Long-term joblessness down as EE labour barrier vanishes

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Business

The number of people failing to find a job for a long time is in decline, new figures show.Social Democratic (SPÖ) Labour Minister Rudolf Hundstorfer said today (Mon) that 5,037 of all of last month’s jobseekers had been out of work for more than a year. The minister pointed out that this number was 30.2 […]

Jobless rate shrinks as EE jobseeker barrier set to expire

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Business

Austria has registered a significant decline in unemployment.Official figures presented today (Fri) show that fewer than 253,000 people were out of work last month, down by 5.2 per cent compared to March 2010. This development means that the federal jobless rate shrank for the 13th month in a row.The federal labour ministry of Social Democrat […]

Austrian companies hired 2,500 Romanians in 2010

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Business

More than 2,000 Romanians took on jobs in Austria last year, according to new figures.Romanian online recruiting platform Tjobs reports today (Mon) that around 2,500 people from the Eastern European (EE) country signed work contracts with Austrian firms in 2010. The agency also said that a further 10,500 Romanians applied for jobs in Austria at […]

More job vacancies in Austria

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Business

The Austrian economy weathered the economic downturn well in 2010, new figures suggest.The Federal Labour Market Service (AMS) announced today (Fri) that companies doing business in the country offered 404,733 positions last year. The authority explained this was a 14.3 per cent increase compared to the number of vacant jobs in 2009.AMS officials stressed that, […]

‘Dynamic’ Russia attracts Rewe

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Business

Rewe Group boss Frank Hensel has praised Russia as an “extremely dynamic market”.Hensel said today (Thurs): “We would carry out our expansion there twice as fast if we could, but there are always some problems with property ownership issues. Russia is an extremely dynamic market though.”The German company currently runs 68 Billa supermarkets in the […]

Austrian may have headed European prostitution ring

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General News

A 32-year-old Austrian is accused of having masterminded an internationally operating human-trafficking gang.Austrian police announced today (Thurs) that the man was arrested earlier this week. He is the main suspect in investigations into a prostitution business in Ibiza. Women from the Czech Republic, Germany and other countries were lured to the Spanish island.The Austrian and […]

EE business lets Teekanne turnover brew

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Business

Prospering business in Eastern Europe (EE) served up a record turnover for Austrian tea producer Teekanne in the past business year.Bernhard Zoller, who heads the Salzburg-based firm, said overall 2009/2010 turnover soared by 8.2 per cent to 96.4 million Euros.Zoller said Teekanne would continue to expand in EE after becoming market leader in the Czech […]