Fastbox to sell and repair E-Cars

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Business

Fastbox has set its sights on E-Cars as the car repair chain announced it will sell and maintain an Italian firm’s electric vehicles.Fastbox, who have 20 branches across Austria, said today (Fri) it will soon begin selling Piaggio’s E-Cars. The Austrian firm added it would also offer to repair the Pontedera-based company’s Porter model which […]

Siemens boss calls for ‘stable and transparent’ financial economy

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Business

Siemens chief Peter Löscher said he saw signs of recovery of the European economy as he attended the opening of a new office complex in Vienna today (Fri).The Austrian said: “Tendencies of the European economy managing to recuperate are clearly visible despite the nervousness dominating the international financial markets.”Löscher stressed that a “stable and transparent” […]

XXXLutz ‘eyes Croatian properties’

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Business

Furniture megastore chain XXXLutz is considering taking over commercial sites in Croatia, according to local press.The Croatian Times reports today (Thurs) that the Upper Austrian firm with headquarters in Wels was one of possible buyers of estate in the cities of Zagreb, Rijeka, Osijek and Pula owned by broke firm Pevec.Darko Sketa, who handles the […]

AUA passenger numbers up

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Business

Bosses at struggling Austrian Airlines (AUA) hope for a “return of passengers” as the former Austrian flagship carrier had more customers last month year on year.AUA co-chiefs  Peter Malanik and Andreas Bierwirth said today (Thurs) the company had 1.015 million passengers in May, up by 16.1 per cent to the same month of last year.The […]

Cooperation opens Slovenian market window for Stabil

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Business

Styrian window producer Stabil hopes to become a main player in former Yugoslavian countries after teaming up with a Slovenian competitor.Stabil boss Dieter Manz said today (Thurs) his firm would closely cooperate with MIK who sell around 100,000 of its products in Slovenia and Croatia every year.Manz said the partnership would give Stabil the chance […]

Styrian know-how keeps firms busy in South Africa

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Business

More than 80 Styrian companies do business in Football World Cup host country South Africa, economy officials have announced.Wolfgang Köstinger of the Austrian foreign trade department’s representation in Johannesburg said today (Thurs): “South Africa has a strong automobile industry. Especially Styrian firms are strongly engaged.”Köstinger mentioned Magna and AVL as leading companies doing business in […]

BZÖ wants ÖBB privatisation

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Business

Alliance for the Future of Austria (BZÖ) boss Josef Bucher has suggested to privatise parts of indebted Austrian Federal Railways (ÖBB) to help the company to recover.The head of the opposition party said today (Thurs) the government should list some departments of the struggling firm, which is close to the state, on the stock market. […]

Klausner to sell sawmills to Russian rivals, reports say

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Business

Struggling wood-processing firm Klausner is considering selling off its factories in Germany to a Russian rival, according to reports.Austrian newspapers report today (Weds) that the Tyrolean company, which is headquartered in Oberndorf, received an offer of 12 million Euros for its two sawmills in Landsberg am Lech and Wismar from competitor Ilim Timber Industry.Company bosses […]

Pröll wants EU-wide financial transactions tax by 2011

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Business

People’s Party (ÖVP) Vice Chancellor Josef Pröll has appealed to European Union (EU) leaders to introduce a continental tax on financial transactions by next year.”It’s clear to me that we need a Europe-wide financial transactions tax. The sooner we agree on it the better. I’m in favour of this tax coming into force in 2011,” […]

Thousands ogle A380 in Vienna and Linz

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Business

Thousands of aviation enthusiasts turned up in Vienna and Linz to get a glimpse of the new Airbus A380 yesterday (Weds).The world’s biggest passenger aircraft landed at Vienna International Airport (VIA) and Linz Airport as part of a Europe-wide test flights session.Around 1,500 airplane fans came to VIA to watch the double-decker plane – which […]