Telekom Austria (TA) may have suffered a decline in earnings before interest, taxes, depreciation and amortisation (Ebitda) and turnover last year, according to leading analysts.Experts of Erste Bank, Bank Austria (BA) owner UniCredit and Raiffeisen Centrobank (RCB) said today (Tues) that they had expected Austrias leading provider of telecommunication services and mobile connections to have […]
Vienna has dropped from second to third place in a ranking of the most liveable cities in the world.The Economist Intelligence Unit (EIU) announced today (Tues) it considered the Canadian city of Vancouver which hosted the 2010 Winter Olympics as the best place to live on the planet for a fifth year in […]
A Lower Austrian farmer has vowed not to pay a fine of 60 Euros after allegedly breaking the speed limit on his tractor.Andreas K. from Schönberg am Kamp told newspapers today (Tues) he received a postal notification saying a vehicle registered under the licence plate of his tractor was caught driving 155 kilometres per […]
New BEWAG boss Michael Gerbavsits has revealed that the sale of B.net has started.BEWAG, the leading energy provider in the eastern province of Burgenland, is expected to end various projects abroad as it prepares to merge with gas provider BEGAS.Now Gerbavsits said he has started examining offers of investors interested in acquiring the firms Croatian […]
Strabag SE chief Hans Peter Haselsteiner is optimistic despite a decline in building activity.Haselsteiner said today (Mon) that his Vienna-based construction company carried out assignments worth 12.78 billion Euros last year, down by 1.9 per cent compared to 2009.He said: “We will be able to increase our performance by five per cent to 13.5 billion […]
Hotels in Linz were identified as the most expensive among Austrias five largest cities.Hotel price comparison platform Trivago (www.trivago.co.uk/hotelprices) found today (Mon) that a standard double room in the Upper Austrian capital currently costs an average 138 Euros significantly more than what hotels in Innsbruck (116 Euros) and Graz (101 Euros) are charging.Hotels in […]
Workers assigned to build Viennas new main train station have discovered a 250-kilo aerial bomb just days after a similar wartime missile was discovered at the building site.Police said tenants had to be evacuated from approximately 100 apartments located near the large construction site after staff came across the bomb this morning (Fri). It took […]
Baumit International managed a year on year turnover increase in 2010.The company, which is based in Waldegg, Lower Austria, said today (Fri) that its turnover soared by 10 million Euros to 790 million Euros in 2010. The construction material firm does business in 29 countries in Central and Eastern Europe (CEE).Baumit International said it recently […]
Würth Austria saw its highest ever turnover in 2010.The company said today (Fri) that it achieved a turnover of 142 million Euros in 2010, up by five per cent year on year the biggest increase since it started doing business in 1962.Würth Austria, which is based in the Lower Austrian town of Böheimkirchen, said […]
Officials at the Institute for Advanced Studies (IHS) said today (Fri) that they were aiming to appoint a successor of current chief Bernhard Felderer this autumn.The think tank revealed that 14 economists and business experts have applied for the post. The deadline for applications was last Tuesday.”A company-internal committee will meet to discuss the applications […]