Many Austrian businesspeople are questioning investigations indicating that bribery is rampant in the country, a new survey shows.Research group Ernst & Young interviewed more than 100 Austrian employees and company chiefs as part of its European Fraud Survey 2011. The agency said today (Weds) only 34 per cent of polled Austrians believe corruption is common […]
Tag: company
VIA activity shoots up
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Austrias busiest aerodrome has experienced an immense passenger increase.Flughafen Wien AG (FW), the listed company managing Vienna International Airport (VIA or VIE), said today (Thurs) there were 1.726 million customers at the airport last month, up by 23.6 per cent compared to April 2010.FW pointed out that VIA was – as many other airports in […]
OMV profit jumps despite Arab uprisings
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Energy sector giant OMV AG has managed to increase its turnover and profit although it was forced to scale back its activity at some of its most crucial production and exploration sites due to the unrest in the Arabian world.OMV said today (Weds) its turnover soared by 53 per cent to 8.07 billion Euros from […]
Job concerns as wood firm goes bust
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Dozens of employees fear losing their jobs as a Carinthian wood industry business filed for bankruptcy.St. Veit an der Glan-based Vito asked a court in Klagenfurt to start controlled insolvency procedures today (Tues), according to the Creditors Protection Association of 1870 (KSV). KSV said Vitos debts range around 5.2 million Euros. The association also announced […]
Petrovic wants VIA job
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A Green trailblazer and animal rights activist has applied for the vacant position of a leading aviation industry company.Former federal Green Party leader Madeleine Petrovic announced today (Fri) she was “ready to take responsibility at Flughafen Wien AG (FW), the listed firm which manages Vienna International Airport (VIA or VIE).FW is currently seeking a new […]
AUA messes up economic take-off
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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 […]
Intercell names new CEO
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Struggling vaccine developer Intercell AG has presented a new company chief.The Vienna-based research firm said today (Thurs) board member Thomas Lingelbach will take over as CEO next Tuesday (10 May). Current head Gerd Zettlmeissl will leave the company “to pursue other personal and professional interests,” Intercell added.Lingelbach has been the companys COO since 2006. He […]
DHL centre opens at VIA
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A subsidiary company of Deutsche Post AG has opened a logistics and competence centre in Austria.German postal services provider Deutsche Post said today (Mon) its express mail branch DHLs Global Forwarding department started operating a cold warehouse at Vienna International Airport (VIA).Deutsche Post explained DHL will store temperature-sensitive products at the site but also work […]
Tchibo-Eduscho ‘side sales’ prosper
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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 […]
UNIQA strong in 2010
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Insurance company UNIQA Versicherungen AGs (UNIQA) international operations are prospering, figures presented today (Fri) show.The Vienna-based companys international operations department achieved premiums of 2.4 billion Euros last year, around 20.8 per cent more than in 2009. UNIQA Austria earned 3.8 billion Euros at the same time, up by 1.8 per cent compared to 2009.UNIQA does […]