurs) it acquired a 24.9 per cent interest in its Viennese rival. The company, which concentrates on the management of supermarkets in Upper Austria, did not say how much it paid for the […]