Grasser was in Asia, not Switzerland says FORMAT

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General News

By Rob Hyde Although Grasser claims he received 500,000 Euros in cash from his mother-in-law in Switzerland, he had flown with AUA to the Far East at the time, says FORMAT magazine. Its article says former finance minister Karl-Heinz Grasser was in Nepal and Peking in the same period he says he was in Switzerland. […]

Grasser rejects BUWOG corruption claims

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Politics

Former Freedom Party (FPÖ) Finance Minister Karl-Heinz Grasser has denied any wrongdoing regarding the sale of real estate management company BUWOG. The enterprise – which manages more than 60,000 apartments – was privatised in 2004 when Grasser headed the finance ministry. Ex-FPÖ General Secretary Walter Meischberger and marketing expert Peter Hochegger, who used to be […]

Squatters refuse to leave BUWOG residence

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General News

By Rebecca Musgrave Squatters have remained in a private building on Lindengasse, Vienna, despite the threat of eviction from real estate owners BUWOG. The group of activists, who have now been in the building for almost three weeks, were told that they had to be out by Wednesday at 6pm. Despite this “final deadline” they […]

Immofinanz on road to recovery

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Business

Vienna-based real estate firm Immofinanz managed to keep its turnover stable in the first three quarters of its 2009/2010 business year (1 May to 30 April).Company officials said today (Weds) it had had turnover of 552.8 million Euros, down by just 0.47 per cent compared to its turnover during the same period of its previous […]