Fuel prices under close scrutiny

Categories
Business

The Austrian Competition Authority (BWB) has asked the country’s leading oil companies and petrol station managers to comment on the current price developments. The BWB announced yesterday (Weds) it had decided to take a closer look at the recent pricing occurrences due to an increasing number of complaints by citizens and car clubs. The authority […]

Fuel price hikes make public transport more popular

Categories
General News

More and more people are using means of public transport as car fuel prices hit a new high. Diesel cost 1.42 Euros on average last month, according to car club Arbö while the price for Eurosuper soared to 1.46 Euros. Arbö underlined that motorway service stations were charging up to 1.59 Euros for one litre […]

Amendment could cause gas price decline

Categories
Business

The head of energy sector watchdog E-Control has disclosed his plans for fairer gas prices. Walter Boltz told the Kurier today (Thurs) that a change of the current gas market law was planned for the beginning of next year. He said this step would allow Austrian firms to acquire transit gas. Boltz said it was […]

Property prices in the Weinviertel rising

Categories
Green Austria

The extension of the North autobahn along the A5 is pushing up property prices in the Weinviertel. Local property agents say that the area has a good reputation especially among businesses and families who will find it a lot easier to get to the capital once the road extension is complete. The region offers the […]

Energy discount in eastern Austria

Categories
Business

Three leading electricity providers have reduced their prices. The Austrian Energy Alliance – the distribution agency of Vienna’s Wien Energie, Lower Austrian company EVN AG and Eisenstadt-based BEWAG – said yesterday (Weds) it reduced the price for one kilowatt hour (KWh) of electricity by 3.3 per cent at the beginning of this month. The decrease […]

Beer prices to climb

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Business

One of Austria’s biggest breweries decided to increase its consumer prices. Ottakringer – Vienna’s major beer firm – said today (Tues) it would charge three to five per cent more for its products. The price hikes will be felt by shoppers from March, according to business experts. A spokesman for the company claimed that “all […]

Ski lift price check shows savings potential

Categories
Business

Lift passes cost more than twice as much in Austria’s most popular skiing resorts than in small winter sport destinations, according to an investigation. The Austrian Association for Costumer Information, VKI, said today (Thurs) comparably small regions in Lower Austria and Styria were charging less than 300 Euros for weekly passes for a whole family […]

Milk and coffee more costly

Categories
Business

Some of the most popular foodstuffs became significantly more expensive last month. Statistik Austria said yesterday (Weds) that dairy products became seven per cent more expensive from October 2010 to the same month of this year. Statisticians also consider eggs in this price group. The price of bread and meat rose by four per cent. […]

Manner busier despite price hikes

Categories
Business

Tradition-rich sweets manufacturer Manner said today (Fri) it managed to increase its turnover by more than 10 per cent. The company, best known for its Manner Schnitten hazelnut cream wafers, announced a 10.3 per cent turnover rise from the first nine months of 2010 to 122.2 million Euros in the same time span of this […]

WKO boss wants price freeze

Categories
Business

Federal Economy Chamber (WKO) President Christoph Leitl has called on the state and Austria’s nine provinces to abstain from raising fees in 2012. Leitl told the Kurier today (Weds) cities and communities should not introduce higher prices for services such as water disposal and the provision of gas. The WKO chief argued yesterday’s metal industry […]