Austrian brewers employ nearly 4,000

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Business

Almost 4,000 people work for Austrian breweries, new figures show.A study published by magazine News reveals the country’s 69 brewing companies have around 3,900 employees. Only Germany’s 1,319 breweries (29,604) and the 124 Belgian beer firms (5,190) have more staff in the European Union (EU). There are significantly more breweries in Denmark (120) than in […]

ÖBB head promises ticket price freeze

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Business

Federal Railways (ÖBB) boss Christian Kern has ruled out tickets becoming more expensive.”Ticket prices should not rise this year. We can save money in passenger services and our infrastructure elsewhere,” he told weekly magazine profil.Asked why he recently called for a 400-million-Euro injection by the state for the debt-ridden company, Kern explained he wanted to […]

Up to 200,000 Austrians are full-time illicit workers

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Business

Around one million Austrians now and then work illegally, according to a new study.Friedrich Schneider of the Johannes Kepler University in Linz said today (Tues) that a million of the overall 8.5 million Austrians occasionally work without letting labour officials and insurance companies know of their activities.The university professor explained “around 100,000 to 200,000” Austrians […]

Koloman Moser masterpiece disappeared en route to UK

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General News

A painting bought in an auction in Vienna for more than 100,000 Euros was stolen during transport to the United Kingdom, it has been reported.Viennese newspaper Heute reports today (Tues) that a self portrait by late Austrian artist Koloman Moser has been reported as missing. The painting was purchased by a London-based man for 116,200 […]

Champagne price outlook unlikely to sparkle on customers´ tongues

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Business

Wine and champagne will become up to 15 per cent more expensive next year, a branch representative has warned.Gerhard Wohlmuth of the wine and spirits trade department at the Federal Economy Chamber (WKO) said yesterday (Mon) customers must brace for a five to 15 per cent increase of prices for wine and champagne next year […]

Many young Austrians plan to fork out more on holidays

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Business

Almost one in three young Austrians plan to spend more on their holidays next year, a poll has shown.Insurance agency Generali, which spoke to around 1,000 Austrians, announced today (Tues) that 26 per cent of Austrians aged 30 or younger will increase their holiday budget in 2011 compared to investments on vacations this year.Only 19 […]

Kitzbühel jeweller hit by €250,000 heist

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General News

Watches worth a quarter of a million Euros were stolen from a jeweller in a spectacular break-in on Christmas Day (Saturday), police said today (Mon).The unidentified criminals made off with 25 watches worth an overall 250,000 Euros in the break-in at a shop in the town centre of Kitzbühel, a posh Tyrolean ski resort.The burglary […]

Brain Force coffers drained by restructuring

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Business

IT services provider Brain Force Holding AG (Brain Force) spent more than 1.8 million Euros on restructuring measures in the past business year.The Vienna-based company said today (Tues) it invested 1.82 million Euros on firm-internal restructuring measures in the 2009/2010 business year which ended on 30 September.Brain Force announced that its turnover declined by 22 […]

Heads may roll as €500,000 James Bond flick PR losses disclosed

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Business

A western Austrian city ended up with losses of 500,000 Euros after spending more than it earned from promoting its attractions following the shooting of some scenes for a James Bond movie.An investigation by the Federal Audit Office (RH) revealed that the Bregenz Tourismus & Stadtmarketing GmbH agency – in which the city of Bregenz […]

Post clerk jailed over €100,000 thefts

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General News

A former post distribution centre employee has been sentenced to eight months in jail for stealing cash out of letters for 20 years.The 50-year-old man, who was suspended earlier this year when his wrongdoings were uncovered, was found guilty of taking cash and valuables worth 100,000 Euros from letters and parcels.The defendant claimed in court […]