One in three use online banking

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Business

Around one third of Austrians are using internet banking services, according to a report.The Romanian Times writes today (Fri) that 34 per cent of the country’s citizens carry out their banking business online. The online newspaper reports that a GfK survey has shown that 42 per cent of Czechs use internet banking, while just four […]

Aston Martin Rapide production to move to UK

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Business

The first ever Aston Martin manufactured outside Great Britain will be produced at the carmaker’s headquarter facility from next year, it has emerged.The British company announced yesterday (Tues) it decided not to continue the cooperation with Austrian-Canadian company Magna International (Magna). The firm – which was founded by Austrian businessman Frank Stronach in the 1950s […]

Strabag bags record order in Romania

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Business

Strabag SE has said it hopes to win more Romanian roadwork assignments after being engaged to build a motorway for more than 160 million Euros.The Viennese company announced today (Weds) it saw good chances to get further orders in the Eastern European (EE) country after agreeing about the construction of a 24-kilometre (km) stretch in […]

Air Berlin passenger figures up

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Business

FlyNiki partner Air Berlin had around six per cent more customers in the first five months of this year than in the same period of 2010.The carrier – which has been cooperating with Vienna-based FlyNiki since 2004 – said yesterday (Mon) it recorded 12.95 passengers between January and May 2011. Air Berlin said this was […]

Bures rejects ÖBB sale suggestion

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Business

Social Democratic (SPÖ) Infrastructure Minister Doris Bures has labelled a debate over whether Federal Railways (ÖBB) should be privatised as “superfluous.”New People’s Party (ÖVP) Finance Minister Maria Fekter hit the headlines at the weekend by announcing she could imagine selling ÖBB to reduce the soaring state debt.Fekter said she “would have no problem” with privatising […]

More holidays appeal falls on deaf ears at WKO

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Business

A works council chief has caused a stir by calling for more vacation days for Austrians.Wolfgang Katzian, head of the labour union of private employees GPA-djp, said today (Tues) Austrians deserved an additional week off each year. The Social Democratic (SPÖ) member of the federal parliament argued such a move would mean a win-win situation […]

Hail causes €3mn havoc

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Business

Thousands of hectares of agricultural land have been devastated by thunderstorms.Powerful thunderstorms and hail wrecked crops of around 7,000 hectares of land in Vienna, Lower Austria, Upper Austria and Burgenland at the weekend, the Austrian Hail Insurance Association said today (Mon). Hundreds of firemen had to pump water from flooded cellars and homes.The insurer explained […]

AUA pilots angered by €3mn bonus payments

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Business

Austrian Airlines (AUA) works council chiefs are up in arms over revelations that the debt-stricken carrier forked out bonuses of three million Euros last year.Pilot council representatives said today (Fri) decision-makers were threatening their future and the fate of the whole company when they were informed that 150 managers received bonuses of three million Euros […]

Romania popular among Austrian tourists

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Business

Nearly five per cent of people travelling to Romania are Austrians, new figures show.The National Statistics Institute (INS) announced today (Fri) that 4.8 per cent of all holidaymakers who chose Romania in April came from Austria. The agency added that, with 61.7 per cent, a majority of tourists were European Union (EU) citizens.Hungarians take the […]

Raiffeisen job for ex-vice chancellor

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Business

Former People’s Party (ÖVP) boss Josef Pröll is to head an internationally operating agricultural company.The Lower Austrian-Viennese branch of Raiffeisen – Austria’s biggest private employer – announced yesterday (Weds) that the ex-finance minister will take over at its affiliate Leipnik-Lundenburger Invest Beteiligungs AG (LLI) next month. Pröll agreed with supervisory board officials on a five-year […]