Serbia extends deadline for TA

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Business

Telekom Austria AG (TA) has been given more time to improve its offer to take over a leading Serbian mobile services firm.The Serbian government – which holds 80 per cent in Telekom Srbija – said yesterday (Tues) it decided to give TA the chance to increase their takeover bid until 3 May.The Viennese telecommunications provider […]

Recycling-endorsing Austrians claim clean record

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Lifestyle

A vast majority of Austrians claim to engage in recycling their garbage, it was revealed today (Tues).A study carried out by the European Commission (EC) shows that 97 per cent of Austrians say they recycle some of their household waste. This share helps Austria to a joint first place among the 27 member states of […]

PMI tops Austrian tobacco sale chart

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Business

Philip Morris International (PMI) is the new number one on the Austrian tobacco products market, as figures presented today (Fri) show.Research group AC Nielsen said the American company held a 35.5 per cent share in Austria, while 34.5 per cent of cigarettes sold in the country in 2010 were products of Japan Tobacco International (JTI). […]

Spar Austria achieves market share increase

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Business

Spar Austria has announced that it has managed to increase its market share.The Salzburg-based firm said today (Thurs) that its share in the Austrian supermarket business rose by one per cent to 29.5 per cent last year thanks to a 4.5 per cent turnover jump to 5.15 billion Euros.Spar Austria is the second-biggest foodstuff shop […]

Most male singles seek relationships, survey shows

Categories
Lifestyle

More than two thirds of single Austrian men would like to be in a relationship, a poll has shown.IFES said today (Weds) it interviewed more than 1,000 Austrian men and woman to find that 69 per cent of single men would prefer to have a partner. The agency added that only 60 per cent of […]

RBI ‘eyes Polbank stake’

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Finance

Raiffeisen Bank International (RBI) is considering taking a stake in a Polish bank, it has been claimed.Business newspapers report today (Weds) that bosses of the Austrian institute, which handles Raiffeisenzentralbank’s (RZB) operations in Central and Eastern Europe (CEE), are negotiating placing an offer for a stake in Polbank EFG.RBI refused to comment the reports, while […]

Greek challenge hits TA’s Serb bid

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Business

Telekom Austria’s (TA) efforts to acquire a majority of Serbia’s state-owned telecommunications company have suffered a significant throwback.The country’s federal Minister of Telecommunications and Information Society Jasna Matic confirmed reports that the government has been in talks with Greek firm OTE over the purchase of a 20 per cent share in Telekom Srbija.TA was being […]

Majority approve debate following Sarrazin’s claims

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Politics

A majority of Austrians regard Thilo Sarrazin’s controversial ideas a “justified approach” to re-discuss integration issues, a poll has shown.Viennese researchers Karmasin found 51 per cent of Austrians said the outgoing Deutsche Bundesbank executive board member’s statements were a good starting point to kick off a discussion about Austrian immigration and integration issues. Only 39 […]

XXXLutz in €200mn Lesnina deal

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Business

Austrian furniture megastore chain XXXLutz has coughed up around 200 million Euros to snatch up a Slovenian competitor, it has been claimed.Business dailies report today (Thurs) that XXXLutz – which has around 17,000 employees – transferred between 150 and 200 million Euros to Lesnina owners to take over the company in full.Bosses at the company […]

Bosnia-Herzegovina tops BBQ coal import ranking

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Business

Bosnia-Herzegovina is the number one exporter of barbeque coal to Austria, it has been reported.Statistik Austria said today (Tues) Austrian firms ordered most BBQ coals from the country, followed by Serbia and Germany last year.The state agency added coal imported from Bosnia-Herzegovina and Serbia was worth an overall two million Euro.Other countries only have a […]