Austrians took the train less often last year, new figures reveal. The Austrian Traffic Club (VCÖ) announced today (Fri) that residents of the Alpine country covered 1,270 kilometres (km) by train in 2010, down from 1,297 km in the year before. This figure puts Austrians into a leading position in Europe. Only people living in […]
Turkish construction company Renaissance has increased its interest in Austria’s third-biggest building company. Porr AG announced today (Thurs) that its cooperation partner acquired an additional 5,700 shares. This purchase means Renaissance now holds 10.07 per cent in the Vienna-based company. Construction businessman Karl Heinz Strauss – who succeeded Wolfgang Hesoun as executive chief of Porr […]
An energy sector expert has warned that electricity prices will climb further. The Austrian Energy Agency said today (Thurs) its price index for next month was 7.6 per cent higher than figures of July 2010. It added that the index rose from June 2011 to July of the same year by 1.7 per cent. These […]
Flight tickets, coffee and heating oil have become more expensive in Austria, new figures show. Statistik Austria announced today (Thurs) the inflation rose by 3.2 per cent from May 2010 to the same month of this year. The agency explained mineral oil products and foodstuff price hikes were mostly responsible for the overall increase of […]
Austria’s leading supermarket chains have reduced the number of their shops in the past years, a survey has found. Market analysis company RegioData said today (Thurs) the country’s strongest supermarket companies currently run 5,000 shops, down from 5,700 in 2004. The agency explained market leader Billa, Spar Austria and other firms were trying to optimise […]
New figures debunk myths that businesspeople in Vienna are in midlife crises.The citys Economy Chamber (WKW) said today (Weds) that, with 21 per cent, more than one out of five people were aged 45 and older when they decided to set up their own companies last year. The organisation explained that the share of those […]
Vienna International Airport (VIA or VIE) registered over six per cent more passengers last month than in May 2010, it was announced today (Weds).The aerodrome Austrias busiest airport and a key air traffic gateway to destinations in Eastern Europe (EE) counted 1.905 million customers in May 2010, up by 6.5 per cent compared […]
Tool store chain Baumax has revealed it plans to set up 30 new stores in Turkey.The company which opened its third shop in the Eurasian country in the city of Izmir today (Weds) explained it could imagine opening around 30 representations in the long run. Baumax, which is based in Klosterneuburg near Vienna, […]
The number of diesel-powered cars is on the rise in Austria despite a sharp increase in fuel prices.One litre of diesel costs around as much as the same amount of regular petrol at service stations in Austria at the moment. Some petrol stations even charge a few Eurocents more for diesel which used to be […]
A Polish travel company has revealed plans to offer cut-price coach trips to Austria.PolskiBus announced it will launch a new budget travelling programme connecting 16 cities within the country later this month. The company added that it aimed at expanding the service across the continent. Polish newspapers report today (Fri) that Austrian capital Vienna, the […]