ÖBB unionist quits

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Business

Federal Railways (ÖBB) works council boss Wilhelm Haberzettl has decided to retire. The Social Democrat (SPÖ) announced on Saturday it was “time for a change. Younger talents should come forward.” Haberzettl said he would quit as head of the ÖBB staff representation on 22 November. The 56-year-old left-winger added he had no plans to retire […]

Strabag boss rules out further Swiss takeovers

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Business

The head of Austrian construction sector top dog Strabag SE has rejected claims it was aiming for more acquisitions in Switzerland. Hans Peter Haselsteiner said today (Thurs) his company would not launch another attempt to take over Implenia. Strabag – Austria’s biggest building company – previously tried to grab a majority share in the firm. […]

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 […]

Strabag denies Sochi building work delays

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Business

Strabag SE chief Hans Peter Haselsteiner has rubbished speculations construction projects in 2014 Olympics host city Sochi are running late.The businessman’s company is just one of a string of Austrian firms which were assigned to carry out building and infrastructure projects in the Russian Black Sea resort.Haselsteiner told the Kurier newspaper today (Thurs): “We are […]

ÖBB rival Westbahn hopes for profits after five years

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Business

Westbahn boss Stefan Wehinger has said he hopes to make a profit five years after the new railway firm goes into operation.Wehinger said today (Tues): “We expect to achieve operative profits after five years. I have to say that I think many of those who have been in the business for a long time are […]

Strabag bags another Abu Dhabi order

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Business

Austrian construction top dog Strabag SE has won a second major assignment in Abu Dhabi within two months, it has been revealed.Company CEO Hans Peter Haselsteiner announced today (Weds) Strabag’s German subsidiary Züblin held 47.5 per cent of the assigned consortium, adding that the port construction project had a value of 105 million Euros.The new […]