AUA works council infuriated by board enlargement

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Business

Austrian Airlines (AUA) staff representatives have criticised the decision to increase the number of co-chiefs of the airline.The company’s supervisory board announced yesterday (Weds) that Thierry Antinori will take over as new head next April. The Frenchman will take over the marketing agendas from Andreas Bierwirth who currently cooperates with fellow board member Peter Malanik […]

One in five want extended shopping hours

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Business

Almost 20 per cent of Austrians want shops to adopt longer business hours, it has been reported.A survey conducted by Viennese agency Karmasin for magazine Regal shows that 19 per cent of Austrians want a change of federal trade laws so stores are allowed to open longer than the current maximum 72 hours per week.Especially […]

Betbull losses in decline

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Business

Sports betting provider Betbull has managed to reduce its losses.The company, which is based in Malta and listed on the Vienna Stock Exchange (WBAG), said today (Weds) it lost 1.9 million Euros in the first three quarters of this year after a loss of three million Euros during the same time span of 2009.Betbull, which […]

Wrong leg amputation docs sentenced

Categories
General News

A doctor who faced several years in jail for mistakenly removing a woman’s healthy leg got away with just a fine yesterday (Mon).Suspended surgeon Raimund V., 61, was sentenced to pay a fine of 10,000 Euros and 5,000 Euros to the victim, a 91-year-old pensioner. His colleague Klaus B., 40, was fined 7,200 Euros for […]

Schlumberger set to sparkle as Xmas nears

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Business

Champagne and wine maker Schlumberger has said it is bracing for “millions of sales” as Christmas approaches.The company explained today (Tues) it sells “a few million bottles between October and December” compared to “a few hundred thousands” in other months.Austrian retail trade representatives said recently that they expected to take in three to four per […]

Austrians splash out €154mn on hair

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Business

Austrians spent more than 150 million Euros on their hair last year, a survey has shown.GfK Austria found that the 8.5 million people living in the country invested 154 million Euros on hair care products and visits to the hairdressers in 2009.The agency said today (Tues) that its research has also shown five per cent […]

Erste-backed mall breaks bright world record

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Business

A Romanian shopping centre into which Austrian Sparkassen Immobilien poured 200 million Euros has made it into the Guinness Book of World Records for the largest indoor Christmas light display.Guinness World Records officials acknowledged the bid as a new world best after visiting the installation which features 449,658 lights at the Sun Plaza mall in […]

European building sector not out of recession yet, claims Swietelsky

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Business

The recession still has the European construction sector in its grip, a leading building company has warned.Linz-based Swietelsky, Austria’s fifth-biggest construction firm, said today (Tues) that it would give a “careful” outlook due to the “insecure situation” in the Eurozone. The term describes the 16 European Union (EU) members which use the Euro as their […]

Porr scores Libyan stadium order

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Business

A leading Austrian construction company has been assigned to build a 10-000-seat football stadium in Libya.Vienna-based Porr, Austria’s third-biggest building firm, its Turkish cooperation partner Renaissance Group and Libyan Investment Development Company, were contracted to build the venue in the city of Tripoli, it was announced today (Mon).The assigned companies will rake in an overall […]

AE&E follows A-Tec into bankruptcy

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Business

Austrian Energy & Environment (AE&E) has filed for bankruptcy just weeks after its owner A-Tec Industries AG (A-Tec) was forced to open insolvency procedures.A-Tec said it failed to find an investor for AE&E, which is its biggest subsidiary. The firm held takeover talks with Styrian company Andritz, Austrian businessman Ronald Pecik and a string of […]