The head of a railway company which plans to challenge Federal Railways (ÖBB) from December has said that his firms trains will have facilities for smokers.Stefan Wehinger, chief of Westbahn which will operate 13 times a day between Vienna and Salzburg, said today (Fri) that wagons will be equipped with “smoker cabins.”Speaking to the Kurier […]
Tag: company
London Array order for Voestalpine
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An industrial company based in the Upper Austrian city of Linz has been assigned to deliver 20,000 tons of steel for a new offshore wind farm in the United Kingdom.Voestalpine AG said today (Fri) it was contracted to produce and deliver sheet metal objects weighing 20,000 tons altogether for German technology company Siemens AG which […]
Internationally operating technology group HTI High Tech Industries AG (HTI) managed to reduce its losses as the firm gets ready to enter the Vienna Stock Exchanges (WBAG) Prime Market.The Linz-based company is currently quoted on the WBAGs Mid Market. Its stocks will be traded on the Prime Market of the WBAG on 1 May. One […]
Cat Oil reports sky-high profit
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CAT Oil AG has managed to double its profit.The Austrian company which produces and offers services for the equipment for the oil and gas industry said today (Thurs) its net profit soared from 8.4 million Euros in 2009 to 19.5 million Euros the next year. Cat Oils turnover edged up by 0.3 per […]
Oil and gas company OMV AG has presented plans to open dozens of discount petrol stations.The Vienna-based firm said today (Mon) it would do so by expanding its Avanti low-cost service station range in the coming years. OMV currently runs 22 such branches in Austria. The firm explained the plan was to manage 50 low-priced […]
Caravan thieves nabbed in Poland
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Three men suspected of being behind a break-in spree in Austria have been arrested in Poland.Investigators in Austria assume that the Poles stole six caravans, two cars, a motorcycle, a truck and a minivan from two company estates in the Lower Austrian districts of Neunkirchen and Gänserndorf in 2009 and 2010. The loot is worth […]
ATB braces for sky-high losses
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Struggling engine manufacturer ATB Austria Antriebstechnik AG (ATB) has warned shareholders it could have suffered immense losses last year.The Vienna-based company which runs factories in the Austrian province of Styria, Germany, Great Britain and Serbia said yesterday (Thurs) its annual loss could be higher than half of its nominal capital. ATB added that […]
Styrian solar expert bags Arizona orders
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A Styrian company specialised in solar energy generation has received assignments worth 17.4 million Euros overall from businesses and town halls overseas.Graz-based Solid GmbH said today (Fri) it will install solar-powered heating and cooling systems at a school, a hotel and seven prisons in the US state of Arizona.It is not the first time for […]
Serbia extends deadline for TA
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Telekom Austria AG (TA) has been given more time to improve its offer to take over a leading Serbian mobile services firm.The Serbian government which holds 80 per cent in Telekom Srbija said yesterday (Tues) it decided to give TA the chance to increase their takeover bid until 3 May.The Viennese telecommunications provider […]
Raidl raises profit distribution issue
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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 […]