Salzburg deputy resigns after 3bn rogue trader loss Salzburg's deputy governor and the man in charge of the province's finances has announced he plans to resign next month after an alleged rogue trader gambled away billions on risky financial market ventures.
Business, page 2
The struggle of Klagenfurt Airport
The new director of Klagenfurt Airport, Carinthia (Southern Austria), has taken on a difficult task. Max Schintlmeister wanted to provide concrete plans for the development of the airport by the end of March but these have not been finalised yet.
Viennese Fiaker: defects despite checks
The number of serious defects in Fiaker (horse-drawn carriages) have decreased but the number of light defects have increased. The city of Vienna is satisfied with the regulation of the stables and animal protection.
Tyrolean administration will be shut down in Innsbruck
Austrian Airlines (AUA) will close the administration of its subsidiary Tyrolean in Innsbruck (Western Austria). Technical maintenance and the Austrian Airlines call centre will remain in Innsbruck. 100 to 400 employees are concerned.
Record year for brewery Mohrenbräu
The brewery Mohrenbräu from Dornbirn, Vorarlberg (Western Austria), was able to increase its sales by 2.5 percent, which is another record in the company’s history. After the record year of 2011, the sales of beverages increased to an amount of 175,950 hectolitres.
Petrol price will be set before holidays
The price corridor of petrol, which will prevent price usury, will come into force at Easter once again. The prices of petrol are frozen on holiday weekends when people tend to travel a lot.
Consumers benefited from the regulation last year. It will expire at the end of 2013. Operators of service stations are not allowed to change the petrol prices at the following dates:
Easter: from Thursday, 28 March (11.00 a.m.) until Monday, 1 April (24.00 p.m.)
Ascension Day: From Wednesday, 8 May (11.00 a.m.) until Sunday 12 May (24.00 p.m.)
Whitsun: From Thursday, 16 May (11.00 a.m.) until Monday, 20 May (24.00 p.m.)
Corpus Christi: From Wednesday, 29 May (11.00 a.m.) until Sunday, 2 June (24.00 p.m.)
Assumption Day: Wednesday, 14 August (11.00 a.m.) until Sunday, 18 August (24.00 p.m.)
Price changes are also not valid on the first two weekends of the summer holidays: from Thursday, 27 June (11.00 a.m.) until Sunday, 30 June (24.00 p.m.) and from Thursday, 4 July (11.00 a.m.) until Sunday, 7 July (24.00 p.m.).
The reason for the introduction of setting prices was the fact that services stations excessively increased petrol prices before holidays, stated the driver’s club ÖAMTC.
This is why a regulation froze the petrol prices for the first time on three weekends in 2012. Thus, the market transparency was increased and it was easier to compare prices.
The ARBÖ, another driver’s club, said that a counter argument, which states that service stations cannot reduce prices either, cannot be justified. "If prices are set too high, oil companies risk a loss in business", ARBÖ-General Secretary Lydia Ninz explained.
Taxi chaos at Vienna airport
Tourists who aren’t aware of the complex taxi politics at Vienna’s International Airport are potentially being charged too much for runs between the airport in Schwechat (Lower-Austria) and Vienna itself.
Drop in sales for pharmacies in Salzburg
Chemists from Salzburg are complaining about a drop in sales. As patents for expensive drugs have been expiring, health insurance companies are replacing them by cheaper generics in order to reduce their costs. However, this affects chemists.
Live like a local - a new trend in Vienna
More tourists choose to live in private apartments during their stay in Vienna. Hotels do not fear competition but have concerns about the living standards. Vienna Tourism considers the trend to be positive.
Tourism record in February
Vienna Tourism has set a new record in February and excelled the record from last year. There are more tourists from Russia, Great Britain, the USA and Japan.
Porsche Holding makes record revenue
The Porsche Holding Salzburg (PHS) has reached new record revenue. It increased from 2011 to 2012 by 34.5 percent to 15.2 billion Euros. The cause for the growth turned out to be sales and marketing activities.
Asfinag modernises emergency telephones
Emergency telephones on Austrian motorways or in tunnels will be modified. Members of the Asfinag (the motorway financing stock corporation) will thus be able to react even faster. 400 emergency telephones have been modified so far.
Police are looking for young talents
The Vienna police are once again looking for young talents. 500 recruits are needed in order to meet the personnel requirements. There will be 1,000 more police officers until 2015.
ÖAMTC: no need for more car parks
The operators of car parks in Vienna are pleased about the expansion of parking sticker zones. The driver’s club ÖAMTC confirms a good fill rate but does not spot the need of additional car parks.
Record year for congress tourism
3,376 congresses and conferences were held in Vienna in 2012, which is an increase by 7 percent compared to 2011. The forecast for this year is promising.
Every ski accident costs 70,000 Euros
50,000 skiers or snowboarders were injured in Austria last year and caused high economical costs. On average, every ski accident costs 70,000 Euros.
Pago will close down headquarters
The fruit producing company Pago will shut down its headquarters in Klagenfurt at the end of 2013 and move to Upper Austria. Production will be outsourced to Spain and France. 110 employees will lose their jobs.