Vamed ‘to invest €200mn in Romania’

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Business

Austrian health sector services provider Vamed AG is considering investing hundreds of millions of Euros in Romania, according to newspapers in the Eastern European (EE) country. The online news platform Romanian Times cites local newspapers claiming that the Vienna-based firm is interested in spending 200 million Euros on projects in the country which joined the […]

Europe bemoans death of Otto Habsburg

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Politics

Otto Habsburg, the last heir to the throne of the former Austrian-Hungarian Empire and oldest member of the Habsburg family, has died at the age of 98. Habsburg “peacefully passed away” yesterday morning (Mon), his family announced. They explained all of his seven children were at his death bed in Pöcking, Bavaria, Germany. He will […]

Komorowski and Fischer to meet one year after ash cloud controversy

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Politics

Polish President Bronislaw Komorowski will visit Austria later this month. The office of Austrian President Heinz Fischer announced today (Fri) that the former Polish minister of defence will arrive for talks in Vienna on 13 July. The presidential office explained Komorowski was also set to meet Social Democratic (SPÖ) Chancellor Werner Faymann, and the SPÖ’s […]

Baumax presents ambitious expansion plans

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Business

Tool store chain Baumax has revealed it plans to set up 30 new stores in Turkey.The company – which opened its third shop in the Eurasian country in the city of Izmir today (Weds) – explained it could imagine opening around 30 representations in the long run. Baumax, which is based in Klosterneuburg near Vienna, […]

Strabag bags record order in Romania

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Business

Strabag SE has said it hopes to win more Romanian roadwork assignments after being engaged to build a motorway for more than 160 million Euros.The Viennese company announced today (Weds) it saw good chances to get further orders in the Eastern European (EE) country after agreeing about the construction of a 24-kilometre (km) stretch in […]

‘Cheat’ Hahn faces fresh pressure

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Politics

The thesis of Austria’s European Commissioner for Regional Policy is to be examined once more after an expert claimed that substantial parts were plagiarised.Stefan Weber – who made a name for himself by exposing plagiarism in dissertations – said last week that Johannes Hahn cheated creating “at least 17.2 per cent” 254-page philosophy thesis from […]

Romania popular among Austrian tourists

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Business

Nearly five per cent of people travelling to Romania are Austrians, new figures show.The National Statistics Institute (INS) announced today (Fri) that 4.8 per cent of all holidaymakers who chose Romania in April came from Austria. The agency added that, with 61.7 per cent, a majority of tourists were European Union (EU) citizens.Hungarians take the […]

Austria among safest states in the world

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Lifestyle

Austria has retained its reputation for being one of the most secure places on earth despite being knocked down two spots in the United Nations’ (UN) Global Peace Index (GPI) 2011.The UN announced yesterday (Thurs) it considered Austria as the sixth-safest country in the world.The organisation investigated 153 nations on all continents about factors such […]

Half of Austrians unimpressed by crisis comeback concerns

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Business

Only three per cent of Austrians say they are not at all worried about another crisis.Pollster Market said today (Thurs) just three in 100 citizens had no concerns at all about a comeback of the recession in the foreseeable future. The agency added that 50 per cent of Austrians were “rather not worried” while six […]

Austrians doubt widespread corruption claims

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Business

Many Austrian businesspeople are questioning investigations indicating that bribery is rampant in the country, a new survey shows.Research group Ernst & Young interviewed more than 100 Austrian employees and company chiefs as part of its European Fraud Survey 2011. The agency said today (Weds) only 34 per cent of polled Austrians believe corruption is common […]