Viennese study shows Brit bosses earned the most in 2009

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Business

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 […]

FlyNiki ally Air Berlin’s April figures grounded by ash cloud

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Business

The cancellation of 3,500 flights due to the Europe-wide air traffic shutdown slashed passenger figures of FlyNiki’s partner Air Berlin last month.The Berlin-based firm, which has a 49.9 per cent interest in Niki Lauda’s company, said today (Thurs) year on year passenger figures plummeted by 16.5 per cent to 2,065 million in April.Air Berlin said […]

Tichy reveals new summer ice creams

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Lifestyle

Legendary Viennese ice cream parlour Tichy has presented caramel-whisky and chocolate mousse with oranges as its two new varieties for this summer.The company – which was founded in 1952 and relocated to Favoriten district’s Reumann Square three years later – is year for year competing with several Italian firms for the unofficial title of the […]

Unpaid overtime prevents creation of 60,000 new jobs

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Business

Austrians did more than 300 million hours of overtime last year, labour market experts have said.Upper Austrian Labour Chamber (AKOÖ) president Johann Kalliauer said today (Thurs) that around a third of the 314 million overtime hours was unpaid work.He further added that the creation of approximately 60,000 new full-time positions was hindered by the massive […]

Fairtrade Austria hopes for 2010 two-digit turnover rise

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Business

Austrians spent more on Fairtrade products year on year in 2009 and bosses expect another two-digit rise this year.Fairtrade Austria chief Hartwig Kirner said today (Weds) Austrian supermarkets made 72 million Euros with products of the international certification’s range last year, 10.8 per cent more than in 2008.”We expect another double-digit increase in turnover this […]

Schwarzenegger revealed as fan of Soviet leaders’ busts

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Lifestyle

A Russian bronze caster has exposed Arnold Schwarzenegger’s soft spot for sculptures of Soviet and Russian leaders.St. Petersburg-based artist Aleksandr Chernoshchekov said he got the chance to work for the Californian governor.”Schwarzenegger is very popular in Russia. Many kids don’t know the US President’s name, but they for sure know Schwarzenegger. I felt the same, […]

EC says Austrian economy will rise above EU average

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Business

The European Commission (EC) said Austria’s economy is to grow stronger than it had expected half a year ago.EC officials forecasted a 1.3 per cent year on year rise today (Weds) after giving a 1.1 per cent growth prediction last December.The new prediction matches the forecasts of Austria’s two leading think tanks.The Institute for Higher […]

TA reveals electric cars charging station concept

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Business

Austrian communications provider Telekom Austria (TA) is to launch a prototype phone booth with an integrated charging station for electric cars, company bosses announced today (Tues).Charging stations will offer the possibility to pay via mobile phone using text messages, the “Paybox” system or a RFID (Radio Frequency Identification) card with a RFID chip.TA currently operates […]

Car registration numbers down year on year

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Business

The number of car registrations dropped sharply last month, it has been announced.State agency Statistik Austria said today (Mon) 31,807 newly registered cars in April meant an 11.4 per cent year on year decline.The 107,745 cars registered between January and April 2010 however meant a 7.5 per cent increase compared to the same time span […]

ÖBB brushes out red ink in 2009

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Business

Austrian Federal Railways (ÖBB) is back in the black after ending a controversial speculative deal with Germany’s Deutsche Bahn (DB).ÖBB said today (Mon) its operating profit had been 121 million Euros in 2009 after it had had 970 million Euros in losses in the previous year.The company however lost 300 million Euros in a speculative […]