Kapsch grabs Algerian assignment

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Business

A Kapsch TrafficCom AG (Kapsch) affiliate is raking in a one-digit million-Euro sum by equipping a federal railway agency in North Africa with a radio system.Kapsch CarrierCom said today (Tues) it has been assigned to deliver and set up the system on a 110-kilometre route in Algeria. The firm refused to reveal any figures, but […]

Food prices soar beyond inflation rate

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Business

Consumer rights watchdogs have called on political decision-makers to take action as food is getting more expensive.Labour Chamber (AK) research focusing on the 41 most common products of daily life shows that Austrians are currently forced to fork out four per cent more for the same goods at supermarkets than in January.  Flour price rates […]

Raidl raises profit distribution issue

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Business

Austrian National Bank (OeNB) President Claus Raidl has called on company bosses in Austria to increase the income of staff.The former Böhler-Uddeholm AG (BUAG) chief said today (Thurs) it was “not acceptable” that real wages were not rising this year despite the strongest economic growth since the crisis of 2008. Raidl suggested enterprises should pay […]

Baumax upholds EE focus

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Business

Tools and DIY equipment chain Baumax continues its expansion in Eastern Europe (EE).The Klosterneuburg-based firm opened a store in Pleven, northern Bulgaria, yesterday (Weds). The 12,000-square-metre shop is the firm’s fifth representation in the country.Baumax is active in nine European countries. Around 10,700 people are employed in its 152 shops of which 67 are located […]

Stiegl to go green

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Business

Stiegl has revealed ambitions to become a “sustainable” brewery in the coming years.The Salzburg-based enterprise said today (Thurs) it aimed to use waste materials of its production to generate energy at the facilities. Speaking to the Kurier newspaper, the brewery also presented plans to switch to solar electricity production at the site.Stiegl, which produces around […]

Fairtrade food boom registered

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Business

More and more Austrians are picking fair-trade products, new figures show.Fairtrade Austria said today (Thurs) shops across the country generated a turnover of 87 million Euros by selling products from its portfolio last year, up by 21 per cent compared to 2009.The organisation explained bananas have been the most popular foodstuff in recent years. The […]

Leeds – Salzburg skiing link ticket sale starts

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Business

Tickets for flights from Leeds to Salzburg are now on sale, Jet2.com has announced.The British budget carrier said seats for its service between Leeds Bradford International Airport (LBA) in West Yorkshire, Great Britain, to Salzburg Airport (SZG) in the heart of the Salzburg Alps can be booked on its homepage as of now. The airline, […]

Jobless rate shrinks as EE jobseeker barrier set to expire

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Business

Austria has registered a significant decline in unemployment.Official figures presented today (Fri) show that fewer than 253,000 people were out of work last month, down by 5.2 per cent compared to March 2010. This development means that the federal jobless rate shrank for the 13th month in a row.The federal labour ministry of Social Democrat […]

InterSky passenger figures up as new rival takes off

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Business

Bregenz-based airline InterSky had significantly more passengers last year than in 2009.The company announced today (Fri) it registered 250,000 clients in 2010, up from 185,000 in 2009 and 210,000 in 2008. InterSky said it wanted to grow further, but “will only invest money which we earned.”The carrier, which focuses on business travellers, said its target […]

Emirates boss ‘shocked’ by Lufthansa-linked expansion obstacles

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Business

Emirates President Tim Clark has lashed out at Lufthansa as his own airline increases the number of flights between Vienna and Dubai.The Austrian government coalition of Social Democrats (SPÖ) and the People’s Party (ÖVP) granted Emirates another daily flight from Vienna International Airport (VIA or VIE) to Dubai International Airport (DXB) some days ago. The […]