A shipping company founded only three years ago has filed for bankruptcy.The Creditors Protection Association (KSV 1870) said today (Weds) Parzermair RFE – Sondertransport und Logistik GmbH (Parzermair) had debts of around 4.3 million Euros. KSV 1870 added that the haulier, which is based in Schwanenstadt in Upper Austrias Vöcklabruck district, currently employed 35 staff. […]
Almost 94,000 properties were sold in Austria last year, it was announced today (Weds).Land registry records show that 93,807 houses and apartments were sold in 2010, 12.7 per cent more than in 2009. The overall purchase price of the estates ranged around 17.25 billion Euros, up by 5.8 per cent year on year, according to […]
An advocate representing kidnap victim Natascha Kampusch is demanding one million Euros in compensation for personal suffering for his client.Viennese newspapers report today (Tues) that Gerald Ganzger called on the Republic of Austria to transfer one million Euros to Kampusch, 23, for what she had to endure in her eight years in captivity.Kampusch was snatched […]
Austria has blocked all assets of the Libyan Gaddafi clan in the country, it has been confirmed.The Austrian National Bank (OeNB) appealed on the countrys banks to block the deposits of 26 people including Libyan leader Muammar al-Gaddafi, his wife, their eight children and high-profile military and secret service chiefs.The OeNB said it estimated the […]
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 […]
Erste Bank, one of Austrias leading financial institutes, has said it planned to pay back the state aid it has received over the past two years in the coming months.The Vienna-based bank, which is active in the whole Central and Eastern which (CEE) region, announced today (Fri) it intended to return the 1.2 billion Euros […]
The Austrian government has reduced its travel expenses.A parliamentary enquiry by the Freedom Party (FPÖ) showed yesterday (Thurs) that the Social Democrats (SPÖ) and the Peoples Party (ÖVP) spent 2.2 million Euros on 220 trips abroad last year, less than in 2004 and 2008. Figures for 2009 have not been disclosed since no parliamentary faction […]
Real estate developer Warimpex Finanz- und Beteiligungs AG (Warimpex) had a good 2010, business figures presented today (Fri) confirm.The firms turnover climbed by 20 per cent to 102.7 million Euros year on year while earnings before interest and taxes (Ebit) were 24.4 million Euros after a loss of 71.8 million Euros in 2009.Company boss Franz […]
Water processing and preparation company Best Water Technology AG (BWT) said today (Fri) that its turnover jumped by 15 per cent to 460.7 million Euros year on year in 2010.The company, which is based in the Upper Austrian town of Mondsee, added its earnings before interest and taxes (Ebit) improved by 17.4 per cent to […]
Leading supermarket company Rewe International AG said its turnover in Austria soared at over seven billion Euros last year.The company, which handles the Austrian business activities of the German Rewe Group, said today (Fri) that it achieved a turnover of 7.04 billion Euros in 2010, up by 1.83 per cent compared to 2009.Rewe International said […]