Kampusch case retrial possible

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General News

The Natascha Kampusch kidnap case might go on retrial as five prosecutors face abuse of office charges.The Innsbruck state prosecution confirmed that it started looking into claims that their Viennese colleagues “permanently neglected investigation developments”.Former Federal High Court (OGH) President Johann Rzeszut made this accusation in a letter to the whips of the five parties […]

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, […]

Wienerberger reduces its losses

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Business

Wienerberger AG, the world’s biggest producer of bricks, said today (Weds) it suffered losses of more than 13 million Euros in the first nine months of this year.The Vienna-based company announced losses of 13.5 million Euros between January and September 2010 following losses of 198.2 million Euros in the same period of the previous year.Its […]

Wave of Spanish guests ahead for Vienna

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Business

Vienna is set for a strong increase of tourists from debt-ridden Spain, according to new research.The Vienna Tourism Indicator (VTI), which checks various tourism statistics, shows that the number of people from Spain visiting the Austrian capital will rise dramatically. The southern country currently has the highest unemployment rate among the European Union’s (EU) 16 […]

Vienna economy set to rake in €74mn in ball season

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Business

Ball guests’ expenditures will pour more than 70 million Euros into the Viennese economy this winter, according to research.The city’s Economy Chamber (WKW) said today (Mon) ball guests’ spending on tickets, taxi rides and visits to the hairdresser will help the city’s businesses to around 74 million Euros in the upcoming ball season.WKW said it […]

Red Bull Racing profits soar

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Business

Red Bull Racing’s profits before taxes were up more than six-fold year on year in 2009, according to British media.The Daily Telegraph reports today (Mon) that the British Formula One (F1) team – which is financed by Austrian energy drinks producer Red Bull – increased to 4.6 million Euros from 2008 to 2009.The newspaper also […]

Austrian unemployment rate edges up

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Business

Austria has failed to retain its position as the Eurozone’s jobless rate model pupil, it emerged today (Fri).Figures presented by Eurostat, the European Commission’s (EC) statistics agency, show that 4.5 per cent of people living in Austria had no job last month (August 2010: 4.3 per cent). The Netherlands, which took second place in August, […]

Lufthansa upset by Austrian ticket tax

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Business

Lufthansa boss Wolfgang Mayrhuber has appealed to the Austrian government to remain a reliable partner – and pull out from setting up a tax on flight tickets.The Austrian businessman, who will retire as head of the German airline by the end of this year after having been in charge since 2003, said today (Fri) that […]

October coldest since 1974

Categories
Lifestyle

This month has been the coldest October in more than 35 years, meteorologists have revealed.Experts at Vienna’s Centre for Meteorology and Geodynamics (ZAMG) announced today (Fri) the average temperature this month was just 7.8 degrees centigrade. They said this was the lowest figure since 1974.The meteorologists added Tannheim in the province of Tyrol recorded the […]

Austrian industry’s turnover up

Categories
Business

Turnover of Austria’s productive sector improved by more than seven per cent year on year in July, it has been reported.Statistik Austria said today (Fri) the companies in the country’s industrial and construction branch rose by 7.7 per cent to 19.3 billion Euros.The sector’s metal production department did best. The sector’s monthly turnover soared by […]