Peoples Party (ÖVP) Environment Minister Nikolaus Berlakovich has unveiled plans to set up a country-wide egg-farming database following a recent business scandal.Berlakovichs initiative comes after it emerged that a Styrian company imported substandard eggs from Poland and Hungary to sell them as local products. Recent reports have it that Rohr an der Raab-based Goldmund sold […]
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US Ambassador makes investment appeal
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The US Ambassador to Vienna has encouraged Austrian firms to invest in the USA.William C. Eacho said at a Vienna business event hosted by the Austrian Economy Chambers (WKO) Foreign Trade Department (AWO) yesterday (Thurs) that the US economy would continue to recover.”(US President Barack) Obamas long-term reforms will bring the country back on track […]
More than 80 Styrian companies do business in Football World Cup host country South Africa, economy officials have announced.Wolfgang Köstinger of the Austrian foreign trade departments representation in Johannesburg said today (Thurs): “South Africa has a strong automobile industry. Especially Styrian firms are strongly engaged.”Köstinger mentioned Magna and AVL as leading companies doing business in […]
The Austrian governments attempts to label Austria as an “eco-friendly country” with the know-how for “green technologies” of the future have suffered a throwback as Austria has been revealed as doing badly in reducing its emissions.The European Commissions (EC) environmental experts announced today (Weds) there were 9.6 per cent more carbon dioxide emissions in Austria […]
Every third Austrian who will go on holiday this year will do so in Austria, according to the results of a new poll by the Institute for Tourism and Leisure-Time Research released today (Mon).It said 10-to-15 per cent of the 50 per cent of Austrians who were planning to go on holiday had changed their […]
Austrian electricity provider Verbund wants to buy hydroelectric plants in the Pyrenees and the Alps in France, firm General Director Wolfgang Anzengruber said today (Fri).He said Verbund would compete for licences for plants operated by EdF and GdF-Suez that would be newly issued. Verbund would be interested in obtaining 10 per cent, or 5,000 MW, […]
Hundreds of Austrians took part in a survey which revealed that almost one in three could imagine spending their holidays in Romania.THR marketing director Jorn Gieschen said yesterday (Tues) research has shown that most tourists visited the Eastern European country for its nature.Another result of the study in which 10,800 people from Austria, Germany, […]
A significant upward trend is not in sight for Austrias economy, a top think tank has warned.The Vienna-based Institute for Economic Research (Wifo) today (Fri) lowered its economic growth forecast for 2010 and 2011. Wifo officials said they expected the countrys economy to grow by 1.3 per cent this year and by 1.4 per cent […]