Saturday, 19. April 2014
30. 03. 09. - 14:00
Upper Austrian motorcycle manufacturer KTM announced today (Mon) it would put 733 of its 1,482 employees into part-time work from May until August.
KTM said the measure would apply to all categories of employees, including white-collar employees as well as manual labourers.
The firm said the measure would effectively result in two fewer months of production this year.
The move comes after KTM’s announcement in late January it would lay off 150 workers in its leasing division and 150 core employees by April this year.
KTM chief Stefan Pierer then warned in advance the firm might have to resort to part-time work at that time.
Pierer added the company was planning to decrease production by 25 per cent but said he expected business to get slightly better next year.
And he claimed the motorcycle industry was in better shape to survive the recession than the car industry since more people would opt for motorcycles during a recession.
Meanwhile the company is to get a 30 million Euros capital increase from owner Cross Industries and its Indian partner Bajaj with the latter raising its interest in the firm to 30 per cent.
KTM is also planning mass production of an electric-powered, all-terrain endurance bike within two years.
Pink Easter bunny helps Vienna art world pay tribute to Dürer
The Viennese art world has created its own version of the Easter Bunny – by making a giant sized sculpture of the famous Albrecht Dürer painting currently on display until 29 June as part of the exhibition "Dürer, Michelangelo, Rubens"
Pressure Group To Tackle Victims Of Austrian Officialdom
A group of businessmen fed up at the way companies are being squeezed not only by red tape but also by ever newer taxes have taken to the Internet to try and build up pressure for change.
First Hotel in Millstatt Celebrates 130th Anniversary on Summer 2014
Luxury hotel See-Villa in Millstatt, Carinthia opens its doors anew to welcome the 2014 summer season and celebrates its 130th founding anniversary in Austria's summer capital.
Austrian Teen Girls Become Pin Ups For Syrian Jihad
Interpol is searching for two Austrian teenage girls who they believe have been tricked into going to Syria to fight on the side of Islamic rebels.
As seen at Haydn Kino: The Amazing Spider-Man 2
Film review by Kostyantyn Steblovskyy
Schools Ordered To Save, But Also To Buy Expensive Scales
Austria's embattled finance ministry has been dragged into a new scandal after it emerged that at the same time as demanding schools save 57 Millionen Euros, they were also expected to find an additional 3 million to buy an approved set of weighing scales.
OAP Hunts Down THIS Hit And Run Cyclist
Does anyone recognise this cyclist? If so you can get yourself 200 euros, and do a good deed in the process.
Property price rise continues
The price of property in Vienna has now spiralled so much that every 4th apartment comes with a price tag of 500,000 or more. And every second flat costs 300,000 or more.
Free Staff For One Person Companies - But Only In NÖ
Since the beginning of the year one-man-companies, the so called "Ein-Personen-Unternehmen" in Lower Austria have been entitled to help in the form of a free assistant.
What is on at Burg Kino this week? (18 April - 24 April)
This week at the Burg Kino on the Opernring the following films are showing:
The most popular stories –
last 7 days
|Turtle flies from Vienna to India to try his luck with the ladies|
|Austria Accused Of Ignoring Giant Nazi Swastika|
|Muslim Brotherhood leader denies move to Graz|
|Two teenage girls go missing as they fly from Austria to fight in Syria|
|House Where Hitler Born Painted Blue By Vandals|
Why suffer in silence. Let off steam by letting our readers share your troubles. File your complaints about anything and everything here.
Our ombudsman David Rogers will try and help solve some of the problems from lazy civil servants through to incompetent companies – and at the very least the worst transgressors will end up in our weekly special report.