Russia and Austria sign major gas deal

Categories
Finance

A deal between Austria and Russia that will see gas being piped around Europe via Austria by 2017 has been signed by heads of two major gas companies. The news comes after the Russian gas giant Gazprom met in Vienna with Austrian partners last week, after which the company announced that they had agreed on […]

Stolen artwork arrives in Vienna

Categories
General News

By Rebecca Musgrave A valuable artwork has turned up in the Vienna Dorotheum, Austria, almost 10 years after it was stolen. The porcelain relief of Tsar Peter the Great, which was taken from the Ostankino Estate Museum in Moscow, Russia, arrived in the auction house from an unknown seller in France ready to be sold. […]

Serbia repeat 2001 victory

Categories
Sports

Serbia have won the EuroVolley 2011. The volleyball national team are European champions for a second time after their triumph in 2001. Serbia beat Italy 3-1 in yesterday’s (Sun) final of the tournament in Vienna’s Stadthalle. Igor Kolakovic the manager of the Serbian national team, said: “No one believed in us, not even our own […]

Georgian foreign minister eyes up early NATO accession

Categories
Politics

Georgian Foreign Minister Grigol Vashadze has said he was certain his country would join the North Atlantic Treaty Organization (NATO) sooner than the European Union (EU). Vashadze – who is currently in Salzburg to attend an international meeting of businesspeople and politicians – told the Austrian Kurier newspaper today (Mon): “I’m hesitant about telling you […]

Palfinger eyes up Chinese takeovers over soaring profit

Categories
Business

Crane manufacturer Palfinger AG has said it plans to get busier in Russia and China as its turnover and profit increased in the first half of this year. The Salzburg-based company announced today (Weds) its turnover shot up by 39.3 per cent from the first six months of 2010 to the same period of 2011 […]

Ansip unimpressed by Putin’s boycott appeal

Categories
Politics

Estonian Prime Minister Andrus Ansip has stressed he is not worried about his country’s economic performance despite calls for a boycott of products. The conservative politician told Austrian magazine profil: “I do agree that there is room to improve our political relationship with Russia. However, the economic cooperation is getting better. A tenth of our […]

Russian leaders’ cockfight tarnishes Fischer visit

Categories
Politics

More than 100 entrepreneurs are accompanying Austrian President Heinz Fischer on his state visit to Russia as firms hope to benefit from the prospering economy of the Eurasian country.Fischer, who met with Russian President Dmitry Medvedev yesterday (Thurs), was welcomed by the country’s Prime Minister and ex-President Vladimir Putin today. The talks were overshadowed by […]

‘Dynamic’ Russia attracts Rewe

Categories
Business

Rewe Group boss Frank Hensel has praised Russia as an “extremely dynamic market”.Hensel said today (Thurs): “We would carry out our expansion there twice as fast if we could, but there are always some problems with property ownership issues. Russia is an extremely dynamic market though.”The German company currently runs 68 Billa supermarkets in the […]

Vienna coffee smell may spur Romanian bookings

Categories
Business

Austrian tourism chiefs hope for more reservations by Romanians after the smell of Viennese coffee is being spread at an underground station in Bucharest as part of a new marketing stunt.The scent of fine coffee from Vienna is automatically being diffused every 10 minutes at the Romanian capital’s busy Piata Universitatii station as part of […]

Salzburg set to spend €4mn on winter marketing

Categories
Business

Salzburg will invest almost four million Euros in tourism marketing initiatives for the upcoming winter season, it has been announced.Leo Bauernberger, head of the province’s tourism board, said today (Tues) almost four million Euros will be spent on various marketing and advertising activities in Austria and abroad as the winter sport season approaches.Salzburg’s tourism councillor […]