European Technology, Media and Telecoms Correspondent
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Dec 19, 2012

Voestalpine plans fast growth in Asia, Americas

VIENNA, Dec 19 (Reuters) – Austrian steel group Voestalpine
plans to boost its sales by two-thirds by 2020 through
aggressive expansion in the Americas and Asia to offset sluggish
demand and excess capacity in Europe.

The company aims to increase its sales to 20 billion euros
($26 billion) over the next eight years while maintaining
profitability, helped by a new half billion-euro plant in North
America that will supply cheaper raw materials for steelmaking.

Dec 14, 2012

Hutchison-Orange deal in hands of Austrian watchdog

VIENNA (Reuters) – Hutchison Whampoa’s (0013.HK: Quote, Profile, Research, Stock Buzz) managing director flew into Vienna on Friday to fight for his company’s 1.3 billion euro ($1.7 billion) takeover of Orange Austria (FTE.PA: Quote, Profile, Research, Stock Buzz) held up for almost a year by regulatory wrangling.

Hutchison’s Canning Fok, who is based in Hong Kong, said he had had constructive talks with the BWB, the Austrian competition authority, the regulator that could still block the deal.

Dec 4, 2012

Student group to go to court over Facebook privacy policy

VIENNA, Dec 4 (Reuters) – An Austrian student group plans to
go to court in a bid to make Facebook Inc, the world’s
biggest social network, do more to protect the privacy of its
hundreds of millions of members.

Campaign group europe-v-facebook, which has been lobbying
for better data protection by Facebook for over a year, said on
Tuesday it planned to go to court to appeal against decisions by
the data protection regulator in Ireland, where Facebook has its
international headquarters.

Dec 4, 2012

Student group to sue Facebook over privacy policy

VIENNA, Dec 4 (Reuters) – An Austrian student group plans to
sue Facebook Inc, the world’s biggest social network, for
failing to do enough to protect the privacy of its hundreds of
millions of members.

Privacy campaign group europe-v-facebook, which has been
lobbying for better data protection by Facebook for over a year,
said on Tuesday it planned to sue the U.S. company in Ireland,
where it has its international headquarters.

Nov 27, 2012

Cartel court OKs Telekom Austria takeover of Yesss

VIENNA, Nov 27 (Reuters) – Telekom Austria got the
go-ahead to buy Orange Austria’s discount mobile brand
Yesss, paving the way for a long-awaited consolidation of
Austria’s telecoms market.

The Yesss deal hinges on a 1.3 billion euro ($1.7 billion)
agreement for Hutchison Whampoa to buy Orange Austria,
which was signed in February and is likely to be approved soon
by the European Commission after a prolonged investigation.

Nov 26, 2012

Ex-EU lawmaker Strasser “harmed European politics”

VIENNA (Reuters) – Disgraced Austrian politician Ernst Strasser harmed European politics by agreeing to push for laws in the European Parliament in exchange for money, a Vienna prosecutor said when his bribery trial started on Monday.

The former Austrian interior minister and European lawmaker was caught on camera boasting of his lobbying skills and saying his clients paid him 100,000 euros ($130,000) a year for influencing legislation.

Nov 25, 2012

European lawmaker Strasser on trial for corruption

VIENNA (Reuters) – Disgraced Austrian politician Ernst Strasser goes on trial on Monday in a corruption case that has undermined trust in European and Austrian institutions.

The former Austrian interior minister and European lawmaker could face 10 years in jail if convicted, after being caught on camera offering to propose amendments to European laws in exchange for 100,000 euros ($130,000 a year).

Nov 22, 2012

“Ice lady” gets life sentence for double murder

VIENNA (Reuters) – An ice-cream parlour owner dubbed the “ice lady” for the calculated way in which she killed her ex-husband and lover was sentenced to life in a secure mental institution on Thursday.

Estibaliz Carranza, 34, had confessed to shooting the two men at close range in the back of the head, cutting up their bodies with a chainsaw, freezing them in a deep freeze and later interring them in concrete under the cellar of her store.

Nov 22, 2012

EU briefing signals nod for Austria telecoms merger

VIENNA, Nov 22 (Reuters) – European Union anti-trust
regulators are set to brief national authorities next week on
Hutchison’s planned takeover of Orange Austria, in a move likely
to signal EU approval for the deal.

The Austrian competition regulator, the BWB, said it and all
the other EU national regulators had been invited to a meeting
in Brussels on Nov. 27, at which the BWB planned to voice its
concerns about the merger to the European Commission.

Nov 19, 2012

German prosecutors think EADS paid bribes in Austria deal

VIENNA, Nov 19 (Reuters) – German prosecutors believe
European aerospace group EADS paid at least 50 million
euros ($63.5 million) in bribes to Austrian officials to secure
a $2 billion deal for Eurofighter jets, according to a document
seen by Reuters.

Authorities in Germany, Austria and Switzerland raided EADS
sites earlier this month in connection with
investigations into suspected bribery, money-laundering and
fraud related to the 2003 deal for 15 jets.

    • About Georgina

      "Currently based in London, with particular responsibility for professional publishers and the European activities of global technology, media and telecoms firms. Previously European technology correspondent based in Frankfurt. Began career in local radio in Glasgow and then worked in TV news for many years for Reuters, the BBC and Sky News in London and Moscow."
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