Viennese caterer DO&CO managed to raise earnings and turnover in the first quarter of its 2010/2011 business year (1 April to 30 June).The firm said today (Thurs) turnover had jumped by 15.6 per cent to 102.13 million Euros year on year, while earnings before interest and taxes improved from 3.44 million Euros to 4.81 million […]
The Austrian agriculture ministry has come under fire for providing just 200,000 Euros of immediate aid for victims of flooding in Pakistan.Max Santner, head of the international aid department of the Austrian Red Cross (ÖRK), branded the ministrys decision to provide 200,000 Euros as “disgraceful”.He added: “I hope this amount is not everything to come […]
An Upper Austrian pensioner was hospitalised with smoke poisoning after an exploding battery from an electric bike caused a massive blaze in his flat yesterday (Weds).The man, 73, tried to fight the fire with blankets himself before firemen called in by a neighbour dragged him to safety. He passed out minutes later.Fire-fighters in […]
Austrian furniture megastore chain XXXLutz has coughed up around 200 million Euros to snatch up a Slovenian competitor, it has been claimed.Business dailies report today (Thurs) that XXXLutz which has around 17,000 employees transferred between 150 and 200 million Euros to Lesnina owners to take over the company in full.Bosses at the company […]
A Vorarlberg man has admitted stealing thousands of Euros in coins from offertory boxes at churches in the province.The 26-year-old was caught red-handed at the St. Antonius chapel in Lustenau on Tuesday, police said today (Thurs).He admitted in police interviews having raided cash boxes in more than 170 churches in the province of Vorarlberg over […]
Austrian Airlines (AUA) bosses have said they will continue to carry out the ongoing cost-cutting regime as the firm suffered losses of 67 million Euros in the first half of this year.Operative losses reached 93.5 million Euros in the first six months of 2009.AUA co-chiefs Peter Malanik and Andreas Bierwirth announced today (Thurs): “Our measures […]
Verbund chief Wolfgang Anzengruber has said planned investments might be delayed due to the continuing debate over a capital increase.The government has been at odds for weeks over whether it should console the energy provider with 500 million Euros in an overall one-billion-Euro capital increase. The Austrian State holds a 51 per cent interest in […]
Vorarlberg textiles producer Wolford has managed to double its earnings year on year, it has emerged.Company officials said today (Fri) earnings before interest and taxes (Ebit) soared from 2.18 million Euros in the 2008/2009 business year to 4.5 million Euros in the past business year.They added that Wolford, which is headquartered in Bregenz, had now […]
A Bulgarian tried to smuggle six kangaroos and more than 50 birds from the Netherlands into his homeland, Austrian border officials have revealed.Officials in Nickelsdorf, Burgenland, on the Austrian-Hungarian border said today (Fri) they stopped the lorry during a traffic check campaign yesterday.”The man told us he bought the six kangaroos and 52 rare birds […]
Insurers have said they may have to pay out more natural disaster compensation than ever before as Austria has been hit by several devastating thunderstorms and floods.The federal Association of Austrian Insurance Agencies said today (Fri) damages to insured estates caused by freak weather conditions equals around 200 million Euros so far this year.The body […]