Economic experts will speak about the “excellent opportunities” Austrian companies find in New Zealand and Australia at an upcoming congress organised by the Austrian Economy Chambers Foreign Trade Department (AWO).The AWO said today (Thurs) Guido Stock head of its trade delegation in Sydney, Australia will present recent figures and an outlook for doing […]
Frank Stronach has revealed plans to move into forestry and cattle breeding as the Magna founder launched a scathing attack on American companies over the conditions they keep their herds in.Stronach said: “Im planning to buy 20,000 hectares of woods in (the US state of) Florida. The climate is excellent there.”Speaking about his intentions to […]
A construction material company awarded the “Sustainable Development Award 2010” will transport the vast amount of material produced at one of its plants via train.Manfred Asamer, head of Upper Austrian firm Asamer, said today (Weds) 80 to 90 per cent of the material won at the Roitham factory or 180,000 tons of gravel […]
Consumer rights watchdogs are up in arms over soaring price gaps at garages.Officials at the Labour Chambers (AK) Vienna branch said today (Tues) they have found out that some garages charge up to 110 Euros more than others for one hours work.A spokesman for the body announced: “We tested 39 car repair shops in Vienna […]
The Romanian Ministry of Economy intends to put up 11.84 per cent shares in OMVs Romanian subsidiary Petrom for sale, it was reported yesterday (Thurs).The Ministry published a draft resolution saying it intended to sell a package of 6.7 million shares accounting for 11.84 per cent of the share capital of SC OMV Petrom.Romanian Times […]
Consumer watchdogs are expected to launch another scathing attack at energy providers at it emerged that energy and gas became more expensive in Austria while prices declined on average in the European Union (EU).Eurostat, the European Commissions (EC) statistics agency, announced today (Fri) that the average price for energy provided to EU households dropped by […]
Increasing demand for warm water and energy in the long extended winter helped energy provider ENVs earnings soar.The Lower Austrian company said today (Thurs) earnings before interest and taxes (Ebit) rose by 5.7 per cent to 194.4 million Euros in the first half of the 2009/2010 business year compared to the first half of the […]
Strabag boss Hans Peter Haselsteiner said today (Weds) his company wanted to protect itself from volatile cement market prices as the firm is set to cooperate with the cement productions world market leader.Haselsteiner and Bruno Lafont, head of French firm Lafarge, announced yesterday the companies joint venture will start doing business by the beginning of […]
Spice producer Wiberg had a record turnover last year despite reducing the number of staff, it was announced today (Weds).The Salzburg firm said it managed to increase its annual turnover by two million Euros year on year to 122 million Euros despite the ongoing economic crisis in 2009. The number of employees meanwhile declined from […]
Peoples Party (ÖVP) Economy Minister Reinhold Mitterlehner will meet with mineral oil industry bosses and petrol station chiefs to discuss soaring fuel prices.More and more Austrian drivers are fuming as petrol stations upped prices shortly before the Easter and the Whitsun weekend holiday breaks.A vast majority of 90 per cent of Austrians even think firms […]