One of Vienna’s top tourist attractions has been unveiled after a five-month restoration phase. The larger than life-sized statue of famed waltz composer Johann Strauss jun. had to be renovated. City officials explained that especially its socket was in need of extensive restoration. They initially claimed costs would range around 360,000 Euros. Reports from today […]
Turkish construction company Renaissance has increased its interest in Austria’s third-biggest building company. Porr AG announced today (Thurs) that its cooperation partner acquired an additional 5,700 shares. This purchase means Renaissance now holds 10.07 per cent in the Vienna-based company. Construction businessman Karl Heinz Strauss – who succeeded Wolfgang Hesoun as executive chief of Porr […]
Porr AG chairman Karl-Heinz Strauss has said the construction firm may stop operating in Hungary.The Hungarian government has criticised the quality of a motorway recently built by the Viennese company. Strauss pointed out today (Tues) that the problems were “of political nature”.The businessman said: “We may have to withdraw from Hungary. I think (the situation […]
An elderly Austrian nicknamed the “King of Burglars” has been identified as the ringleader of a drug-smuggling syndicate.Police in Vienna announced today (Weds) that Erich K., who spent many years in prison on account of hundreds of break-ins, was arrested earlier this week. Nineteen alleged accomplices are facing charges as well, officials added.The 77-year-old criminal […]