An Austrian delegation has met with Azerbaijani businessmen and the country’s political elite to discuss opportunities to do with the countries economic relationship.Azerbaijani business newspaper Trend reports that a group of entrepreneurs headed by Federation of Austrian Industries (IV) boss Veit Sorger travelled to the Eurasian countrys capital Baku to debate key topics with their […]
Officials have engaged in a bitter war of words after the Federal Economy Chamber (WKO) decided to stop subsidising the Austrian Tourism Marketing (ÖW).WKO said recently it will end its annual eight-million-Euro injection from 2012 and intensify its own tourism marketing initiatives instead. The authority criticised the ÖW for neglecting emerging markets like Brazil, India […]
A right-wing newspaper has expressed concerns over safety on the slopes and wage dumping as more and more ski instructors on pistes in the Austrian Alps are foreigners.The market-leading Kronen Zeitung, which sells almost three million copies a day, cites an unnamed critic, who claims that foreign ski instructors can be found “standing around on […]
Austrian Energy & Environment (AE&E) has filed for bankruptcy just weeks after its owner A-Tec Industries AG (A-Tec) was forced to open insolvency procedures.A-Tec said it failed to find an investor for AE&E, which is its biggest subsidiary. The firm held takeover talks with Styrian company Andritz, Austrian businessman Ronald Pecik and a string of […]
A-Tec Industries AG boss Mirko Kovats will spend his own assets to save his struggling company, according to a report.Business newspaper WirtschaftsBlatt reported today (Weds) that the businessman will contribute a “substantial amount” to get the firm back on track.Kovats sent shock waves through the Austrian economy last week when he informed shareholders that he […]
Salzburg will invest almost four million Euros in tourism marketing initiatives for the upcoming winter season, it has been announced.Leo Bauernberger, head of the provinces tourism board, said today (Tues) almost four million Euros will be spent on various marketing and advertising activities in Austria and abroad as the winter sport season approaches.Salzburgs tourism councillor […]
Hotel prices in Austria have edged up this month, it has been reported.On-line hotel comparison platform Trivago (www.trivago.co.uk/hotelprices) said today (Thurs) a standard double room in Austria cost 115 Euros per night this month, up by three per cent compared to the previous month.This means the price hike which occurred in Austria was less dramatic […]
The Viennese tourism industry seems to be over the worst of the economic downturn as it had its best first six months of the year in history.Vienna tourism chief Norbert Kettner revealed today (Thurs) that 4.8 million overnights occurred between January and June of this year, up by 12.9 per cent year on year and […]
Styria and Burgenland need to raise their efforts in targeting international guests, a tourism expert has warned.Martin Stanits of the Austrian Hoteliers Association (ÖHV) when speaking about the provincial capital of Styria today (Thurs) said: “Tourism in the Graz region is struggling a bit since the city was Europes Capital of Culture in 2003.”Stanits stressed […]
Congress tourism created a net product of more than one billion Euros last year, tourism officials have said.Austria Marketing (ÖW) chief Petra Stolba announced today (Thurs) that around two million overnights throughout the country were made by congress participators in 2009.”Austria is one of the leading nations in the world when it comes to hosting […]