Swarovski invest in India

Categories
Business

Austrian crystal maker Swarovski has snapped up a share in the Indian jewellery firm Tara Jewels. According to information from inside the company the deal was signed in December by the Swarovski investment firm Crystalon Finanz AG based at Meilen in Switzerland. The jeweller based in Mumbai employs 1,740 staff and has 30 stores in […]

Austrian Royals on India honeymoon

Categories
General News

Archduke Imre of Austria and his newly-wed wife Archduchess Kathleen Katie Walker are currently honeymooning in India. After visiting the Taj Mahal in Agra and the neighbouring town of Fatehpur Sikri, the royal couple – who had arrived Delhi last week – were spotted exploring the pink city. Although officially Austria has no royal family […]

Lenzing turnover skyrockets

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Business

Cellulose fibre maker Lenzing AG raked in more than one billion Euros in the first nine months of this year.The company said today (Tues) that its turnover soared from 885 million Euros in the first three quarters of 2009 to 1.29 billion Euros in the same time period of this year.The firm, which is based […]

AUA angered about brothel posters at VIA

Categories
Business

Austrian Airlines (AUA) co-chief Andreas Bierwirth has launched a scathing attack on Vienna International Airport (VIA).Bierwirth said today (Weds) “certain aspects” of the airport were “abysmal”.”Passengers experience the airport as part of our own services,” he explained.Asked what he was especially unhappy about, the businessman mentioned advertisement posters for brothels in VIA’s arrival area. Bierwirth […]

KTM recovery continues

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Business

Motorbike producer KTM Power Sports AG has all chances of being back in the black this business year after seeing a rise in earnings in the first quarter.Stefan Pierer, head of the firm with headquarters in the Upper Austrian town of Mattighofen, said today (Fri) its earnings before interest and taxes (Ebit) in the third […]