Thursday, 05. December 2013
21. 11. 12. - 10:00
Gun maker Glock based at Ferlach in Carinthia in Austria is to invest 42 million euros in its operation there - and at the same time take on an additional 40 staff to meet demand.
The move was announced during a local government meeting by the regional governor Gerhard Dörfler (FPK) which said they would be making grants of 1.7 million euros towards the expansion.
The 40 extra jobs will be in addition to the 330 already employed at Ferlach and order books are reportedly full.
The Glock pistol is a series of semi-automatic weapons originally designed for the Austrian army.
The company's founder, engineer Gaston Glock, had no experience with firearm design or manufacture at the time their first pistol, the Glock 17, was being prototyped. Glock did, however, have extensive experience in advanced synthetic polymers, knowledge of which was instrumental in the company's design of the first successful line of pistols with a polymer frame.
Despite initial resistance from the market to accept a "plastic gun" due to durability and reliability concerns, Glock pistols have become the company's most profitable line of products, commanding 65% of the market share of handguns for United States law enforcement agencies as well as supplying numerous national armed forces and security agencies worldwide.
Austria sees biggest increase in property prices in Europe
Property in Austria has seen the highest rate of price growth in Europe since the Lehman brothers bank crashed, throwing the region and other countries housing markets into an economic downturn.
Austrian oil and gas industry report published
A report analysing the Austrian oil and gas markets between 2000 and 2005 has been made available on the Research and Markets website, a publishing platform for industry market research.
Acclaimed comedy show comes to Vienna
Vienna's English Theatre in the eighth district of the city is putting on two new shows in the new year, including one that may help to chase any post-Christmas blues away.
Iran nuclear meeting to be held in Vienna
Representatives from Iran, six mediators, and members of the International Atomic Energy Agency (IAEA) are meeting in Vienna in December to discuss an agreement made last month regarding Iranian uranium.
Austria paving the way in air traffic control
Austria has taken a step forward in the move to unify Europe's air traffic control systems by implementing the latest software from the Co-operation of Air Navigation Service providers (COOPANS).
Talks with China begin on high-speed railway from Vienna to Black Sea
Talks have begun with Chinese partners about the construction of a 'European corridor' that will connect Vienna to the Black Sea port of Constanta in Romania.
What´s on at the Burg Kino cinema this week (6 December – 12 December)
The following films are on at the English language Burg Kino cinema on the Opernring between November 6th and December 12th. From December the 5th to December the 8th Burg Kino will host the “Festival des Russischen Films”.
Campaign to Save Salzburg Airport Steps Up
Thousands of holidaymakers to Salzburg could find their flights in danger over plans by Germany to force the airport to cancel flights.
One million euros from Austrian government supports African peace and security programme
The Austrian government signed an agreement last Friday, pledging 1,000,000 Euros in support of the African Union Gender, Peace and Security Program (GPSP).
Over a third of state aid repaid by Austrian bank BAWAG PSK
A further 150 million Euro is being repaid by Austrian bank BAWAG PSK to the state, leaving the lender with just under two thirds of repayments left to make.
The most popular stories –
last 7 days
|Design markets offer an alternative Christmas in Vienna|
|Two Brothels Closed in Red Light Clampdown|
|Settlement puts an end to scandal between Vienna art museum and former director|
|Baby panda at Vienna Zoo finally gets a name|
|Austria has Top Four Ski Resorts|
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.