Around 165,000 Austrian metal industry workers will earn 4.2 per cent more from next month. Unionists and company representatives agreed about stronger increases of low salaries and one-off payments to employees of the sector in a 14-hour discussion at the headquarters of the Federal Economy Chamber (WKO) in Vienna which ended at 4am this morning […]
More than 120 people may lose their jobs due to the bankruptcy of an Upper Austrian company. The Oberösterreichische Nachrichten (OÖN) newspaper reports today (Thurs) that Acamp will soon start a final clearance sale. The paper claims all measures to keep the firm afloat have failed. Acamp, which specialises in manufacturing garden furniture, filed for […]
A powerful Russian bank may acquire a majority stake in Volksbank International (VBI), the ailing affiliate of Volksbank AG (ÖVAG). VBI, which manages ÖVAG’s operations in Eastern Europe (EE), had 5,362 employees in 547 branches in Romania, Slovakia and six other countries. It sustained a loss of 22.37 million Euros in 2010. Sberbank has hinted […]
Dozens of criminals were caught after police were provided with footage from CCTV installations set up at public transport stations and in underground trains in Vienna in the first three months of this year.Public transport agency Wiener Linien announced today (Weds) that 70 offenders were punished after police investigators checked footage from surveillance cameras tracked […]
Wienerberger AG has taken over a Belgian competitor, it was announced today (Thurs).The Vienna-based company the worlds biggest producer of bricks said it acquired Heylen Bricks. The family business which has its headquarters in Veldwezelt looks back on 100 years of manufacturing bricks.Heylen Bricks has 39 employees and achieved a turnover […]
Armed robbers made off with hundreds of thousands of Euros when they attacked a money transporter crew last night (Thurs/Fri).The incident occurred in Vienna around 1am. The exact sum cash the trio escaped with is still unclear, according to police. Newspapers, however, speculate that the criminals – who were armed with guns – managed to […]
Glanegg-based machine manufacturer Hirsch Servo AG has achieved a significant turnover increase.The Carinthian company said today (Fri) that its turnover improved by 20 per cent to 47 million Euros in the first half of the 2010/2011 business year. Its earnings before interest and taxes (Ebit) reached 620,000 Euros after losses of 2.19 million Euros in […]
Hundreds of staff of Erste Banks Romanian subsidiary took to the streets in Bucharest today (Fri) to demonstrate against the loss of certain rights in a controversial new labour contract proposal.Banca Comerciala Romana (BCR) unionists who represent 75 per cent of the banks employees accuse the financial institutes executive board of having an […]
A Freedom Party (FPÖ) official has criticised Wiener Linien for failing to evacuate many of its employees after bomb threats.FPÖ Vienna vice chairman Johann Gudenus said today (Thurs) it was “not acceptable” that the Viennese public transport agency evacuates passengers swiftly but does not inform its own staff in the case of a bomb scare […]
A leading Austrian building firms German branch has won a 82-million-Euro assignment in the United Arab Emirates (UAE).Alpine Bau GmbH (Alpine) said today (Mon) that its German representation Alpine Bau Deutschland AG will build office buildings, storage sites and production facilities in Abu Dhabi for Borouge, which is a joint venture between the Abu Dhabi […]