Fat Can Be Used To Burn Off Weight After New Patent Unveiled

Categories
General News

It is being hailed as a sensation after scientists at an Austrian university patented a method that transforms fat storing cells into mini factories capable of actually destroying fat by burning it off. And the incredible discovery means that in theory people who are overweight will actually end up losing weight at a faster rate […]

Angry business leaders say Austria is too expensive

Categories
Business

Austria as an economic location is seriously under threat according to domestic business leaders. The warning comes after several banks indicated that they were considering moving their headquarters abroad because of the taxes they were having to pay in Austria, and only last week steel industry voestalpine boss Wolfgang Eder also said that the tax […]

Microorganisms as powerhouses for electricity storage

Categories
Green Austria

An innovative process for storing electricity generated from renewable energy sources is now market ready, a fourth patent application having been filed. The process, which was developed by Austrian company Krajete GmbH and is based on microorganisms, enables a highly efficient and environmentally friendly conversion of climate-damaging CO2 and hydrogen into – storable – methane. […]

Protestors bid to stop fracking in Bodensee area

Categories
Green Austria

The ÖVP state parliament club is attempting to increase the pressure against fracking in the area around Bodensee, Western Austria. The aim of this is to prevent fracking in the drainage area of the Bodensee drinking water reservoir at the state, national and EU-level. The Green Party has severe doubts regarding the issue, which was […]

ÖVP NÖ wants to slow wind farm madness

Categories
Politics

The ÖVP wants to reduce wind farms in order not to spoil the image of the landscape. The government of Lower Austria decided to develop a new Planning Law and to keep the budget low. 460 wind farms will be put up in Lower Austria until the end of 2013. They deliver 14 percent of […]

Hotel gets a 40 million facelift

Categories
Lifestyle

The spa hotel Eggerwirt in St Michael, district of Lungau (state of Salzburg), will be modernised. In order to offer high comfort to their guests, the management plans to refurnish 40 rooms. Although the hotel has been renovated regularly, the time for a large change has come. Eggerwirt has always been an oasis of peace […]

Worldly Savages at the Reigen this week

Categories
Culture

Having booked over 90 shows this year, the band Worldly Savages are embarking upon their third European tour where they will stop off in Vienna for a night of “contagious folk punk energy”. The group who describe themselves as “Contagious Folk-Punk Energy with Ethno Music Spiciness” will perform at the city’s music venue Reigen on […]

Rising rents fuel inflation

Categories
Business

Prices climbed by more than two per cent last month. Statistik Austria said yesterday (Weds) the inflation rose by 2.3 per cent, meaning that the average price of predicts and services on offer in Austria climbed to this extent from April 2011 to the same month of this year. This is the lowest rise since […]

Verbund shows signs of improvement despite uncertain economic conditions

Categories
Business

Austrian electricity company Verbund has presented a positive business development for the first quarter 2012 in spite of what it described as a “challenging market and industry environment”. Revenue, operating result and Group result were all significantly improved due to the good water supply and higher average sales prices. Verbund continues to invest consequently in […]

Reckless fuel pricing must mean prison, says BZÖ

Categories
Business

An opposition party wants jail sentences for energy sector businesspeople while the government plans to increase the financial support of drivers. Alliance for the Future of Austria (BZÖ) head Josef Bucher announced yesterday (Weds) stricter penalties were needed to stop mineral oil firms from not passing on international trading developments to customers. Bucher said Austrian […]