BAWAG prosecutors fail to find evidence

Categories
Finance

Linz prosecutors have dropped an investigation against BAWAG PSK after finding no evidence of wrongdoing. The announcement was made on Wednesday when prosecutors in the city said that they could not find proof that staff at the bank had tricked the municipal government into a 2007 swap deal. However a civil case is still being […]

AUA ex-staff demanding 50m in pension cash

Categories
Finance

Around 200 former pilots and flight staff from the Austrian Airlines AUA  are  threatening legal action in order to get their share of the company’s pension fund paid out in advance. Unless the firm agrees to settle it is looking likely that the first legal case over the demand will take place in February. According […]

Fritzl jail strike threat

Categories
General News

Wardens at the Austrian jail housing cellar monster Josef Fritzl are threatening strike action claiming they are overworked and underpaid. The 300 staff at Austria’s Krems-Stein jail which contains almost 900 seriously disturbed inmates say they have reached breaking point. The prison’s staff council spokesman Harald Gerstl said: “Many of us simply cannot go on. […]

Paramedics loose childs finger tip

Categories
General News

A paramedic who threw away a three-year-old girl’s finger tips by mistake after they were severed in an accident has been suspended by the Austrian red cross in Zirl, Austria. Mother Iris Lengauer-Stockner, 29, had carefully wrapped the two finger tips in loo roll and handed them to the ambulance staff when they arrived at […]

Minister worried by labour obstacles for women

Categories
Business

Women’s Minister Gabriele Heinisch-Hosek promised to keep fighting gender disparities on the labour market as a survey shows that men earn significantly more than women of the same social background. Vienna University of Economics and Business (WU) researchers compared the careers of 250 graduates to find out that the pay gap between the male and […]

ORF making waves

Categories
Green Austria

A report on ORF television in Vorarlberg about specially shaped waves designed to catch and deflect negative energy from ley lines has provoked a huge reaction. Dozens of people who have purchased the waves and had them mounted in their homes have since contacted the consumer protection office in Vorarlberg to ask about getting a […]

Job fears as Schlecker goes bust

Categories
Business

Around 3,000 people may lose their jobs in Austria as a leading drugstore chain declared itself bankrupt. It was reported last Friday that discounter Schlecker may be forced to stop operating due to declining turnover. The German company announced yesterday (Mon) it opted for starting controlled insolvency procedures in a bid to stay in business. […]

GM to invest €50mn in Vienna

Categories
Business

Fifty million Euros will be invested in General Motors’ (GM) Powertrain factory in Vienna next year, it has emerged. Michael Lewald, who has managed the facility since August, told the Kurier today (Weds) the plan was to spend 50 million Euros in investments in 2012 after 70 million Euros this year. “I will ensure that […]

Metal industry labour dispute settled

Categories
Business

Around 165,000 Austrian metal industry workers will earn 4.2 per cent more from next month. Unionists and company representatives agreed about stronger increases of low salaries and one-off payments to employees of the sector in a 14-hour discussion at the headquarters of the Federal Economy Chamber (WKO) in Vienna which ended at 4am this morning […]

Four prisoners escaped in Lower Austria

Categories
General News

Four prisoners escaped this (Fri) morning from Hirtenberg prison in Lower Austria’s Baden district. Two of them were caught 20 minutes after their escape, a grand scale search for the other two is being conducted by a joint effort of 80 justice officials and police staff and a helicopter from the interior ministry. The four […]