Austrian teenage sensation David Alaba has penned a two year contract extension at Bayern Munich. The new deal will keep the 18-year-old at the German giants until June 2015. The young starlet spent the second half of last season on loan at Hoffenheim also in Germany where he made 17 appearances – scoring twice. Bayern […]
Austrian Federal Railways (ÖBB) is back in the black after ending a controversial speculative deal with Germanys Deutsche Bahn (DB).ÖBB said today (Mon) its operating profit had been 121 million Euros in 2009 after it had had 970 million Euros in losses in the previous year.The company however lost 300 million Euros in a speculative […]
A controversial motorway tender deal in Romania that was bitterly contested by Austrian firm Strabag has collapsed after the winning French-Greek consortium pulled out of the deal.Romanian Times reports today (Thurs) that a consortium of French construction group Vinci and Greek builder Aktor withdrew from the 4.8-billion-Euro deal.The deal involved building of a 58-kilometre motorway […]
Styrian industrial plant producer Andritz-AG said today (Tues) that it would buy German machine builder KMPT AG based in Vierkirchen.Andritz added that it would soon sign a contract for the acquisition of KMPT and its subsidiaries in England, France, Italy, China and the USA.Andritz said the acquisition would strengthen its environment & process business division […]
Recent polls show that 83 per cent of Czechs believe corruption played a role in the Czech Defence Ministrys 2009 purchase of Austrian light wheeled tanks.Austrian firm Steyr-Daimler-Puch Spezialfahrzeuge (SSF) sold 107 light-wheeled tanks to the Defence Ministry in 2009 for 559 million Euros, but Czech newspaper Mlada fronta Dnes recently claimed that Steyr had […]
Czech Prime Minister Jan Fischer has said he may get the Czech secret service involved in the investigation of Austrian firm Steyrs sale of tanks to the Czech Defence Ministry.Czech business newspaper Hospodarske noviny quoted him in todays (Fri) edition as saying: “It is a question of whether the secret service has any relevant information. […]
Czech Prime Minister Jan Fischer called yesterday (Mon) evening for a full investigation of the Czech Defence Ministrys purchase of 107 Austrian Pandur II light wheeled tanks in 2009.The ministry bought them from Upper Austrian firm Steyr-Daimler-Puch Spezialfahrzeuge (SSF) for 559 million Euros. The Czech newspaper Mlada fronta Dnes has reported that SSF bribed Czech […]