A textiles industry businessman has vowed to succeed Austrian Airlines (AUA) in offering flights between St. Gallen-Altenrhein Airport and Vienna International Airport (VIA).Bosses of the St. Gallen-Altenrhein Airport, which is located just a few kilometres from the Swiss-Austrian border, cancelled their cooperation with AUA last October. They explained AUA must stop its service as of […]
Struggling A-Tec Industries AG (A-Tec) has sold another subsidiary company as it tries to get back on track.The company, which opted for controlled bankruptcy last October, announced today (Mon) that it decided to sell Dörries Scharmann Technologie GmbH (Dörries Scharmann) to internationally operating technology company StarragHeckert.Reports have it that the Swiss company is ready to […]
Canny undertakers in Vienna are planning to use the heat loss of cremations to heat their new headquarters.The city government-owned Bestattung Wien undertaker company said today (Fri) that its new main office at the Viennese Central Cemetery (Zentralfriedhof) in Simmering district will be heated with waste heat produced from cremations carried out at the adjacent […]
Air Berlin managed to raise its passenger figures despite the ash cloud and chaotic weather conditions last year.The company, which cooperates with Austrian FlyNiki, said today (Tues) it had 33.6 million customers in 2010, 3.8 per cent more than in the previous year. Air Berlin explained FlyNikis passenger numbers were considered in its annual business […]
Energie Steiermark has acquired a major stake in a leading Serbian energy provider.The Styrian company announced today (Tues) it had paid 7.4 million Euros for the 67 per cent interest in Belgrade-based gas supplier Beogas. The Serbian company has a market share of 60 per cent and around 410,000 customers.Energie Steiermark is one of the […]
Austrian Federal Railways (ÖBB) has postponed the introduction of a controversial new return ticket system after being flooded with hundreds of complaints.The debt-stricken company reduced the validity period of return tickets from one month to just two days for trips of 100 kilometres and more in December. Reports have it that ÖBB failed to inform […]
The number of bankruptcies declined by nearly six per cent year on year in 2010, it has been announced.Creditreform, an Austrian association for the protection of creditors, said today (Mon) that officials handled 6,657 cases of broke companies last year. It said this was a 5.9 per cent decrease compared to 2009 figures. Creditreform added […]
Tatjana Oppitz has been named new chairman of International Business Machines (IBM) Austria.The businesswoman has worked for the American technology company since 1989. She succeeds Leo Steiner who was assigned by IBM North East Europe, it was announced today (Fri). Steiner was the firms CEO for four years.It was also announced that Christian Keller will […]
Dozens of Bulgarian miners were trapped below ground after an Austrian energy provider turned of the mines electricity supply over unpaid bills, it has emerged.Bulgarian newspapers revealed yesterday (Weds) 80 workers were caught in shafts in the Balkan 2000 mine near the town Tvardiza for more than four hours on 28 December after Maria Enzersdorf-based […]
Austrian oil and gas giant OMV has taken over a competitors exploration activities in Tunisia.The Vienna-based company announced today (Thurs) it has transferred 610 million Euros to American firm Pioneer Natural Resources to take over its operations in the north African country. OMV said the executive board of its Tunisian subsidiary company signed contracts earlier […]