A faulty brake conduit is to blame for a dramatic train crash in Vorarlberg, according to an expert commissions report.Rene Zumtobel, a spokesman for Federal Railways (ÖBB), said today (Fri) an investigation showed that the car-transporting cargo trains brake line had been defunct. He added that experts ruled out human error.Around half of the 320 […]
Tag: Romania
Romania to sell OMV Petrom shares
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The Romanian Ministry of Economy intends to put up 11.84 per cent shares in OMVs Romanian subsidiary Petrom for sale, it was reported yesterday (Thurs).The Ministry published a draft resolution saying it intended to sell a package of 6.7 million shares accounting for 11.84 per cent of the share capital of SC OMV Petrom.Romanian Times […]
The Greek financial crisis will have no immediate impact on Central and Eastern European countries (CEEs), according to Erste Bank analysts.Erste chief analyst Fritz Mostböck said yesterday evening (Thurs) that the crisis might delay adoption of the Euro by CEEs, which had been expected to occur in 2015 or 2016.He noted Poland and Bulgaria had […]
Hundreds of Austrians took part in a survey which revealed that almost one in three could imagine spending their holidays in Romania.THR marketing director Jorn Gieschen said yesterday (Tues) research has shown that most tourists visited the Eastern European country for its nature.Another result of the study in which 10,800 people from Austria, Germany, […]
A young Romanian scholar is fighting for his life and needs help to raise money for a second lung transplant five years after a first transplant at Vienna General Hospital (AKH).Titu Anghel, 30, needs 40,000 Euros of a total of 70,000 Euros in order to be put on the waiting list for a new transplant. […]
Austrian building materials retailer BauMax will open four new stores in Romania this year, the company announced yesterday (Thurs).A new shop is going to open in Bucharest on 25 February at the new Sun Plaza shopping mall, which is being developed by Erste Groups real estate subsidiary Sparkassen Immobilien AG.Other stores will open in the […]