The Austrian government coalition has decided to inject more than 30 billion Euros into Federal Railways (ÖBB). Werner Faymann’s Social Democrats (SPÖ) and the team of People’s Party (ÖVP) ministers agreed yesterday (Weds) to support the railway company with 33 billion Euros. The money will be invested in the coming years. The subsidisation is supposed […]
A new private university in Vorarlberg on the location of the former cheesemaking firm Rupp in Lochau may now not go ahead. The reason is a disagreement between the project managers and the local council. The disagreement is so serious that the project managers have now withdrawn their request for approval of the University back […]
The new owner of struggling supermarket chain Zielpunkt has rubbished rumours that he plans a sale. Business newspapers are speculating about a sale of the firm in the foreseeable future due to stagnating earnings and decreasing turnover. Zielpunkt has 300 stores in Austria. Most of them are situated in capital Vienna. The enterprise has around […]
Waitress Stephanie Panner, 19, is taking her employer to court after she was fired when another colleague posted a critical comment about their employer on her Facebook wall. The waiter had posted a comment on Stephanie’s page when she was not even on the social networking site and never saw the message before getting a […]
Austrian investors who cooperated with Telekom Austria (TA) are facing fraud investigations. Magazine profil reported in its online edition yesterday (Thurs) that anti-corruption investigators started examining the actions of billionaire Martin Schlaff and former People’s Party (ÖVP) chief Josef Taus, one of Austria’s busiest investors. TA benefited from Schlaff’s engagements in Bulgaria where the Austrian […]
Rewe Austria has managed to increase its market share, according to a report issued by the company. Rewe Austria boss Frank Hensel said yesterday (Thurs) that his firm – which manages leading supermarket Billa, discounter Penny and other chains – had a domestic market share of 35 per cent last year. “We managed to keep […]
The Federal Trade Union (ÖGB) has been accused of “betrayal”. Dozens of Tyrolean Airways (Austrian Arrows) employees organised a demonstration outside the ÖGB’s Viennese headquarters yesterday (Tues) to make themselves heard. Works council officials complained that the ÖGB considered their firm as nothing but a pawn in the game as the feud between the executive […]
Red Bull managed to sell more than 4.6 billion cans of its trademark drink last year, it was announced yesterday (Weds). The company – which has its headquarters in Fuschl near Salzburg – said 4.63 billion cans of its energy drink were purchased across the world in 2011, 11.4 per cent more than in the […]
Federal Railways (ÖBB) works council chief Roman Hebenstreit has called on company bosses to show more honesty regarding the firm’s workforce level and staff salaries. Hebenstreit said on Saturday ÖBB continued cooperating with external enterprises about various services such as security at railroad construction sites while planning to lower the number of ÖBB staff by […]
A leading airline caterer will soon provide food for Federal Railways (ÖBB) customers, according to a newspaper. Die Presse reports today (Weds) that ÖBB picked DO&CO to manage on-board catering services of its long-distance trains from April. The state-funded railway company and the Viennese gastronomy enterprise were unavailable for comment. ÖBB is expected to reveal […]