Grasser was in Asia, not Switzerland says FORMAT

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General News

By Rob Hyde Although Grasser claims he received 500,000 Euros in cash from his mother-in-law in Switzerland, he had flown with AUA to the Far East at the time, says FORMAT magazine. Its article says former finance minister Karl-Heinz Grasser was in Nepal and Peking in the same period he says he was in Switzerland. […]

ÖBB hit by €180,000 brand name purchase revelation

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Business

A controversial lobbyist raked in hundreds of thousands of Euros by getting Federal Railways (ÖBB) to buy the trademark rights for a registered name from him, an opposition politician has claimed. Peter Pilz, a member of the federal parliament (MP) of the Green Party, announced yesterday (Tues) he obtained a firm-internal audit report exposing the […]

Immofinanz on road to recovery

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Business

Vienna-based real estate firm Immofinanz managed to keep its turnover stable in the first three quarters of its 2009/2010 business year (1 May to 30 April).Company officials said today (Weds) it had had turnover of 552.8 million Euros, down by just 0.47 per cent compared to its turnover during the same period of its previous […]