© www.stranz.at

09. 03. 10. - 12:00

• more Business news
• RSS Feed Business

09. 03. 10. - 12:00

Stranz enters bankruptcy proceedings

Personnel leasing firm Stranz based in Fernitz in Styria’s Graz-Umgebung district entered bankruptcy proceedings yesterday (Mon).

The Alpine Land Creditors Association said the firm had debts amounting to 1.1 million Euros and that the bankruptcy would affect 67 employees and five creditors.

The firm said the impact of recession had led to its bankruptcy.

Austrian Times

Related articles: crisis

1. Doomed Triumph staff to work part time

   » Business 2010-09-02

   Employees at underwear and lingerie manufacturer Triumph International AG’s Hartberg factory will work part time for the next few months, it has been revealed just weeks after firm chiefs announced plans to lay off every [...]

2. Denying Greece support 'dangerous', Pröll warns

   » General News 2010-09-02

   People’s Party (ÖVP) Vice Chancellor Josef Pröll has warned of "dangerous developments" as European Union (EU) member states have backed out of the previously agreed upon support package for Greece.

3. Obama does not care about Europe, says Prodi

   » General News 2010-09-01

   Former European Commission (EC) president Romano Prodi has caused controversy by claiming US President Barack Obama did not care about Europe.

4. Faymann adamant about financial transactions levy

   » General News 2010-09-01

   Social Democratic (SPÖ) Chancellor Werner Faymann has pledged to press on with attempts to introduce a Europe-wide tax on financial transactions.

5. Bitter first six months for Manner

   » Business 2010-08-31

   Vienna sweets producer Manner suffered a decline in turnover in the first half of 2010.

6. Porr hit by earnings decline

   » Business 2010-08-31

   Porr said the construction industry was "facing the biggest challenges in decades" as the firm presented a decline in earnings and turnover today (Tues).

7. Hungarian bank tax a 'prime example for a misguided measure'

   » Business 2010-08-31

   Raiffeisen International (RI) boss Herbert Stepic has launched an exceptional attack on the Hungarian government over its decision to set up a bank levy.

8. Strabag reduces its losses

   » Business 2010-08-31

   Strabag SE – Austria’s biggest construction firm – managed to reduce its losses in the first half of this year.

9. Private phone directory service is broke

   » Business 2010-08-31

   Austria’s first private telephone directory assistance hotline Alles Auskunft – 11 88 99 has gone bust.

10. Mayors may slash culture spending, poll shows

    » General News 2010-08-30

    A vast majority of the mayors of Austria’s debt-ridden towns could imagine cutting back subsidies for cultural events.

Christie + Co to open Vienna office
Christie + Co has presented plans to open its first branch in Austria later this year.

Woman hides in forest for two days after petrol assault
A Styrian woman hid from her jobless husband for two days after he had showered her with car fuel, it has been announced.

Austrian found after getting lost in Croatia cycling trip
An elderly Austrian who went missing during a cycling outing in Croatia was found this morning (Thurs) after an all-night search in Croatia.

Iraq veteran faces new life to save brother in Traiskirchen
A Moroccan-born man who fought in the American army during the US invasion of Iraq is now fighting another battle to save the life of his brother.

Plane crash claims two
Two people were killed in a plane crash in Upper Austria this afternoon (Thurs).

Lukas and Sarah top baby name charts
Lukas was the most popular name for boys born in Austria for a 14th year in a row last year, according to a study.

Austrian's website lauded by Time Magazine
A stock market information platform created by an Austrian is in the top three in a prestigious US magazine’s annual ranking of the best homepages in the world.

Ban warns of difficult Middle East peace talks
United Nations (UN) Secretary-General Ban Ki-moon has warned that reopened peace talks between Israel and the Palestinian National Authority will "not be easy".

Strache hits out at 'centralist' EU
Freedom Party (FPÖ) leader Heinz-Christian Strache has attacked the European Union (EU) for being a "centralist" association.

Denying Greece support 'dangerous', Pröll warns
People’s Party (ÖVP) Vice Chancellor Josef Pröll has warned of "dangerous developments" as European Union (EU) member states have backed out of the previously agreed upon support package for Greece.