US pharmaceutical firm Baxter will expand its operations in Vienna and Orth an der Donau, Lower Austria, the Lower Austrian Economic Councillor Petra Bohuslav has said.The statement came today (Fri) following her return from a visit to Chicago, Illinois, where Baxter Internationals headquarters are located.Since Baxters Austrian locations were its most important in the area […]
Austrian students are interested in economics, but their knowledge about it is cause for concern, according to the Austrian Institute for Educational Research on Economics (ibw).The Institutes report released today (Fri) are the results of a test taken by 1,900 students in Austrian higher-educational institutions and shows that only half of them had an adequately […]
WIFO says industry will do well in Q2
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Austrias economy will recover in the second quarter of this year, a leading think tank has predicted today (Thurs).Vienna-based Institute for Economic Research (WIFO) said the countrys industrial branchs engagement will soar by three per cent to 79 per cent compared to the first three months of 2010.WIFO said engagement will continue to increase. “The […]
Austrians did more than 300 million hours of overtime last year, labour market experts have said.Upper Austrian Labour Chamber (AKOÖ) president Johann Kalliauer said today (Thurs) that around a third of the 314 million overtime hours was unpaid work.He further added that the creation of approximately 60,000 new full-time positions was hindered by the massive […]
Raid at VIA over Skylink scandal
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Lower Austrian prosecutors have raided offices at Vienna International Airport (VIA) today (Thurs).Korneuburg state prosecutor Friedrich Köhl said dozens of documents have been confiscated. “It will probably take several weeks to examine them,” he added.A spokesman for Flughafen Wien AG, the company managing VIA, claimed none of their offices were searched. He added it had […]
Tichy reveals new summer ice creams
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Legendary Viennese ice cream parlour Tichy has presented caramel-whisky and chocolate mousse with oranges as its two new varieties for this summer.The company which was founded in 1952 and relocated to Favoriten districts Reumann Square three years later is year for year competing with several Italian firms for the unofficial title of the […]
The cancellation of 3,500 flights due to the Europe-wide air traffic shutdown slashed passenger figures of FlyNikis partner Air Berlin last month.The Berlin-based firm, which has a 49.9 per cent interest in Niki Laudas company, said today (Thurs) year on year passenger figures plummeted by 16.5 per cent to 2,065 million in April.Air Berlin said […]
Austrian business chiefs earned almost 500,000 Euros in so-called crisis year 2009, research shows.The research by Viennese consulting firm Kienbaum presented today (Thurs) shows that heads of Austrian firms cashed in an average 468,000 Euros before tax last year.Kienbaum experts said Austria lies above the European average, adding that comparable figures for the previous year […]
Animal activists have claimed Austrian holiday agencies offer controversial canned hunting trips to South Africa.Thomas Pietsch of animal protection NGO Vier Pfoten said today (Thurs): “We know that at least 15 Austrian trip organisers offer such journeys.”The term “canned hunt” describes a trophy hunt event in which animals are kept in a fenced area to […]
The Austrian Foreign Trades (AWO) representation in Prague is to host a showcase in a bid to strengthen ties with Czech companies in the renewable energy sector, it has been announced.Officials said many “very interesting and promising” biomass, biogas and waste management projects were currently going on in the Czech Republic.Austria is the official partner […]