Ottakringer output stable

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Business

Viennese brewery Ottakringer AG achieved a turnover beyond 45 million Euros in the first quarter of this year.The company said today (Thurs) it managed to improve its turnover from 34.39 million Euros between January and March 2010 to 45.45 million Euros in the same time span of 2011. However, Ottakringer pointed out that its turnover […]

VIA activity shoots up

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Business

Austria’s busiest aerodrome has experienced an immense passenger increase.Flughafen Wien AG (FW), the listed company managing Vienna International Airport (VIA or VIE), said today (Thurs) there were 1.726 million customers at the airport last month, up by 23.6 per cent compared to April 2010.FW pointed out that VIA was – as many other airports in […]

Widespread usage of bootleg software

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Business

Around one out of four software programmes used in Austria was purchased illegally, an international trade organisation has disclosed.The Business Software Alliance (BSA) announced today (Thurs) that approximately 25 per cent of PC and laptop software Austrians were currently working with were pirate copies. The BSA added that the global share of bootleg software was […]

Poor interest in gas provider switch as prices soar

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Business

Fewer than two per cent of Austrians are changing their electricity providers to save costs, it has been revealed.Walter Boltz, head of market watchdog E-Control, said today (Thurs): “No more than 1.7 per cent of households are changing their electricity providers each year despite the liberalisation of the sector (in 2001).”Speaking to the Kurier newspaper, […]

Powerful cars in high demand

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Business

An increasing number of Austrians is opting for high-performance cars despite climbing fuel prices.The Austrian Traffic Club (VCÖ) announced today (Weds) that 31 per cent more sport utility vehicles (SUVs) were sold so far this year than in the same time span of 2010. The organisation added that car dealers look back on a 40 […]

‘Incomprehensible’ gas price hikes exposed

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Business

An energy sector watchdog has hit out at energy providers for jacking up gas prices.Independent market observer E-Control said today (Weds) companies operating in Austria must not give the ongoing debate about a possible farewell to nuclear energy in Germany as a reason for their gas price hikes.E-Control revealed Austrian households have been forced to […]

OMV profit jumps despite Arab uprisings

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Business

Energy sector giant OMV AG has managed to increase its turnover and profit although it was forced to scale back its activity at some of its most crucial production and exploration sites due to the unrest in the Arabian world.OMV said today (Weds) its turnover soared by 53 per cent to 8.07 billion Euros from […]

Job concerns as wood firm goes bust

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Business

Dozens of employees fear losing their jobs as a Carinthian wood industry business filed for bankruptcy.St. Veit an der Glan-based Vito asked a court in Klagenfurt to start controlled insolvency procedures today (Tues), according to the Creditors’ Protection Association of 1870 (KSV). KSV said Vito’s debts range around 5.2 million Euros. The association also announced […]

Business elite’s salaries back at pre-crisis level

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Business

Top-level managers of Austria’s leading companies raked in a fifth more last year than in so-called crisis year 2009.Reports from today (Tues) have it that members of the executive boards of the 20 Austrian firms quoted on the Vienna Stock Exchange (WBAG) earned around 20 per cent more in 2010 than the year before when […]

Asia and South America outpace Europe and USA

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Business

National economies in Asia and South America are of European countries and the United States in their bids to recover substantially from the credit crunch, according to an influential research organisation.The Institute for Economic Research (WIFO) announced today (Mon) that many states in Asia and South America were doing well trying to surpass pre-crisis gross […]