Frank Stronach inaugurated his new regional party office in Eisenstadt (Burgenland) yesterday (Thursday). Around 100 people gathered outside the Team Stronach office in the Neusiedler Strasse to celebrate. The Austro-Canadian businessman and party leader Frank Stronach shook everyone’s hand and held a speech on his political and economic philosophy. He then dedicated some time to […]
Tag: Stronach
The Austrian People’s Party (ÖVP) of Lower Austria officially started the election campaign with a major event in Multiversum in Schwechat yesterday evening (Thurs). Governor or Lower Austria and top candidate Erwin Pröll demands clarity in the country. His new favourite opponent is Frank Stronach. According to ÖVP, 4,000 fans came to the event. 349 […]
Stronach tempts another BZÖ politician
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A councillor from the BZÖ has changed his political allegiance to join “Team Stronach”. The newlyformed political party set up by Austro Canadian multimillionaire Frank Stronach has poached many politicians from rival parties but the BZÖ has suffered particularly badly from losing its members. The latest desertion is of Michael Schabernig, aged 30. Announcing the […]
Austrian Canadian businessman Frank Stronach has invested another 1,000,000 euros in his political party which he founded recently to fight in the next election in Austria. According to a new law from the first of July any donations over 50,000 euros need to be registered with the Federal auditors. That means also any donations made […]
BZÖ ends Stronach speculations
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The Alliance for the Future of Austria (BZÖ) has finally dismissed the circulating rumours about teaming up with a billionaire businessman. The party, which sensationally won almost 11 per cent in the national election of 2008, could drop out of parliament in next year’s ballot. Only two per cent of Austrians plan to support the […]
Pirates ‘are anarchists’
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Josef Bucher, the head of the Alliance for the Future of Austria (BZÖ), has harshly attacked the Pirate Party (PPÖ). The newly established political movements celebrated its first significant success earlier this week when it entered the city hall of Innsbruck, the capital of the western province of Tyrol. The PPÖ, which has a dramatically […]
A renowned businessman has explained why he is ready to financially support a new political movement. Frank Stronach, the founder of automotive industry giant Magna International, made headlines a few days ago by claiming to be determined to provide a new political party of young people with “a lot of money”. Now the Austrian-Canadian entrepreneur […]
Stronach to board Jetalliance
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Austrian businessman Frank Stronach is set to become involved with a Lower Austrian airline, it has emerged.Jetalliance boss Lukas Lichtner-Hoyer told the WirtschaftsBlatt newspaper today (Thurs) he was “delighted” at having managed to win Stronach as an investor.The Kottingbrunn-based business charter aviation firm merged with Magna Air, a subsidiary of Magna International, 10 years ago.Stronach […]
Deripaska snares Wolf
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Austrias best-paid manager is to work for oligarch Oleg Deripaska, it has emerged.Austrian-Canadian car parts manufacturer Magna announced today (Mon) co-chief Siegfried Wolf had decided not to extend his contract but to join OJSC Russian Machines.The Styrian will head the supervisory board of the company which one of Russias largest industrial holdings.Wolf has been working […]
Magna founder Frank Stronach has claimed his decision to withdraw from day to day decision-making will not have unpleasant effects on his home provinces “car cluster”.The 77-year-old businessman recently decided to accept a multi-million payout for losing his voting rights at the Austrian-Canadian car parts maker.Stronach reportedly received around 800 million Euros after accepting his […]