Funk rock pioneer Kurt Hauenstein has died.The Austrian bass player and singer who fronted the band project Supermax passed away in Vienna from a cardiac disease at the age of 62 yesterday (Sun), his management announced today.The musician who is best known for his smash hit “Love Machine” from 1978 received […]
The future of JoWooD Entertainment AG (JoWooD) is uncertain as a previously possible investor made clear it no longer had an interest in pouring their money into the bankrupt computer games developer.Insolvency organiser Helmut Platzgummer said today (Fri) that one company, which was initially keen on investing in the firm, now explained it no longer […]
Political decision-makers in Vienna have revealed plans to drastically reduce the number of hospitals in the city.The Social Democrats (SPÖ) who form a government coalition with the Greens in the federal capital said yesterday (Thurs) that there should be just seven instead of the current 12 city-owned clinics by 2030.SPÖ Vienna Health Councillor […]
An aerial bomb dropped by US troops during World War Two (WWII) was discovered in Upper Austria.Officials in the city of Linz said the 50-kilo bomb was found during construction work near the citys zoo this morning (Thurs). A special police force decided to evacuate everyone within a radius of 100 metres.The federal interior ministry […]
Christian Baha is the sole owner of Austrian fund provider Superfund after co-chief Christian Halpers departure.Weekly magazine News reports today (Thurs) that Halper withdrew to open a vegetarian restaurant in Vienna later this year. Halper may have received a three-digit million-Euro amount by Baha, according to Austrian business newspapers.Baha is understood to plan managing Superfund […]
Wienerberger AG has taken over a Belgian competitor, it was announced today (Thurs).The Vienna-based company the worlds biggest producer of bricks said it acquired Heylen Bricks. The family business which has its headquarters in Veldwezelt looks back on 100 years of manufacturing bricks.Heylen Bricks has 39 employees and achieved a turnover […]
BAWAG PSK (BAWAG) boss Byron Haynes has said he will continue the current restructuring process.The former ABN AMRO CFO announced yesterday (Weds) BAWAG had to keep lowering its administration costs in the coming years.The Vienna-based institute achieved a net profit of 125.4 million Euros last year, the businessman added. It is the first time BAWAG […]
The Austrian foreign ministry has appealed to Austrians to leave the Greater Tokyo Area.Peter Launsky-Tieffenthal, a spokesman for the ministry, said today (Tues) people were well-advised to depart from the region. He said: “It cannot be estimated how the situation will develop after the incidents at the Fukushima nuclear power plant.”Several explosions occurred at the […]
Bank Austria (BA) bosses have revealed plans to introduce a service based on the functions of mobile phones of the latest generation.BA private customer’s head of agendas Rainer Hauser said today (Tues) customers will be able to use the programme called SmartBanking with their smartphones over the internet, but also via post and fax.The model […]
Rapid Vienna have retained their chances to win the league for a 33rd time.The team managed by former 1860 Munich boss Peter Pacult beat city rivals Austria Vienna 1-0 away from home yesterday (Sun). It was the first defeat Austria Vienna suffered in the Bundesliga since losing to Rapid last November. Ex-SV Ried star Hamdi […]