Siemens AG boss Peter Löscher will be awarded WU Manager 2010, Viennas University of Economics and Business (WU) has announced.The university said about the Austrian today (Weds): “Löscher has managed to combine successful long-term management operations with a high level of social competency.”The Villach-born businessman, who has headed the German IT company for three years, […]
Wienerberger AG, the worlds biggest producer of bricks, said today (Weds) it suffered losses of more than 13 million Euros in the first nine months of this year.The Vienna-based company announced losses of 13.5 million Euros between January and September 2010 following losses of 198.2 million Euros in the same period of the previous year.Its […]
Austrian Airlines (AUA) co-chief Andreas Bierwirth has launched a scathing attack on Vienna International Airport (VIA).Bierwirth said today (Weds) “certain aspects” of the airport were “abysmal”.”Passengers experience the airport as part of our own services,” he explained.Asked what he was especially unhappy about, the businessman mentioned advertisement posters for brothels in VIAs arrival area. Bierwirth […]
Vienna is set for a strong increase of tourists from debt-ridden Spain, according to new research.The Vienna Tourism Indicator (VTI), which checks various tourism statistics, shows that the number of people from Spain visiting the Austrian capital will rise dramatically. The southern country currently has the highest unemployment rate among the European Unions (EU) 16 […]
Ball guests expenditures will pour more than 70 million Euros into the Viennese economy this winter, according to research.The citys Economy Chamber (WKW) said today (Mon) ball guests spending on tickets, taxi rides and visits to the hairdresser will help the citys businesses to around 74 million Euros in the upcoming ball season.WKW said it […]
Red Bull Racings profits before taxes were up more than six-fold year on year in 2009, according to British media.The Daily Telegraph reports today (Mon) that the British Formula One (F1) team which is financed by Austrian energy drinks producer Red Bull increased to 4.6 million Euros from 2008 to 2009.The newspaper also […]
Turnover of Austrias productive sector improved by more than seven per cent year on year in July, it has been reported.Statistik Austria said today (Fri) the companies in the countrys industrial and construction branch rose by 7.7 per cent to 19.3 billion Euros.The sectors metal production department did best. The sectors monthly turnover soared by […]
Almost half of young Austrians applying to become police officers in Vienna fail the mandatory fitness test, it has emerged.Vienna police said today (Fri) around four out of 10 applicants did not pass the fitness check, and that the basic German skills test was also a stumbling block for many wannabe police officers.The Organisation for […]
Carinthian machine and packaging manufacturer Hirsch Servo AG managed to reduce its losses in the past business year.The company said today (Fri) it suffered net losses of 6.2 million Euros in the 2009/2010 business year, down by 4.5 million Euros year on year.Hirsch Servo, which managed to keep its turnover stable at around 86 million […]
Austria has failed to retain its position as the Eurozones jobless rate model pupil, it emerged today (Fri).Figures presented by Eurostat, the European Commissions (EC) statistics agency, show that 4.5 per cent of people living in Austria had no job last month (August 2010: 4.3 per cent). The Netherlands, which took second place in August, […]