Bank Austria (BA) chief economist Stefan Bruckbauer said he expected Austrias industrial branch to grow “by at least four per cent” this year.Bruckbauer said today (Thurs) preliminary figures showed a record increase from foreign companies in demand for Austrian industrial firms products this month.”These developments confirm that Austrias industrial branch is to become a decisive […]
Tag: increase
efko eyes Bulgarian partnership deal
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Upper Austrian fruit and vegetable producer efko is considering cooperating with a Bulgarian company as an increase in turnover is expected for this year.Company chief Gerald Hackl said today (Thurs) turnover rose by 16 per cent year on year to 118.3 million Euros in 2009, adding that another three-per-cent increase was expected for 2010.Hackl said […]
Soaring fuel prices brisk inflation
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Last month saw inflation rise at its most dramatic rate in more than one year, official figures released today (Fri) show.State agency Statistik Austria reported inflation rose by two per cent in March compared to the same month of 2009, the highest year on year increase since developments in November 2008.Soaring car fuel and heating […]
The prices of petrol and diesel-fuel in Austria are lower than the EU average, the Economics Ministry said today (Fri).The averge price of a litre of Eurosuper 95 petrol in Austria on 8 March had been 1.143 Euros, compared to the EU average of 1.295 Euros, a difference of 15.21 cents a litre.In addition, the […]
Plastics manufacturer Greiner Group reported that its turnover had declined by eight per cent year on year to 1.031 billion Euros in 2009 yesterday (Thurs) evening.Board members Axel Greiner and Axel Kühner said the decline had been moderate given the financial crisis and attributed it to the effect of fluctuations in currency-exchange rates.They added that […]
Paper industry workers get a raise
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Austria’s paper industry workers are to get a pay rise.The social partners have agreed a new contract for paper processing industry workers, the umbrella association of paper industry firms said today (Fri).The contract, retroactive to 1 March, will give workers currently on the minimum wage a 1.25 per cent salary increase and others a 1.15 […]
Telekom Austria (TA) is planning to buy the remaining 30 per cent interest in its Belarussian subsidiary Velcom at the end of 2010, according to todays (Tues) edition of the newspaper WirtschaftsBlatt.According to the paper, the remaining interest might cost as much as 500 million Euros and that TA would buy it from Austrian industrialist […]