HTI on road to recovery as WBAG switch nears

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Business

Internationally operating technology group HTI High Tech Industries AG (HTI) managed to reduce its losses as the firm gets ready to enter the Vienna Stock Exchange’s (WBAG) Prime Market.The Linz-based company is currently quoted on the WBAG’s Mid Market. Its stocks will be traded on the Prime Market of the WBAG on 1 May. One […]

Gender equality at work an illusion to many

Categories
General News

More than six in 10 Austrians believe in sexual equality at the workplace in their country.Research group Market said today (Thurs) it found that 63 per cent of Austrian employees put no trust in equal chances for men and women when it comes to salary figures and career chances.Market, which spoke with 400 Austrians, added […]

Austrians fear Japan crisis will boost energy prices

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Business

Most Austrians fear that the nuclear disaster in Japan will lead to higher energy prices.Linz-based research agency Market found that 62 per cent expect electricity and other energy sources to become more expensive due to the detonations at the Fukushima nuclear power plant.Several countries across the world are currently reconsidering their plans to engage with […]

Discounters stagnate after boom years

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Business

Discount supermarkets in Austria are struggling to increase their market share, it has been reported.Austrian agricultural branch authority Agrarmarkt Austria (AMA) announced today (Weds) Hofer and Lidl had an overall market share of around 20 per cent. AMA explained the chains – the two leading low-price foodstuff retailers in the country – grew strongly between […]

PMI tops Austrian tobacco sale chart

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Business

Philip Morris International (PMI) is the new number one on the Austrian tobacco products market, as figures presented today (Fri) show.Research group AC Nielsen said the American company held a 35.5 per cent share in Austria, while 34.5 per cent of cigarettes sold in the country in 2010 were products of Japan Tobacco International (JTI). […]

Young Austrians spend little time on reading papers

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Lifestyle

Young Austrians are investing just a few minutes a week reading newspapers, a survey has revealed.Linz-based pollster Market found that Austrians aged between 16 and 29 spend an average 60 minutes per week reading a printed daily newspaper. The agency also found that 28 per cent of people aged 50 and older spend five or […]

Austrian jobless rate drops

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Business

The number of unemployed Austrians continues to decline as the country gets ready for the full liberalisation of its job market.Social Democratic (SPÖ) Labour Minister Rudolf Hundstorfer announced today (Tues) that 309,584 people living in Austria were out of work last month. He added that another 69,187 unemployed Austrians were sitting re-education courses organised by […]

Many male internet fans shun books, study shows

Categories
Lifestyle

More than three in 10 men say garnering information online is “more fun” than reading books.Linz-based pollster Market found that 35 per cent enjoy bringing themselves up-to-date on the internet more than reading a book. The agency said those men also said reading the news online was “more fun” than reading books. Only 23 per […]

Tyres price hike warning issued

Categories
Business

Car tyres may get more expensive soon, an industry representative has warned.Continental AG board member Nikolai Setzer said today (Thurs) soaring rubber trade rates could lead to higher customer prices. He added price hikes of seven to eight per cent were possible if price developments on the global trading market do not calm down.Hanover-based Continental […]

Unemployment rate shrinks as Austria braces for EE workforce

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Business

Austria’s unemployment rate has dropped, half a year before the country must fully open its labour market to workers from European Union (EU) states in Eastern Europe (EE).Statistik Austria announced today (Weds) 179,000 people were out of work in the fourth quarter of 2010, down by 21,000 or 10.6 per cent compared to the same […]