Rents to rise shortly

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Business

Hundreds of thousands of Austrians will be forced to fork out more on rent soon. Radio station Ö1 reported yesterday (Tues) prices would be increased for certain categories of contracts. According to tenants’ representatives, 300,000 households will feel the price hikes set to come into effect later this month or next month. They explained that, […]

Farmers emphasise quality aspects as prices soar

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Business

Farmers have appealed to customers to appreciate the high quality of food produced in Austria instead of complaining about high prices. The Chamber of Agriculture pointed out today (Thurs) Austria’s food quality and safety standards were much stricter than European Union (EU) regulations in many regards. The chamber also stressed that genetically manipulated products were […]

Austrians groan under high prices

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Business

Complaints by consumer protection groups that politicians should do more about “reckless” speculations triggering soaring foodstuff prices are unlikely to recede considering new inflation figures. Statistik Austria announced today (Thurs) Austrians had to fork out 3.3 per cent more on various products and services of daily life last month than in June 2010. It was […]

Ukrainian cigarette smuggler caught in Carinthia

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General News

A man from Ukraine was arrested after police found more than 400 cigarette cartons in his car. The 30-year-old was stopped during in a traffic check on the A2 southern motorway in Villach-Land district, Carinthia, near the Austrian border with Italy yesterday evening (Weds). He was put in custody after 425 cigarette cartons were discovered […]

Electricity price hikes ahead

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Business

An energy sector expert has warned that electricity prices will climb further. The Austrian Energy Agency said today (Thurs) its price index for next month was 7.6 per cent higher than figures of July 2010. It added that the index rose from June 2011 to July of the same year by 1.7 per cent. These […]

Footstuff price hikes fuel inflation

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Business

Flight tickets, coffee and heating oil have become more expensive in Austria, new figures show. Statistik Austria announced today (Thurs) the inflation rose by 3.2 per cent from May 2010 to the same month of this year. The agency explained mineral oil products and foodstuff price hikes were mostly responsible for the overall increase of […]

Fewer supermarkets in Austria

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Business

Austria’s leading supermarket chains have reduced the number of their shops in the past years, a survey has found. Market analysis company RegioData said today (Thurs) the country’s strongest supermarket companies currently run 5,000 shops, down from 5,700 in 2004. The agency explained market leader Billa, Spar Austria and other firms were trying to optimise […]

VCÖ sees high potential for more cycling

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General News

More than one million Austrians would cycle to work if infrastructure improvements were made, a traffic research organisation has claimed.The Austrian Traffic Club (VCÖ) announced today (Weds) around 250,000 people were already using their bicycles to get to the office. The group added that up to 1.3 million would do so if decision-makers would spend […]

Smoking kills 14,000 every year

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General News

Around 14,000 people succumb to smoking-related diseases in Austria each year, health experts have said on yesterday’s (Tues) World No Tobacco Day (WNTD).The World Health Organization (WHO) explained around 5.5 million people die from such causes all over the world a year. The international institution made aware of the life-threatening aspects of passive smoking as […]

Tyres to become more expensive

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Business

The price of car tyres is set to soar in the near future, experts warned today (Fri).Business newspapers cite industry representatives and market analysts as saying that the rising price for rubber and other materials will fuel a jump in consumer prices. Experts claimed that the recovering economy and an increase in car sales will […]