Office furniture specialist Bene AG has managed to reduce its losses.The company, which is based in the Lower Austrian town of Waidhofen an der Ybbs, said today (Weds) it suffered losses of 8.7 million Euros in the third quarter of the 2010/2011 business year, down by 100,000 Euros year on year.Benes turnover declined from 135 […]
One in five Austrians are at risk of getting themselves into debt this Christmas, a financial expert has warned.Alexander Maly of the Viennese Debtors Counselling Authority said today (Tues): “Some people feel pressure to consume and shop in order to belong to a certain group of friends.”Speaking to the Kronen Zeitung newspaper, Maly said around […]
More than one in 10 Austrians are poor or threatened by poverty, according to a study by Eurostat.The European Commissions (EC) statistics agency announced yesterday (Mon) that 12.4 per cent of people living in Austria earned less than 60 per cent of the national median income of 912 Euros a month for a one-person household. […]
Vienna has another luxury hotel as the Sofitel Vienna Stephansdom started operating this morning (Tues).French architect Jean Nouvel created the design of the five-star resort located on the Donaukanal (Danube Canal) in Vienna-Leopoldstadt.The 18-storey building, which features 182 rooms costing between 250 and 3,000 Euros per night, also includes a carpet dealer and an art […]
Austrian Social Democratic (SPÖ) Chancellor Werner Faymann has met with Croatian Democratic Union (HDZ) Prime Minister Jadranka Kosor just three days after her predecessor was arrested in Austria.A spokesman for Kosor claimed that today’s (Mon) meeting was agreed upon “a long time ago”, and dismissed it had anything to do with the arrest of ex-HDZ […]
An Austrian businesswoman accused of being Bernard Madoff’s “criminal soul mate” has claimed she was a victim of the bankers illicit operations herself.Madoff was sentenced to a maximum 150 years in jail by a court in New York City in the United States for what is widely considered to be the largest so-called Ponzi scheme […]
Around 20,000 Euros of damages were caused at a bank branch in Gödersdorf, Carinthia, when an Advent wreath caught fire at the weekend.Staff forgot to turn off the plastic wreaths electric candles when going home on Friday evening. A patrolling policeman noticed the smoke coming out of the building the next day. He called the […]
Victoria’s Secret is to open a showroom in Austria, according to reports.Austrian business weekly Format claims today (Fri) the American lingerie maker plans to open its first representation in the country in the city centre of Vienna in February.Victoria’s Secret has cooperated with some of the best paid models in the world in advertising its […]
A initiative aims to raise awareness of the high costs caused by flushing rubbish down the toilet.The new Styrian group Klobal announced today (Fri) it wanted to lower costs created by garbage dumped in loos across Austria by 21 million Euros over the next 10 years.Klobal, which was set up by Styrias effluent disposal authorities, […]
Oil heating causes 40 times more higher carbon dioxide (CO2) emissions than wood pellets systems, according to a new study.Pressure group proPellets Austria announced today (Fri) research by Bioenergy 2020+ and ARGE Renewable Energy Vienna / Lower Austria shows families heating their homes with oil could reduce their greenhouse gas emissions by 97.6 per cent […]