Around 100,000 Austrians do not have health insurance, a social issues expert has revealed.Speaking on the occasion of passage of US President Barack Obamas health reform by the US Congress, Martin Schenk said today (Tues): “Austria has a good health insurance system compared to the United States, but gaps in the network need to be […]
Tag: Euros
German car maker Volkswagen (VW) CFO Hans Dieter Pötsch has revealed that the company has been spending around 600 million Euros on car parts and other purchases in Austria every year.Pötsch said at a business event in Linz last night (Mon) evening that he was optimistic about business this year after an “extraordinarily difficult 2009”.VW […]
New express passport to cost 220
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The new Austrian express passport, ready 24 hours after application, starts on 15 March will cost 220 Euros for adults.Peoples Party (ÖVP) Interior Minister Maria Fekter said today (Fri) express passports for children younger than 12 would cost 165 Euros, adding that express passports could be obtained at any passport office.The ministry said such quick […]
An Austrian has been named as the best paid CEO among German companies listed by the countrys stock market index DAX in “crisis year” 2009.Villach-born Siemens boss Peter Löscher earned more than seven million Euros in the last year, according to a report by business newspaper Handelsblatt. He took over at Siemens in 2007.The German […]
A thief stole a rhinoceros iguana worth 5,000 Euros Monday night from a store in Graz, police said.The man broke into the shop through a window between 6:45pm on Monday and 8:20am on Tuesday. Nothing else was missing from the store.Police said they suspected “a reptile enthusiast”.
Austrian Federal Railways (ÖBB) supervisory board chief Horst Pöchhacker revealed today (Weds) the firms freight business department suffered operative losses of 100 million Euros last year.Pöchhacker said in a radio interview: “Turnover dropped by 500 million Euros due to the exceptional crisis last year, but we already managed to save around 400 million Euros.”He claimed […]
A Salzburg man was sentenced to 18 months and fined 2,000 Euros for biting off part of his girlfriends nose during a drunken night-time argument.Judge Bettina Maxones-Kurkowski heard how Wolfgang S. attacked his 28-year-old girlfriend in their bedroom in an argument which earlier started when the couple went to a night club.”I threw the roses […]
Military patrols of Austrias eastern frontiers are practically useless in terms of increasing public security, the Federal Audit Office (RH) said yesterday (Mon).A new RH report released yesterday has concluded that the patrols have not helped to resolve even one per cent of crimes in patrolled areas. The patrols have led to charges in 70 […]
Plastics manufacturer Greiner Group reported that its turnover had declined by eight per cent year on year to 1.031 billion Euros in 2009 yesterday (Thurs) evening.Board members Axel Greiner and Axel Kühner said the decline had been moderate given the financial crisis and attributed it to the effect of fluctuations in currency-exchange rates.They added that […]
Lenzing 2009 earnings crash
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Upper Austrian fibre producer Lenzing AG reported today (Thurs) that its results had been significantly worse in 2009 than in 2008.Lenzing said its earnings before interest and taxes (Ebit) had declined by 23 per cent year on year to 100.7 million Euros and its earnings before interest, taxes, deprecation and amortisation (Ebitda) had fallen by […]