Entrepreneurs gear up for trouble

Categories
Business

Young businesspeople expect a worsening of the economic climate – but they are also convinced of being able to weather the turmoil. The Association of Young Entrepreneurs said yesterday (Tues) it interviewed 2,200 self-employed Austrians in the past weeks. Around seven in 10 of them expect a new crisis but only two per cent fear […]

Georgian foreign minister eyes up early NATO accession

Categories
Politics

Georgian Foreign Minister Grigol Vashadze has said he was certain his country would join the North Atlantic Treaty Organization (NATO) sooner than the European Union (EU). Vashadze – who is currently in Salzburg to attend an international meeting of businesspeople and politicians – told the Austrian Kurier newspaper today (Mon): “I’m hesitant about telling you […]

Schlaff mulls over RHI exit, says report

Categories
Business

Martin Schlaff plans to get rid of his stake in technology and fireproof products manufacturer RHI AG, according to reports.Business magazine Trend claims today (Mon) that the Austrian billionaire wants to sell his interest to Brazilian Magnesita Refractories SA (Magnesita), one of RHI’s main rivals.Schlaff, who started investing in RHI four years ago, currently holds […]