VIH enters Belarus

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Business

An Austrian hotel management company has been assigned to establish a hotel in what will be the biggest building in Minsk.Vienna International (VIH) said today (Tues) the plan was to open the four-star business hotel in the capital of Belarus in 2014.The hotel, which will feature 280 rooms, will be located in the Minsk Tower. […]

Sex at work popular in Austria, poll shows

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Lifestyle

The majority of Austrians have had an “erotic experience” at their workplace, according to a study.Researchers at casual dating online portal C-Date, who interviewed more than 3,600 people in 12 European countries, found 54 per cent of Austrians have either flirted or even had sex at the office. They said the European average was 45 […]

Wienerberger reduces its losses

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Business

Wienerberger AG, the world’s biggest producer of bricks, said today (Weds) it suffered losses of more than 13 million Euros in the first nine months of this year.The Vienna-based company announced losses of 13.5 million Euros between January and September 2010 following losses of 198.2 million Euros in the same period of the previous year.Its […]

‘Emotional’ XXXLutz ready to open more shops in Sweden

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Business

Furniture megastore chain XXXLutz bosses have described the firm’s upcoming expansion to Sweden as an “emotional highlight”.The Wels-based company will open its first shop in the homeland of global market leader Ikea next month. Around 300 staff will find work in the 25,000-square-metre store in the southern city of Malmo from 4 November.Thomas Saliger, the […]

One third paid for sex at least once, poll shows

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Lifestyle

Almost one in three men have had sex with a prostitute, a new survey has found.Pollsters Market said today (Weds) 32 per cent of interviewed men admitted to having paid for sex at least once in their lives. The Linz-based institute explained 44 per cent of men aged 60 and older have slept with prostitutes […]

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 […]

TA bags Bulgarian businesses

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Business

Telekom Austria (TA) continues to invest in Eastern Europe (EE) as it announced the acquisition of two Bulgarian companies today (Weds).Hannes Ametsreiter, general director of the firm, which dominates the Austrian mobile services market, announced TA’s subsidiary Mobiltel bought a 100 per cent interest in Spectrum Net AD and Megalan Network AD for 72 million […]

TA ‘interested in Telekom Srbija’

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Business

Telekom Austria (TA) is engaged in a bidding war for Serb telecommunications firm Telekom Srbija, according to reports.Belgrade daily Politika claims today (Fri) that the Austrian market leader has interest in taking a 50 per cent stake in the company from the Serb government. The report also has it that Germany’s Deutschen Telekom, Egyptian firm […]

XXXLutz in €200mn Lesnina deal

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Business

Austrian furniture megastore chain XXXLutz has coughed up around 200 million Euros to snatch up a Slovenian competitor, it has been claimed.Business dailies report today (Thurs) that XXXLutz – which has around 17,000 employees – transferred between 150 and 200 million Euros to Lesnina owners to take over the company in full.Bosses at the company […]

Palfinger grabs major NDM share

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Business

Salzburg crane and hydraulic systems producer Palfinger has taken a major stake in Dutch company Ned-Deck Marine B.V. (NDM), it has emerged.Palfinger chief Herbert Ortner said today (Fri) he was convinced the acquisition of 75 per cent of NDM’s shares will improve his firm’s service capacities.”NDM’s turnover remained stable year on year in 2009 despite […]