Ransom was paid for freed Austrian kidnap victim

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General News

Newspapers from Yemen agree that the sultanate of Oman paid 16 million dollars of ransom for the Austrian kidnap victim Dominik N. (26). Four million dollars were paid to tribal leaders who worked as intermediaries. The news agency AFP confirmed the figures: apparently, 50 million dollars were paid for all three hostages. Arabian media reported […]

Stolen Klimt sells for 30 million Euros

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General News

 A Gustav Klimt landscape has sold for 30 million Euros in New York. The painting, entitled “Litzlberg am Attersee” was stolen by the Nazis in Austria in 1938 and recently returned to the owner this year. The painting, which depicts rolling hills beside a lake, was in The Salzburg Museum of Modern Art until last […]

Air Berlin passenger figures up

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Business

FlyNiki partner Air Berlin had around six per cent more customers in the first five months of this year than in the same period of 2010.The carrier – which has been cooperating with Vienna-based FlyNiki since 2004 – said yesterday (Mon) it recorded 12.95 passengers between January and May 2011. Air Berlin said this was […]

IBM Austria gets new boss

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Business

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 firm’s CEO for four years.It was also announced that Christian Keller will […]

Löscher to get management award

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Business

Siemens AG boss Peter Löscher will be awarded WU Manager 2010, Vienna’s University of Economics and Business (WU) has announced.The university said about the Austrian today (Weds): “Löscher has managed to combine successful long-term management operations with a high level of social competency.”The Villach-born businessman, who has headed the German IT company for three years, […]

Chinese traveller checks conman on the run

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General News

Police are hunting a Chinese fraudster who fled after trying to exchange stolen traveller checks worth almost 800 Euros.Graz police announced today (Fri) the man attempted to turn American Traveller Cheques worth 1,000 US dollars (790 Euros) into money at a city centre bank yesterday.The conman left his passport behind as he ran away after […]