Austria as an economic location is seriously under threat according to domestic business leaders. The warning comes after several banks indicated that they were considering moving their headquarters abroad because of the taxes they were having to pay in Austria, and only last week steel industry voestalpine boss Wolfgang Eder also said that the tax […]
Tag: boss
It is thought talks are currently taking place between “dayli” owner Rudolf Haberleitner and a polish cosmetic manufacturer on possible investment to save the future of the Schlecker-successor. Rudolf Haberleitner said the time was ticking and that he would have to start administration proceedings if an investor did not show up this week. There will […]
BZÖ chief denies Stronach alliance
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Alliance for the Future of Austria (BZÖ) boss Josef Bucher has dismissed claims that he plans a political partnership with Frank Stronach. Newspapers have speculated that the wealthy businessman – who founded car parts manufacturer Magna International in the 1950s – could subsidise the BZÖ after he spoke about plans to invest “several million Euros […]
MP Bucher Has A Recipe For Success
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Alliance for the Future of Austria (BZÖ) leader Josef Bucher demonstrated his cooking skills at the weekend. The MP who is also a hotel owner told guests at the “Habsaburger von Eduard Mainoni” wine bar that if a politician could manage it – then it can’t be difficult.” The party’s regional coordinator Markus Fauland was […]
WU wants higher budget
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The head of one of Austria’s biggest universities has said the current situation at his institution was “dramatic”. Vienna University of Economics and Business (WU) boss Christoph Badelt explained yesterday (Mon) that the things were becoming increasingly difficult due to a soaring number of students who qualified to sit their final exams. He said the […]
Austria exit Euro2012 race
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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 […]
Benz tipped for AUA top job
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Karsten Benz may become new boss of Austrian Airlines (AUA). Business newspapers claim today (Tues) that the Lufthansa manager could join the carrier’s two-member executive board. Peter Malanik and Andreas Bierwirth have managed AUA since Lufthansa acquired a majority share two years ago. The German company plans to assign an aviation industry manager to head […]
Former Telekom Austria (TA) boss Boris Nemsic has been hired by a global investment and consulting firm, according to reports. Business newspapers claim today (Fri) that the Sarajevo-born businessman will head the emerging markets operations of Delta Partners, a firm based in Dubai in the United Arab Emirates (UAE). Nemsic headed TA for four years […]
Austria makes rich list’s top 5
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Austria has one of the densest millionaire populations in the world, a survey has revealed.Boston Consulting Groups (BCG) Global Wealth Report 2011 shows that, with 5.2 million households, most US dollar millionaires live in the United States of America. Millionaire households represented only 0.9 per cent of all households in the world. These families owned […]
Farm servant jailed for fraud
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A farm labourer has been sentenced to three years in jail for defrauding several businesspeople.A jury court in Graz, Styria, heard yesterday (Thurs) how the 40-year-old man tricked a car dealer, a horse farm manager and a hotel boss out of 80,000 Euros overall.The defendant from Tyrol, who was previously convicted for various felonies, pleaded […]