Sweet success for Schwedenbomben planned

Categories
Finance

The owners of the popular sweet manufacturers Schwedenbomben recently rescued from insolvency after it was sold to Heidi Chocolat S.A. are planning to invest heavily to allow for expansion into new markets. The new owners say that the expansion plans mean that they are hoping to increase production by 70% and that means that even […]

Styrias Andritz in 50 Millionen-Euro deal with China

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Business

The Styrian mechanical engineering firm Andritz has secured a 50 million Euro deal in China. The stock-listed company is to deliver ovens and equipment for the “Tangshan Iron and Steel Group”. The new tempering lines are for the production of highly resistant steel goods to be used in the automobile industry. The Styrian firm will […]

Microorganisms as powerhouses for electricity storage

Categories
Green Austria

An innovative process for storing electricity generated from renewable energy sources is now market ready, a fourth patent application having been filed. The process, which was developed by Austrian company Krajete GmbH and is based on microorganisms, enables a highly efficient and environmentally friendly conversion of climate-damaging CO2 and hydrogen into – storable – methane. […]

Teachers to get hands on training on farms

Categories
Education

Future teachers will get their knowledge directly from farms. Students of teacher training colleges will learn practical things about how modern agriculture works. They will be able to teach their future students. The project “School on Farms” has already been established. Future teachers will now go to farms in order to fill gaps in their […]

Sensational space odyssey now on stage

Categories
Culture

Alexander Wiegold’s attempt to create a gripping stage version of Stanislaw Lem’s famous novel “Solaris” can be considered as a full success. All members of the cast of the theatre production – now on at the Burgtheater’s Vestibül stage – perform on a high level but it is Oliver Masucci’s engagement which sticks out. Masucci […]

OMV demands EU gas commitment

Categories
Business

The head of Austria’s leading oil and gas company has appealed to political leaders to take a stand for gas as a key future source of energy. Gerhard Roiss, who has headed OMV AG since 2011, told the Kurier newspaper that the European Union (EU) should make clear whether it supported the search for and […]

Semperit braces for activity decrease

Categories
Business

Semperit boss Thomas Fahnemann has said he expected next year to be “significantly more difficult”. Fahnemann told the Kurier today (Tues) the economy would not suffer as dramatically as in 2009. However, the German businessman warned that the economic environment might worsen next year compared to 2011. Semperit is a leading manufacturer of medical gloves, […]

Aston Martin Rapide production to move to UK

Categories
Business

The first ever Aston Martin manufactured outside Great Britain will be produced at the carmaker’s headquarter facility from next year, it has emerged.The British company announced yesterday (Tues) it decided not to continue the cooperation with Austrian-Canadian company Magna International (Magna). The firm – which was founded by Austrian businessman Frank Stronach in the 1950s […]

OMV profit jumps despite Arab uprisings

Categories
Business

Energy sector giant OMV AG has managed to increase its turnover and profit although it was forced to scale back its activity at some of its most crucial production and exploration sites due to the unrest in the Arabian world.OMV said today (Weds) its turnover soared by 53 per cent to 8.07 billion Euros from […]

Stiegl to go green

Categories
Business

Stiegl has revealed ambitions to become a “sustainable” brewery in the coming years.The Salzburg-based enterprise said today (Thurs) it aimed to use waste materials of its production to generate energy at the facilities. Speaking to the Kurier newspaper, the brewery also presented plans to switch to solar electricity production at the site.Stiegl, which produces around […]