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South Africa

South African to Lead Global Research Institute IIASA in Laxenburg near Vienna

Vice Chancellor of South Africa’s University of KwaZulu-Natal, Dr Albert S. van Jaarsveld, has been appointed as Director General and CEO of the International Institute for Applied Systems Analysis (IIASA). Dr. Albert van Jaarsveld has become the eleventh Director General of IIASA on 1 October 2018. He succeeds outgoing Director General Professor Pavel Kabat who became the first Chief Scientist of the United Nation’s World Meteorological Organization (WMO).

October 1, 2018

Austrian Airlines Celebrates 60th Birthday

Austrian Airlines Österreichische Luftverkehrs Aktiengesellschaft was founded on 31 March 1958. This week, 2,500 guests celebrated the 60th birthday of the red-white-red airline in the hangar at Vienna Schwechat Airport.

May 25, 2018

Austrian Airlines to Hire 600 New Employees, to Fly to Tokyo and Cape Town

Close to 12.9 million passengers flew with Austria’s national carrier last year, comprising a rise of 12.8 percent compared to the previous year. In 2018 the airline plans the integration of another long-haul aircraft, a Boeing 777-200 jet, in its fleet. It is planned to hire 150 employees just to operate this one new aircraft. In total about 200 pilots, 300 flight attendants and 100 employees in the fields of aircraft maintenance and ground handling will be hired. The additional capacity will enable Austrian Airlines to expand its intercontinental route network to Japan and South Africa.

March 1, 2018

Erdogan Considers Leaving U.N.

Turkey´s Prime Minister Recep Tayyip Erdogan puts pressure on the United Nations. The representation of the Security Council is not balanced, Erdogan criticizes.

August 26, 2013

KapschTrafficCom Still Struggling in South Africa

The South African government cannot start the project since the state-controlled toll company is already in desperate straits. Further financial aids are not in sight.

July 25, 2013

Negative Operating Results for Kapsch TrafficCom

Due to delays in two major projects, the Austria toll collection system supplier recorded operating losses in the third quarter of 2011/12. Revenues were up massively.

February 29, 2012

Voestalpine Amends Expansion Plans

The Austrian steel producer intends to use its technologic leadership in the automotive component business for further expansion steps.

February 18, 2012

Styrian Mining Company Causes Problems for Austrian Banks

The Austrian mining company Decometal has debts reaching € 250m. Now, the company will be restructured. Loans must be extended.

December 28, 2011

KapschTrafficCom to Gain Order from Russia

The Austrian toll collect system supplier expects final announcement on the award of a Russian contract in two weeks.

December 5, 2011

Kapsch TrafficCom Reports Strong Growth

Revenues of the Austrian toll system supplier increased by 90%, EBIT more than doubled in the first half of the fiscal year 2011/12.

November 23, 2011

Leitl Promotes Exports to BRICS-Countries

The President of the Austrian Chamber of Commerce, Christoph Leitl, wants the exporting industries to focus more on Brazil, Russia, India, China and South Africa.

November 22, 2011

Agrana to Expand into South Africa

The Austrian fruit and starch company consolidates its presence in South Africa and starts production of fruit preparations in Johannesburg.

November 7, 2011

Efkon Receives Further Major Order in South Africa

The subsidiary of Austrian construction group Strabag has been awarded an € 11m contract for supply and maintenance of toll plazas.

August 18, 2011

Kapsch Gains Contract in South Africa

The Austrian Kapsch TrafficCom AG listed on the Vienna Stock Exchange, has been awarded contracts with a volume of € 17m in South Africa.

February 3, 2011

EFKON Group Wins Major Contract in South Africa

The Austrian EFKON Group has been awarded a contract to install an Intelligent Transportation System on freeways in South Africa.

February 2, 2011

Kapsch TrafficCom's South African subsidiary wins contract worth EUR 17.5 million

TMT Services and Supplies, the South African subsidiary of Kapsch TrafficCom has been awarded a contract by the City of Johannesburg worth approximately EUR 17.5 million.

September 2, 2010
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