Business
29. 07. 10 - 14:45
XXXLutz in €200mn Lesnina deal
Austrian furniture megastore chain XXXLutz has coughed up around 200 million Euros to snatch up a Slovenian competitor, it has been claimed.
Austrian Airlines (AUA) bosses have said they will continue to carry out the ongoing cost-cutting regime as the firm suffered losses of 67 million Eur [...]
TA joins WAC as job cull fears linger on
Telekom Austria Group (TA) has joined an internationally-operating union of telecommunication service providers. [...]
Austrian weapons 'used in Afghanistan'
Allied forces fighting in Afghanistan were using Austrian weaponry in a possible breach of Austrian law, according to leaked files. [...]
Most supermarket apples contain pesticides, test shows
Most apples on sale in Austria are laced with pesticides, a consumer magazine report has shown. [...]
Motorway toll sticker price edges up
Motorway authority Asfinag said today (Weds) next year’s annual motorway toll sticker will be slightly more expensive than its predecessor. [...]
EVN fined over dominance in Bulgaria
Bulgarian legal chiefs have confirmed an anti-monopoly body’s decision to fine Austrian firm EVN. [...]
Mitterlehner expects strong 2010 economy
People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner has said the Austrian economy will prove think tanks wrong by growing stronger than predic [...]
Verbund focuses on investments despite capital increase row
Verbund chief Wolfgang Anzengruber has said planned investments might be delayed due to the continuing debate over a capital increase. [...]
Controversial undertaker is broke
An undertaker who rose to fame for burying children in colourful coffins has filed for bankruptcy. [...]
Apple’s iPhone 4 will go on sale in Austria later this week, it has emerged. [...]
KTM-Bajaj motorbikes on sale next year
KTM Power Sports AG boss Stefan Pierer said today (Tues) production of a new range of motorbikes will start shortly. [...]
Alarm bells are ringing at Salzburg workers’ unions as the city plans to axe almost 200 jobs over the next two years. [...]
Nine die as Al-Qaeda attacks OMV oil field in Yemen
Al-Qaeda terrorists are suspected of being behind an attack on soldiers protecting a oil drilling site in Yemen run by Austrian firm OMV. [...]
BP Austria unaffected by Gulf of Mexico drama
British Petroleum’s (BP) business in Austria is not affected by the Gulf of Mexico oil spill, according to a spokesman for the company. [...]
Big three get together for Brenner rest stop project
Three of Austria’s biggest companies have teamed up to build and run a motorway rest stop in Tyrol. [...]
Glass factory temporarily shut after weekend incident
An Upper Austrian glass manufactory had to be closed down temporarily after several litres of liquid glass escaped a defunct oven last night (Sun/Mon) [...]
Higher women's haircut prices found 'baseless and inappropri
Fears of soaring prices at hairdressers have emerged after a commission ruled lower prices for men were unjust. [...]
Motorbike producer KTM Power Sports AG has all chances of being back in the black this business year after seeing a rise in earnings in the first quar [...]
Insurers brace for record bill this year
Insurers have said they may have to pay out more natural disaster compensation than ever before as Austria has been hit by several devastating thunder [...]
Croatia wins arbitration against Austrian firm
Croatia is celebrating after a United Nations (UN) court rejected an Austrian company's demand for 80 million Euros compensation over a failed gamblin [...]
Wolford finds things less tight as earnings soar
Vorarlberg textiles producer Wolford has managed to double its earnings year on year, it has emerged. [...]
Vienna tourism reports record overnight figures
The Viennese tourism industry seems to be over the worst of the economic downturn as it had its best first six months of the year in history. [...]
Seidel Elektronik staff figure reaches record high
Styrian electronic products manufacturer Seidel Elektronik said it hoped for pre-crisis business figures for this year as it employs more staff than e [...]
DO&CO has already qualified for the Euro2012 after the caterer was chosen to organise the event’s hospitality services. [...]
Croat uni rejects Erste's €8,000
A Croatian university has controversially turned down an offered 8,000-Euro donation by the foundation of one of Austria’s biggest banks. [...]
Upper Austrian industrial firm goes bust
Upper Austrian firm Franz Hittmayr GmbH has filed for bankruptcy, it has emerged. [...]
ORF radio market share edges down
State broadcaster ORF saw its share of the radio market fall at the start of this year although it still dominates. [...]
Strabag bags another Abu Dhabi order
Austrian construction top dog Strabag SE has won a second major assignment in Abu Dhabi within two months, it has been revealed. [...]
Bures rules out flight ticket tax
Social Democratic (SPÖ) Infrastructure Minister Doris Bures has rejected calls for a taxation of flight tickets. [...]
New hopes for more post offices
Struggling Post AG is set to make a sensational U-turn on its branch policy, it emerged after yesterday’s (Tues) supervisory board meeting. [...]