AUA: 35 Million Euro loss

Categories
Business

Austrian Airlines (AUA) made a loss of 35 million Euro in the first half of this year (2013) despite making a profit in the second quarter. The operating profit of 21 million Euro in the second quarter was not enough to balance out the 35 million Euro loss in the first quarter. Thus making a […]

New furniture at Viennas Museumsquartier

Categories
General News

New furniture has been put out ready for the summer at the Museums Quarter (Museumsquartier, MQ) in Vienna. The summer furniture is blue this year – as voted in an online-poll last February. For the first time, there are also parasols for the popular lounging seats. These can be rented from the Aloha Bar daily […]

Airpower air show damaging the environment, says Green Party

Categories
Green Austria

The 2013 Airpower air show due to take place later this month in Aichfeld (Styria, Murtal district) has come in for criticism from environmentalists. According to the Green Party, up to 300,000 litres of kerosene will be used during the event, polluting the atmosphere. Green Party spokesman Erwin Webersink said: “At the very least, 150,000 […]

OMV sees 4 per cent boost

Categories
Business

The listed oil producing company OMV increased its revenue in the first quarter of 2013 by 4 percent to 10.8 billion Euros compared to the same quarter of last year. The company not only managed to increase the revenue but also the net surplus by 52 percent to 951 million Euros. However, the surplus before […]

Wolford facing a tight budget

Categories
Business

The listed Vorarlberg tights and lingerie manufacturer Wolford ended up making in the first quarter double the losses made in the same quarter last year. The deficit increased from minus €1.8 million to minus €3.2 million. In comparison with the EBIT results however turnover increased significantly by 4.1% to €33.1 million. That was due to […]

Paszek in Wimbledon quarter final

Categories
Sports

Austrian tennis star Tamira Paszek has reached the quarter finals of the Wimbledon championship after claiming victory over Roberta Vinci on Monday. The currently ranked world number 37 Paszek, 21, from Dornbirn in the Austrian province of Vorarlberg won against Italian Vinci 6-2 6-2 after 63 minutes of play. She is now the first woman […]

Verbund shows signs of improvement despite uncertain economic conditions

Categories
Business

Austrian electricity company Verbund has presented a positive business development for the first quarter 2012 in spite of what it described as a “challenging market and industry environment”. Revenue, operating result and Group result were all significantly improved due to the good water supply and higher average sales prices. Verbund continues to invest consequently in […]

Black Wings snatch title

Categories
Sports

Black Wings Linz have won the EBEL Ice Hockey League. The Upper Austrian team beat KAC 3-1 in the fifth match of the best of seven series on Sunday. Black Wings managed to win the trophy back in 2003. This season’s triumph followed a humiliating exit in the quarter final of last year’s EBEL league.

Austrian victories in EBEL semi final

Categories
Sports

Austria’s EBEL Hockey League semi final contenders celebrated victories last night (Tues). Carinthian team KAC crushed Zagreb in the first match of the best of seven series. The championship record holders won the clash 4-0 away from home. Several players engaged in a fistfight in the second quarter of the match. Black Wings Linz – […]

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 […]