Tanning shops ignore under-18s ban

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Business

Many tanning salons ignore the law and let minors use their facilities, a new undercover investigation has shown.The Association for Consumer Information (VKI) said today (Thurs) six out of 15 tested solariums in Vienna did not hesitate to let under-aged people on their sun beds.The organisation revealed one shop instantly offered a special rate to […]

Booming Poland boosts Strabag

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Business

Strabag SE has said it is “cautiously optimistic” for the remainder of this year due to a “construction boom” in Poland.The Vienna-based company – Austria’s leading building firm – announced today (Thurs) it expected to benefit from the strong economy in Poland and positive developments in Germany.Strabag explained it experienced a strong increase of assignments […]

Bleak tourism evaluation amid feared overnight stay decline

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Business

A tourism sector official has called for more marketing efforts within Austria as hotels brace for a decline in overnight stays.Hans Schenner, head of the Federal Economy Chamber’s (WKO) tourism department, said today (Thurs) he feared hotels and guesthouses of the country welcomed fewer guests this month than in April 2010. Schenner also announced that […]

Cat Oil reports sky-high profit

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Business

CAT Oil AG has managed to double its profit.The Austrian company – which produces and offers services for the equipment for the oil and gas industry – said today (Thurs) its net profit soared from 8.4 million Euros in 2009 to 19.5 million Euros the next year. Cat Oil’s turnover edged up by 0.3 per […]

OMV starts production at Tunisian well after takeover

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Business

OMV AG has started operating at an oil field in Tunisia after taking over an American rival’s exploration activities in the North African country.The Austrian energy sector top dog said today (Weds) it carried out first drillings at the El Badr 5 field in Tunisia earlier this week. OMV explained it would produce 1,500 barrels […]

OMV starts low-priced petrol station expansion

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Business

Oil and gas company OMV AG has presented plans to open dozens of discount petrol stations.The Vienna-based firm said today (Mon) it would do so by expanding its Avanti low-cost service station range in the coming years. OMV currently runs 22 such branches in Austria. The firm explained the plan was to manage 50 low-priced […]

Ice cream price hike predicted

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Business

Sweet-toothed Austrians have been dealt little mouth-watering news.Economy Chamber (WKO) Silvio Molin-Pradel announced today (Fri) ice cream parlours in Austria will charge around 20 Eurocents more for a small cone this summer. Molin-Pradel explained businesspeople of the trade decided to react to rising foodstuff prices as the trade rates for cocoa, hazelnuts and other products […]

ATB braces for sky-high losses

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Business

Struggling engine manufacturer ATB Austria Antriebstechnik AG (ATB) has warned shareholders it could have suffered immense losses last year.The Vienna-based company – which runs factories in the Austrian province of Styria, Germany, Great Britain and Serbia – said yesterday (Thurs) its annual loss could be higher than half of its nominal capital. ATB added that […]

Skylink may be too small for AUA

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Business

A controversial new terminal built at Vienna International Airport (VIA) will not be large enough to handle all Austrian Airlines (AUA) flights, according to a newspaper report.Building activities started in 2005 as it was the plan to put the main parts of the terminal called Skylink into operation ahead of the European Football Championship in […]

Styrian solar expert bags Arizona orders

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Business

A Styrian company specialised in solar energy generation has received assignments worth 17.4 million Euros overall from businesses and town halls overseas.Graz-based Solid GmbH said today (Fri) it will install solar-powered heating and cooling systems at a school, a hotel and seven prisons in the US state of Arizona.It is not the first time for […]