Austrian People’s Party (ÖVP) Finance Minister Maria Fekter has emphasised that private companies should get on board to rescue Greece. The cash-strapped Eurozone and European Union (EU) member state is seen on the brink of bankruptcy by a growing number of financial market experts. Many commentators fear the southern country will be unable to pay […]
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More than seven in 10 visitors of Vienna’s Leopold Museum have rated the institution with the highest grade in recent research. Around 1,000 visitors were interviewed as part of a study by market analyst Sensor. Seventy-two per cent of people who attended the Leopold Museum said they found it “excellent,” the institution’s managers announced today […]
Viennese police have promised to take action against lawbreaking cyclists. Officials in the capital announced today (Mon) intense controls would be carried out especially in the city centre. They argued their decision had to do with the large number of tourists visiting Vienna at the moment. Police explained they wanted to avoid an increase of […]
Most Viennese docs fear burnout
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A majority of Viennese doctors consider themselves under risk of suffering from burnout, a study has shown. The Austrian Medical Council and organisation ARGE Burnout asked medics to participate in an online poll. More than 6,200 doctors across Austria took part in the poll. Nearly 1,200 of them work in Vienna. The results show that […]
Vamed ‘to invest 200mn in Romania’
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Austrian health sector services provider Vamed AG is considering investing hundreds of millions of Euros in Romania, according to newspapers in the Eastern European (EE) country. The online news platform Romanian Times cites local newspapers claiming that the Vienna-based firm is interested in spending 200 million Euros on projects in the country which joined the […]
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 […]
Red Bull tops brand value ranking
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Red Bull has been identified as the strongest Austrian brand in the world. The beverages producer – which has increasingly engaged in multimedia promotion and the funding and organisation of sporting events – came top in the latest Eurobrand Austria study. The European Brand Institute (EBI) said today (Thurs) Red Bull increased its brand value […]
Immigration is on the rise, new figures show. The federal interior ministry – which is headed by Johanna Mikl-Leitner of the People’s Party (ÖVP) – said today (Tues) that 114,000 people migrated to Austria while only 87,000 left the country in 2010. The ministry pointed out that only 107,000 settled in the country in 2009. […]
Red Bull Stratos back on track
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A multimillion-Euro project masterminded by Red Bull may get underway as planned after a lawsuit would have almost ended the endeavour at an early stage. The Austrian energy drink producer announced today (Mon) that it reached an out of court settlement with Daniel Hogan. The American claimed he approached the Salzburg-based company with the idea […]
Vienna jobless rate shoots up
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Viennese politicians and businesspeople have failed to reduce the city’s jobless rate. Official figures presented today (Fri) show that the number of unemployed people residing in the Austrian capital rose by 6.9 per cent. Overall, nearly 74,000 Viennese citizens were out of work this month. The Federal Labour Market Service (AMS) explained Vienna and Carinthia […]