Vienna

CEE car industry to brave automotive crisis, study says

CEE car industry to brave automotive crisis, study says Vienna  - The car industry in Central and Eastern Europe is expected to recover soon from the current crisis and to suffer less than producers in Western Europe, according to a study released in Vienna on Monday.

While industry and logistics experts at the Fraunhofer Austria Research institute said in their study that production would stagnate in Western Europe and the United States until 2012, the CEE region would see growth rates of 30 per cent.

ElBaradei seeks large IAEA budget increase despite economic crisis

International Atomic Energy Agency (IAEA) chief Mohamed ElBaradeiVienna  - International Atomic Energy Agency (IAEA) chief Mohamed ElBaradei called for a substantial budget increase Monday, even as two diplomats in the race to succeed him have struck a more cautious tone amid the current economic crisis.

ElBaradei warned member states Monday that "if we carry on with business as usual, the agency's effectiveness and the quality of the services we provide to you will continue to erode to a dangerous level."

Conservative bishop candidate withdraws after protests in Austria

Gerhard Wagner Vienna - Reacting to massive protests, ultraconservative Austrian Catholic priest Gerhard Wagner withdrew his nomination to become auxiliary bishop, saying Monday he had received "merciless" treatment.

Wagner, 54, suggested in 2005 that Hurricane Katrina could have been God's punishment for abortion clinics, prostitution and homosexuality in New Orleans.

"Ever since I was nominated, I sensed opposition that often was carried out in a merciless and unkind way," Wagner told public radio Oe1 Monday, after having handed in his withdrawal on Sunday evening.

West Nile virus has reached Austria, virologist says

West Nile virus has reached Austria, virologist says Vienna  - The West Nile virus, which can cause meningitis in humans, has reached Austria, an virologist said Friday in Vienna.

Birds carrying the virus were detected in Austria for the first time last year, Norbert Nowotny, a professor at the Vienna University of Veterinary Medicine, told Austrian press agency APA.

The disease was imported from Hungary last summer, but only birds in eastern Austria fell ill. No humans were infected by the disease which is spread by mosquitos.

Lauda: Formula One well positioned to weather financial storm

Nicki LaudaVienna - Three-time world champion Nicki Lauda believes Formula One has taken the steps necessary to make it through the financial crisis but has little time for the new KERS system.

"Formula One is well prepared for the crisis, it's cutting costs," the Austrian told Deutsche Presse-Agentur dpa.

"Fortunately apart from Honda (who pulled out from the sport late last year), nothing else has happened. That's as much as you can hope for in these times."

FIA president Max Mosley and F1 supremo Bernie Ecclestone are doing everything to keep costs under control but the sport in a way regulates itself, said Lauda.

Building slump halves operating profit at brickmaker Wienerberger

Wienerberger LogoVienna - Wienerberger AG, one of the world's largest brickmakers, released figures Thursday showing its operating profit fell by more than 50 per cent in 2008, as the building slump and restructuring weighed down results.

Wienerberger would "use further shutdowns to ensure that our plant network is able to meet the changes in markets and sales volumes," chief executive Wolfgang Reithofer said.

Since last summer, the brickmaker has already shut 27 plants in countries such as the United States, Britain and Germany. Restructuring costs amounted to 55 million euros.

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