BMW X6 gets flat packed by Romanian thieves

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General News

Romanian car thieves who were moving their loot through Austria and into Hungary are under arrest after being stopped on their way back to their homeland with a dismantled top-of-the-range BMW X6 car in the back of their truck. Police said the crooks had just crossed into Hungary from Austria when they were pulled over […]

Romanian Dracula bites Turk in Graz

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General News

Sorin Ionescu, 39, from Transylvania in Romania has been arrested in the southern Austrian city of Graz after he bit a 23-year-old Turkish man in the neck when the pair got into an argument. Police said both were drunk and the Turkish man had to be hospitalised with neck injuries after the biting attack from […]

Vamed ‘to invest €200mn in Romania’

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Business

Austrian health sector services provider Vamed AG is considering investing hundreds of millions of Euros in Romania, according to newspapers in the Eastern European (EE) country. The online news platform Romanian Times cites local newspapers claiming that the Vienna-based firm is interested in spending 200 million Euros on projects in the country which joined the […]

Strabag bags record order in Romania

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Business

Strabag SE has said it hopes to win more Romanian roadwork assignments after being engaged to build a motorway for more than 160 million Euros.The Viennese company announced today (Weds) it saw good chances to get further orders in the Eastern European (EE) country after agreeing about the construction of a 24-kilometre (km) stretch in […]

Romania popular among Austrian tourists

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Business

Nearly five per cent of people travelling to Romania are Austrians, new figures show.The National Statistics Institute (INS) announced today (Fri) that 4.8 per cent of all holidaymakers who chose Romania in April came from Austria. The agency added that, with 61.7 per cent, a majority of tourists were European Union (EU) citizens.Hungarians take the […]

Austria invested €6bn in post-Communism Romania

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Business

Austrian companies have invested six billion Euros in Romania since the fall of Communism, a diplomat has revealed.Michael Schwarzinger, the Austrian ambassador in Bucharest, said that amount has been spent by businesses from his country since the reintroduction of democracy in Eastern Europe (EE) after the fall of the Iron Curtain in 1989.Austrian oil and […]

Raiffeisen’s Romanian engagement prospers

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Finance

Raiffeisen Bank International’s (RBI) Romanian affiliate has managed to increase its profit by more than 10 per cent.RBI said today (Weds) its department in the Eastern European (EE) country achieved profits of 83 million Euros in 2010, up by 12 per cent in a year.The Viennese institute – which handles the international operations of Raiffeisenzentralbank […]

BauMax wants 100 extra staff

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Business

BauMax – a leading DIY equipment chain – has announced it aims to hire 100 additional employees this year.The company said today (Thurs) that it is seeking 100 new staff for its 67 shops in Austria. BauMax explained it planned to open “seven to eight” new branches in the country this year. Eight new BauMax […]

Phaeton nicked in Austria found by Romanian police

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General News

A Volkswagen (VW) limousine worth 100,000 Euros which was nicked in Austria has reappeared in Romania.Specialised car theft investigators of the domestic police force said today (Fri) that they had discovered the Phaeton in a garage in the city of Petrosani. The expensive limousine was reported as stolen by its owner in Austria two weeks […]

Legero to expand Romanian factory

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Business

Rudolf Hampl, head of Austrian shoe producer Legero, announced plans to enlarge the firm’s production facilities in Romania.The company, whose headquarters are in Graz, started to relocate its production from Austria to Romania, India, Vietnam, China, Indonesia and Italy in 1993 due to financial reasons.Now Hampl said the plan was to become even more active […]