BMW X6 gets flat packed by Romanian thieves

Categories
General News

Romanian car thieves who were moving their loot through Austria and into Hungary are under arrest after being stopped on their way back to their homeland with a dismantled top-of-the-range BMW X6 car in the back of their truck. Police said the crooks had just crossed into Hungary from Austria when they were pulled over […]

Cops Bag Transylvanian Garlic Thieves

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General News

Austrian police have arrested five men from Transylvania who travelled to Spain to steal 9.5 tonnes of garlic. The men needed three large vans to transport the cargo, all of which were stacked to the very top with the stolen garlic cloves. Officers at the border crossing from Austria into Hungary said they had smelt […]

Hungary limits boat traffic on the River Danube

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General News

By John Leo Moberg Hungary’s new law limiting the number of cargo barges allowed on the Danube has been in effect since the end of April to the annoyance of the Austrian Chamber of Commerce. The limit on cargo barges on the River Danube in Hungary has been in effect since the end of April […]

Strabag turnover soars thanks to EE

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Business

Two of Austria’s leading construction companies had good and bad news for shareholders in the past few days. Strabag SE, the country’s busiest building firm, said it achieved a turnover of 13.7 billion Euros in 2011. This is an improvement of 11 per cent compared to 2010. The company’s earnings before interest and taxes (Ebit) […]

Finance sector salary increase sealed

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Finance

Financial sector staff will get more from next month, it has been announced. Negotiators agreed about an income increase of 3.47 per cent on average yesterday (Thurs). The decision came after clerks were given the all-clear by the Federal Trade Union (ÖGB) to down tools in an attempted pressure increase. They initially called for a […]

OeNB boss criticises credit rating agency

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Finance

The head of the Austrian National Bank (OeNB) has questioned Moody’s decision to lower the outlook on the Austrian economy’s further development. OeNB Governor Ewald Nowotny said yesterday (Tues) that the government’s 27-billion-Euro budget consolidation package “is a step into the right direction”. He said the rating agency may not have considered the coalition’s measures […]

Greek bankruptcy worse than Lehman, says Trittin

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Politics

Jürgen Trittin has warned of more dramatic effects than after the collapse of Lehman Brothers if Europe allows Greece to go bust. The influential German Green Party official told Austrian newspaper Die Presse today (Tues) he was certain an insolvency of the struggling Southern European country would have a more serious impact on developments on […]

BMW almost 120 kph over speed limit

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General News

Police in Burgenland are investigating against a driver from Hungary for doing more than 200 kilometres per hour (kph).Officials in Oberwart said today (Mon) the BMW was caught travelling at 218 kph near Schachendorf by a radar trap on a 100 kph limit main road yesterday. Austrian police have already contacted their colleagues in bordering […]

Duo caught stealing over 800 chocolates

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General News

Police officers in Vienna discovered more than 800 bars of chocolate in a thieving duo’s car, it was announced today (Fri).Officials said policemen increasing their presence in the district of Wieden checked two men’s vehicle after the pair were spotted visiting several supermarkets in little time.The officers – members of a special anti-crime group called […]

Hirsch Servo turnover climbs

Categories
Business

Glanegg-based machine manufacturer Hirsch Servo AG has achieved a significant turnover increase.The Carinthian company said today (Fri) that its turnover improved by 20 per cent to 47 million Euros in the first half of the 2010/2011 business year. Its earnings before interest and taxes (Ebit) reached 620,000 Euros after losses of 2.19 million Euros in […]