Austria will not compete in next year’s European Football Championship in Poland and Ukraine after failing to beat Turkey last night (Tues). The team of Dietmar Constantini only reached a goalless draw against the squad managed by former Chelsea boss Guus Hiddink at the sold-out Ernst Happel Stadium. Around one third of the 47,000 fans […]
A Tyrolean town has rejected a group of Turkish businesspeople’s appeal to run a school. A commission formed by Rum Town Hall officials announced yesterday (Tues) it unanimously agreed to veto the endeavour. Turkish investors and retail trade entrepreneurs asked decision-makers whether they could create and manage a private school. The group aimed at setting […]
Federal President Heinz Fischer has been criticised for backing calls for higher taxes on assets. The former Social Democratic (SPÖ) member of the federal parliament (MP) said yesterday (Sun) he worried about the social peace and balance in the country. Fischer said he would like to put the opinion that Austria’s rich must not be […]
One of the country’s most influential politicians of the past 20 years has stepped down. Wolfgang Schüssel announced today (Mon) he decided to retire as member of the federal parliament (MP). The move comes after increasing pressure on the former chancellor in connection with alleged fraud and stock market value manipulation carried out by former […]
Barbara Prammer has said exposed occurrences within Telekom Austria (TA) are “almost unbearable.” The Social Democrat (SPÖ) is, as first president of the federal parliament, the highest political representative of Austria after President Heinz Fischer. Prammer appealed on prosecutors to present the results of their investigations as soon as possible. The Social Democrat also said […]
Peek & Cloppenburg (P&C) will narrow the gap to market leader Hennes & Mauritz (H&M) when it opens a new store in the heart of Vienna, a market analysis company has explained. RegioPlan said today (Tues) P&C’s share in the domestic fashion sector will improve thanks to the German company’s new 11,800-square-metre store in the […]
The new heads of Viennese public transport provider Wiener Linien have remained tight-lipped about a possible reform of prices. Newspapers have been speculating for months that some tickets will become dearer in a few months’ time to allow the city government coalition of Social Democrats (SPÖ) and Greens to implement cheaper annual passes which currently […]
The Austrian tourism industry is heading for a new record after fears were raised it could suffer significantly due to last month’s chilly weather. Many experts warned that a decline in overnight stays may be a result of the many rainy days and unusually cold temperatures vast parts of the country experienced for the most […]
Austria’s biggest aerodrome is prospering despite a loss-making investment in Germany. Flughafen Wien AG (FW), which manages Vienna International Airport (VIA or VIE) announced yesterday (Thurs) it managed to increase its net profit by 13.7 per cent to 43.3 million Euros from the first half of last year to the same time span of 2011. […]
Lower Austrian energy sector giant EVN AG has suffered a slight decline in turnover despite selling more electricity and gas to customers in the past winter. The firm announced today (Thurs) its turnover slid by 0.9 per cent to 2.16 billion Euros from the first three quarters of the 2009/2010 business year to the next […]