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Austria’s biggest inner-city shopping centre is set to reopen after being redesigned by British star architect David Chipperfield.
The Kaufhaus Tyrol in Innsbruck, which began business more than 100 years ago, will reopen on 4 March featuring a wide range of shops covering 30,000 square metres.
Chipperfield’s design of the shopping centre’s storefront has been praised as resembling a museum's rather than that of a shopping centre.
Real estate investor Rene Benko, whose Signa Holding has a 50 per cent share in the mall, said the realisation of the project will give the province’s economy a boost.
Austrian Times
Austrian firms line up for Bulgarian assignments
» Business 2010-03-19
More than 20 Austrian companies have expressed interest in participating in the construction of the Bulgarian road and railroad infrastructure, according to reports by local media from today (Fri).
Austrian Ambassador on South Africa's chances and challenges
» Panorama 2010-03-19
The Austrian Times spoke to Otto Ditz about what he learnt from the African mentality – and why he sometimes feels "second class".
Wolford's earnings up in first three quarters
» Business 2010-03-19
Vorarlberg textile firm Wolford reported today (Fri) that its earnings before interest and taxes (Ebit) had increased in the first three quarters of its 2009/2010 business year.
More foreign holidays planned this year
» Business 2010-03-19
More Austrians are planning on holidays abroad this year after 2009 saw a drop in numbers, according to a study by public opinion research agency Karmasin.
KHM happy with visitor figures and annual ticket sales
» Panorama 2010-03-19
Vienna’s Museum of Art (Kunsthistorisches Museum, KHM) bosses said yesterday (Thurs) earnings last year and visitor figures in the first two months of this year were up.
RI's Croat subsidiary gets €30mn credit
» Business 2010-03-19
Raiffeisen International’s (RI) Croatian subsidiary Raiffeisenbank Austria d.d. received a 30-million-Euro credit by the German Investment and Development Society (DEG), it was announced.
Car dealers spared by downturn
» Business 2010-03-18
The economic downturn has had minimal effect on Austrian car dealers as the number of newly registered cars soared last year.
» Business 2010-03-17
The "Parktherme" spa park in Bad Radkersburg, Styria, will be renovated and expanded beginning this autumn, Mayor Peter Merlini announced yesterday (Tues).
» Travel 2010-03-17
The "Parktherme" spa park in Bad Radkersburg, Styria, will be renovated and expanded beginning this autumn, Mayor Peter Merlini announced yesterday (Tues).
Future bright as Orange doubles net profit
» Business 2010-03-17
Austria’s third largest mobile services provider France-Telecom subsidiary Orange reported today (Weds) a net profit of 35.7 million Euros in 2009, twice as much as in 2008.
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Higher cigarette prices on tap
Austria Tabak reported today (Fri) that the price of its 35 brands of cigarettes would increase by 10 to 20 cents a pack at the end of March.
RI's Croat subsidiary gets €30mn credit
Raiffeisen International’s (RI) Croatian subsidiary Raiffeisenbank Austria d.d. received a 30-million-Euro credit by the German Investment and Development Society (DEG), it was announced.
Austrian Catholics turn on church
Austrian Roman Catholics are up in arms over sex scandals involving local priests and children with increasing numbers threatening to quit the church.
Wolford's earnings up in first three quarters
Vorarlberg textile firm Wolford reported today (Fri) that its earnings before interest and taxes (Ebit) had increased in the first three quarters of its 2009/2010 business year.
More foreign holidays planned this year
More Austrians are planning on holidays abroad this year after 2009 saw a drop in numbers, according to a study by public opinion research agency Karmasin.
Siemens Austria to lay off 500 to 600
Siemens Austria said today (Fri) it would lay off 500 to 600 of 2,000 workers in software division SIS (IT solutions and services) in the near future.
Graz police smash drug ring
An Iranian asylum seeker thought to be the boss of a drug-dealing gang has been arrested along with 11 cohorts, police said today (Fri).
Verbund could lose interest in French Poweo
Austrian energy provider Verbund’s 46 per cent interest in French electricity provider Poweo may become less valuable if the firm makes good on its threat to stop providing service to end customers.
Kasabian roll into Vienna
British indie rock giants Kasabian will return to Austria this summer, it has been revealed.
Paraglider crashes against bus
A 34-year-old paraglider escaped with bruises after smashing into a moving bus in Eben, Tyrol, yesterday (Thurs).
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