Furniture trade flourishes

Categories
Business

The Austrian furniture retail trade grew for a sixth year in a row in 2009, a market analysis expert has revealed.RegioPlan official Michael Oberweger announced today (Thurs)that the sector managed to increase turnover by 1.6 per cent last year compared to the 2008 business figures.Oberweger said he expected the furniture retail sector to grow by […]

Businessmen in better mood

Categories
Business

The mood among businessmen in Austria’s retail trade sector has improved, according to consulting firm KMU Forschung Austria.Georg Toifl, the head of its retail trade division, said today (Fri): “We are experiencing a trend reversal.”He said business would continue to pick up in the second quarter of 2010 but warned against “euphoria” since investment was […]

Recession slashes power consumption

Categories
Green Austria

By William GreenPower consumption plunged this year amid an industry downturn because of the recession, the Association of Austrian Electricity Enterprises (VEÖ) said today (Tues).VEÖ said the fall reached its lowest point in April, when consumption was down by 10.3 per cent year on year.Declines of 6.1 per cent and 7.1 per cent occurred year […]