GTI fanatics shipwrecked

General News

German GTI fans had a lucky escape after capsizing in a motorboat on a lake in Austria.The group of four men – in the southern province of Carinthia to visit the annual Volkswagen (VW) Golf GTI meeting – made it to the shore after their boat sank at Wörther Lake (Wörther See) yesterday evening (Tues).The […]

Crisis clouds force Xolar into bankruptcy


An Upper Austrian producer of solar collectors has gone bust, it emerged today (Mon).The Austrian Creditors’ Protection Association (KSV 1870) said Eberstalzell-based Xolar had debts of nearly four million Euros. KSV 1870 added that 74 employees and 100 creditors were affected.Xolar was taken over by Upper Austrian Greiner Group (Greiner Technology & Innovation, GTI) last […]