Discount supermarkets in Austria are struggling to increase their market share, it has been reported.Austrian agricultural branch authority Agrarmarkt Austria (AMA) announced today (Weds) Hofer and Lidl had an overall market share of around 20 per cent. AMA explained the chains the two leading low-price foodstuff retailers in the country grew strongly between […]
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The Austrian government has decided to expand a programme making donations to charity organisations tax-deductible.The federal coalition formed by the Social Democrats (SPÖ) and the Peoples Party (ÖVP) announced today (Mon) the model will also consider money given to organisations which run animal shelters, voluntary fire brigades and natural protection groups.The decree, which […]
Vienna police general Karl Mahrer has spoken out against a “multiculti police force” in the city.Referring to projects in Germany, Mahrer said today (Mon): “We dont want a multiculti police force in which groups of police officers of Turkish origin patrol the streets together.”Mahrer added: “Diversity means mixture. We can create a certain mixture by […]
Leder & Schuh turnover rises
Graz-based shoe company Leder & Schuh International AG (Leder & Schuh) has managed a 10 per cent turnover increase.The firm which runs Humanic, Jello and other chains said yesterday (Thurs) it achieved a turnover of 542.8 million Euros last year, up from 496.3 million Euros in 2009.Leder & Schuh has a market share […]
Value of exports and imports up sharply
The Austrian economy is reasserting itself, new figures show.Statistik Austria announced today (Fri) the value of exports carried out by Austrian companies increased by 16.5 per cent to 109.2 billion Euros last year compared to 2009. The state agency however pointed out that 2009 figures had shown a 19 per cent decline compared to 2008.Firms […]
Rising oil price fuels SBO earnings
Oil industry equipment maker Schoeller-Bleckmann Oilfield Equipment AG (SBO) said its earnings improved by almost 75 per cent last year.SBO announced it achieved earnings before interest and taxes (Ebit) of 49.4 million Euros in 2010, up by 74.8 per cent in a year. The Ternitz-based firms turnover rose by 22.3 per cent to 307.7 million […]
Austrian Airlines (AUA) has identified the upheaval in North Africa as the main reason for its recent decline in passenger numbers.AUA said today (Thurs) it registered a total of 649,000 customers last month, down by 1.6 per cent compared to February 2010. The airline said especially the number of tickets sold for flights to destinations […]
Austrian tourism sector less competitive
The Austrian tourism branch has suffered in competitiveness, according to a survey presented today (Tues).The World Economic Forum (WEF) listed Austria in fourth in its latest Global Travel & Tourism Competitiveness Monitor, down two spots compared to the 2009 edition of the study.Switzerland heads the chart which features 219 countries and considers federal tourisms sustainability […]
Fasching fascinates fewer Austrians
Fewer Austrians are celebrating Fasching this year, according to a poll.Linz-based research group Spectra found that 43 per cent of people living in Austria are celebrating the festival known as, Karneval in Germany and Carnival elsewhere this year. Surveys carried out one year ago revealed that two thirds of Austrians were doing so.Spectra said today, […]
Fireproofing products maker RHI AGs earnings before interest and taxes (Ebit) could have been almost 150 per cent higher last year than in 2009, according to analysts.Market experts said today (Fri) that the Vienna-based firm which will present its annual business performance figures next Tuesday may have achieved Ebit of 134.5 million Euros […]