Telekom Austria (TA) boss Hannes Ametsreiter has called for more investments in the education sector.The businessman said today (Thurs) Austria must “urgently” think about how to improve the education system.”We must spend more on education if Austrian firms want to be able to compete internationally. Austria has always had a high creative potential. We must […]
Tag: company
Verbund earnings tumble
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Verbund AG, Austrias leading electricity provider, suffered a significant decline in earnings in the first nine months of this year.The company, which was founded in 1947, announced today (Thurs) that earnings before interest and taxes (Ebit) dropped by 22.1 per cent year on year to 625.6 million Euros in the first three quarters of 2010. […]
Greek challenge hits TA’s Serb bid
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Telekom Austrias (TA) efforts to acquire a majority of Serbias state-owned telecommunications company have suffered a significant throwback.The countrys federal Minister of Telecommunications and Information Society Jasna Matic confirmed reports that the government has been in talks with Greek firm OTE over the purchase of a 20 per cent share in Telekom Srbija.TA was being […]
DO&CO turnover takes off
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Austrian caterer DO&CO managed to raise its turnover and earnings in the first half of the current business year.The company, which is headed by Attila Dogudan, said today (Tues) its turnover soared by 21 per cent year on year between April and September 2010 to 222.7 million Euros. It added earnings before interest and taxes […]
Austria has been hit by another case of food containing Listeriosis bacteria.HMF Food Production announced today (Tues) the listeria bacteria have been discovered in its Almare Seafood smoked salmon on sale at discount supermarket Hofer. The company stressed that the products were inedible, adding that customers who bought it will be refunded.Hofer, which belongs to […]
Red Bull has decided to switch to other beverages at this weekends Formula One (F1) Grand Prix of Yeongam as the companys trademark energy drink has not yet been introduced in South Korea.Red Bull Racing announced today (Fri) crew members and drivers Australian Mark Webber and German Sebastian Vettel will not be served […]
TA seen in pole position for Serb snatch
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Telekom Austria (TA) are considered favourites to take over a majority stake in Telekom Srbija.The Austrian company confirmed today (Fri) it has been looking at the tender papers for the planned sale of a 50 per cent interest in the Serbian telecommunications provider.France Telecom, Germanys Deutsche Telekom and Egyptian firm Orascom Telecom are also interested […]
Wienerberger to reduce new homes focus
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Wienerberger CEO Heimo Scheuch announced ambitions to become “less dependant” on new home constructions.Scheuch explained today (Thurs) 80 per cent of assignments of the company the largest brick maker in the world were housing projects.The company chief also warned of a significant decline of business in the United States where he expected a […]
Lorry gets stuck in cesspit
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A truck transporting dead pigs got stuck in a sewage plant on a farm in Upper Austria yesterday (Mon) after its driver was sent the wrong way by his SatNav.Fire-fighters in Pettenfirst used a crane to drag the company lorry out of the cesspit.It ended up getting stuck when the driver who was not […]
Hans-Joachim Körber has been appointed new supervisory board chairman of budget airline Air Berlin.Company boss Joachim Hunold announced today (Tues) that the former head of wholesale retailer Metro AG will succeed Johannes Zurnieden by the beginning of next year.Zurnieden, who owns travel company Phoenix, will keep his Air Berlin shares. Hunold stressed Zurnieden will also […]