An energy sector watchdog has hit out at energy providers for jacking up gas prices.Independent market observer E-Control said today (Weds) companies operating in Austria must not give the ongoing debate about a possible farewell to nuclear energy in Germany as a reason for their gas price hikes.E-Control revealed Austrian households have been forced to […]
Tag: prices
Oil sales in decline
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Austrians are buying less heating oil amid soaring prices, new figures show.The Institute for Economic Oil-Heating (IWO) announced today (Fri) private and business clients bought 1.7 billion litres of the product last year. The organisation explained this was a 0.6 per cent decline compared to figures from 2009.The IWO said it has been registering a […]
Paper industry incomes to rise
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People employed by domestic paper industry companies will earn more from next month.Works council representatives announced today (Fri) company bosses of the sector agreed to pay 3.1 per cent more to staff from 1 May. Negotiators said the leadership of the firms also agreed to raise trainees salaries by the same rate. The settlement will […]
Immense price hikes registered
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Life keeps getting more expensive in Austria, figures presented today (Weds) show.Inflation rose by three per cent in February compared to the same month in 2010. This is the highest increase since October 2008 when the global economic downturn broke out. The price level soared by 3.1 per cent that month compared to October 2007.Last […]
Leder & Schuh turnover rises
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Graz-based shoe company Leder & Schuh International AG (Leder & Schuh) has managed a 10 per cent turnover increase.The firm which runs Humanic, Jello and other chains said yesterday (Thurs) it achieved a turnover of 542.8 million Euros last year, up from 496.3 million Euros in 2009.Leder & Schuh has a market share […]
Energy sector giant Verbund AG has suffered a turnover decrease.The Viennese firm, in which the Republic of Austria holds a 51 per cent interest, said today (Weds) its turnover shrank by five per cent to 3.3 billion Euros in 2010. Verbund added that its earnings before interest, taxes, depreciation and amortisation (Ebitda) declined by 15.4 […]
McDonald’s serves up price hike
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The Austrian branch of fast food chain McDonald’s has said it will increase its prices.The company said today (Thurs) that the average price of its products which include whole meals like burgers with French fries but also wraps and coffee will increase by between one and 1.5 per cent this year.”There will be […]
Shops raked in more last year
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The turnover of Austrias retail trade soared by nearly three per cent year on year in 2010, it has been announced.Researcher KMU Forschung Austria said today (Tues) that shops in the country generated an overall turnover from sales of 50.1 billion Euros after taxes, 2.7 per cent more than in 2009. It pointed out that […]
Building project costs soar up
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Prices in the construction sector rose by nearly four per cent year on year in 2010, Statistik Austria has announced.The agency said today (Thurs) that costs climbed by 3.9 per cent. It explained that roadwork activities were 5.5 per cent more expensive in 2010 than in the previous year, adding that bridge construction rates jumped […]
Sweet 2010 figures for Darbo
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Austrian jam and honey producer Adolf Darbo AG (Darbo) has achieved a five per cent year on year turnover increase in 2010.The company which is based in Stans, Tyrol said today (Fri) that its turnover was 107.65 million Euros last year, adding that 21 per cent of its annual turnover was generated in […]