Austria’s biggest aviation company will not be back in the black by the end of the year, managers have confirmed. Austrian Airlines (AUA) – co-chiefs Peter Malanik and Andreas Bierwirth said today (Thurs) – achieved a profit in the third quarter but suffered a loss so far this year nevertheless. They explained that AUA’s loss […]
A would-be robber did a runner after he found a bank shut. The felon – caught by surveillance cameras wearing a “Scream” horror movie mask tried to enter a branch in Vestenthal, Lower Austria, around midday on Tuesday. He ran away as the glass door failed to open. The bank opens only at 2pm for […]
A private competitor of Federal Railways (ÖBB) has claimed it would operate between Graz and Salzburg given that it gets as much financial support as the state-owned rail firm. Westbahn said yesterday (Sun) ÖBB received five million Euros in public funds to offer a connection between the Styrian capital and Salzburg. According to Westbahn, ÖBB […]
An affiliate of Strabag SE has achieved a multi-million Euro assignment in Oman. The Austrian construction company said yesterday (Thurs) its Arabian subsidiary company would build a new port in Duqm, a port city in Oman, for 150 million Euros. The deal features the construction of numerous shipyards but also main roads, Strabag explained, adding […]
OMV AG has produced more oil in the past months, according to the company’s latest trading statement. The Viennese company – one of the most powerful players on Central and Eastern Europe’s (CEE) energy sector – said today (Fri) it produced 283,000 barrels of oil a day in the third quarter of 2011, up from […]
A 2,000-square-metre warehouse of a cooking oil company burnt down in Lower Austria keeping 150 fire fighters on their toes. Police estimated that the major blaze that started in Deutsch-Wagram in Lower Austria’s Gänserndorf district on Tuesday afternoon caused an estimated damage of one million Euros. Franz Resperger, spokesman for Lower Austria’s fire fighters stressed […]
Police are looking for possible more victims of a marriage impostor after four women already came forward. Officials in Vienna announced yesterday (Weds) that Zaman Denli could have received 175,000 Euros from Austrian women after promising to marry them. The Turk started defrauding women in 2004, according to investigators. One of his victims told the […]
A 43-year-old man is in court for defrauding media enterprises by promising them to get Paris Hilton to attend events. Judges in Vienna heard yesterday (Tues) how the defendant received 80,000 Euros from an internet radio station after claiming he had the exclusive rights to organise the US American it-girl’s European activities. The broadcaster took […]
Mirko Kovats has harshly attacked Wilhelm Rasinger over the bankruptcy of A-Tec Industries AG (A-Tec). The industrial company – which consists of various affiliates operating in the raw material sector, the creation of factories and the production of tools – was founded by Kovats. It had to open insolvency procedures last year. The controlled bankruptcy […]
The government is disagreeing over whether the Federal Industry-Holding Stock Corporation (ÖIAG) should get involved in the handling of a major bankruptcy to save jobs. Social Democratic (SPÖ) General Secretary Günther Kräuter suggested yesterday (Sun) ÖIAG should be used as an “active industrial-political instrument” after it became clear on Friday that plans to carry out […]