Peoples Party (ÖVP) Economy Minister Reinhold Mitterlehner claimed Austria was “positioned to achieve sustainable growth” as the Organisation for Economic Co-operation and Development (OECD) predicted a bright future was ahead for the countrys economy.The body announced today (Weds) it expected Austrias economy to grow by 1.4 per cent year on year in 2010. Its most […]
Tag: year
Strabag to team up with cement top dog
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Strabag boss Hans Peter Haselsteiner said today (Weds) his company wanted to protect itself from volatile cement market prices as the firm is set to cooperate with the cement productions world market leader.Haselsteiner and Bruno Lafont, head of French firm Lafarge, announced yesterday the companies joint venture will start doing business by the beginning of […]
Spice producer Wiberg had a record turnover last year despite reducing the number of staff, it was announced today (Weds).The Salzburg firm said it managed to increase its annual turnover by two million Euros year on year to 122 million Euros despite the ongoing economic crisis in 2009. The number of employees meanwhile declined from […]
Joe Satriani to rock Vienna
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American rock guitarist Joe Satriani is to perform in Vienna later this year.The 53-year-old is lined up to rock the stage at the Gasometer on 9 November, according to a report by music newspaper Britishrock.cc.Satriani has released 12 studio albums since 1986. With 15 nominations to date, he is also known for having been nominated […]
Vice champions Austria Vienna said today (Fri) they had agreed with striker Marko Stankovic on a two-year deal.The 24-year-old Austrian joins the side coached by Karl Daxbacher from Italian Serie B club US Triestina.Stankovic, who performed for the Austrian national team once in a friendly against Turkey in November 2008 (2-4), played for Bundesliga club […]
Plurality says no to holidays this year
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Forty-one per cent of Austrians will not go on holiday this year, according to the results of a new poll by Linz public-opinion research firm IMAS released today (Tues).Six per cent said they had already been on holiday, seven per cent said they had already taken part of their planned holiday, and 46 per cent […]
A number of Vienna cultural locales were flooded or otherwise disrupted by yesterdays (Thurs) heavy rain.Water was ankle-deep in five of the seven cinemas at Lugner City, and one of them had to be evacuated during a film showing and the buildings lowest floor had to be closed. Theatre manager Alexander Fischbacher said it was […]
Central and Eastern European (CEE) economies in trouble and expensive hazelnuts are hurting Viennese sweets producer Manner financially.The firm reported today (Weds) that its turnover declined by 6.7 per cent year on year to 35.8 million Euros in the first quarter of 2010. Turnover declined substantially in Slovenia, Hungary and Croatia and also fell in […]
Austrian exports rose in February
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Austrian exports rose in February by 5.5 per cent year on year to 7.82 million Euros, according to Statistik Austria.The agency added today (Fri) that imports had grown by 3.4 per cent year on year to 8.08 billion Euros in February. Both exports and imports had declined year on year in January.For the two months […]
Austrian business chiefs earned almost 500,000 Euros in so-called crisis year 2009, research shows.The research by Viennese consulting firm Kienbaum presented today (Thurs) shows that heads of Austrian firms cashed in an average 468,000 Euros before tax last year.Kienbaum experts said Austria lies above the European average, adding that comparable figures for the previous year […]