Austria’s third-biggest construction company has warned its shareholders of potential losses. Porr AG announced today (Thurs) it might suffer a loss of 70 to 80 million Euros before tax by the end of this year. The firm said it was challenged by write-offs in Eastern European (EE) countries like Hungary and Romania where state-owned institutions […]
An affiliate of Strabag SE has achieved a multi-million Euro assignment in Oman. The Austrian construction company said yesterday (Thurs) its Arabian subsidiary company would build a new port in Duqm, a port city in Oman, for 150 million Euros. The deal features the construction of numerous shipyards but also main roads, Strabag explained, adding […]
A new Viennese hotel set to start business will also feature apartments, it has been revealed. Bosses of the Park Royal Palace – which will open next Tuesday (11 October) – confirmed speaking to the Kurier newspaper today (Weds) that the four-star hotel will include flats. The businesspeople explained that the apartments were located on […]
More interest by Russians and Swiss have helped the Viennese tourism sector to celebrate a new record. The city’s hotels counted 1.185 million overnight stays last month. Officials pointed out yesterday (Weds) Vienna had never recorded more stays by tourists in that month ever before. Thirty per cent more overnight stays by Russians and a […]
A Tyrolean real estate developer intends to invest tens of millions of Euros into an estate at one of Italy’s most beautiful lakes. Rene Benko announced on Sunday he decided to spend 65 million Euros on the creation of a building complex featuring villas, terraced houses and apartments at Lake Garda. Tenants will be able […]
Words and Pictures by Glen Sweeney We had been promising ourselves a trip to Bratislava on the Twin City Liner since its inauguration but somehow never got around to it. So, this summer with gritted determination we set out to commit to a date and even went so far as to book our tickets and […]
An Austrian teenager collapsed and died in a hotel room in the United States, it has emerged. The 16-year-old from Wiesen in the eastern Austrian province of Burgenland visited New York City with his family. He passed out in their suite at the weekend. Paramedics failed to save his life. Peter Launsky-Tieffenthal, a spokesman for […]
In 1875 Prince Johannes II of Liechtenstein decided to visit Austria where he had a hunting estate. The event might have gone unnoticed had it not been for a meeting he had with members of a local Alpine Association. They had become fascinated by a spectacular gorge (the deepest in Europe as it later turned […]
A gang of thieves deactivated a hotel’s alarm system before making off with its safe, it was reported today (Thurs). The crime occurred in Tannheim, Tyrol, on Tuesday night. The burglars apparently used one of the hotel’s own luggage trolleys to get the safe – containing thousands of Euros in cash – outside the building.
One of the most memorable stories I ever had out of Austria when I worked as a correspondent for the Daily Telegraph was the discovery that Mickey Mouse had appeared in a 700-year-old fresco on a church wall in Carinthia. I remember the story well because it was so unbelievable – but sure enough when […]