Bread price hike ahead

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Business

Customers must brace for higher bread and pastry prices, bakers have warned.The Salzburg Bakers’ Association announced today (Tues) that a “disastrous” harvest has led to an immense increase of flour trade rates.The body also named global speculators as responsible for a 300 per cent price hike for cocoa and a 70 to 80 per cent […]

Another blow for Linz as Lufthansa scraps Munich route

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Business

Provincial political leaders are set to turn their guns on Lufthansa following revelations that the aviation firm is to axe its Linz – Munich service.Local newspaper Oberösterreichische Nachrichten reports today (Tues) that the German company will stop offering flights between Blue Danube Airport in Linz, Upper Austria, and the German city of Munich as of […]

SBO snatches Dubai firm

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Business

Oil industry equipment maker Schoeller-Bleckmann Oilfield Equipment AG (SBO) has taken over an Arabian rival, it has been announced.The global market leader, which is headquartered in Ternitz, said today (Mon) it had acquired a 100 per cent interest in Dubai-based Drilling Systems International Ltd. (DSI). A takeover price was not disclosed by the Lower Austrian […]

Doppelmayr bags record order

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Business

Austrian lift systems producer Doppelmayr has received the biggest assignment in its 118-year history.The Wolfurt-based company said today (Mon) its US American subsidiary DCC Doppelmayr Cable Car (DCC) was part of a consortium contracted to build a cable liner in the Californian city of Oakland.Doppelmayr said work would be completed in 2014, adding that the […]

New 24-hour weekend U-Bahn costs more than €10mn

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General News

More than 10 million Euros of taxpayers’ money is being used to finance Vienna’s new 24-hour U-Bahn weekend service, it has been announced.Public transport agency Wiener Linien said today (Mon) the service – which went into operation four weeks ago – cost an overall 10.7 million Euros a year. It explained the new around the […]

Pühringer angered as ÖBB set to cut Linz – Graz route

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Business

The political pressure on Federal Railways (ÖBB) is rising following the firm’s announcement to axe a direct connection between the second- and third-biggest cities in the country.ÖBB said last week it would stop running a direct high-speed Intercity connection between the Upper Austrian city of Linz and Graz in the province of Styria after reorganisation […]

Top congress popularity poll result as Vienna vote nears

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Politics

The Viennese Social Democrats’ (SPÖ) bid to retain their absolute majority in Sunday’s provincial election has received a boost as the city has been found the most popular congress destination in the world.The International Congress and Convention Association (ICCA) announced today (Mon) Vienna topped the ranking – for which participators of conferences all over the […]

Award-winning dog bites Vienna police chief

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General News

Vienna police chief Karl Mahrer’s streak of bad luck continues as he was bitten by an award-winning dog last night (Thurs).Mahrer decorated German shepherd Verdi with a special medal for sniffing out a stolen suitcase containing 183,000 Euros earlier this year.But as soon as he was led to the podium by police woman Sabine Empacher, […]

Austrian jobless rate still lowest in EU

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Business

Austria has retained its title of being the European Union’s (EU) jobless rate model pupil.The European Commission’s (EC) statistics body Eurostat found that Austria still had the lowest unemployment rate among the EU-27 with 4.3 per cent, followed by the Netherlands where 4.5 per cent of residents were out of work in August.The agency also […]

Wolford snares ex-Hugo Boss CEO

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Business

Former Hugo Boss chairman Werner Baldessarini has joined the supervisory board of an Austrian textiles firm, it emerged today (Thurs).Bregenz-based textiles and tights manufacturer Wolford said the Tyrolean has been assigned to help in positioning the company and its products.Baldessarini headed the executive board of German fashion giant Hugo Boss until 2002 before spending three […]