Sausage loving Austrians have gained a new treat in their culinary landscape after a gourmet sausage stand opened at Schwedenplatz. On the menu is the popular cheese sausage the Kasekrainer sold together with caviar and champagne. Cathedral chaplain Toni Faber blessed the new sausage stand and the man cooking up the menu was none other […]
A German economist has warned from “dangerous monopoly circumstances” in the global rating business. Karl-Heinz Brodbeck told Viennese newspaper Die Presse that the world’s leading credit rating agencies were issuing better grades the more money they made with the rating. He called the situation “dangerous” and called for more transparency. The renowned economic expert – […]
The Eurovision Young Musicians Competition will open the Vienna Festival (Wiener Festwoche) this week on the 11th of May. The Eurovision Young Musicians Competition is one of the most important international contests for classical music, which since 1982 has been taking place every two years. The competition wants to extend cultural exchange beyond national borders […]
The German businessmen and animal lover who created a real-life animal farm where all of the residents are animals has celebrated his 60th birthday with all of his animal friends – and a few celebrities. Michael Aufhauser made a fortune in industry but then sold everything to buy the Gut-Aiderbichl farm in Salzburg which he […]
Austrian police have arrested a conman from Wels in upper Austria who allegedly travelled the country for 24 years defrauding people and businesses as he went. Police were alerted to the man’s activities after an acquaintance of his complained that they had lent him €7000 in a written contract – and that he was refusing […]
Federal Railways (ÖBB) tickets could be more expensive later this year. ÖBB CEO Christian Kern refused to rule out price hikes yesterday (Thurs). Kern pointed out that ÖBB did not up passenger tickets in the past four years. “We are not a charity organisation,” he said. Kern underlined that a further improvement of services was […]
The new owner of Volksbank International (VBI) has revealed plans to invest hundreds of millions of Euros. Sberbank – which transferred 505 million Euros for the finance institute to Volksbank AG (ÖVAG) in February – announced yesterday (Tues) it would spend 300 million Euros on the restructuring of VBI to support the planned expansion. Sberbank, […]
The terminals of Vienna International Airport (VIA or VIE) will be renovated or rebuilt, according to Flughafen Wien AG (FW). Bosses of FW – which manages Austria’s biggest airport – said yesterday (Tues) they wanted to refurbish or reconstruct VIA’s three terminals in the coming years. They also informed shareholders that the opening of a […]
Austria’s pensioners have called on the government to introduce laws which would up the pressure on “bullying” companies. Andreas Khol, who heads the country’s Association of Conservative Pensioners, said: “Firms which bully employees and force them to retire prior to the regular pension age should be obliged to come up for the costs the state […]
Austrian Airlines (AUA) chiefs and works committee officials are fighting for a consensual solution regarding the planned austerity measures. Lufthansa, which owns AUA since 2009, wants the Viennese aviation company to achieve savings of 220 million Euros this year following last year’s losses of almost 60 million Euros. The AUA supervisory board decided last week […]