Austria

Conservative Wilhelm Molterer struggles to hone leader's image

Vienna - Conservative Molterer struggles to hone leader's imageEver since Vice Chancellor Wilhelm Molterer became head of the conservative People's Party (OeVP) in early 2007, he has struggled to turn himself into a leading man who can make his party retake the Chancellorship from the social democratic SPOe.

Although the 53-year-old politician did well in some of the television debates during the election race, even some of his party members were unhappy with his campaign posters, which showed an ill-at-ease Molterer striking unnatural poses.

Far right set to gain in Austria polls, but winner uncertain

Vienna - Far right set to gain in Austria polls, but winner uncertainWhile it was unclear whether the Social Democratic Party (SPOe) or the conservative People's Party (OeVP) would win Sunday's Austrian parliamentary elections, one thing seemed certain: Both were expected to suffer substantial losses to rightist parties.

Although the early elections could end the coalition between SPOe and its junior partner OeVP, which lasted 18 months, Austria's political future was unclear as both parties have ruled out joining forces with the far right.

Austrian crane producer Palfinger buys leading US truck-body maker

Vienna - Austrian crane manufacturer Palfinger AG announced Thursday it was taking over Omaha Standard Inc, a leading truck-body maker in the United States that was under pressure from the financial crisis.

Palfinger, the world 's biggest producer of truck-bound cranes, said it would take over 100 per cent of the Iowa-based maker of bodies for pick-up and service trucks.

Omaha Standard has expanded its production capacity in recent years, but has not been able to use it fully due to the economic and financial crisis in the US.

The Austrian company said in a statement that Omaha Standard would be able to benefit from Palfinger's distribution channels.

Days before elections, Austrian parliament raises social spending

Austrian ParliamentVienna - With only three days to go before general elections, Austria's parliament passed several social spending bills which had been initiated by the Social Democratic Party (SPOe).

At the end of a 19-hour special session that lasted until early Thursday morning, lawmakers decided to abolish public university fees and raise government allowances for nursing care and for families.

The ruling Social Democrats formed various voting coalitions with different parties to push their bills through.

OPEC crude price hovers below 99 dollars

Organization of the Petroleum Exporting CountriesVienna - The price fo

Hungarian MOL plans to have 100 Austrian petrol stations this year

Hungarian MOL plans to have 100 Austrian petrol stations this year Vienna  - Hungarian oil and gas group MOL Plc. plans to operate 100 petrol stations in Austria this year, the company's CEO Zsolt Hernadi said in Vienna on Monday.

MOL was aiming at a market share between five and 10 per cent of Austria's petrol retail market, Hernadi told Austrian public broadcaster ORF.

The Hungarian company has told its Austrian rival OMV AG it wanted to buy 100 of its stations, but had not received and answer yet, Austrian news agency APA reported.

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