Garden furniture maker goes bust

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Business

More than 120 people may lose their jobs due to the bankruptcy of an Upper Austrian company. The Oberösterreichische Nachrichten (OÖN) newspaper reports today (Thurs) that Acamp will soon start a final clearance sale. The paper claims all measures to keep the firm afloat have failed. Acamp, which specialises in manufacturing garden furniture, filed for […]

Basel III fears over positive bankruptcy trend

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Business

The Austrian economy seems to reassert itself, new figures presented by a creditors’ protection organisation show. The Creditors’ Protection Association of 1870 (KSV) said today (Weds) that 1,672 companies declared bankruptcy in the first half of this year. This is a three per cent decrease compared to the first six months of 2010, according to […]

Austrian paedophile jailed in Spain

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General News

An Austrian pensioner has been sentenced to more than four years in jail for molesting kids and possessing underage pornographic material by a court in Spain.Judges heard how Rudolf C. lured the boys – a neighbour, 14, and his nine-year-old nephew – into his villa in San Juan de Alicante at the Costa Blanca for […]

Billa price hikes ahead

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Business

Bosses of leading supermarket chain Billa have revealed plans to raise some prices.Billa board member Josef Siess said today (Fri) it would be “illusory” not to implement increases considering current international developments. Various foodstuff and raw materials have become more expensive in the past months, developments speculators have been accused of by many economists and […]

Rosenbauer’s flame less bright

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Business

Upper Austrian fire truck and fire-fighting equipment producer Rosenbauer International AG (Rosenbauer) has suffered a slight setback.The company’s earnings before interest and taxes (Ebit) declined by 15 per cent to 6.9 million Euros from the first three months of 2010 – when the firm did extraordinarily well – to the same time span of this […]

Ottakringer output stable

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Business

Viennese brewery Ottakringer AG achieved a turnover beyond 45 million Euros in the first quarter of this year.The company said today (Thurs) it managed to improve its turnover from 34.39 million Euros between January and March 2010 to 45.45 million Euros in the same time span of 2011. However, Ottakringer pointed out that its turnover […]

Public transport CCTV checks collar 70 felons

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General News

Dozens of criminals were caught after police were provided with footage from CCTV installations set up at public transport stations and in underground trains in Vienna in the first three months of this year.Public transport agency Wiener Linien announced today (Weds) that 70 offenders were punished after police investigators checked footage from surveillance cameras tracked […]

Passenger decline brings AUA down to earth

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Business

Austrian Airlines (AUA) had its wings clipped in the first three months of this year.The airline announced yesterday (Mon) that it served 2.1 million passengers between January and March, down by one per cent compared to the first quarter of 2010. AUA added that it had 797,500 customers in March, around 2.4 per cent fewer […]

Skylink scandal searches in Vienna and Lower Austria

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Business

The apartments of former Vienna International Airport’s (VIA or VIE) managers in Vienna and Lower Austria have been searched by prosecutors, it was confirmed.Klosterneuburg prosecutors announced that search warrants were executed at two homes of former VIA decision-makers and businesspeople assigned to create a new terminal called Skylink this morning (Tues). They added that several […]

Tobacconist struck down with stun gun

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General News

A clerk at a tobacconist’s suffered minor injuries when she was attacked by a robber with an electroshock gun.The criminal – who is being sought by police – asked the woman to unlock a glass showcase of lighters before striking her down with a stun gun. The 43-year-old bit the robber in the hand after […]