Price rise set for many in Vienna housing associations


By Matthias Loinig The year 2013 is going to start off an expensive one for more than  2,500 people living in Vienna housing associations. The reason is that building contracts that were signed 60 years ago will run out from the end of 2012. Many of the buildings were built in the 1920s when there […]

AUA approaches black figures


Austrian Airlines (AUA) managed to reduce its losses last year.The struggling carrier suffered a loss of 64.7 million Euros in 2010, it was announced yesterday (Thurs). The airline stressed this was a significant improvement compared to the previous year’s loss of 230.9 million Euros.AUA, which reduced its workforce from more than 7,000 to around 5,900 […]