One of Austrias leading energy providers is to get a new chairman as Burkhard Hofer announced he has decided to step down as head of EVNs executive board.The Lower Austrian company announced today (Weds) that the 66-year-old asked the supervisory board to release him from his position next month. EVN explained that its supervisory panel […]
An Altach-based electrical engineering company has asked officials to start bankruptcy proceedings in a bid to continue doing business after having its finances restored.The Federal Creditors Protection Association (KSV 1870) announced today (Weds) that authorities in the province of Vorarlberg started checking the finances of MH Elektrotechnik GmbH which has debts of around 1.6 million […]
Austria has made the top five in a spending power survey among European Union (EU) member states.Eurostat, the European Commissions (EC) statistics authority, announced today (Weds) that Austria has the fourth-highest per capita gross domestic product (GDP) among the EUs 27 member countries with 124 per cent.Luxembourg came first in the survey with 271 per […]
Office furniture specialist Bene AG has managed to reduce its losses.The company, which is based in the Lower Austrian town of Waidhofen an der Ybbs, said today (Weds) it suffered losses of 8.7 million Euros in the third quarter of the 2010/2011 business year, down by 100,000 Euros year on year.Benes turnover declined from 135 […]
The number of Austrians opposing Turkey’s accession to the European Union (EU) is on the rise.Researchers Karmasin questioned around 500 Austrians for magazine profil to find that 61 per cent are against such a move. Fifty-nine per cent said the same in May 2009.Eighteen per cent of Austrians (2009: 13 per cent) spoke out in […]
One in five Austrians are at risk of getting themselves into debt this Christmas, a financial expert has warned.Alexander Maly of the Viennese Debtors Counselling Authority said today (Tues): “Some people feel pressure to consume and shop in order to belong to a certain group of friends.”Speaking to the Kronen Zeitung newspaper, Maly said around […]
More than one in 10 Austrians are poor or threatened by poverty, according to a study by Eurostat.The European Commissions (EC) statistics agency announced yesterday (Mon) that 12.4 per cent of people living in Austria earned less than 60 per cent of the national median income of 912 Euros a month for a one-person household. […]
The number of pickpocket offences is increasing and police are bracing for another rise in figures as Austrians are flocking to shopping centres and Christmas markets.Federal police announced today (Tues) that they registered around 15,000 reported cases of thefts by pickpockets in the first nine months of this year. They stressed this was a […]
Austria has failed to make the top 10 in a think tanks latest global democracy ranking.The Vienna-based Democracy Ranking Association announced today (Mon) Norway, which came second in 2009, toppled last years leader Sweden to grab first place in its 2010 Democracy Ranking.Finland takes third place ahead of Switzerland and Denmark. New Zealand makes sixth […]
Oil heating causes 40 times more higher carbon dioxide (CO2) emissions than wood pellets systems, according to a new study.Pressure group proPellets Austria announced today (Fri) research by Bioenergy 2020+ and ARGE Renewable Energy Vienna / Lower Austria shows families heating their homes with oil could reduce their greenhouse gas emissions by 97.6 per cent […]