Turnover of Austrias productive sector improved by more than seven per cent year on year in July, it has been reported.Statistik Austria said today (Fri) the companies in the countrys industrial and construction branch rose by 7.7 per cent to 19.3 billion Euros.The sectors metal production department did best. The sectors monthly turnover soared by […]
Austria has failed to retain its position as the Eurozones jobless rate model pupil, it emerged today (Fri).Figures presented by Eurostat, the European Commissions (EC) statistics agency, show that 4.5 per cent of people living in Austria had no job last month (August 2010: 4.3 per cent). The Netherlands, which took second place in August, […]
Verbund AG, Austrias leading electricity provider, suffered a significant decline in earnings in the first nine months of this year.The company, which was founded in 1947, announced today (Thurs) that earnings before interest and taxes (Ebit) dropped by 22.1 per cent year on year to 625.6 million Euros in the first three quarters of 2010. […]
Telekom Austria (TA) boss Hannes Ametsreiter has called for more investments in the education sector.The businessman said today (Thurs) Austria must “urgently” think about how to improve the education system.”We must spend more on education if Austrian firms want to be able to compete internationally. Austria has always had a high creative potential. We must […]
A-Tec Industries AG boss Mirko Kovats will spend his own assets to save his struggling company, according to a report.Business newspaper WirtschaftsBlatt reported today (Weds) that the businessman will contribute a “substantial amount” to get the firm back on track.Kovats sent shock waves through the Austrian economy last week when he informed shareholders that he […]
An elderly Frenchman has been put in custody after failing to pay at a petrol station in eastern Austria yesterday (Tues).The 85-year-old driver was stopped on the A4 eastern motorway in the province of Burgenland shortly before the Austrian-Hungarian border.CCTV footage revealed that he fuelled his car for around 40 Euros and took one can […]
A 24-year-old lorry driver had to be hospitalised after he was attacked by a cow this morning (Weds).The Upper Austrian was assigned to pick up a cow from a farm in Windhaag with his truck. He was pushed against a wall by another heifer when he teamed up with the farmer to lead the animal […]
A couple suffered serious injuries when they were attacked by a Rottweiler on Sunday.Erika and Peter Petzner went for a walk in St. Stefan ob Leoben, Styria, when the three-year-old dog jumped over a fence and turned on the 48-year-old woman. She had to undergo surgery on both her arms at Leobens LKH clinic, while […]
FlyNiki CEO Niki Lauda has claimed the new ticket levy could decrease his firms annual turnover by 10 million Euros.The businessman, who founded airline FlyNiki in 2003, said today (Tues): “I expected FlyNiki to have four million passengers this year. The tax might reduce our customer number by 100,000. This would mean 10 million Euros […]
Austria has improved year on year in a global corruption survey.The country reached 15th place (2009: 16th) in the 2010 edition of the Corruption Perception study conducted by Transparency International (TI). Austria shares the spot with neighbouring Germany (2009: 14th) which also reached 7.9 of a maximum 10 points.Denmark, Singapore and New Zealand shared first […]