Warimpex earnings tumble

Categories
Business

Real estate developer Warimpex fell deeply into the red last year, company bosses announced today (Weds).Franz Jurkowitsch, head of the Vienna-based firm that focuses on hotel development in Central and Eastern Europe (CEE), said it had lost 71.77 million Euros in 2009 compared to losses of 3.41 million Euros in the previous year.Jurkowitsch said that […]

Raiffeisen Romania suffers massive losses

Categories
Finance

Raiffeisen International’s (RI) Romanian subsidiary suffered 75 per cent year on year losses in 2009, it has been announced.Online newspaper Romanian Times has reported today (Weds) that Raiffeisen Bank Romania had a net profit of 40 million Euros last year. The institute also reported losses of two million Euros in the last quarter of 2009.The […]

Putin ‘to visit Austria next month’

Categories
Politics

Russian Premier Minister Vladimir Putin will visit Vienna next month, according to a newspaper report.Vienna daily Heute reported today (Weds) that Putin, who has a black belt, would attend the Judo World Championships – set to take place in the Austrian capital between 22 and 25 April – on 24 April.The newspaper also claimed that […]

Majority back study fees, survey shows

Categories
General News

More than two thirds of Austrians back so-called study fees and admission tests at the country’s universities and other higher educational institutions, a new poll has shown.Public opinion research agency Market said today (Weds) 68 per cent of the 704 Austrians aged 15 and older who had been polled had said they were in favour […]

Volkswagen CFO hopeful after ‘promising’ start of the year

Categories
Business

German car maker Volkswagen (VW) CFO Hans Dieter Pötsch has revealed that the company has been spending around 600 million Euros on car parts and other purchases in Austria every year.Pötsch said at a business event in Linz last night (Mon) evening that he was optimistic about business this year after an “extraordinarily difficult 2009”.VW […]

Pink ‘not invited’ to Life Ball

Categories
Culture

Pop star Pink will not attend the this year’s Life Ball, organisers of the Vienna AIDS charity event said today (Mon), dismissing claims made by newspaper Österreich.Gery Keszler, head organiser of the 17 July bash, said: “It pains me that four months before the Life Ball society reporting is reducing the importance of our most […]

Child molester brought to justice after 26 years

Categories
General News

A pensioner who sexually molested two girls aged nine and 11 has been sentenced to 3.5 years in prison, by Klagenfurt provincial court.The court heard yesterday (Thurs) how the 71-year-old man, who had already been convicted four times of sexual molestation, lured the girls to his bedroom in 1984 by offering them gifts.After the crime, […]

Austrian Peter Löscher named top-earning German company boss

Categories
Business

An Austrian has been named as the best paid CEO among German companies listed by the country’s stock market index DAX in “crisis year” 2009.Villach-born Siemens boss Peter Löscher earned more than seven million Euros in the last year, according to a report by business newspaper Handelsblatt. He took over at Siemens in 2007.The German […]

Job anxiety slowly ebbing

Categories
Business

Austrians’ anxiety about losing their jobs has been slowly ebbing, according to results of a new poll by Linz public-opinion research firm Spectra released today (Fri).Results show that 80 per cent believe their jobs are safe, up from 75 per cent last summer.The young are less anxious than the old, with 81 per cent of […]

‘AIDS 2010’ will have EE focus

Categories
Lifestyle

Organisers of the International AIDS Conference to be held in Vienna later this year said the event’s focus would be on marginalised groups with the disease like drug addicts in Eastern Europe (EE).Michel Sidibe, head of UNAIDS, the Joint United Nations Programme on HIV/AIDS, said yesterday (Weds) that the conference would be held “for people […]