Vienna hotel prices drop

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Business

Vienna hotel room prices have declined dramatically, new figures show.International hotel comparison platform Trivago said today (Tues) the average price for a standard double room in the Austrian capital dropped by 17 per cent to 108 Euros per night this month compared to June 2010.Viennese hotel rooms however remain more expensive than the European average […]

Many hotel bosses expect summer overnights increase

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Business

The Austrian tourism industry is in an optimistic mood as more than four in ten hotel managers expect more overnights this summer.Thomas Reisenzahn, general secretary of Austrian Hotel Industry Association (ÖHV), said today (Thurs) 41 per cent of hoteliers are braced for more guests this season compared to last summer.He stressed only 13 per cent […]

David Cronenberg wants Sigmund Freud movie extras

Categories
Culture

David Cronenberg has appealed to Austrians with acting ambitions to step forward as he seeks extras for his new film about legendary Austrian neurologist Sigmund Freud.Austrocast agency bosses said today (Thurs) the award-winning Canadian director needed long-haired women, full-bearded men and girls aged between six and 14 to act as extras in upcoming film “A […]

Soaring interest in safe investments sends up flat prices

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Business

Flat prices jumped in “crisis year” 2009 as many see condominiums as a safe haven for their money, according to a business expert.Thomas Malloth, head of the Federal Economic Chamber’s (WKO) real estate department said today (Weds) the value of owner-occupied flats rose by 3.5 per cent from 2008 to 2009.”Strong demand, especially in conglomerations, […]

Supermarket chain launches hydro power cooperation

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Business

Customers of an Austrian supermarket chain will be able to order hydro energy supply while buying their foodstuff.Bosses at Merkur said today (Tues) shoppers would be offered contracts with Styrian provider Unsere Wasserkraft, a subsidiary of Energie Steiermark, at its shops as of now.Merkur is part of the German Rewe Group which also includes market-leading […]

Number of Austrian fatalities abroad on the rise

Categories
General News

The number of Austrians dying abroad soared in 2009, it has been announced.Peter Launsky-Tieffenthal said today (Tues) 1,071 Austrian citizens died while abroad last year, up by around 10 per cent compared to 2008.”The number of Austrians who died in other countries was 959 in 2008,” the spokesman for the foreign affairs ministry said. He […]

Vast majority back tax on assets, poll shows

Categories
Politics

More than seven in ten are in support of the introduction of a tax on assets, a new study has found.Public opinion research agency Karmasin has found that 72 per cent of Austrians backed the possible new tax, while only 18 per cent rate the suggestion a “bad idea”.This result – revealed by a poll […]

Kapsch TrafficCom earnings jump

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Business

Austrian IT firm Kapsch TrafficCom AG has reported a rise in earnings.The road toll specialist said today (Fri) net earnings soared from 16.4 million Euros to 36.5 million Euros year on year in the 2009/2010 business year.The company – which is listed on the Vienna Stock Exchange (WBAG) – also said turnover improved by eight […]

US Ambassador makes investment appeal

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Business

The US Ambassador to Vienna has encouraged Austrian firms to invest in the USA.William C. Eacho said at a Vienna business event hosted by the Austrian Economy Chamber’s (WKO) Foreign Trade Department (AWO) yesterday (Thurs) that the US economy would continue to recover.”(US President Barack) Obama’s long-term reforms will bring the country back on track […]

Austrian textiles industry stitches its wounds

Categories
Business

The Austrian textiles industry is hoping for better times ahead after registering a dramatic decline in turnover last year.Official figures presented today (Fri) show the industry was confronted with a 20 per cent year on year drop in turnover in 2009 to 2.05 billion Euros. Statistics also show that the number of staff employed in […]