Nearly one of two Austrians fear being unable to finance appropriate old-age care for themselves.GfK Austria said today (Fri) 49 per cent of the polled citizens of all age groups said they are afraid of possessing too low assets to pay for good care in case they need it when they get older. The agency […]
Austrians are buying less heating oil amid soaring prices, new figures show.The Institute for Economic Oil-Heating (IWO) announced today (Fri) private and business clients bought 1.7 billion litres of the product last year. The organisation explained this was a 0.6 per cent decline compared to figures from 2009.The IWO said it has been registering a […]
Austrian Airlines (AUA) has failed to find the runway to recovery, latest business performance figures show.The airline sustained a loss of 63.5 million Euros in the first three months of this year, only down slightly compared to the same period of last year (64.7 million Euros).The carrier, which has its headquarters in Vienna, had an […]
A party founded by late right-winger Jörg Haider has caused a diplomatic rift by announcing that the Turkish president “is not welcome” in Austria.The Alliance for the Future of Austria (BZÖ) was established by Haider in 2005. The party said yesterday (Mon) when Abdullah Gül started a three-day visit to Austria that the […]
The number of people failing to find a job for a long time is in decline, new figures show.Social Democratic (SPÖ) Labour Minister Rudolf Hundstorfer said today (Mon) that 5,037 of all of last months jobseekers had been out of work for more than a year. The minister pointed out that this number was 30.2 […]
Greens chairwoman Eva Glawischnig has hit out at Peoples Party (ÖVP) Environment Minister Nikolaus Berlakovich.The Green Party head said Austria was likely to fail reducing its greenhouse gas emissions and made the minister responsible for the development. Glawischnig also pointed out that the share of energy from renewable sources declined by two per cent […]
Some of Austrias most prestigious hotels may get a new owner in the near future, according to reports by business media.Weekly magazine Format claims today (Fri) Hotel Sacher boss Elisabeth Gürtler has signalised interest in taking over Hotel Bristol. Both the Sacher and the Bristol are five-star establishments situated in the city centre of Vienna. […]
Tchibo-Eduscho, a leading coffee shop company, is making half of its profit with non-food goods, it has been revealed.The German-Austrian company which runs 140 shops in Austria said today (Fri) half of its overall turnover is generated by sales of jewellery, household products and clothes it is offering for limited time spans throughout […]
People employed by domestic paper industry companies will earn more from next month.Works council representatives announced today (Fri) company bosses of the sector agreed to pay 3.1 per cent more to staff from 1 May. Negotiators said the leadership of the firms also agreed to raise trainees salaries by the same rate. The settlement will […]
Nearly one out of four Austrians visit spas to maintain their relationships, a new poll has shown.Research group Meinungsraum which questioned more than 1,000 Austrians for health sector company Vamed said today (Fri) 24 per cent said they visit spas with their partners to cherish their bonds.The vast majority of 90 per cent […]