Hay Group highlights modern threat to family firms

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Business

When the world’s most famous Austrian abroad made his last film he could not resist a plug for his favourite snack. As a result in Terminator 3 the cyborg played by Austrian-born Schwarzenegger grabs a bunch of Manner wafers when shopping for food at the gas station in the desert – and the merciless killing […]

Collision puts German skier in hospital

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General News

A 47-year-old Austrian and a 46-year-old German sustained injuries when they collided on a slope in Carinthia yesterday (Sun).The men crashed into each other on a piste in the ski resort of Nassfeld in the district of Hermagor around midday. Officials did not give any information on the kind of injuries they sustained. The German […]

Government introduces quota for females

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Politics

The federal coalition has been attacked from all sides of the political spectrum after agreeing on a quota for females in businesses close to the state.Social Democratic (SPÖ) Women’s Minister Gabriele Heinisch-Hosek and People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner announced yesterday (Tues) that the decision will affect 55 companies in which the Republic of […]

More charity organisations to benefit from tax law

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Politics

The Austrian government has decided to expand a programme making donations to charity organisations tax-deductible.The federal coalition – formed by the Social Democrats (SPÖ) and the People’s Party (ÖVP) – announced today (Mon) the model will also consider money given to organisations which run animal shelters, voluntary fire brigades and natural protection groups.The decree, which […]

Alcohol tax increase bid flops

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Politics

Alcoholic drinks sold in pubs and restaurants in Linz will not become more expensive due to higher taxes after such plans by the Social Democrats (SPÖ) were snubbed by political rivals.The SPÖ department in the Upper Austrian city said today (Fri) the factions of People’s Party (ÖVP), the Freedom Party (FPÖ), the Alliance for the […]

Weber and Nowotny at opera

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Finance

Outgoing Deutsche Bundesbank (German Federal Bank) boss Axel Weber has enjoyed a night at the opera as rumours about what he might be getting up to next are flying.The banker surprisingly announced his resignation as head of the Deutsche Bundesbank as of 1 May. Weber was previously thought to be in with a good chance […]

Cycling helmet law for kids planned

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Politics

Austrian decision-makers have revealed plans to introduce a cycling helmet law for children.Social Democratic (SPÖ) Traffic Minister Doris Bures said in a TV interview yesterday (Sun) that she was in favour of a decree forcing everyone under the age of 10 to wear helmets while cycling.Bures explained that the law was part of a traffic […]

Cannabis plants found in cellar

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General News

A 37-year-old resident of Weidling near Klosterneuburg faces criminal charges after police found dozens of marijuana plants in his cellar today (Fri).The man, who was not put in custody, is suspected of selling the drugs harvested from the 60 stocks. Police said they searched his house after having received an anonymous tip-off.Consuming, growing and selling […]

Crisis clouds force Xolar into bankruptcy

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Business

An Upper Austrian producer of solar collectors has gone bust, it emerged today (Mon).The Austrian Creditors’ Protection Association (KSV 1870) said Eberstalzell-based Xolar had debts of nearly four million Euros. KSV 1870 added that 74 employees and 100 creditors were affected.Xolar was taken over by Upper Austrian Greiner Group (Greiner Technology & Innovation, GTI) last […]

Brit hit and run skier puts MEP in clinic

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General News

A leading conservative politician has suffered serious injuries in a hit and run skiing crash.Othmar Karas, a member of the European Parliament (MEP) for the Austrian People’s Party (ÖVP), suffered several fractures and cuts in the collision with a man from the United Kingdom on Tuesday, it emerged today (Fri).Reports have it that Karas handed […]