Struggling vaccine developer Intercell AG has presented a new company chief.The Vienna-based research firm said today (Thurs) board member Thomas Lingelbach will take over as CEO next Tuesday (10 May). Current head Gerd Zettlmeissl will leave the company “to pursue other personal and professional interests,” Intercell added.Lingelbach has been the companys COO since 2006. He […]
An industrial company based in the Upper Austrian city of Linz has been assigned to deliver 20,000 tons of steel for a new offshore wind farm in the United Kingdom.Voestalpine AG said today (Fri) it was contracted to produce and deliver sheet metal objects weighing 20,000 tons altogether for German technology company Siemens AG which […]
Insurance company UNIQA Versicherungen AGs (UNIQA) international operations are prospering, figures presented today (Fri) show.The Vienna-based companys international operations department achieved premiums of 2.4 billion Euros last year, around 20.8 per cent more than in 2009. UNIQA Austria earned 3.8 billion Euros at the same time, up by 1.8 per cent compared to 2009.UNIQA does […]
Dozens of TV sets have been stolen from a lorry in Lower Austria on Tuesday night, it was announced today (Fri).Police said 30 flat screen TVs worth around 850 Euros each disappeared from a Hungarian truck while it was parked at a motorway rest stop on the A1 western highway near Völlerndorf. Officers […]
Austrian airports registered significantly more passengers last year.Figures presented by Statistik Austria show that planes departing and arriving at aerodromes across the country recorded 24.5 million passengers in 2010, up by 7.9 per cent compared to the previous year. The agency pointed out that this increase was achieved despite delays and preliminary air traffic shutdowns […]
Construction sector giant Porr AGs earnings shrank by more than a fifth last year.The company announced today (Fri) that it achieved earnings before interest and taxes (Ebit) of 49.1 million Euros in 2010, down from 64 million Euros the year before.Porr argued that it has been feeling the most recent recession which broke out […]
Verbund AG has achieved a better turnover and higher earnings.The company Austrias busiest energy provider said today (Thurs) its turnover rose by 13.8 per cent to 917.7 million Euros from the first quarter of last year to the same period of 2011. The firm added that earnings before interest and taxes (Ebit) jumped […]
Political decision-makers in other Austrian tourism hotspots may be pressed to act after Salzburg’s officials introduced free wireless local area network (WLAN) internet access.City officials said today (Thurs) residents and holidaymakers can enter the World Wide Web (WWW) free of charge with their laptops, notebooks, tablets, PCs and smartphones at three popular places in the […]
Internationally operating technology group HTI High Tech Industries AG (HTI) managed to reduce its losses as the firm gets ready to enter the Vienna Stock Exchanges (WBAG) Prime Market.The Linz-based company is currently quoted on the WBAGs Mid Market. Its stocks will be traded on the Prime Market of the WBAG on 1 May. One […]
Strabag SE has said it is “cautiously optimistic” for the remainder of this year due to a “construction boom” in Poland.The Vienna-based company Austrias leading building firm announced today (Thurs) it expected to benefit from the strong economy in Poland and positive developments in Germany.Strabag explained it experienced a strong increase of assignments […]