OMV has taken over a major competitors right to explore and produce gas in Pakistan, it has emerged.The Vienna-based oil and gas giant said today (Tues) it acquired the licence to produce gas in the Asian country by Malaysian firm Petronas.OMV said the purchase will increase its gas production in Pakistan to around 25,000 barrels […]
More than four in 10 Austrians think immigrants receive preferential treatment compared to the countrys citizens, a new study has revealed.Pollsters IMAS said today (Fri) 42 per cent of the 1,000 Austrians they interviewed complained foreigners, asylum seekers and immigrants were treated better by authorities than themselves.The research results come just weeks after Viennese agency […]
An Austrian company has been contracted to get one of Libyas most ambitious infrastructure projects back on track.Austrian Rail Engineering was assigned by the Libyan government to oversee and manage construction of hundreds of kilometres of motorways and railroads. Work started in 2006 but various problems slowed down its progress recently, according to a report […]
Raiffeisenzentralbank (RZB) head Walter Rothensteiner has appealed to people not to “overestimate” investigations of the near collapse of Hypo Group Alpe Adria (HGAA).Rothensteiner said today (Thurs) the Austrian financial sectors reputation would not suffer because of embezzlement and fraud investigations of dozens of politicians and former bankers responsible for the actions of the bank that […]
An Austrian Member of the European Parliament (MEP) has claimed he has been targeted by the Colombian Secret Service over his fight for the rights of farmers in the country.Social Democrat (SPÖ) Jörg Leichtfried said today (Thurs) he got hold of top secret documents revealing that Secret Service officials of the South American country planned […]
Allied forces fighting in Afghanistan found Austrian weaponry in raided Taliban hideouts, according to leaked files.Internet portal Wikileaks got hold of secret United States documents suggesting that troops operating in the crisis-stricken country discovered grenades and bomb throwers produced in Austria.Austrian officials stressed it would be illegal for companies in the country to sell weapons […]
There has never been a better time to explore Croatia than the present. The spectacular country has made a comeback as a top tourist destination in recent years. The country is rich in history and culture as well as being blessed with stunning scenery and a land full of surprises.A real gem is the Dalmatian […]
Hungary is “playing with fire,” Raiffeisenzentralbank (RZB) boss Walter Rothensteiner has warned as the country plans to go ahead with introducing a bank tax.Hungarian Fidesz National Economy Minister György Matolcsy said after meeting with Austrian Peoples Party (ÖVP) Economy Minister Reinhold Mitterlehner today (Mon) his party would press on with setting up the controversial tax.The […]
Bosnia-Herzegovina is the number one exporter of barbeque coal to Austria, it has been reported.Statistik Austria said today (Tues) Austrian firms ordered most BBQ coals from the country, followed by Serbia and Germany last year.The state agency added coal imported from Bosnia-Herzegovina and Serbia was worth an overall two million Euro.Other countries only have a […]
Austrian firms have invested more in Croatia than companies from other countries in the first quarter of this year, it has been announced.The Croatian National Bank (HNB) said today (Tues) Austrian businesses spent 195.8 million Euros during the first three months of this year. Germany is in second with business activities worth 90.4 million Euros, […]