Markus Beyrer, the general secretary of the Federation of Austrian Industries (IV), has been appointed as the new head of Industry-Holding Stock Corporation ÖIAG.ÖIAGs supervisory board unanimously voted for Beyrer yesterday afternoon (Tues). Around 40 businesspeople applied for the post, according to reports. Former Telekom Austria (TA) and VimpelCom boss Boris Nemsic was the only […]
OMV boss Wolfgang Ruttenstorfer has been found not guilty of insider trading.The former Social Democratic (SPÖ) state secretary faced three years in jail over suspicions he benefited from insider knowledge in a controversial stock purchase.Ruttenstorfer, who has headed the oil and gas company since 2002, acquired 26,500 OMV stakes worth 632,000 Euros in March 2009. […]
Verbund AG boss Wolfgang Anzengruber has said he does not expect energy prices to decline in the foreseeable future.The businessman said today (Mon): “I dont see chances for any changes at the moment. Energy trading prices were low recently, but are currently edging up again.”Verbund angered consumer representatives in May by raising the price for […]
A man found dead at a building site was a homeless person who died from serious head injuries sustained in a fall, police in Graz have said.The body was discovered by a businessman who was interested in setting up an office on the site. Officials announced today (Thurs) that the dead person was a homeless […]
One of Austrias leading energy providers is to get a new chairman as Burkhard Hofer announced he has decided to step down as head of EVNs executive board.The Lower Austrian company announced today (Weds) that the 66-year-old asked the supervisory board to release him from his position next month. EVN explained that its supervisory panel […]
Austrian businessman Wolfgang Ruttenstorfer has decided not to reapply for a place on the supervisory board of Swiss healthcare company F. Hoffmann-La Roche Ltd. (Roche).Ruttenstorfer, who has headed Vienna-based oil and gas group OMV for eight years, entered Roches supervisory board in 2007. The Swiss health industry giant will decide on who will follow the […]
Infineon Austria head Monika Kircher-Kohl has joined the supervisory board of Siemens Austria.The company, a subsidiary firm of German technology and health industry firm Siemens AG, said today (Mon) that Kircher-Kohl and Austrian Industries (IV) General Secretary Markus Beyrer will succeed Albert Hochleitner and Johann Haider.Infineon Austria, the Austrian branch of German semiconductor producer Infineon […]
Outgoing Lufthansa chief Wolfgang Mayrhuber has launched a scathing attack at Vienna International Airport (VIA) and stressed that Austrian Airlines (AUA) must stop making losses.The businessman, who will be succeeded by Christoph Franz as head of the leading airline next month after seven years in charge, said yesterday (Thurs) VIA had the “highest possible […]
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 […]
Rolling Stones legend Keith Richards has spoken out on the infamous Fiji Islands palm tree fall incident in which he reportedly sustained serious injuries four years ago.The guitarist told Austrian magazine News: “I know it has been claimed that that thing was a palm tree. But the truth is that I sat down on a […]