Prammer wants speedy TA investigations

Categories
Politics

Barbara Prammer has said exposed occurrences within Telekom Austria (TA) are “almost unbearable.” The Social Democrat (SPÖ) is, as first president of the federal parliament, the highest political representative of Austria after President Heinz Fischer. Prammer appealed on prosecutors to present the results of their investigations as soon as possible. The Social Democrat also said […]

Austrians have high payment morale, KSV says

Categories
Business

Private businesses have higher payment morale than public institutions, research has shown. KSV 1870 (KSV), a federal association for the protection of creditors, said yesterday (Thurs) debtors in Austria paid up after an average 30 days. The organisation – which investigated payment statistics in June – explained it took 38 days until public institutions like […]

P&C opening challenges H&M

Categories
Business

Peek & Cloppenburg (P&C) will narrow the gap to market leader Hennes & Mauritz (H&M) when it opens a new store in the heart of Vienna, a market analysis company has explained. RegioPlan said today (Tues) P&C’s share in the domestic fashion sector will improve thanks to the German company’s new 11,800-square-metre store in the […]

Hotels defy cold snap concerns

Categories
Business

The Austrian tourism industry is heading for a new record after fears were raised it could suffer significantly due to last month’s chilly weather. Many experts warned that a decline in overnight stays may be a result of the many rainy days and unusually cold temperatures vast parts of the country experienced for the most […]

FDH and AUA cast shadows over FW boom

Categories
Business

Austria’s biggest aerodrome is prospering despite a loss-making investment in Germany. Flughafen Wien AG (FW), which manages Vienna International Airport (VIA or VIE) announced yesterday (Thurs) it managed to increase its net profit by 13.7 per cent to 43.3 million Euros from the first half of last year to the same time span of 2011. […]

EVN turnover drops as gas price hike is imminent

Categories
Business

Lower Austrian energy sector giant EVN AG has suffered a slight decline in turnover despite selling more electricity and gas to customers in the past winter. The firm announced today (Thurs) its turnover slid by 0.9 per cent to 2.16 billion Euros from the first three quarters of the 2009/2010 business year to the next […]

Vying for CEE tourists intensifies

Categories
Business

Austrian tourism officials have revealed plans to increase their focus on Central and Eastern Europe (CEE). Around 10 per cent of vacationers choosing Austria come from the region, up from just four per cent 15 years ago. Now the Austrian Tourism Marketing Agency (ÖW) announced it would launch a new promotion campaign in countries like […]

Heatwave hits Austria

Categories
General News

The current week is expected to be the hottest of this year, meteorologists said today (Tues). Experts explained this week’s top daytime temperatures of between 30 and 38 degrees centigrade were likely to make it the hottest week of the whole year. They did not rule out that previous temperature records for August could be […]

Lots of air found in food packs

Categories
Business

The Viennese Labour Chamber (AK) has called on politicians to act on the content of air in foodstuff packages. The chamber said today (Mon) it checked 35 products on sale in Vienna for the percentage of air. The organisation picked the items over suspicions that they contained a substantial amount of air. AK announced it […]

Number of Post Partners soars

Categories
Business

There are more than 1,200 so-called Post Partners in Austria, federal postal services provider Post AG announced today (Fri). The company has closed hundreds of regular post offices in the past years to save costs. Laws demand that the firm provides a comprehensive service to people everywhere in Austria. This is why Post AG agreed […]