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 3
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.
Hotel guests in Austria decreasing
Austria’s hotel industry suffered a reduction of 0.5 percent compared to January 2012. The number of hotel guests from Italy and Austria has decreased.
Chamber of Labour wins case of gender discrimination
The Upper Austrian Chamber of Labour (AK) achieved 20,000 Euros of compensation for a legal expert in a settlement. The woman has been discriminated for years and received around 1,000 Euros less then a male colleague with an equivalent occupation.
Easter business in Styria has started
The Easter business has already started in Styria (Southeastern Austria), especially in regards to the popular chocolate Easter bunny. It is the second most important business of the year for the state.
Entrepreneurs demand more sick leave checks
The influenza wave has affected Styria (Southeastern Austria) in the last couple of weeks. This resulted in thousands of people taking sick leave and staff shortages in many companies. The Chamber of Commerce now demands more sick leave checks.
Border control points for sale
The border control points are on sale in Burgenland. Those who are interested in buying the buildings can contact the State Real Estate Agency. The sale, which concerns five border control points, runs from April to August.
Not enough food inspectors in Salzburg
There are not enough experts who examine food in Salzburg. The next training for inspectors will only start in a year. The lack of inspectors is now noticeable because more controls are necessary in the course of the horsemeat scandal.
Tax benefits for ski schools in Vorarlberg
More and more registrations of skiing instructors from Vorarlberg are part of the system of temporary workers provided by Trenkwalder. As the company’s headquarters are located in Liechtenstein, there are tax benefits.
Slag might cost voestalpine millions of Euros
LD-slag or steel mill slag has been used for road constructions for years. This by-product from steel production could now cost the Austrian steel company "voestalpine" millions of Euros as the Environmental Umbrella Association wants to ban the use of slag.
Hauswirth focuses on new design
The chocolate manufacturer Hauswirth from Kittsee (Burgenland) is focusing on a new design. Several packaging are now reedited or newly developed. After a legal dispute with Lindt & Sprüngli the company is also focusing on the new chocolate bunny "Goldohrhase".
Parking problems rise in Alterlaa
Infringements of new car-park ticketing machines in the car park in Alterlaa, which is better known as the "Interspar" car park, have become increasingly common of late.
Austrian Airlines uses fewer airplanes
Lufthansa subsidiary Austrian Airlines (AUA) has reduced staff in this winter period. It used five airplanes less than last February. This also means that there were fewer passengers in the first two months of 2013.
First electronic snowmobile presented
Electro mobility is the new trend. Stryria is also is focusing more and more on environmentally friendly modes of transport. This has even extended to the Ski World Championships in Schladming where the first electrically operated snowmobile was presented.
Debate about seasonal workers has started
The Austrian Chamber of Commerce (WKO) counters a statement of the head of the Austrian Chamber of Labour (AK) that seasonal workers would take away jobs from Austrians. The WKO said that it was a "sad debate" and "nonsense".
Record turnover for Palfinger
Palfinger, the manufacturer of cranes, located in Bergheim (Salzburg), who is listed on the stock exchange, obtained its largest turnover in its history. The record turnover is the perfect present for Mr Palfinger’s 80th birthday.
Do & Co increases profit and revenue
The Do & Co catering company, registered on the stock market in Vienna and Istanbul, has made more revenue and profit in the first nine months of the 2012/13 financial year, reveals a current press release by the company.
Direct flights to Salzburg with Turkish Airlines
The fast-growing Turkish Airlines company (THY) plan to fly to Salzburg from the coming summer. The current strong economy in Turkey means that more holidaymakers could travel to Salzburg, not only in the other direction.
Production of Schwedenbomben ensured for the moment
The manufacturer Niemetz has had problems with the production of their product "Schwedenbomben" because people showed solidarity for the sweet on the Internet. Short-term financing through factoring might be an end to the problems.
“Schwedenbomben” supplies running low
Niemetz, the insolvent manufacturer of "Schwedenbomben", is struggling to produce and deliver their product, and there has been a call for solidarity on Facebook to rescue the company.
Spar investigation continues
The Federal Competition Authority is continuing its investigations at the Spar Group’s headquarters in Salzburg-Taxham, presumably until 6 February. The company is under suspicion of price fixing.