EVN boss quits

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Business

One of Austria’s leading energy providers is to get a new chairman as Burkhard Hofer announced he has decided to step down as head of EVN’s executive board.The Lower Austrian company announced today (Weds) that the 66-year-old asked the supervisory board to release him from his position next month. EVN explained that its supervisory panel […]

Habau bags Minsk Tower order

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Business

An Upper Austrian company has been assigned to build what will be the biggest building in Minsk, it emerged today (Weds).Habau Hoch- und Tiefbaugesellschaft m.b.H. (Habau) confirmed reports claiming it had been contracted to construct the 170-metre Minsk Tower.The company, which is based in the town of Perg, explained it planned to have started the […]

RATB builds tram bodies as firms end feud over blaze

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Business

A Romanian company has been assigned to produce tram bodies for Vienna’s public transport network.Romanian Times reports today (Tues) that Siemens Austria, the Austrian subsidiary of German technology giant Siemens AG, ordered the Bucharest Transport Society (RATB) to manufacture 60 structures for trams set to go into operation in the Austrian capital during the coming […]

OMV boss to exit Roche supervisory board

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Business

Austrian businessman Wolfgang Ruttenstorfer has decided not to reapply for a place on the supervisory board of Swiss healthcare company F. Hoffmann-La Roche Ltd. (Roche).Ruttenstorfer, who has headed Vienna-based oil and gas group OMV for eight years, entered Roche’s supervisory board in 2007. The Swiss health industry giant will decide on who will follow the […]

Lufthansa boss says VIA is expensive and inefficient

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General News

Outgoing Lufthansa chief Wolfgang Mayrhuber has launched a scathing attack at Vienna International Airport (VIA) – and stressed that Austrian Airlines (AUA) must stop making losses.The businessman, who will be succeeded by Christoph Franz as head of the leading airline next month after seven years in charge, said yesterday (Thurs) VIA had the “highest possible […]

OMV 2010 earnings beyond €2bn, says CEO

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Business

OMV will earn more than two billion Euros this year, according to firm chief Wolfgang Ruttenstorfer.Asked whether the oil and gas company’s earnings before interest and taxes (Ebit) will take the two-billion-Euro hurdle this year, Ruttenstorfer said today (Thurs) that there was “no doubt” about it. The internationally operating firm’s Ebit in the first three […]

AUA works council infuriated by board enlargement

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Business

Austrian Airlines (AUA) staff representatives have criticised the decision to increase the number of co-chiefs of the airline.The company’s supervisory board announced yesterday (Weds) that Thierry Antinori will take over as new head next April. The Frenchman will take over the marketing agendas from Andreas Bierwirth who currently cooperates with fellow board member Peter Malanik […]

Heads will roll as SPÖ and ÖVP lick their wounds

Categories
Politics

Several decision-makers of the Social Democratic Party (SPÖ) and the People’s Party (ÖVP) are facing the chop after the federal coalition partners were badly beaten in last Sunday’s Vienna election.The SPÖ lost its absolute majority in the 100-member city parliament, dropping from 49.1 per cent to 44.6 per cent. The party is now forced to […]

Wolford snares ex-Hugo Boss CEO

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Business

Former Hugo Boss chairman Werner Baldessarini has joined the supervisory board of an Austrian textiles firm, it emerged today (Thurs).Bregenz-based textiles and tights manufacturer Wolford said the Tyrolean has been assigned to help in positioning the company and its products.Baldessarini headed the executive board of German fashion giant Hugo Boss until 2002 before spending three […]

Mayrhuber’s future unclear as Franz set to take over

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Business

Christoph Franz has been appointed new Lufthansa boss.The aviation firm announced yesterday (Tues) that the 50-year-old German businessman will succeed Wolfgang Mayrhuber as of the beginning of next year.Mayrhuber, who was born in the Upper Austrian town of Waizenkirchen, started working for Lufthansa in 1970. He has headed the firm that has its headquarters in […]