Poor interest rates mean Austrians save less

Categories
Finance

A growing number of Austrians see no sense in saving money due to less attractive interest rates, a survey has shown.Market and opinion research company IMAS said today (Mon) 41 per cent of Austrians considered saving money as “very important”, down by eight per cent year on year.IMAS also found that Austrians save an average […]

Vienna retains spending power spot

Categories
Business

Vienna is among the world’s top 25 cities in spending power, a global study has found.Swiss bank UBS announced today (Thurs)  that Vienna had retained 24th place in its international spending power survey. The institute added that the Swiss cities of Zurich and Geneva were in first and second places, respectively, ahead of New York, […]

Weed-killing farmer zapped by 25 KV line

Categories
General News

A Tyrolean farmer died instantly when his tractor touched a high-power line today (Weds).Officials in Weer in the province’s Schwaz district said the man, 49, was spraying herbicides on weed in his fields when his tractor’s trailer got entangled with a 25 kilovolt (KV) line. The farmer died on the spot, they added.Dozens of households […]

German €20mn order for A-TEC Industries

Categories
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 […]

Landing InterSky plane touches power line

Categories
General News

InterSky bosses have said their technicians will cooperate with Italian officials to investigate an incident that had occurred during the landing of one of their jets on the island of Elba.No one was injured when a Dash 8-300 propeller plane coming from Zurich, Switzerland, touched a power supply line as it was landing on Saturday […]

OMV’s Petrom reveals €100mn wind power investment

Categories
Business

OMV’s Romanian subsidiary Petrom is investing 100 million Euros in wind power production, it was announced today (Thurs).Petrom said it acquired the company SC Wind Power Park SRL, which owns a fully authorised wind power generation project, in the south-eastern Romanian town of Dobrogea with a designated capacity of 45 megawatt.Petrom will built and operate […]

WWF warning over hydroelectric plants

Categories
Green Austria

By Lisa ChapmanThe WWF has warned against the construction of more hydroelectric plants in Austria as it says the country’s rivers are in a “dramatic” state.Christoph Walder, the head of the international environmental group’s campaign “Rivers Full of Life” said today (Tues): “As long as there is no good analysis of Austria’s water-power potential, it […]

Nuclear plant expansion protest backed by 204,000 Viennese

Categories
Green Austria

By William GreenMore than 200,000 Vienna residents have signed a petition against the controversial expansion of a nuclear power plant in Slovakia, a city councillor has claimed.Social Democratic (SPÖ) environmental councillor Ulli Sima, who had started postcard and online campaigns against its expansion, said today (Thurs) that 204,162 people had signed the petition.She said: “We […]