The Constitutional Court (VfGH) has rebuffed Heinrich Staudinger, the shoe and furniture producer from Waldviertel (Lower Austria). The businessman believes that businesses should be independent from bank loans and freed from debt. The examination of his complaint was rejected. Since 1999, Mr Staudinger has been able to collect 3 million euros from family, friends and […]
In an ongoing battle with the Austrian Financial Market Authority (FMA) over crowdfunding the shoe entrepeneur Heini Staudinger has said that he will not back down and he is prepared to go to prison. Staudinger believes that businesses should be independent from bank loans and freed from debt. Since 1999 he has been able to […]
A group of leading businessman has publicly backed OMV boss Wolfgang Ruttenstorfer who faces legal action for alleged insider trading.The entrepreneur, who has headed the oil and gas company since 2002, will be in court in January after the state prosecution decided to press insider dealing charges.Ruttenstorfer acquired OMV stakes worth 632,000 Euros in March […]