VW emission feud sparks legal action

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Business

Porsche Austria Holding GmbH (PH) has vowed to take the Austrian Traffic Club (VCÖ) to court as political leaders and non-government organisations (NGO) unite behind the traffic research group.PH announced it will sue VCÖ for providing allegedly incorrect data concerning carbon emission rates of Volkswagen (VW) models. PH, which is based in Salzburg, is part […]

‘Safety first’ investments preferred by majority

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General News

Only 10 per cent of Austrians focus on increasing their assets when making investments, according to a survey.One in 10 of the 1,000 Austrians interviewed by research agency Spectra said their chief priority is making a profit when it comes to choosing how to invest their money.Almost seven out of 10 Austrians (67 per cent) […]

Austria drops in EU innovation ranking

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Business

Austria has been left behind by Belgium in the European Commission’s (EC) latest Innovation Union Scoreboard.Austria comes seventh in the EC’s 2010 edition of the study which examines the conditions for innovations in the European Union’s (EU) 27 member countries. The country came sixth in 2009 but has been overtaken by Belgium in the most […]

One in three use social networks

Categories
Lifestyle

More than a third of Austrian internet users are active in social communities like Facebook and XING, new research has shown.Linz-based agency IMAS said today (Fri) it examined several surveys conducted by various research groups in the recent past to find that 34 per cent of those surfing the internet were using social network services.Around […]

Vorarlberg confident of spending power

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Business

Residents of Vorarlberg are putting more trust in their own spending power than last year, according to new research.Dornbirn-based agency Team a5 found that 64 per cent of interviewed people rated the spending power of people living in the province as “good” or “excellent”, up by 16 per cent year on year. The study also […]

Austrian economy shows strong signs of recovery

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Business

A leading think tank has claimed the Austrian economy grew stronger than it was initially predicted to do.The Vienna-based Institute for Economic Research (WIFO) announced today (Fri) the country’s gross domestic product (GDP) rose by 2.4 per cent year on year in the second quarter of 2010, adding that this was a 1.2 per cent […]

One in 10 challenged by low income, says survey

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Business

Ten per cent of Austrians struggle to make ends meet, according to a new survey.Pollsters IFES and SORA – who carried out the study for the Upper Austrian Labour Chamber (AKOÖ) – announced today (Fri) that one in 10 Austrians (350,000) said they were unable to get along on what they earned. The agencies stressed […]

One in five firms hit by business crimes, says expert

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Business

One in five companies are affected by business felonies, according to an internationally-linked detectives body.Karl Stephan Novak of the European Detectives Association (EURODET) said today (Fri) around 20 per cent of companies with more than 250 employees have become victims of business crimes.Novak – who stressed that the dark figure was expected to be significantly […]

Italy and Croatia go head to head in car trip ranking

Categories
General News

Italy and Croatia are neck-and-neck as Austrians’ most popular destination for car holiday trips.Motorist association Arbö said today (Weds) it expected and equal number (18 per cent) of Austrians to go by car to Italy and Croatia this summer.Germany comes second with a share of 10 per cent, while Austria itself is third with nine […]

BZÖ wants ‘economy’ a school subject

Categories
Politics

The Alliance for the Future of Austria (BZÖ) plans initiatives for more focus on economic subjects at school.The opposition party’s announcement comes after research revealed that half of around 1,900 Austrian university students were unable to answer more than half of the questions about economic issues correctly.Party chief Josef Bucher said today (Mon): “Economics should […]