Siemens €310mn staff bonus ahead

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Business

Siemens AG employees all over the world are to receive a 310-million-Euro bonus, it has emerged.Peter Löscher, the Austrian head of the German IT and healthcare company, commented on the recent recession today (Weds), saying: “I’m immensely grateful for what our employees have achieved in these difficult times.”Löscher, who has been named WU Manager 2010 […]

Löscher to get management award

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Business

Siemens AG boss Peter Löscher will be awarded WU Manager 2010, Vienna’s University of Economics and Business (WU) has announced.The university said about the Austrian today (Weds): “Löscher has managed to combine successful long-term management operations with a high level of social competency.”The Villach-born businessman, who has headed the German IT company for three years, […]

WU remains closed after fire

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General News

Vienna’s University of Economics and Business (WU) remains shut due to technical problems after a blaze broke out at its transformer room last Monday.WU bosses had planned to reopen the institution for lectures today (Weds), but technicians failed to restore its energy supply last night.Officials said the fire caused only minor damage, adding that all […]