GM to invest €50mn in Vienna

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Business

Fifty million Euros will be invested in General Motors’ (GM) Powertrain factory in Vienna next year, it has emerged. Michael Lewald, who has managed the facility since August, told the Kurier today (Weds) the plan was to spend 50 million Euros in investments in 2012 after 70 million Euros this year. “I will ensure that […]

WKO boss wants price freeze

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Business

Federal Economy Chamber (WKO) President Christoph Leitl has called on the state and Austria’s nine provinces to abstain from raising fees in 2012. Leitl told the Kurier today (Weds) cities and communities should not introduce higher prices for services such as water disposal and the provision of gas. The WKO chief argued yesterday’s metal industry […]

Metal industry labour dispute settled

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Business

Around 165,000 Austrian metal industry workers will earn 4.2 per cent more from next month. Unionists and company representatives agreed about stronger increases of low salaries and one-off payments to employees of the sector in a 14-hour discussion at the headquarters of the Federal Economy Chamber (WKO) in Vienna which ended at 4am this morning […]

Heuriger open for business again

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Travel

Famous as the big wheel, Schönbrunn Palace or the Vienna Boys Choir are the real Viennese Heuriger or wine taverns which sell their own year’s wine and small cold and hot dishes in Vienna, the only capital city in Europe that has vineyards within its city borders. Heurig means “this year’s” as an adjective, so […]

Vienna Greens slash ÖVP festival’s budget

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Politics

The Viennese People’s Party (ÖVP) is infuriated after the city government decided to slash the budget of a cultural event it has been hosting for years. The Stadtfest is a tradition-rich series of concerts, performances and readings taking place in the city centre of Vienna. It is organised by the ÖVP. The conservative party formed […]

Marach and Qureshi win Bangkok doubles

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Sports

Oliver Marach has celebrated his 11th ATP doubles tournament career title. The 31-year-old Styrian and his Pakistani partner Aisam-ul-Haq Qureshi beat German duo Michael Kohlmann / Alexander Waske in a thriller in the final of the ATP hard court event in Bangkok, the federal capital of Thailand, yesterday (Sun). Marach and Qureshi had to go […]

New AUA boss warns rivals

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Business

The new Austrian Airlines (AUA) board chief has revealed plans to “create new alliances”. Jan Albrecht – who was elected by the supervisory board of AUA and its parent firm, Germany’s Lufthansa, yesterday (Thurs) – said he saw “a good opportunity” to approach the new heads of Flughafen Wien AG (FW) about how to cooperate […]

Russian overnight stay rise results in Viennese record

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Business

More interest by Russians and Swiss have helped the Viennese tourism sector to celebrate a new record. The city’s hotels counted 1.185 million overnight stays last month. Officials pointed out yesterday (Weds) Vienna had never recorded more stays by tourists in that month ever before. Thirty per cent more overnight stays by Russians and a […]

Anger as UPC considers sackings

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Business

Employee representatives are outraged as a cable TV and internet connection provider registered 90 workers with the Labour Market Service (AMS). Vienna-based UPC confirmed yesterday (Weds) that the staff could be dismissed. The firm argued it was in the middle of a “phase of restructuring”. UPC currently employs 1,000 staff, down from 1,100 last year. […]

Chinese spending spree delights retail trade

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Business

Chinese tourists have spent 41 per cent more in Austrian shops so far this year than in 2010, according to research. Travel and shopping information firm Global Blue Austria said yesterday (Weds) holidaymakers from China invested 28 million Euros in stores of the alpine country. Especially expensive watches and jewellery were in great demand, according […]