Tchibo-Eduscho ‘side sales’ prosper

Categories
Business

Tchibo-Eduscho, a leading coffee shop company, is making half of its profit with non-food goods, it has been revealed.The German-Austrian company – which runs 140 shops in Austria – said today (Fri) half of its overall turnover is generated by sales of jewellery, household products and clothes it is offering for limited time spans throughout […]

UNIQA strong in 2010

Categories
Business

Insurance company UNIQA Versicherungen AG’s (UNIQA) international operations are prospering, figures presented today (Fri) show.The Vienna-based company’s international operations department achieved premiums of 2.4 billion Euros last year, around 20.8 per cent more than in 2009. UNIQA Austria earned 3.8 billion Euros at the same time, up by 1.8 per cent compared to 2009.UNIQA does […]

Paper industry incomes to rise

Categories
Business

People employed by domestic paper industry companies will earn more from next month.Works council representatives announced today (Fri) company bosses of the sector agreed to pay 3.1 per cent more to staff from 1 May. Negotiators said the leadership of the firms also agreed to raise trainees’ salaries by the same rate. The settlement will […]

Spas seen as ‘relationship rescuers’ by many

Categories
Business

Nearly one out of four Austrians visit spas to maintain their relationships, a new poll has shown.Research group Meinungsraum – which questioned more than 1,000 Austrians for health sector company Vamed – said today (Fri) 24 per cent said they visit spas with their partners to cherish their bonds.The vast majority of 90 per cent […]

Austrian air traffic up

Categories
Business

Austrian airports registered significantly more passengers last year.Figures presented by Statistik Austria show that planes departing and arriving at aerodromes across the country recorded 24.5 million passengers in 2010, up by 7.9 per cent compared to the previous year. The agency pointed out that this increase was achieved despite delays and preliminary air traffic shutdowns […]

Porr still feels the crunch

Categories
Business

Construction sector giant Porr AG’s earnings shrank by more than a fifth last year.The company announced today (Fri) that it achieved earnings before interest and taxes (Ebit) of 49.1 million Euros in 2010, down from 64 million Euros the year before.Porr argued that it has been feeling the most recent recession – which broke out […]

Westbahn trains to feature smoker lounges

Categories
Business

The head of a railway company which plans to challenge Federal Railways (ÖBB) from December has said that his firm’s trains will have facilities for smokers.Stefan Wehinger, chief of Westbahn which will operate 13 times a day between Vienna and Salzburg, said today (Fri) that wagons will be equipped with “smoker cabins.”Speaking to the Kurier […]

London Array order for Voestalpine

Categories
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 […]

Booming Poland boosts Strabag

Categories
Business

Strabag SE has said it is “cautiously optimistic” for the remainder of this year due to a “construction boom” in Poland.The Vienna-based company – Austria’s leading building firm – announced today (Thurs) it expected to benefit from the strong economy in Poland and positive developments in Germany.Strabag explained it experienced a strong increase of assignments […]

Bleak tourism evaluation amid feared overnight stay decline

Categories
Business

A tourism sector official has called for more marketing efforts within Austria as hotels brace for a decline in overnight stays.Hans Schenner, head of the Federal Economy Chamber’s (WKO) tourism department, said today (Thurs) he feared hotels and guesthouses of the country welcomed fewer guests this month than in April 2010. Schenner also announced that […]