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 […]
An Austrian company has been contracted to get one of Libyas most ambitious infrastructure projects back on track.Austrian Rail Engineering was assigned by the Libyan government to oversee and manage construction of hundreds of kilometres of motorways and railroads. Work started in 2006 but various problems slowed down its progress recently, according to a report […]
Peoples Party (ÖVP) Economy Minister Reinhold Mitterlehner has said the Austrian economy will prove think tanks wrong by growing stronger than predicted.The Institute for Economic Research (WIFO) and the Institute for Higher Studies (IHS) said earlier this year they expected the countrys economy still considered to be in a fragile condition after the global […]
The Austrian trade industry is showing signs of recovery as exports and imports soared year on year in April.Statistik Austria announced today (Fri) foreign trade businesses reported a 13.6 per cent improvement in export rates last April compared to the same month of 2009. This improvement follows a 9.6 per cent year on year plus […]
Civil servants are satisfied with their jobs, but workers in the retail-trade sector are not, according to the results of a new poll by the Upper Austrian Labour Chamber (AK) released today (Fri).AK said its labour-climate index had fallen to 110 points in early 2010, only two points higher than in autumn 2007. It added […]
The mood among businessmen in Austrias 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 […]