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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.

02. 09. 10. - 12:00

AVL eyes up NTC

AVL Holding GmbH (AVL) is considering taking over NTC Powertrain Australia, USA and UK (NTC), it has been reported.

Business newspapers have it today (Thurs) that the Graz-based firm has signed a letter of intent to acquire the internationally operating firm.

NTC provides transmission designs and prototype solutions to car-making companies such as General Motors, Volkswagen (VW) and Ford.

AVL focuses on development, simulation and testing technology for powertrains for passenger cars, lorries and large engines. It has around 4,300 employees around the world.

AVL eyes up NTC

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