Booming Poland boosts Strabag

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Business

Strabag SE has said it is “cautiously optimistic” for the remainder of this year due to a “construction boom” in Poland.The Vienna-based company – Austria’s leading building firm – announced today (Thurs) it expected to benefit from the strong economy in Poland and positive developments in Germany.Strabag explained it experienced a strong increase of assignments […]

ECO Business earnings soar up

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Business

Real estate company ECO Business-Immobilien AG (ECO Business) has managed to double its earnings.The firm, which has its headquarters in Vienna, said today (Tues) its earnings before interest and taxes (Ebit) climbed from 12.4 million Euros in 2009 to 29.4 million Euros the next year. ECO Business added it made a profit of 9.1 million […]

IRE snatches Austrian hotels

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Business

Leading hotel chain NH Hotels has sold two resorts in Austria in a bid to reduce its debts.Spanish media report today (Fri) that the Madrid-based company sold its hotel in Salzburg and at Vienna International Airport (VIA) to German firm Invesco Real Estate (IRE). The company, which has its headquarters in Munich, also acquired three […]

Goat milk soap set to go on sale in Austria

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Business

A Serbian family business manufacturing soap from goats’ milk has revealed plans to enter Austria.Company chief Zeljko Zeljkovic from Kikinda said today (Mon) he wanted to export his product to Austria and Germany in the near future as business in his homeland has been prospering.Zeljkovic explained he started to make the special soap based on […]

German police arrest Austrian over drug stash

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General News

An Austrian travelling on a coach from London to Budapest has been put in custody in Germany after police discovered drugs in his luggage.Officials in Deggendorf in the German state of Bavaria announced today (Mon) that the 25-year-old man from Linz in Upper Austria was on a coach connecting the capitals of Great Britain and […]

Palfinger supervisory board changes ahead

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Business

The supervisory board of crane producer Palfinger AG is going to hand control over to the next generation as two members will be replaced my much younger counterparts.The firm, which has its headquarters in Salzburg, said today (Weds) that Hannes Palfinger, 37, and Stiegl brewery boss Heinrich Dieter Kiener, 54, will join the panel next […]

National team ticket trio a top seller

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Sports

Special ticket packages for Austria’s upcoming Euro2012 qualification home matches are selling like hot cakes, it has been reported.More than 35,000 of the sets of tickets which give fans the chance to watch the team play against Belgium (25 March), Germany (3 June) and Turkey (6 September) have already been sold, the Austrian Football Association […]

Strabag upbeat despite less activity

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Business

Strabag SE chief Hans Peter Haselsteiner is optimistic despite a decline in building activity.Haselsteiner said today (Mon) that his Vienna-based construction company carried out assignments worth 12.78 billion Euros last year, down by 1.9 per cent compared to 2009.He said: “We will be able to increase our performance by five per cent to 13.5 billion […]

Driver never had a licence

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General News

An Austrian who never took a driving test faces charges for breaching traffic rules after being caught behind the wheel on Sunday.Asked by traffic police for his licence in Ruhstorf an der Rott, Germany, near the Austrian border, the 51-year-old man admitted that he has never possessed one. Bavarian traffic officials contacted their colleagues in […]

T-Mobile Austria presents German rate

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Business

Another company has adapted its product range in view of sociological trends as T-Mobile Austria offers a contract aimed at the German community in Austria.The firm said today (Mon) its 19-Euro “Hit Germany” contract model for mobile phones features 1,000 free minutes of calls and 1,000 free text messages from Austria to Germany.The rate is […]