AUA accord possible despite contract reform

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Business

Austrian Airlines (AUA) chiefs and works committee officials are fighting for a consensual solution regarding the planned austerity measures. Lufthansa, which owns AUA since 2009, wants the Viennese aviation company to achieve savings of 220 million Euros this year following last year’s losses of almost 60 million Euros. The AUA supervisory board decided last week […]

Viennese study shows Brit bosses earned the most in 2009

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Business

Austrian business chiefs earned almost 500,000 Euros in so-called crisis year 2009, research shows.The research by Viennese consulting firm Kienbaum presented today (Thurs) shows that heads of Austrian firms cashed in an average 468,000 Euros before tax last year.Kienbaum experts said Austria lies above the European average, adding that comparable figures for the previous year […]

‘TECH FORCE 2010’ conference in Vienna next week

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Business

Opinion leaders and business chiefs from all over the world will take part in an international conference on technologies of the future in Vienna next week.The Austrian Economic Chamber (WKO) announced British bestselling author Ray Hammond as well as members of leading think tanks and company bosses are set to speak at “TECH FORCE 2010” […]