Billa price hikes ahead

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Business

Bosses of leading supermarket chain Billa have revealed plans to raise some prices.Billa board member Josef Siess said today (Fri) it would be “illusory” not to implement increases considering current international developments. Various foodstuff and raw materials have become more expensive in the past months, developments speculators have been accused of by many economists and […]

EVN turnover slides

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Business

The turnover of electricity and gas provider EVN AG has dropped slightly, new figures show.The Lower Austrian company said today (Thurs) it achieved a turnover of 1.63 billion Euros in the first half of the 2010/2011 business year, 0.3 per cent less than in the same period of the previous business year.EVN added that its […]

Half of Austrians unimpressed by crisis comeback concerns

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Business

Only three per cent of Austrians say they are not at all worried about another crisis.Pollster Market said today (Thurs) just three in 100 citizens had no concerns at all about a comeback of the recession in the foreseeable future. The agency added that 50 per cent of Austrians were “rather not worried” while six […]

Brief stay boom pressurises tourism industry

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Business

Growing interest in short-term stays and fewer German tourists left the Austrian winter tourism industry with a decline in overnight stays.Statistik Austria said today (Thurs) that hotels and guesthouses recorded 62.04 million overnight stays between November 2010 and April 2011, down by 1.1 per cent compared to the previous winter and around as many as […]

Sturm celebrate Bundesliga triumph

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Sports

Sturm Graz have won the Austrian Football Bundesliga for a third time in the club’s history.The team managed by German Franco Foda beat Wacker Innsbruck 2-1 last night (Weds). Red Bull Salzburg (RBS), who won the league last season, overtook Austria Vienna to claim second place in the final standings. The squad of Ricardo Moniz […]

Austria invested €6bn in post-Communism Romania

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Business

Austrian companies have invested six billion Euros in Romania since the fall of Communism, a diplomat has revealed.Michael Schwarzinger, the Austrian ambassador in Bucharest, said that amount has been spent by businesses from his country since the reintroduction of democracy in Eastern Europe (EE) after the fall of the Iron Curtain in 1989.Austrian oil and […]

Internet user gets €150,000 bill for two days

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General News

A Styrian woman had the shock of her life when she was informed by her internet provider that she amassed a 150,000-Euro bill in two days.The 53-year-old from Bad Aussee decided to inform the police who assigned a team of internet fraud experts to examine the issue. An investigator said today (Thurs) that felons based […]

Teen carjackers collared

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General News

Four teenagers have been arrested after going on a joyride in a stolen car in Vienna.The friends – three boys and a girl aged 16 and 17 respectively – were arrested after being pulled over by traffic policemen on Tuesday night. The officers found out that the vehicle was reported as stolen by a newspaper […]

Tourists sedated and robbed

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General News

Police are investigating after a German couple were numbed and robbed at a motorway rest stop in Carinthia on Tuesday night.Officials in Villach said today (Thurs) the pensioners – a man, 68, and his 66-year-old wife – parked their caravan in a rest stop car park at the A11 Karawanken motorway to spend the night […]

British windfall for BAE bribery suspect

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Business

An Austrian lobbyist who complained about not being given a comb and “decent” underwear in British custody has received nearly half a million Euros for his six-day detention in London.Alfons Mensdorff-Pouilly’s lawyer Harald Schuster announced today (Thurs) British authorities decided to compensate his client with 430,000 Euros. The entrepreneur and lobbyist was arrested and kept […]