Baumax presents ambitious expansion plans

Categories
Business

Tool store chain Baumax has revealed it plans to set up 30 new stores in Turkey.The company – which opened its third shop in the Eurasian country in the city of Izmir today (Weds) – explained it could imagine opening around 30 representations in the long run. Baumax, which is based in Klosterneuburg near Vienna, […]

Austria among safest states in the world

Categories
Lifestyle

Austria has retained its reputation for being one of the most secure places on earth despite being knocked down two spots in the United Nations’ (UN) Global Peace Index (GPI) 2011.The UN announced yesterday (Thurs) it considered Austria as the sixth-safest country in the world.The organisation investigated 153 nations on all continents about factors such […]

Business elite’s salaries back at pre-crisis level

Categories
Business

Top-level managers of Austria’s leading companies raked in a fifth more last year than in so-called crisis year 2009.Reports from today (Tues) have it that members of the executive boards of the 20 Austrian firms quoted on the Vienna Stock Exchange (WBAG) earned around 20 per cent more in 2010 than the year before when […]

Tanning shops ignore under-18s ban

Categories
Business

Many tanning salons ignore the law and let minors use their facilities, a new undercover investigation has shown.The Association for Consumer Information (VKI) said today (Thurs) six out of 15 tested solariums in Vienna did not hesitate to let under-aged people on their sun beds.The organisation revealed one shop instantly offered a special rate to […]

Faymann meets Merkel and Socrates

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Politics

Austrian Social Democratic (SPÖ) Chancellor Werner Faymann met political leaders from Germany and Portugal in Berlin today (Weds).Faymann gathered with German Christian Democratic Union (CDU) Chancellor Angela Merkel and Portuguese Socialist Party Prime Minister Jose Socrates in the German capital to speak about topics which will be debated at the upcoming Eurozone meeting.The term Eurozone […]

Cobra to counsel Polish police over Euro2012

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General News

A special Austrian police unit will assist their Polish counterparts in getting ready for a major sports event.Austrian People’s Party (ÖVP) Interior Minister Maria Fekter announced today (Fri) that a team of Cobra unit officers will meet with special police forces in Poland later this year to discuss security measures for next year’s European Football […]

Over 10 per cent of Austrians categorised as poor

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General News

More than one in 10 Austrians are poor or threatened by poverty, according to a study by Eurostat.The European Commission’s (EC) statistics agency announced yesterday (Mon) that 12.4 per cent of people living in Austria earned less than 60 per cent of the national median income of 912 Euros a month for a one-person household. […]

SPD ‘assigns Ederer’

Categories
Business

Siemens manager Brigitte Ederer has been asked to advise the German Social Democrats (SPD) on economic-political issues, it has been claimed.Austrian magazine Format reports today (Fri) that the former Siemens Austria boss agreed to join the SPD’s new economic politics council consisting of around 50 members.German media regard the foundation of the group as an […]

Mayors may slash culture spending, poll shows

Categories
Politics

A vast majority of the mayors of Austria’s debt-ridden towns could imagine cutting back subsidies for cultural events.A poll among Austria’s mayors has found 95 per cent would reduce financial support for local arts and culture events were they forced to slash their annual budget. Magazine profil further reports today (Mon) the OGM research found […]

Anger as Post AG reveals closure details

Categories
Business

Workers’ union officials are expected to turn their guns on Post AG bosses as details of the firm’s controversial austerity plans have emerged.The company – in which the Republic of Austria has a 52.8 per cent stake through state holding company ÖIAG – announced today (Weds) where it planned to shut down post offices.Post AG […]