Internationally operating technology group HTI High Tech Industries AG (HTI) managed to reduce its losses as the firm gets ready to enter the Vienna Stock Exchanges (WBAG) Prime Market.The Linz-based company is currently quoted on the WBAGs Mid Market. Its stocks will be traded on the Prime Market of the WBAG on 1 May. One […]
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Tanning shops ignore under-18s ban
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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 […]
Booming Poland boosts Strabag
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Strabag SE has said it is “cautiously optimistic” for the remainder of this year due to a “construction boom” in Poland.The Vienna-based company Austrias leading building firm announced today (Thurs) it expected to benefit from the strong economy in Poland and positive developments in Germany.Strabag explained it experienced a strong increase of assignments […]
Caravan thieves nabbed in Poland
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Three men suspected of being behind a break-in spree in Austria have been arrested in Poland.Investigators in Austria assume that the Poles stole six caravans, two cars, a motorcycle, a truck and a minivan from two company estates in the Lower Austrian districts of Neunkirchen and Gänserndorf in 2009 and 2010. The loot is worth […]
Car expenses outpace food spending
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Austrians are forking out more on their cars than on food, new figures show.Statistik Austria said today (Weds) that 12.1 per cent of an average households overall expenditure were invested in foodstuff, while 15 per cent are soaked up by costs affecting cars and motorcycles. With 12.8 per cent, investments on leisure activities are also […]
VIA shattered by Arab unrest
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Vienna International Airports (VIA or VIE) performance has been affected by the uprisings in North Africa and the Arabian region.Flughafen Wien AG, the company managing Austrias busiest aerodrome, said today (Tues) the number of passengers to destinations in the Far and Middle East edged down by 0.5 per cent last month compared to March 2010 […]
Fischbacher gets Salzburg gong
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Olympic champion Andrea Fischbacher has been awarded Salzburgs Sportswoman of 2010 award.The skier who claimed the gold medal in the Super-G competition of last years Vancouver Olympic Games was honoured in a ceremony attended by hundreds of fans, businesspeople, politicians and artists at Salzburg Airport yesterday evening (Thurs). She was also awarded the […]
RBI sees 130mn bank tax burden
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Raiffeisen Bank International (RBI) prepares to fork out more than 100 million Euros of extra taxes to the Austrian government this year.The bank which handles the international operations of Raiffeisenzentralbank (RZB) said today (Fri) it expected additional taxes of 130 million Euros in 2011 due to the new Austrian bank solidarity levy. The […]
Food prices soar beyond inflation rate
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Consumer rights watchdogs have called on political decision-makers to take action as food is getting more expensive.Labour Chamber (AK) research focusing on the 41 most common products of daily life shows that Austrians are currently forced to fork out four per cent more for the same goods at supermarkets than in January. Flour price rates […]
Stiegl to go green
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Stiegl has revealed ambitions to become a “sustainable” brewery in the coming years.The Salzburg-based enterprise said today (Thurs) it aimed to use waste materials of its production to generate energy at the facilities. Speaking to the Kurier newspaper, the brewery also presented plans to switch to solar electricity production at the site.Stiegl, which produces around […]