Nagsasalita ka ba ng tagalog? – Do you speak Tagalog? About 9.000 people in Vienna would immediately reply “Yes!” as the city of Vienna counts 8.972 inhabitants with Filipino migrant background and another 3.566 inhabitants with Filipino citizenship. Eton Institute Vienna http://www.etoninstitute.com/at/ therefore takes the opportunity to throw the spotlight on the city’s Filipino Community […]
Tag: business
Austria as an economic location is seriously under threat according to domestic business leaders. The warning comes after several banks indicated that they were considering moving their headquarters abroad because of the taxes they were having to pay in Austria, and only last week steel industry voestalpine boss Wolfgang Eder also said that the tax […]
Austrian Airlines reopens flights to Iran
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Flights to Tehran from Austrian Airlines have began again after a year’s interruption of the service following disputes over refuelling in Iran and economic sanctions. The airline will begin to fly again to the Iranian capital on 11th March, providing five weekly flights. The announcements comes as Europe and the US begin to lift sanctions […]
Hot weather bad for business
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Ice cream vendors and beer garden owners are hoping the weather cools down as they report drops in visitor numbers as people opt to stay at home to escape the heat. At the other end of the spectrum electronic goods retailers and mineral water producers are doing good business in the heat. When temperatures reach […]
By Matthias Loinig Saturday evening saw the annual SPÖ ‘Kanzlerfest’ take place in the Austrian capital of Vienna. The gala took place at the Altmannsdorfer Garten Hotel in the Vienna district of Meidling. Despite it being the holiday season and record breaking temperatures of up to 40 degrees, 2,000 guests attended the gala. Werner Faymann […]
Siemens is to start building a “smart city” in Vienna which will be one of the largest urban development projects in Europe. Together they are supposed to explore ways of optimizing resources by integrating interactive communication systems, power grids and building systems. The 38.6 million Euro budget project is due to be located in Aspern, […]
Salzburg’s deputy governor and the man in charge of the province’s finances has announced he plans to resign next month after an alleged rogue trader gambled away billions on risky financial market ventures. Law graduate Monika R, 45, was hired in 2001 to speculate with taxpayers money and made massive losses in 2006 after she […]
The lawyer for the alleged rogue trader at the centre of a scandal that might cost the federal province of Salzburg up to 3 billion has accused the regional governor of not telling the truth when she said she did not know anything about the scandal until 3 of December. Lawyer Herbert Hübel said that […]
Austrian building boom
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The Austrian building business is once again booming after the financial crisis fuelled by heavy investment in property as fears grow over financial markets. In the western Austrian province of Salzburg business is booming the most. According to the latest statistics from Statistic Austria the volume of building contracts has increased by 80 per cent […]
Students from the Wels-based FH Oberösterreich have developed what they claim is the world’s first pizza vending machine. In 2007 the school founded its transfer centre for business creation under the leadership of Dr. Gerold Weisz. Under his leadership in the next two years eight successful businesses were grounded as well as exciting initiatives such […]