The Czech newspaper Mlada fronta Dnes reported that Austrian firm Steyr-Daimler-Puch Spezialfahrzeuge (SSF) had bribed Czech politicians to secure a tank deal.The newspaper said the deal was the Czech Defence Ministrys purchase of 107 Pandur II light wheeled tanks from SSF for 538 million Euros in March 2009.It added that one of its journalists posing […]
Tag: firm
Cosmos is bankrupt
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Austrian consumer electronics chain Cosmos is bankrupt after failing to obtain a forced settlement with creditors, according to the Alpine Land Credit Protection Association (AKV).It said prospective investors had decided to take a significantly reduced part of the Cosmos chain, 10 of its 27 stores would be closed and 400 workers would lose their jobs.Bankruptcy […]
UNIQA sees drop in earnings
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Insurance firm UNIQA today (Tues) reported a drop in operating earnings.The company said its operating earnings had fallen 9.5 per cent from 90 million Euros in 2008 to 81.5 million Euros in 2009.It added, however, that its 39.5 million Euros in operating earnings in the fourth quarter of 2009 had been the highest quarterly figure […]
Polish lorry thief arrested
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Polish police used a signal from a black box in a stolen lorry to locate and arrest a Polish man yesterday (Weds) who had burglarised a car repair firm in Strasshof an der Nordbahn in Lower Austrias Gänserndorf district Tuesday night.Lower Austrian police said today the man had driven the lorry loaded with items stolen […]
By David RogersThe Vienna insurance firm Allianz has called for more environmentally-friendly car repair.Firm board member Johann Oswald said today (Thurs) that a study by the Karlsruhe Institute for Technology in Germany had shown that smaller repairs instead of the installation of new spare parts resulted in significantly lower emissions of greenhouse gases.Oswald said such […]