Water processing and preparation company Best Water Technology AG (BWT) said today (Fri) that its turnover jumped by 15 per cent to 460.7 million Euros year on year in 2010.The company, which is based in the Upper Austrian town of Mondsee, added its earnings before interest and taxes (Ebit) improved by 17.4 per cent to […]
Hundreds of staff of Erste Banks Romanian subsidiary took to the streets in Bucharest today (Fri) to demonstrate against the loss of certain rights in a controversial new labour contract proposal.Banca Comerciala Romana (BCR) unionists who represent 75 per cent of the banks employees accuse the financial institutes executive board of having an […]
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 AG, one of Austrias 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 […]
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 […]
Wienerberger AG the worlds 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 […]
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 […]
Hotels in Linz were identified as the most expensive among Austrias 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 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 […]
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 […]