Signa Holding added another high-profile property to its portfolio this week as the real estate firm bought the IZD Tower in Vienna-Donaustadt.Signa boss Benko said yesterday (Weds) his company paid British fund Matrix 212.25 million Euros for the skyscraper located near Vienna International Centre. Matrix paid 247 million Euros when it acquired the building four […]
The Austrian Foreign Trades (AWO) representation in Prague is to host a showcase in a bid to strengthen ties with Czech companies in the renewable energy sector, it has been announced.Officials said many “very interesting and promising” biomass, biogas and waste management projects were currently going on in the Czech Republic.Austria is the official partner […]
Austrian business chiefs earned almost 500,000 Euros in so-called crisis year 2009, research shows.The research by Viennese consulting firm Kienbaum presented today (Thurs) shows that heads of Austrian firms cashed in an average 468,000 Euros before tax last year.Kienbaum experts said Austria lies above the European average, adding that comparable figures for the previous year […]
The cancellation of 3,500 flights due to the Europe-wide air traffic shutdown slashed passenger figures of FlyNikis partner Air Berlin last month.The Berlin-based firm, which has a 49.9 per cent interest in Niki Laudas company, said today (Thurs) year on year passenger figures plummeted by 16.5 per cent to 2,065 million in April.Air Berlin said […]
Lower Austrian prosecutors have raided offices at Vienna International Airport (VIA) today (Thurs).Korneuburg state prosecutor Friedrich Köhl said dozens of documents have been confiscated. “It will probably take several weeks to examine them,” he added.A spokesman for Flughafen Wien AG, the company managing VIA, claimed none of their offices were searched. He added it had […]
Austrians spent more on Fairtrade products year on year in 2009 and bosses expect another two-digit rise this year.Fairtrade Austria chief Hartwig Kirner said today (Weds) Austrian supermarkets made 72 million Euros with products of the international certifications range last year, 10.8 per cent more than in 2008.”We expect another double-digit increase in turnover this […]
The European Commission (EC) said Austrias economy is to grow stronger than it had expected half a year ago.EC officials forecasted a 1.3 per cent year on year rise today (Weds) after giving a 1.1 per cent growth prediction last December.The new prediction matches the forecasts of Austrias two leading think tanks.The Institute for Higher […]
Austrian communications provider Telekom Austria (TA) is to launch a prototype phone booth with an integrated charging station for electric cars, company bosses announced today (Tues).Charging stations will offer the possibility to pay via mobile phone using text messages, the “Paybox” system or a RFID (Radio Frequency Identification) card with a RFID chip.TA currently operates […]
The number of car registrations dropped sharply last month, it has been announced.State agency Statistik Austria said today (Mon) 31,807 newly registered cars in April meant an 11.4 per cent year on year decline.The 107,745 cars registered between January and April 2010 however meant a 7.5 per cent increase compared to the same time span […]
Austrian Federal Railways (ÖBB) is back in the black after ending a controversial speculative deal with Germanys Deutsche Bahn (DB).ÖBB said today (Mon) its operating profit had been 121 million Euros in 2009 after it had had 970 million Euros in losses in the previous year.The company however lost 300 million Euros in a speculative […]