The newspaper “Kurier” reported that the coalition of SPÖ and the Green Party in Vienna have decided to introduce a new free 15-minute parking ticket. It will be issued starting in September. Traffic councilor and vice mayor Maria Vassilakou (Green Party) kept her promise to examine the proposal of the driver’s clubs ÖAMTC and ARBÖ. […]
Tag: value
UniCredit losses put BA under pressure
Categories
Bank Austria (BA) chief Willibald Cernko has said he plans to reduce the financial institute’s workforce level to get through the crisis. The banker announced yesterday (Mon) BA would have only 10,000 employees in Austria in 2015, 800 fewer than it had at the moment. Cernko underlined that sackings were not planned. He explained some […]
Export economy is back on track
Categories
The Austrian import and export industry is nearing pre-crisis levels, figures presented today (Fri) confirm. Federal statistics organisation Statistik Austria announced that firms based in the country exported products worth 109.37 billion Euros in 2010, up by 16.7 per cent compared to 2009. The value of exports dropped by nearly 19 per cent from 2008 […]
Semperit share value drives upwards
Categories
Semperit AG Holding (Semperit) shares soared in value today (Tues).As of 2pm, one stock in the rubber and synthetics industry company was traded at 40.81 Euros, up by 1.56 per cent. Semperit is based in Vienna and part of the German Continental AG group, a leading producer of tyres.Vienna-based fireproof products maker RHI AG also […]
A tradition-rich charity has invested hundreds of thousands of Euros into risky real estate shares.The Catholic diocese of Linz spent 400,000 Euros of donations in a long-term real estate stock market deal in 2005, magazine profil reveals in its new edition. The money was generated by the Churchs traditional Dreikönigsaktion Sternsinger carol singers initiative in […]
A western Austrian city ended up with losses of 500,000 Euros after spending more than it earned from promoting its attractions following the shooting of some scenes for a James Bond movie.An investigation by the Federal Audit Office (RH) revealed that the Bregenz Tourismus & Stadtmarketing GmbH agency in which the city of Bregenz […]
Construction costs jump
Categories
Road construction costs have soared by more than three per cent.Statistik Austria announced today (Mon) roadwork was 3.6 per cent more expensive last month compared to the same month of last year because of high costs of raw material (month on month rise: 0.3 per cent).The state agency added the costs of bridge building activities […]
A Neusiedl am See resident is accused of having dealt drugs worth almost one million Euros.Police in the province of Burgenland said today (Fri) that the 31-year-old man was put in custody yesterday. He is suspected of having started the illegal activities at age 15.Officials said the street sale value of the substances the suspect […]
German 20mn order for A-TEC Industries
Categories
A-TEC Industries has been ordered to deliver devices for a new power plant in Germany.The Vienna-based firm said today (Fri) its subsidiary AE&E will produce and deliver three waste heat boilers worth more than 20 million Euros to the combined cycle power plant in Stade, Lower Saxony.A-TEC Industries, which is headed by Viennese investor Mirko […]
Red Bull has retained its title as Austrias most valuable brand in the world.The Salzburg-based energy drinks producer ranks 82nd in international market research agency Millward Browns study of the most powerful companies in the world.Internet giant Google tops the top 100 with an estimated value of 86 billion Euros followed by IT firms IBM […]