PMI tops Austrian tobacco sale chart

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Business

Philip Morris International (PMI) is the new number one on the Austrian tobacco products market, as figures presented today (Fri) show.Research group AC Nielsen said the American company held a 35.5 per cent share in Austria, while 34.5 per cent of cigarettes sold in the country in 2010 were products of Japan Tobacco International (JTI). […]

Number of T-Mobile Austria clients rises

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Business

T-Mobile Austria managed to attract almost 10 per cent more new customers last year.The Vienna-based company said today (Fri) it had 3.78 million clients in 2010, up by 9.6 per cent year on year. T-Mobile Austria however also announced that its turnover declined by five per cent to 983 million Euros.T-Mobile is the number one […]

McDonald’s serves up price hike

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Business

The Austrian branch of fast food chain McDonald’s has said it will increase its prices.The company said today (Thurs) that the average price of its products – which include whole meals like burgers with French fries but also wraps and coffee – will increase by between one and 1.5 per cent this year.”There will be […]

EVN debts decreasing

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Business

EVN AG, one of Austria’s main energy providers, has announced it has managed to reduce its debts.EVN said today (Thurs) that it had debts of 1.37 billion Euros in the first quarter of the 2010/2011 business year, 6.9 per cent less than in the same period of the previous business year. EVN added its investments […]

Foreign tourists rescue hotels’ overnight stays result

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Business

More holidaymakers from abroad helped Austrian hotels to a slight increase of overnight stays so far this winter, new figures show.State agency Statistik Austria said today (Weds) that the number of overnight stays edged up by 0.8 per cent to 27.81 million between November and January compared to the same period of the previous winter […]

More Muslims mean more sheep farmers

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Business

The increasing number of Muslims living in Austria has been identified as one of the reasons for more lamb meat demand.The Styrian Sheep Breeders Association said today (Tues) that 25 per cent more lamb meat than two years ago is currently being sold in Austria. Soaring interest in regional and organic products but also more […]

Wienerberger manages recovery

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Business

Wienerberger AG – the world’s biggest producer of bricks – is back in the black.The firm headed by Heimo Scheuch said today (Tues) that it had earnings before interest and taxes (Ebit) of 10.7 million Euros last year after a loss of 258.1 million Euros in 2009. Wienerberger added that its turnover declined by four […]

Linz hotels charge the most

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Business

Hotels in Linz were identified as the most expensive among Austria’s five largest cities.Hotel price comparison platform Trivago (www.trivago.co.uk/hotelprices) found today (Mon) that a standard double room in the Upper Austrian capital currently costs an average 138 Euros – significantly more than what hotels in Innsbruck (116 Euros) and Graz (101 Euros) are charging.Hotels in […]

Strabag upbeat despite less activity

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Business

Strabag SE chief Hans Peter Haselsteiner is optimistic despite a decline in building activity.Haselsteiner said today (Mon) that his Vienna-based construction company carried out assignments worth 12.78 billion Euros last year, down by 1.9 per cent compared to 2009.He said: “We will be able to increase our performance by five per cent to 13.5 billion […]

IHS to name new head in September

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Business

Officials at the Institute for Advanced Studies (IHS) said today (Fri) that they were aiming to appoint a successor of current chief Bernhard Felderer this autumn.The think tank revealed that 14 economists and business experts have applied for the post. The deadline for applications was last Tuesday.”A company-internal committee will meet to discuss the applications […]