AUA – Lufthansa deal a ‘success’ and ‘very good solution’

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Business

Austrian Industry-Holding Stock Corporation (ÖIAG) head Peter Michaelis has claimed that the sale of Austrian Airlines (AUA) to Lufthansa was a “success”.The Austrian government coalition of the Social Democrats (SPÖ) and the People’s Party (ÖVP) assigned ÖIAG to sell a major stake of AUA when it became clear that the airline was at risk of […]

Construction costs jump

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Business

Road construction costs have soared by more than three per cent.Statistik Austria announced today (Mon) roadwork was 3.6 per cent more expensive last month compared to the same month of last year because of high costs of raw material (month on month rise: 0.3 per cent).The state agency added the costs of bridge building activities […]

Lear Corporation plant shutdown affects 120

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Business

More than 100 workers are facing the axe after an American car parts maker announced it is set to close its Austrian factory next month.Lear Corporation said today (Tues) it will shut down its site in Köflach, Styria, on 24 August.Styrian Social Democratic (SPÖ) Deputy Governor Siegfried Schrittwieser said he offered the 120 affected employees […]

SPÖ and ÖVP go head to head in Styria

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Politics

A hot political summer is ahead as research shows the Social Democrats (SPÖ) and the People’s Party (ÖVP) are neck-and-neck in Styria.People in the central province head to the polls on 26 September and SPÖ Governor Franz Voves made clear he will step down as leader of the Styrian Social Democrats if ÖVP Deputy Governor […]

Less Than Jake come to Vienna

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Culture

American ska punk stars Less Than Jake will perform in Vienna later this year, it was announced today (Weds).Online music newspaper Britishrock.cc reports that the band from Gainesville, Florida, will rock the Arena concert hall on 28 November.The five-member outfit, which was founded in 1992, released their eighth studio album “GNV FLA” in 2008.Zebrahead from […]

Placebo to rock Salzburg

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Culture

Placebo will perform in Salzburg in September, it has been announced.Online music newspaper Britishrock.cc reports today (Tues) that the alterative rock giants are set to hit the stage at the Salzburgarena on 5 September. Placebo, who have performed several times in Austria over the past years, are also confirmed to headline the Two-Day-A-Week festival taking […]

Guns N’ Roses and Korn roll into Vienna

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Culture

Hard rock legends Guns N’ Roses will perform in Vienna this autumn, it has emerged.News from today (Weds) that the band fronted by Axl Rose will rock the Stadthalle on 18 September follow weeks of wild speculations over possible Austrian live dates.The band – whose latest album “Chinese Democracy” was released to mixed reviews two […]

AWO to host renewable energy showcase in Prague

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Business

The Austrian Foreign Trade’s (AWO) representation in Prague is to host a showcase in a bid to strengthen ties with Czech companies in the renewable energy sector, it has been announced.Officials said many “very interesting and promising” biomass, biogas and waste management projects were currently going on in the Czech Republic.Austria is the official partner […]

No state money for AUA’s Vienna – Linz service

Categories
Finance

By Thomas HochwarterUpper Austrian governor Josef Pühringer has rejected Austrian Airlines’ (AUA) appeal for financial support for its Vienna – Linz route.The People’ Party (ÖVP) governor today (Weds) confirmed reports claiming the struggling airline had contacted the government to discuss subsidies.”Financial support by the state of Upper Austria is out of the question,” Pühringer  said.The […]