AUA works committee accepts cutbacks

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Business

The works council of Austrian Airlines (AUA) has given the all-clear to planned wage cuts. Works committee leaders informed the airline’s 1,500 pilots, stewards and stewardesses yesterday evening (Tues) that they decided to say yes to the salary reform. AUA bosses planned to force the carrier’s pilots to work under contracts similar to those of […]

Long-term contract for Lindner

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Sports

FK Austria Vienna bosses decided to extend the contract of Heinz Lindner. Yesterday’s (Weds) agreement means that the 21-year-old keeper is set to stay with the Austrian Football Bundesliga club until 2015. The team of Ivica Vastic will clash with leaders Red Bull Salzburg (RBS) on Sunday. The Austrian Bundesliga table after 27 of 36 […]

Heatwave hits Austria

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General News

The current week is expected to be the hottest of this year, meteorologists said today (Tues). Experts explained this week’s top daytime temperatures of between 30 and 38 degrees centigrade were likely to make it the hottest week of the whole year. They did not rule out that previous temperature records for August could be […]

Paper industry incomes to rise

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Business

People employed by domestic paper industry companies will earn more from next month.Works council representatives announced today (Fri) company bosses of the sector agreed to pay 3.1 per cent more to staff from 1 May. Negotiators said the leadership of the firms also agreed to raise trainees’ salaries by the same rate. The settlement will […]

Raidl raises profit distribution issue

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Business

Austrian National Bank (OeNB) President Claus Raidl has called on company bosses in Austria to increase the income of staff.The former Böhler-Uddeholm AG (BUAG) chief said today (Thurs) it was “not acceptable” that real wages were not rising this year despite the strongest economic growth since the crisis of 2008. Raidl suggested enterprises should pay […]

Bogus inspector fools landlords

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General News

A fake gastronomy industry official has tricked several publicans into handing over fines, it has emerged.The elderly man – who claims to be an inspector assigned by the Burgenland branch of the Federal Economy Chamber (WKO) – succeeded by ordering bar owners and restaurant bosses in the district of Güssing to pay 150 Euros each […]

Opera Ball traffic warning issued

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General News

An important Vienna city centre traffic route will be closed down for three hours tomorrow (Thurs), it has been announced.Motorist association ÖAMTC appealed to drivers today to avoid the area of the State Opera, as the Ringstraße boulevard will be shut down for individual traffic between Schwarzenberg Square and Operngasse from 8pm to 11pm. The […]

OMV bosses raked in most last year

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Business

Mineral oil firm OMV has the highest-earning board members in Austria, a report has shown.The study by investors’ protection group IVA found that OMV’s six-member board raked in 10.2 million Euros in “crisis year” 2009, up from 8.3 million Euros in the previous year.IVA examined Austrian firms quoted on the Vienna Stock Exchange’s (WBAG) Prime […]

Postman caught hoarding more than 1,000 letters

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General News

A postman has quit after more than 1,000 letters were found in his car.The 21-year-old told bosses he had “lost the overview” after the undelivered mail was discovered by police during a random traffic check in Linz, Upper Austria, yesterday (Weds).Officials said some of the letters the man had been hoarding in his vehicle had […]

HGAA to launch compensation claims

Categories
Finance

Ailing Hypo Group Alpe Adria (HGAA) bosses have revealed plans to demand compensation from former bosses and political decision-makers.HGAA chief Gottwald Kranebitter announced today (Fri) the bank would launch legal action against ex-chiefs “in the coming weeks”. Kranebitter explained that it would focus on “those who caused damage to the bank”.The HGAA head declined to […]