Ramadan diminishes August overnight results

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Business

Ramadan has been identified as the main reason for a dramatic decline of overnight stays by guests from the Arabian region last August.Klaus Ehrenbrandtner, Middle East market manager of the Austria Marketing (ÖW), said today (Fri) there had been a 43.3 per cent drop in overnights by tourists from Saudi Arabia, the United Arab Emirates […]

Austrian hotel prices on the rise

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Business

Hotel prices in Austria have edged up this month, it has been reported.On-line hotel comparison platform Trivago (www.trivago.co.uk/hotelprices) said today (Thurs) a standard double room in Austria cost 115 Euros per night this month, up by three per cent compared to the previous month.This means the price hike which occurred in Austria was less dramatic […]

ÖBB would benefit from higher car fuel tax, says Kern

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Business

Federal Railways (ÖBB) head Christian Kern has claimed that higher mineral oil taxes would be an immense help in the firm’s bid to sell more tickets.The businessman, who previously worked for electricity provider Verbund, told the Salzburger Nachrichten newspaper today (Thurs) he was convinced more people would switch to trains if car fuel taxes were […]

Neckermann struggles as Quelle relaunch ahead

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Business

Mail order company Neckermann Versand Österreich AG suffered losses of more than eight million Euros last year, according to reports from today (Weds).Viennese newspaper Der Standard claims the firm – a subsidiary of German mail order giant Neckermann – also suffered a four million Euro year on year decline in turnover to 84 million Euros […]

Another blow for Linz as Lufthansa scraps Munich route

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Business

Provincial political leaders are set to turn their guns on Lufthansa following revelations that the aviation firm is to axe its Linz – Munich service.Local newspaper Oberösterreichische Nachrichten reports today (Tues) that the German company will stop offering flights between Blue Danube Airport in Linz, Upper Austria, and the German city of Munich as of […]

ÖBB offices raided over slush money suspicion

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Business

Offices of Austrian Federal Railways (ÖBB) and the apartments its of ex-managers were raided last night (Mon) amid suspicions of bribery connected to the takeover of a Hungarian railway company.The Viennese Anti-Corruption Prosecution announced today (Tues) it was asked by Hungarian officials to assist in investigating the case regarding ÖBB’s acquisition of MAV Cargo. The […]

Vorarlberg not upping heating subsidy

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Business

The provincial government of Vorarlberg has decided not to raise the heating subsidy sum for the upcoming winter.People’s Party (ÖVP) councillor Greti Schmid announced today (Tues) that the government will support needy households with 250 Euros this winter, the same amount it provided last year.This means that local political decision-makers will not take inflation into […]

TA to finalise Velcom takeover

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Business

Telekom Austria (TA) is to fully take over a leading Belarusian mobile communications firm, it has been announced.TA, which has 16,000 employees and more than 21 million customers across Europe, said today (Tues) it finalised the purchase of 100 per cent of Minsk-based Velcom.The Austrian company headed by Hannes Ametsreiter already acquired 70 per cent […]

New 24-hour weekend U-Bahn costs more than €10mn

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General News

More than 10 million Euros of taxpayers’ money is being used to finance Vienna’s new 24-hour U-Bahn weekend service, it has been announced.Public transport agency Wiener Linien said today (Mon) the service – which went into operation four weeks ago – cost an overall 10.7 million Euros a year. It explained the new around the […]

Pühringer angered as ÖBB set to cut Linz – Graz route

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Business

The political pressure on Federal Railways (ÖBB) is rising following the firm’s announcement to axe a direct connection between the second- and third-biggest cities in the country.ÖBB said last week it would stop running a direct high-speed Intercity connection between the Upper Austrian city of Linz and Graz in the province of Styria after reorganisation […]