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- Strabag Cancels Purchase Of Cemex Ops In Hungary, Austria
(Frankfurt, Austria) -- Construction company Strabag SE on 1 July 2009 withdrew from the purchase contract for the activities of CEMEX in Hungary and Austria, it said today. The agreement had been signed in the summer of 2008. For the past 11 months, the
- US national granted conditional bail
The US citizen, Larry Sellimeyer was accused of an offence punishable under the Arms Act. The pistol and the ammunition manufactured in Austria, were found in his baggage at the airport. In his order, Justice M Jeyapaul said the fact remained that the
- Japanese diplomat new IAEA director
The international nuclear watchdog based in Austria has elected a Japanese diplomat as its leader, ending a months-long stalemate. Yukiya Amano, formerly Japan's envoy to the International Atomic Energy Agency, will be its director general when Mohamed
- Equest in breach at Moldova Mall
Equest Balkan Properties, the AIM-listed investor in the Balkans, has breached the financial covenants at its Moldova Mall and has begun discussions with its lender, Bank Austria, to relinquish ownership voluntarily Its results for 2008 showed a 38%
- A New Austrian Coin Trick
Hot tip for German investors: an Austrian silver coin that can be smuggled legally. It's music to the ears of Germans who bank in Austria. But how long can the party last? pro aurum Have room in the trunk for 6,000 of these? The object of desire is 37
- Quick Silver: A New Austrian Coin Trick
The object of desire is 37 millimetres in diameter and made of .999 fine silver. On one side, the coin shows an organ, its country of origin ('The Republic of Austria') and its face value: 1.50 ($2.12). On the flipside: 'Vienna Philharmonic Silver'
- AUSTRIAN AIRLINES IMPLEMENTS FURTHER MEASURES
TO INCREASE COMPETITIVENESS Targeted cost reduction to produce medium-term improvement in result - complete restructuring of company - around 1,000 fulltime-jobs to be cut 2 July 2009 Having already fulfilled its ambitious package of short-term measures
- British look into Madoff payments to banker
LONDON - British authorities have started an investigation into millions of dollars of payments from the operations of the convicted money manager Bernard L. Madoff to companies linked to the Austrian banker Sonja Kohn, an Austrian official confirmed
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Once the center of power for the large Austro-Hungarian Empire, Austria was reduced to a small republic after its defeat in World War I. Following annexation by Nazi Germany in 1938 and subsequent occupation by the victorious Allies, Austria"s 1955 State Treaty declared the country "permanently neutral" as a condition of Soviet military withdrawal. Neutrality, once ingrained as part of the Austrian cultural identity, has been called into question since the Soviet collapse and Austria"s increasingly prominent role in European affairs. A prosperous country, Austria joined the European Union in 1995 and the euro monetary system in 1999.
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