Oil industry equipment maker Schoeller-Bleckmann Oilfield Equipment AG (SBO) has taken over an Arabian rival, it has been announced.The global market leader, which is headquartered in Ternitz, said today (Mon) it had acquired a 100 per cent interest in Dubai-based Drilling Systems International Ltd. (DSI). A takeover price was not disclosed by the Lower Austrian […]
Peoples Party (ÖVP) Interior Minister Maria Fekter said she “feels confirmed” by the public debate about Thilo Sarrazins new book.The former Deutsche Bundesbank executive board members bestseller “Deutschland schafft sich ab” (Germany Abolishes Itself) caused outcry with its theories about a possible connection between immigrants intelligence, crime rates and their will to integrate.Fekter has been […]
Austria has retained its title of being the European Unions (EU) jobless rate model pupil.The European Commissions (EC) statistics body Eurostat found that Austria still had the lowest unemployment rate among the EU-27 with 4.3 per cent, followed by the Netherlands where 4.5 per cent of residents were out of work in August.The agency also […]
Bosses at a Styrian university have decided to forbid wearing veils, it has emerged.Managers of the Medical University of Graz (MUG) decided today (Thurs) to prohibit wearing veils that disguise womens faces in seminars and exams.MUG vice director Gilbert Reibnegger stressed however that students would still be allowed to wear veils in lectures. He stressed […]
Around 25 per cent of university and college students could be alcoholics, according to a new study.Research by the Jungarbeiter-Bewegung, an youth organisation, shows that 90 per cent of college and university students drink alcohol. Doctors said today (Thurs) that detailed findings of the survey suggest that around one in four students are alcoholics.When asked […]
More than 150 workers fear losing their jobs as a car industry supplier goes bust.Mattighofen-based leather producer Vogl said today (Thurs) that it has been forced to declare itself bankrupt following a dramatic decrease in orders of its products from car manufacturers. It used to provide leather seats for German firms like BMW, Porsche and […]
A Romanian criminal tried to lock a prison warden in his own cell in a failed bid to escape on Monday night.One warden in a jail in Vienna-Mariahilf opened Liviu B.s cell after the 22-year-old claimed he needed to go to the toilet.The man in custody after he was caught driving a stolen car […]
BAWAG boss Byron Haynes has denied claims Cerberus Capital Management considered leaving the Austrian bank sooner than planned following the introduction of stricter banking regulations.Haynes stressed today (Weds) speculations that the US American investor would sell BAWAG sooner than expected because of the Basel III agreement were wrong. Cerberus committed to remain on board for […]
Telekom Austria (TA) confirmed today (Tues) it was interested in snatching a stake in a Kosovan telecommunication firm.A spokesman for TA, which leads the Austrian mobile services market, announced the company was one of five firms which have informed the Kovovan government of their interest in the 75 per cent share of state-owned PTK on […]
Fewer than one in five Austrians think of ethnic minorities as a group in need of protection.Magazine profil reports today (Mon) only 18 per cent of Austrians thought ethnic minorities deserved more protection. The poll conducted by Viennese research agency Karmasin also showed that two in 10 Austrians said the same about migrants […]