Cultural centre TBA21 is combining food, dining, art, culture and music in a Winter Programme series at their Supper Club in Vienna. Artists, chefs, curators are combining their talents at twelve events taking place at the TBA21 Supper Club, hosted by Die Au cafe/restaurant. Events coming up include a culinary version of time-banking, the process […]
Tag: Exchange
Former Austrian interior minister and Euro MP, Ernst Strasser, has been sentenced to four years in jail for bribe-taking. His lawyer has instantly said he will appeal meaning that Strasser will not go to jail until the appeal has been heard. Strasser, 56, of the conservative Austrian People’s Party (OeVP), was one of four MEPs […]
Mud fight continues in Salzburg
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A bitter row between the conservative People’s party ÖVP and the social Democrats SPÖ in the regional parliament in Salzburg is continuing to interrupts the smooth running of government. The row centres about responsibility for the investment of taxpayers money in risky financial investments and the possible loss of several hundred million euros. In advance […]
EVN turnover slides
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The turnover of electricity and gas provider EVN AG has dropped slightly, new figures show.The Lower Austrian company said today (Thurs) it achieved a turnover of 1.63 billion Euros in the first half of the 2010/2011 business year, 0.3 per cent less than in the same period of the previous business year.EVN added that its […]
Loss-making JoWooD seeks investor
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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 […]
Betbull losses in decline
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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 […]
Merger to happen on schedule, says Bwin
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Bwin bosses have rubbished speculations that the firms merger with a key rival was suddenly in doubt.Business media reported recently that plans to cooperate with British competitor PartyGaming from next year have been hampered by delays in Bwins bid to start doing business in several new countries.The Austrian firm has been confronted with differing federal […]
EVN completes capital increase
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Energy producer EVN AG has finalised its capital increase.The Lower Austrian company, which is listed on the Vienna Stock Exchange (WBAG), said today (Mon) it expected proceeds from the move to be around 180 million Euros.The Lower Austrian government is the main stakeholder in the Maria Enzersdorf-based firm with a 51 per cent interest.German energy […]
Quanmax equity and earnings jump
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Notebook producer Quanmax has managed to raise its equity in the first three quarters of this year.The Upper Austrian company, which was formerly named Gericom, announced today (Thurs) that its equity soared from 18.1 million Euros in December 2009 to 32.7 million Euros. This amount means the firm currently has an equity ratio of 52 […]
DO&CO turnover takes off
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Austrian caterer DO&CO managed to raise its turnover and earnings in the first half of the current business year.The company, which is headed by Attila Dogudan, said today (Tues) its turnover soared by 21 per cent year on year between April and September 2010 to 222.7 million Euros. It added earnings before interest and taxes […]