Quadruple lotto jackpot holds €8mn

Categories
Lifestyle

This Wednesday’s quadruple lotto jackpot is worth eight million Euros, Austrian Lotteries have announced.The company said today (Mon) it was only the 10th time in its 25-year history that none of the hundreds of thousands of participators’ lottery tickets had shown the correct six out of 45 numbers three times in a row.Lottery tickets are […]

Habsburg antiques theft fugitives run out of money

Categories
General News

A couple suspected of having stolen antiques worth millions of Euros from a Habsburg family-owned estate have been arrested in Morocco.Claudia and Engelbert M. applied for support at the Austrian embassy in the Moroccan capital Rabat after having run out of money at the weekend. The married couple were arrested when officials realised they are […]

AUA – Lufthansa deal a ‘success’ and ‘very good solution’

Categories
Business

Austrian Industry-Holding Stock Corporation (ÖIAG) head Peter Michaelis has claimed that the sale of Austrian Airlines (AUA) to Lufthansa was a “success”.The Austrian government coalition of the Social Democrats (SPÖ) and the People’s Party (ÖVP) assigned ÖIAG to sell a major stake of AUA when it became clear that the airline was at risk of […]

Porsche assigns HTI

Categories
Business

Automotive industry supplier High Tech Industries AG (HTI) has been contracted to produce interior parts for the production of a Porsche model.The Upper Austria firm, which is based in St. Marien bei Neuhofen, announced today (Mon) that it has agreed with the German car maker to withhold the value of the order.HTI added its plant […]

VIA chairmen forced to leave early

Categories
Business

The supervisory board of Vienna International Airport (VIA) has decided to remove all three co-chiefs from power.The panel agreed in a 14-hour-long meeting yesterday (Weds) to lay off Herbert Kaufmann by the end of this month. Gerhard Schmid and Ernest Gabmann will leave Flughafen Wien AG, the company managing Austria’s biggest airport, next year.The trio […]

Salzburg hotel prices jump

Categories
Business

Hotels in the city of Salzburg have upped their prices by more than 25 Euros, it has been revealed.International hotel comparison website Trivago (www.trivago.co.uk/hotelprices) said today (Thurs) that a standard double room in the holiday hotspot currently costs 129 Euros a night, up from 102 Euros last month.Thousands of skiers spending their holidays in the […]

EVN earnings climb as equity ratio drops

Categories
Business

Energy provider EVN AG managed to increase its earnings in the past business year.The Lower Austrian company said today (Thurs) that its earnings before interest and taxes (Ebit) jumped by 6.9 per cent year on year to 187.3 million Euros in the 2009/2010 business year which ended on 30 September.The firm’s turnover edged up by […]

Loss-making JoWooD seeks investor

Categories
Business

Struggling computer games producer JoWooD Entertainment AG (JoWooD) has started looking for an investor.The Viennese company, which has been quoted on the Vienna Stock Exchange (WBAG) since 2000, said today (Thurs) its operative losses soared by 1.655 million Euros to 14.304 million Euros year on year in the first nine months of 2010.The firm – […]

Rueful robber hands himself in

Categories
General News

A remorseful criminal who took part in a spectacular casino robbery has given himself up to police more than one year after the coup.Admir B. was member of a five-strong group who stole 47,000 Euros in cash from a casino in Graz in a robbery lasting just 30 seconds in November 2009.All four of the […]

Austrian has fourth-highest per capita GDP in EU

Categories
Business

Austria has made the top five in a spending power survey among European Union (EU) member states.Eurostat, the European Commission’s (EC) statistics authority, announced today (Weds) that Austria has the fourth-highest per capita gross domestic product (GDP) among the EU’s 27 member countries with 124 per cent.Luxembourg came first in the survey with 271 per […]