By Rob Hyde in Vienna Former Immofinanz director Kark Petrikovics and ex-lobbyist Peter Hochegger are set to appear in court in a row over illegal commissions from the sale of state owned properties. The hearing, centred around the alleged commissions received of 9.9 million Euro paid during the privatisation of construction giant, Buwog, are now […]
Former Freedom Party (FPÖ) Finance Minister Karl-Heinz Grasser has denied any wrongdoing regarding the sale of real estate management company BUWOG. The enterprise – which manages more than 60,000 apartments – was privatised in 2004 when Grasser headed the finance ministry. Ex-FPÖ General Secretary Walter Meischberger and marketing expert Peter Hochegger, who used to be […]
Three months ago ÖVP Finance Minister Fekter wanted to sell the Federal Railways (ÖBB), now the ÖVP is pedalling back. The Wirtschaftsblatt newspaper cited ÖVP spokesperson for traffic affairs, Martin Bartenstein, today (Fri) as saying: “The ÖBB and privatisation is like the devil and the holy water.” He added that privatisation could not even be […]
Austrian Federal Railway (ÖBB) subsidiary MAV Cargo is changing its name to Rail Cargo Hungaria, it was announced yesterday (Thurs).ÖBBs freight division Rail Cargo Austria (RCA) acquired MAV Cargo in 2008.RCA chief Friedrich Macher said: “Rail Cargo Hungaria will play an important role in combined traffic in southeastern European countries and strengthen RCA in the […]