Austrian health sector services provider Vamed AG is considering investing hundreds of millions of Euros in Romania, according to newspapers in the Eastern European (EE) country. The online news platform Romanian Times cites local newspapers claiming that the Vienna-based firm is interested in spending 200 million Euros on projects in the country which joined the […]
A German politician has been accused of acting “bizarrely and hysterically” by calling on his fellow countrymen to shun Denmark this summer in favour of Austria. Jörg-Uwe Hahn, the minister for European affairs in the German state of Hessen, suggested Germans willing to go abroad this summer should pick Poland or Austria due to Denmark’s […]
Former Telekom Austria (TA) boss Boris Nemsic has been hired by a global investment and consulting firm, according to reports. Business newspapers claim today (Fri) that the Sarajevo-born businessman will head the emerging markets operations of Delta Partners, a firm based in Dubai in the United Arab Emirates (UAE). Nemsic headed TA for four years […]
The head of Austrian construction sector top dog Strabag SE has rejected claims it was aiming for more acquisitions in Switzerland. Hans Peter Haselsteiner said today (Thurs) his company would not launch another attempt to take over Implenia. Strabag – Austria’s biggest building company – previously tried to grab a majority share in the firm. […]
Wiener Linien is testing a new generation of buses. The Viennese public transport agency announced today (Thurs) it had recently started testing an electric bus (e-bus) on whether it could be used in the city centre. The vehicle could be implemented in its regular schedule next week, the company said, adding that it currently transported […]
Austrian Airlines (AUA) has decided to introduce additional domestic flights in autumn. The company said today (Thurs) it would add a morning service from Linz Airport (LNZ) to Vienna International Airport (VIA or VIE) on 30 October. The new flight will take off at the airport situated near the capital of Upper Austria at 8.20am. […]
Red Bull has been identified as the strongest Austrian brand in the world. The beverages producer – which has increasingly engaged in multimedia promotion and the funding and organisation of sporting events – came top in the latest Eurobrand Austria study. The European Brand Institute (EBI) said today (Thurs) Red Bull increased its brand value […]
More than 120 people may lose their jobs due to the bankruptcy of an Upper Austrian company. The Oberösterreichische Nachrichten (OÖN) newspaper reports today (Thurs) that Acamp will soon start a final clearance sale. The paper claims all measures to keep the firm afloat have failed. Acamp, which specialises in manufacturing garden furniture, filed for […]
Viennese politicians and businesspeople have failed to reduce the city’s jobless rate. Official figures presented today (Fri) show that the number of unemployed people residing in the Austrian capital rose by 6.9 per cent. Overall, nearly 74,000 Viennese citizens were out of work this month. The Federal Labour Market Service (AMS) explained Vienna and Carinthia […]
The Austrian import and export industry is nearing pre-crisis levels, figures presented today (Fri) confirm. Federal statistics organisation Statistik Austria announced that firms based in the country exported products worth 109.37 billion Euros in 2010, up by 16.7 per cent compared to 2009. The value of exports dropped by nearly 19 per cent from 2008 […]