Red Bull sales soar

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Business

Red Bull managed to sell more than 4.6 billion cans of its trademark drink last year, it was announced yesterday (Weds). The company – which has its headquarters in Fuschl near Salzburg – said 4.63 billion cans of its energy drink were purchased across the world in 2011, 11.4 per cent more than in the […]

Gebrüder Weiss concentrates on CEE

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Business

Gebrüder Weiss CEO Wolfgang Niessner has revealed plans to invest in Austria and the Czech Republic. Niessner said today (Weds) that his company – one of Central and Eastern Europe’s (CEE) leading transport and logistics enterprises – considered expanding some of its facilities. He said that the provinces of Salzburg, Lower Austria and Upper Austria […]

Puls 4 outpaces ATV

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Business

ATV has been robbed of its standing as Austria’s most popular private TV station. Puls 4 overtook its key rival for the first time in four years thanks to a market share of 3.2 per cent last month. ATV garnered a stake of three per cent, according to TV consumption research released yesterday (Thurs). ServusTV, […]

Coffee on wheels comes to Vienna

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Lifestyle

The first coffee maker on wheels has arrived in Vienna. Budding barista Felix Veres has been driving his cafe converted Piaggio Ape around the capital since the start of January, seving coffee on the move. Whist mobile cafes have been a feature of city’s such as Hamburg and Amsterdam for some time now, they have […]

Bierwirth to depart, papers claim

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Business

Andreas Bierwirth is about to leave the executive board of Austrian Airlines (AUA), according to reports. Several Austrian business dailies report today (Fri) that the businessman’s contract will not be extended. The supervisory board of Lufthansa – which rescued AUA from ruin in 2009 – is understood to debate the details of Bierwirth’s departure in […]

Unionist rubbishes ÖBB’s workforce concept

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Business

Federal Railways (ÖBB) works council chief Roman Hebenstreit has called on company bosses to show more honesty regarding the firm’s workforce level and staff salaries. Hebenstreit said on Saturday ÖBB continued cooperating with external enterprises about various services such as security at railroad construction sites while planning to lower the number of ÖBB staff by […]

DO&CO on track with ÖBB

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Business

A leading airline caterer will soon provide food for Federal Railways (ÖBB) customers, according to a newspaper. Die Presse reports today (Weds) that ÖBB picked DO&CO to manage on-board catering services of its long-distance trains from April. The state-funded railway company and the Viennese gastronomy enterprise were unavailable for comment. ÖBB is expected to reveal […]

Job fears as Schlecker goes bust

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Business

Around 3,000 people may lose their jobs in Austria as a leading drugstore chain declared itself bankrupt. It was reported last Friday that discounter Schlecker may be forced to stop operating due to declining turnover. The German company announced yesterday (Mon) it opted for starting controlled insolvency procedures in a bid to stay in business. […]

Ritz Vienna at the ready

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Business

Vienna will get a Ritz next year, it was confirmed yesterday (Tues). A group of Kazakh investors signed contracts with Austrian real estate company Bauträger Austria Immobilien GmbH (BAI) in Vienna. The business partners said afterwards that a new hotel of the famous brand would open in the city in the second quarter of 2012. […]

Porr issues profit alert

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Business

Austria’s third-biggest construction company has warned its shareholders of potential losses. Porr AG announced today (Thurs) it might suffer a loss of 70 to 80 million Euros before tax by the end of this year. The firm said it was challenged by write-offs in Eastern European (EE) countries like Hungary and Romania where state-owned institutions […]