Oil sales in decline

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Business

Austrians are buying less heating oil amid soaring prices, new figures show.The Institute for Economic Oil-Heating (IWO) announced today (Fri) private and business clients bought 1.7 billion litres of the product last year. The organisation explained this was a 0.6 per cent decline compared to figures from 2009.The IWO said it has been registering a […]

Petrovic wants VIA job

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Business

A Green trailblazer and animal rights activist has applied for the vacant position of a leading aviation industry company.Former federal Green Party leader Madeleine Petrovic announced today (Fri) she was “ready to take responsibility at Flughafen Wien AG (FW), the listed firm which manages Vienna International Airport (VIA or VIE).FW is currently seeking a new […]

AUA messes up economic take-off

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Business

Austrian Airlines (AUA) has failed to find the runway to recovery, latest business performance figures show.The airline sustained a loss of 63.5 million Euros in the first three months of this year, only down slightly compared to the same period of last year (64.7 million Euros).The carrier, which has its headquarters in Vienna, had an […]

Transaction error upsets BA clients

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Business

Bank Austria (BA) customers have been assured they will be compensated for losses temporarily suffered due to a technical glitch.Viennese newspapers report today (Thurs) that hundreds of customers of BA and credit card payment services provider Paylife were affected by the error which meant amounts twice as high as intended had been withdrawn from their […]

Cheapskate Lauda back in action

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Business

Niki Lauda is starring in another episode of an acclaimed advertisement series.The new advertising spot – set to be screened on Austrian television – shows the Formula One (F1) legend dragging a suitcase packed with shoes into the lobby of a hotel to clean and cream them on a shoe-polishing machine set up there for […]

Intercell names new CEO

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Business

Struggling vaccine developer Intercell AG has presented a new company chief.The Vienna-based research firm said today (Thurs) board member Thomas Lingelbach will take over as CEO next Tuesday (10 May). Current head Gerd Zettlmeissl will leave the company “to pursue other personal and professional interests,” Intercell added.Lingelbach has been the company’s COO since 2006. He […]

Washington airports seek cooperation with VIA

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Business

Two US American airports have signalled an interest in collaborating with Austria’s largest aerodrome.The Sun Gazette reports that the Metropolitan Washington Airports Authority (MWAA) prepares to approach bosses of Vienna International Airport (VIA or VIE) about the possibility of a partnership. The MWAA pursues a cooperation between Ronald Reagan Washington National Airport (DCA) and Washington […]

DHL centre opens at VIA

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Business

A subsidiary company of Deutsche Post AG has opened a logistics and competence centre in Austria.German postal services provider Deutsche Post said today (Mon) its express mail branch DHL’s Global Forwarding department started operating a cold warehouse at Vienna International Airport (VIA).Deutsche Post explained DHL will store temperature-sensitive products at the site but also work […]

Long-term joblessness down as EE labour barrier vanishes

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Business

The number of people failing to find a job for a long time is in decline, new figures show.Social Democratic (SPÖ) Labour Minister Rudolf Hundstorfer said today (Mon) that 5,037 of all of last month’s jobseekers had been out of work for more than a year. The minister pointed out that this number was 30.2 […]

London Array order for Voestalpine

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Business

An industrial company based in the Upper Austrian city of Linz has been assigned to deliver 20,000 tons of steel for a new offshore wind farm in the United Kingdom.Voestalpine AG said today (Fri) it was contracted to produce and deliver sheet metal objects weighing 20,000 tons altogether for German technology company Siemens AG which […]