The provincial government of Vorarlberg has decided not to raise the heating subsidy sum for the upcoming winter.Peoples Party (ÖVP) councillor Greti Schmid announced today (Tues) that the government will support needy households with 250 Euros this winter, the same amount it provided last year.This means that local political decision-makers will not take inflation into […]
Telekom Austria (TA) is to fully take over a leading Belarusian mobile communications firm, it has been announced.TA, which has 16,000 employees and more than 21 million customers across Europe, said today (Tues) it finalised the purchase of 100 per cent of Minsk-based Velcom.The Austrian company headed by Hannes Ametsreiter already acquired 70 per cent […]
Robert Hartlauer, head of eye wear and electronic goods specialist Hartlauer, has presented plans to open up to 30 new shops.Hartlauer said today (Tues) the firms concept is to increase its number of branches from the current 160 to between 180 and 190. A new shop opened in the Vorarlberg town of Rankweil only last […]
The political pressure on Federal Railways (ÖBB) is rising following the firms announcement to axe a direct connection between the second- and third-biggest cities in the country.ÖBB said last week it would stop running a direct high-speed Intercity connection between the Upper Austrian city of Linz and Graz in the province of Styria after reorganisation […]
More than six in 10 Austrians want a dissolution of the Austrian industry-holding stock corporation (ÖIAG), according to a poll.Researchers IFES said today (Mon) 61 per cent supported a possible shutdown of the body, while 30 per cent backed its continued existence.The future of ÖIAG and responsibilities has been publicly debated by the Social Democrats […]
Oil industry equipment maker Schoeller-Bleckmann Oilfield Equipment AG (SBO) has taken over an Arabian rival, it has been announced.The global market leader, which is headquartered in Ternitz, said today (Mon) it had acquired a 100 per cent interest in Dubai-based Drilling Systems International Ltd. (DSI). A takeover price was not disclosed by the Lower Austrian […]
Austrian lift systems producer Doppelmayr has received the biggest assignment in its 118-year history.The Wolfurt-based company said today (Mon) its US American subsidiary DCC Doppelmayr Cable Car (DCC) was part of a consortium contracted to build a cable liner in the Californian city of Oakland.Doppelmayr said work would be completed in 2014, adding that the […]
Politicians in Upper Austria have turned their guns on Federal Railways (ÖBB) bosses after the firm announced plans to end its Linz Graz Intercity service.The state-owned company said today (Fri) that it would stop offering a direct high-speed connection between the Upper Austrian city of Linz and Graz in the province of Styria after […]
Austria has retained its title of being the European Unions (EU) jobless rate model pupil.The European Commissions (EC) statistics body Eurostat found that Austria still had the lowest unemployment rate among the EU-27 with 4.3 per cent, followed by the Netherlands where 4.5 per cent of residents were out of work in August.The agency also […]
Austrian construction top dog Strabag SE has been contracted to expand and renovate a shopping centre in Sweden.The Vienna-headquartered company announced today (Fri) it will enlarge the Täby Centrum in Stockholm from its current 50,000 square metres to an overall 80,000 square metres. Strabag added the size of the malls car park will be upped […]