Businessmen have slammed the economic circumstances in Croatia as Austria aims to remain the busiest investor in the Southeast European state.Burgenland Economy Chamber chief Peter Nemeth said today (Thurs) Croatias political system “hasnt arrived in the present yet” due to bureaucratic barriers for entrepreneurs interested in investing in the country. He added that he considered […]
Austria retained its reputation as Europes job sector model pupil.The country registered the lowest unemployment rate among all of the European Unions (EU) 27 member states last month, it was announced today (Thurs). The federal labour ministry of Social Democrat (SPÖ) Rudolf Hundstorfer said that 221,369 people living in Austria had no job in May. […]
The Austrian branch of US American computer software and technology giant Microsoft has revealed plans to move into new headquarter offices.Microsoft Austria currently resides in an office complex in Vienna-Meidling. The firm said today (Weds) it wanted to relocate to a building in Favoriten districts Wienerberg area this autumn. The firm said the new location […]
A large number of people has signalised interest in two high-profile aviation industry positions, it was reported today (Tues).Flughafen Wien AG (FW) announced that “more than 110” businesspeople handed in their applications for the two vacant executive board positions. The company which manages Austrias biggest airport, Vienna International Airport (VIA, VIE) explained it […]
Strabag SE has said it hopes to be engaged in activities worth 14 billion Euros in 2011, more than it predicted earlier this year.The construction company said today (Tues) it was optimistic about the current year due to a strong first quarter. Strabag, which has its headquarters in Vienna, added that it saw chances to […]
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 […]
Salzburg-based Alpine Bau GmbH (Alpine) has teamed up with a Belgium company to build a gas pipeline in the Czech Republic.The firm said today (Fri) the joint venture with Denys had a value of 76.7 million Euros. Czech state-owned gas provider Net4Gas assigned the firms to construct two pipelines of an overall length of 105.8 […]
Volvo is calling back more than 1,200 cars in Austria.Drivers association ÖAMTC said today (Fri) the Swedish firm which was acquired by Chinese automotive company Geely was currently recalling 1,282 vehicles in the country over different technical difficulties. The needed repairs are finished within an hour, according to Volvos Austrian representation.German company BMW […]
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-Pouillys 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 […]
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 […]