Minister to debate rising fuel prices with firms

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Business

People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner will meet with mineral oil industry bosses and petrol station chiefs to discuss soaring fuel prices.More and more Austrian drivers are fuming as petrol stations upped prices shortly before the Easter and the Whitsun weekend holiday breaks.A vast majority of 90 per cent of Austrians even think firms […]

Red Bull only Austrian firm among world’s top 100 brands

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Business

Red Bull has retained its title as Austria’s most valuable brand in the world.The Salzburg-based energy drinks producer ranks 82nd in international market research agency Millward Brown’s study of the most powerful companies in the world.Internet giant Google tops the top 100 with an estimated value of 86 billion Euros followed by IT firms IBM […]

Human rights appeal as Putin to visit Vienna

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Politics

Greens MP Alexander Van der Bellen appealed to Social Democratic (SPÖ) Chancellor Werner Faymann to mention human rights issues as he is set to meet Russian Prime Minister Vladimir Putin tomorrow (Sat).Judo black belt-sporting Putin is expected to spend the weekend in Vienna as part of a non-official visit to attend the Judo World Championships […]

Red Bull ‘target Zé Roberto’

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Sports

Red Bull football department boss Dietmar Beiersdorfer has set his sights on Hamburger SV star Zé Roberto, a newspaper report claims.German daily Bild reports today (Tues) that Beiersdorfer – a former HSV player and executive manager – offered the Brazilian a three-year contract at Red Bull New York and an annual net income of 3.65 […]

EU commissioner gives thumbs up to funding Nabucco

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Politics

New EU Energy Commissioner Günther Oettinger called the Nabucco natural gas pipeline project “especially worthy of financial support” today (Thurs).He claimed it would significantly reduce Europe’s energy dependence on one supplier during presentation of the European Commission’s (EC) financial assistance for 31 natural gas and 12 electricity projects.Oettinger noted that Nabucco, in which Austrian oil […]

WWF warning over hydroelectric plants

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Green Austria

By Lisa ChapmanThe WWF has warned against the construction of more hydroelectric plants in Austria as it says the country’s rivers are in a “dramatic” state.Christoph Walder, the head of the international environmental group’s campaign “Rivers Full of Life” said today (Tues): “As long as there is no good analysis of Austria’s water-power potential, it […]