Canola oil boat engine bid as Lake Neusiedl season starts

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Business

Burgenland tourism bosses hope for more stays at the province’s Lake Neusiedl this summer after lakeside overnights in January and February soared by 25 per cent year on year.Tourism shipping transfer services at the lake – which is the second-largest steppe lake in Central Europe – started this morning (Fri), and lakeside towns have invested […]

Final sale as Cosmos is to be liquidated

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Business

Bankrupt electronic consumer goods chain Cosmos will be liquidated, it has been announced today (Fri).The Creditors’ Protection Association of 1870 (KSV 1870) said the decision was made after negotiators failed to find a “suitable follow-up solution” for the company which went bust earlier this year.KSV 1870 said the remaining articles would be sold at its […]

Companies flocking to Lower Austria

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Business

The number of companies settling in the province of Lower Austria is on the rise, it has been announced.Provincial councillor Petra Bohuslav said today (Thurs) 30 companies settled or expanded in Lower Austria in the first quarter of this year. The People’s Party (ÖVP) politician said this number was a 50 per cent year on […]

Eagle gives new meaning to bird’s eye view

Categories
Culture

Austrian filmmaker Christian Hermann gave a new meaning to bird’s eye view for his new documentary after using a golden eagle to carry a camera.His latest film “Der Fjord in den Bergen – ein Jahr am Vilsalpsee” (The Fjord in the Mountains) includes spectacular aerial shots of the Vilsalp Lake in the Tyrolean Alps where […]

JoWooD highscore in 2009

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Business

Turnover improved last year for Styrian software and computer game producer JoWooD Entertainment AG, the company reported today (Fri).The firm said its net profit had risen by 50 per cent from 1.005 million Euros in 2008 to 1.504 million Euros in 2009.Earnings before interest and taxes (Ebit) rose by 24.8 per cent year on year […]

Recovery not in sight as think tank corrects growth forecast

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Business

A significant upward trend is not in sight for Austria’s economy, a top think tank has warned.The Vienna-based Institute for Economic Research (Wifo) today (Fri) lowered its economic growth forecast for 2010 and 2011. Wifo officials said they expected the country’s economy to grow by 1.3 per cent this year and by 1.4 per cent […]

BTV back on track after ‘difficult’ 2008

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Finance

Bosses at the Bank für Tirol und Vorarlberg (BTV) said today (Fri) the institution’s profit had soared year on year in 2009 after what they described as “a very difficult 2008”.The provincial bank’s annual profit before taxes jumped by 2.3 per cent last year compared to 2008 figures to 51.3 million Euros.BVT increased its equity […]

VIA earnings and passenger numbers down year on year in 2009

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Business

Vienna International Airport’s (VIA) turnover and earnings dropped in 2009 in a year overshadowed by the revelation that the cost of construction of a new terminal may double.The Austrian Audit Office (RH) is examining VIA’s books after the press reported that the cost of building the new “Skylink” terminal could reach 830 million Euros instead […]

Woman attacks tourist after watching ‘Charmed’

Categories
General News

A deranged Vienna woman claimed she was ordered to stab someone by “a monster” after watching an episode of the supernatural series “Charmed”.The 20-year-old, who suffers from borderline syndrome, according to her lawyer, drove to Vienna International Airport (VIA) earlier this year and attacked a German woman with a kitchen knife. The tourist from Berlin […]

Austrian banks’ 2009 balances saved by CEE business

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Business

Austrian banks benefited from their investments in Central and Eastern Europe last year, it was claimed today (Thurs).Andreas Ittner, director of the Austrian National Bank (OeNB), said that OeNB’s estimate was that the country’s banks had earned 0.9 per cent more year on year in 2009 due to CEE engagements.Ittner said that OeNB’s studies had […]