Fireproof products manufacturer RHI AG has said it is optimistic about the coming months despite the setback the firm experienced at the beginning of this year.RHI announced today (Thurs) it achieved a profit of 18.3 million Euros in the first quarter of 2011, down by 14.9 per cent compared to the same period of last […]
Viennese brewery Ottakringer AG achieved a turnover beyond 45 million Euros in the first quarter of this year.The company said today (Thurs) it managed to improve its turnover from 34.39 million Euros between January and March 2010 to 45.45 million Euros in the same time span of 2011. However, Ottakringer pointed out that its turnover […]
Austrias busiest aerodrome has experienced an immense passenger increase.Flughafen Wien AG (FW), the listed company managing Vienna International Airport (VIA or VIE), said today (Thurs) there were 1.726 million customers at the airport last month, up by 23.6 per cent compared to April 2010.FW pointed out that VIA was – as many other airports in […]
An increasing number of Austrians is opting for high-performance cars despite climbing fuel prices.The Austrian Traffic Club (VCÖ) announced today (Weds) that 31 per cent more sport utility vehicles (SUVs) were sold so far this year than in the same time span of 2010. The organisation added that car dealers look back on a 40 […]
Tens of thousands of Vienna’s residents are cycling to work every day, according to a traffic research organisation.The Austrian Traffic Club (VCÖ) announced today (Weds) that 34,000 of the citys overall 1.7 million residents use their bikes to get to their workplaces.Now the capitals coalition of Social Democrats (SPÖ) and the Green Party presented an […]
Top-level managers of Austrias 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 […]
Austrian Airlines (AUA) has failed to find the runway to recovery, latest business performance figures show.The airline sustained a loss of 63.5 million Euros in the first three months of this year, only down slightly compared to the same period of last year (64.7 million Euros).The carrier, which has its headquarters in Vienna, had an […]
Tchibo-Eduscho, a leading coffee shop company, is making half of its profit with non-food goods, it has been revealed.The German-Austrian company which runs 140 shops in Austria said today (Fri) half of its overall turnover is generated by sales of jewellery, household products and clothes it is offering for limited time spans throughout […]
Austrian airports registered significantly more passengers last year.Figures presented by Statistik Austria show that planes departing and arriving at aerodromes across the country recorded 24.5 million passengers in 2010, up by 7.9 per cent compared to the previous year. The agency pointed out that this increase was achieved despite delays and preliminary air traffic shutdowns […]
Construction sector giant Porr AGs earnings shrank by more than a fifth last year.The company announced today (Fri) that it achieved earnings before interest and taxes (Ebit) of 49.1 million Euros in 2010, down from 64 million Euros the year before.Porr argued that it has been feeling the most recent recession which broke out […]