Many Austrians willing to relocate, study shows

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Business

A fifth of Austrians plan to move within three years, a new poll reveals.Public opinion research firm Market found that 20 per cent of people are so unhappy about their current accommodation they seek a change of scenery in the coming three years. The agency said today (Weds) especially people aged 30 and older want […]

Rosenbauer’s flame less bright

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Business

Upper Austrian fire truck and fire-fighting equipment producer Rosenbauer International AG (Rosenbauer) has suffered a slight setback.The company’s earnings before interest and taxes (Ebit) declined by 15 per cent to 6.9 million Euros from the first three months of 2010 – when the firm did extraordinarily well – to the same time span of this […]

Water-endorsing Austrians admit nuclear fears

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Lifestyle

A vast majority of Austrians are satisfied with the quality of tap water in the country.The Federal Gas and Water Association (ÖVGW) said today (Tues) its poll showed that 90 per cent are “very satisfied” or “satisfied.” Asked to rate the tap water – which has drinking water quality everywhere in the country – in […]

‘Modest’ milk price hike ahead

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Business

Dairy industry representatives have hit back after the Labour Chamber (AK) voiced suspicions of an “extra Vienna price hike” for some products.The AK announced earlier this week it found that many foodstuffs including dairy products cost exorbitantly more in Munich, Germany, than in Vienna. The cities are often compared in various regards due to their […]

Turkish debate set to intensify over new immigration figures

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Politics

More than one out of five residents of Vienna are foreigners, statistics have shown.Federal agency Statistik Austria said today (Fri) the capital’s percentage of foreigners was 21.5 per cent while only 11 per cent of Austria’s populace have other nationalities than Austrian. The authority also explained that, with more than 368,000, around 40 per cent […]

Lack of reforms ‘will impoverish middle class’

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Politics

Austria’s middle class will impoverish if the country’s leaders fail to make any progress in reforming its bureaucratic, healthcare and pensions system, an opposition party chief has claimed.Josef Bucher, who heads the right-wing Alliance for the Future of Austria (BZÖ), told the Die Presse newspaper today (Fri): “If we keep carrying on this way, it […]

Vienna tops global congress ranking

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Business

Vienna hosted more congresses than any other city in the world last year.The International Congress and Convention Association (ICCA) announced today (Fri) that 154 international summits took place in the Austrian capital in 2010. This figure helped the city to stay on top of the ICCA’s global ranking. Vienna was tied for first place with […]

Tyres to become more expensive

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Business

The price of car tyres is set to soar in the near future, experts warned today (Fri).Business newspapers cite industry representatives and market analysts as saying that the rising price for rubber and other materials will fuel a jump in consumer prices. Experts claimed that the recovering economy and an increase in car sales will […]

Borealis to complete construction of UAE centre

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Business

Prospering plastic producer Borealis AG has said the construction of a centre for innovation in Abu Dhabi should be completed soon.The Vienna-based company – which also runs factories in Austria and Sweden among other countries – announced today (Thurs) that the facility in the capital of the United Arab Emirates (UAE) will be operating by […]

Crisis ‘not the cause of most bankruptcies’

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Business

Common belief that the economic downturn is to blame for most bankruptcies has been debunked by an insolvency expert.The Creditors’ Protection Association of 1870 (KSV) announced today (Thurs) that only 19 per cent of all of last year’s 6,376 business bankruptcies had firm-external and crisis-related grounds.The organisation claimed 44 per cent of all of the […]