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Saturday, 04. February 2012 - 10:02

Breaking News:

Tragic schoolgirl Julia to be laid to rest An Austrian schoolgirl whose disappearance was once linked to incest monster Josef Fritzl is to be buried today.
Camera leads to hit and run boarder arrest Austrian police have arrested a hit-and-run snow boarder after issuing the man's picture to local media.
Vranitzky appreciates tuition fees discussion Former Social Democratic (SPÃ–) Chancellor Franz Vranitzky has said he welcomes the current debate about a reintroduction of tuition fees.
Westbahn welcomes 6,000 a day Westbahn manages to sell one in two of the overall number of tickets it offers, a spokesman said today (Fri).
Wiener Linien records rising demand for annual passes The number of people opting for annual Wiener Linien tickets is soaring.
Vice chancellor refuses to exclude FPÃ– The Peopleâ€™s Party (Ã–VP) keeps refusing to disassociate itself from the Freedom Party (FPÃ–) following FPÃ– leader Heinz-Christian Stracheâ€™s controversial comparisons with the Nazi era.
Vienna Ã–VP endorses proposed district cuts Vienna Peopleâ€™s Party (Ã–VP) Josefstadt district head Veronika Mickel suggested continuing to speak about a reduction of positions in the city's administration.
Electricity prices 'should be lower' The head of energy sector authority E-Control has claimed Austrians are paying too much for electricity.
Ellensohn ready for district cost cutbacks Viennese Councillor David Ellensohn has claimed Austriaâ€™s financial difficulties could be solved in one step if the Peopleâ€™s Party (Ã–VP) gave up its blockade against a tax on assets.
Ã–VP-FPÃ– coalition option unaffected by 'New Jews' quote Leading Peopleâ€™s Party (Ã–VP) representatives have refused to rule out forming a coalition with the Freedom Party (FPÃ–) after the coming election - despite disputed statements by the right-wing partyâ€™s chairman.
Hundstorfer confident despite rising unemployment Austria registered a rise in joblessness last month â€“ but the number of employed people rose as well.
Retail trade turnover tumbles Austriaâ€™s retail trade has suffered a decline in turnover.

23. 07. 10. - 15:00

KTM recovery continues

Motorbike producer KTM Power Sports AG has all chances of being back in the black this business year after seeing a rise in earnings in the first quarter.

Stefan Pierer, head of the firm with headquarters in the Upper Austrian town of Mattighofen, said today (Fri) its earnings before interest and taxes (Ebit) in the third quarter of the current 2009/2010 business year reached 12.4 million Euros following losses of 56.7 million Euros in the same quarter of the previous business year.

Pierer said he was optimistic about being in the black at the end of the business year thanks to "adapting capacities and lowering costs".

KTM – which is listed on the Vienna Stock Exchange (WBAG) – laid off 450 workers in the 2008/2009 business year following dwindling orders.

Pierer said he expected his company to have built an overall 65,000 to 66,000 motorcycles and off-road vehicles at the end of this business year. Around 64,000 vehicles had left KTM’s conveyor belts in the 2008/2009 business year.

The firm chief said he was convinced KTM’s focus on emerging markets such as India and Brazil will help the company to get back on track.

KTM recovery continues

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