GlOBAl_COMPETITIVENESS_REPORT – The World Economic Forum calculated competitiveness of 133 countries for 2009-2010.The World Economic Forum is an independent international organization committed to improving the state of the world by attracting attention to regional agendas. Switzerland is at the top of overall ranking. The United States falls one place to second position. Singapore, Sweden and [...]
AUSTRIAN FAR-RIGHTS. The Austrian Parliament Tuesday made it easier to prosecute foreign tax evaders, by passing a law intended to get the country in line with international banking transparency standards. With this law, Austria took a first step to be removed from so-called grey list of tax havens drawn up by the Organization for Economic [...]
Famous Austrians Frank Stronach is an Austrian-Canadian businessman. He is the founder of Magna International, an automotive parts company based in Canada, and Magna Entertainment Corp., which specializes in horse-racing entertainment. Born in the small town in Styria, Austria to a working-class couple, he left school to apprentice as a tool maker. In 1954, he [...]
Magna-Mitarbeiter müssen Gürtel enger schnallen Wien, 05. Mai (Reuters) – Die österreichischen Mitarbeiter des an Opel interessierten Autozulieferers Magna müssen künftig den Gürtel enger schnallen. Etwa ein Drittel der Belegschaft wird ein Jahr lang bis zu 20 Prozent weniger Gehalt bekommen. Diesem Schritt habe die Mehrheit der Belegschaft zugestimmt, teilte das Unternehmen am Montag mit. [...]
Lost your job? Struggling with the bills? Think about Oleg Deripaska, whose wealth is estimated to have fallen by $25.1 billion in the past year. He now has of only about $3.5 billion and the Russian edition of Forbes magazine put the oligarch from first to tenth place in a list of the country’s richest [...]
Rudolf Hundstorfer, President of Austrian Federation of Trade Unions (OeGB) In October 2003 Rudolf Hundstorfer became vice president of the OeGB (Austrian Federation of Trade Unions). After resignation of Fritz Verzetnisch as president of this organization in March 2006 because of the BAWAG scandal, Hundstorfer took the presidency provisionally. On September, 8th 2005 as a [...]


