Rewe Group boss Frank Hensel has praised Russia as an “extremely dynamic market”.Hensel said today (Thurs): “We would carry out our expansion there twice as fast if we could, but there are always some problems with property ownership issues. Russia is an extremely dynamic market though.”The German company currently runs 68 Billa supermarkets in the […]
Foreign tourists spent almost 30 per cent more in shops in Austria last year than they did in 2009, according to an international travel and shopping service platform.Global Blue Austria announced today (Weds) that holidaymakers from abroad spent approximately 250 million Euros in stores across the country in 2010. The platform stressed this was a […]
Car fuel is more expensive at Austrian motorway petrol stations than at those just over the German border, a motorists’ association has said.Arbö announced today (Weds) that diesel petrol cost 7.5 Eurocents more at stations on motorways in the Austrian province of Salzburg than at petrol stations a few hundred metres over the border in […]
Five-star hotels in Austria achieved the highest occupancy rates in the past holiday periods both in summer and winter, new figures show.Statistik Austria announced today (Weds) that 49.3 per cent of beds in the most expensive hotel category were booked in the 2009/2010 winter season, while 52.1 per cent were occupied in the summer months […]
Siemens Austria has been contracted to produce 35 underground trains for a Polish citys public transport network.The technology company announced today (Weds) that it was assigned by decision-makers in Warsaw to produce, deliver and install 35 of its Inspiro public transport vehicle models for 272 million Euros.Siemens Austria said it will start manufacturing the ordered […]
Markus Beyrer, the general secretary of the Federation of Austrian Industries (IV), has been appointed as the new head of Industry-Holding Stock Corporation ÖIAG.ÖIAGs supervisory board unanimously voted for Beyrer yesterday afternoon (Tues). Around 40 businesspeople applied for the post, according to reports. Former Telekom Austria (TA) and VimpelCom boss Boris Nemsic was the only […]
Foodstuff branch representatives and many customers feel infuriated by a new law ordering shoppers to identify themselves if they plan to buy more than 10 litres of wine.The federal finance ministry, which is headed by Peoples Party (ÖVP) chairman Josef Pröll, decided that supermarket customers must fill in a form if they purchase more than […]
Plane seats put on sale by Austrian Airlines (AUA) are selling like hot cakes, it has emerged.The company said today (Tues) that they have already sold 85 per cent of the 4,200 fabric-covered seats, which are currently being replaced by modern leathern models, to other airlines.AUA, which was taken over by Germanys Lufthansa one and […]
Austrians bought more diesel fuel in 2010 while the demand for regular car petrol declined year on year.The Federal Mineral Oil Association FVMI announced today (Tues) that Austrian petrol stations and industrial petrol providers sold 7.3 billion litres of diesel petrol in 2010, 3.7 per cent more than the year before. The association also said […]
A Finnish packaging and wood products firm plans to invest more than 20 million Euros in Lower Austria, it has emerged.Stora Enso announced today (Tues) that it will start setting up a new facility to produce wood boards and various other wood elements this spring. The Helsinki-based firm explained that it planned to invest 23 […]