Thousands of hectares of agricultural land have been devastated by thunderstorms.Powerful thunderstorms and hail wrecked crops of around 7,000 hectares of land in Vienna, Lower Austria, Upper Austria and Burgenland at the weekend, the Austrian Hail Insurance Association said today (Mon). Hundreds of firemen had to pump water from flooded cellars and homes.The insurer explained […]
Austrian Airlines (AUA) works council chiefs are up in arms over revelations that the debt-stricken carrier forked out bonuses of three million Euros last year.Pilot council representatives said today (Fri) decision-makers were threatening their future and the fate of the whole company when they were informed that 150 managers received bonuses of three million Euros […]
Nearly five per cent of people travelling to Romania are Austrians, new figures show.The National Statistics Institute (INS) announced today (Fri) that 4.8 per cent of all holidaymakers who chose Romania in April came from Austria. The agency added that, with 61.7 per cent, a majority of tourists were European Union (EU) citizens.Hungarians take the […]
Former Peoples Party (ÖVP) boss Josef Pröll is to head an internationally operating agricultural company.The Lower Austrian-Viennese branch of Raiffeisen Austrias biggest private employer announced yesterday (Weds) that the ex-finance minister will take over at its affiliate Leipnik-Lundenburger Invest Beteiligungs AG (LLI) next month. Pröll agreed with supervisory board officials on a five-year […]
Austria retained its reputation as Europes job sector model pupil.The country registered the lowest unemployment rate among all of the European Unions (EU) 27 member states last month, it was announced today (Thurs). The federal labour ministry of Social Democrat (SPÖ) Rudolf Hundstorfer said that 221,369 people living in Austria had no job in May. […]
Austria has one of the densest millionaire populations in the world, a survey has revealed.Boston Consulting Groups (BCG) Global Wealth Report 2011 shows that, with 5.2 million households, most US dollar millionaires live in the United States of America. Millionaire households represented only 0.9 per cent of all households in the world. These families owned […]
A large number of people has signalised interest in two high-profile aviation industry positions, it was reported today (Tues).Flughafen Wien AG (FW) announced that “more than 110” businesspeople handed in their applications for the two vacant executive board positions. The company which manages Austrias biggest airport, Vienna International Airport (VIA, VIE) explained it […]
Growing interest in short-term stays and fewer German tourists left the Austrian winter tourism industry with a decline in overnight stays.Statistik Austria said today (Thurs) that hotels and guesthouses recorded 62.04 million overnight stays between November 2010 and April 2011, down by 1.1 per cent compared to the previous winter and around as many as […]
Only three per cent of Austrians say they are not at all worried about another crisis.Pollster Market said today (Thurs) just three in 100 citizens had no concerns at all about a comeback of the recession in the foreseeable future. The agency added that 50 per cent of Austrians were “rather not worried” while six […]
The turnover of electricity and gas provider EVN AG has dropped slightly, new figures show.The Lower Austrian company said today (Thurs) it achieved a turnover of 1.63 billion Euros in the first half of the 2010/2011 business year, 0.3 per cent less than in the same period of the previous business year.EVN added that its […]