Italian ‘no stops’ order upsets ÖBB

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Business

Struggling Federal Railways (ÖBB) is facing more trouble as Italian officials want to ban its trains from stopping in all but their final destinations.Italy’s railway regulator URSF announced yesterday (Thurs) the EuroCity trains of ÖBB and Germany’s Deutsche Bahn (DB) will not be allowed to halt at any stations expect their final stops in the […]

HTI earnings recovered in first nine months

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Business

Technology firm High Tech Industries AG (HTI) is back in the black.The company headed by Peter Glatzmeier said today (Thurs) its earnings before interest and taxes (Ebit) were 3.3 million Euros in the first three quarters of this year. HTI suffered losses of 21.4 million Euros in the same period of 2009.Its earnings before interest, […]

German €20mn order for A-TEC Industries

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Business

A-TEC Industries has been ordered to deliver devices for a new power plant in Germany.The Vienna-based firm said today (Fri) its subsidiary AE&E will produce and deliver three waste heat boilers worth more than 20 million Euros to the combined cycle power plant in Stade, Lower Saxony.A-TEC Industries, which is headed by Viennese investor Mirko […]