AUA: 35 Million Euro loss

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Business

Austrian Airlines (AUA) made a loss of 35 million Euro in the first half of this year (2013) despite making a profit in the second quarter. The operating profit of 21 million Euro in the second quarter was not enough to balance out the 35 million Euro loss in the first quarter. Thus making a […]

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¬ís 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 […]