Tucek asked to leave VIH

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Business

A leading hotel chain has decided to part company with executive board chief Rudolf Tucek.Vienna International Hotel Management AG (VIH) announced yesterday (Weds) that its supervisory board decided to remove Tucek from power. Reports have it that business partners and customers were irritated by his “energetic decision-making” regarding the management of existing hotels and VIH’s […]

Stricter drink purchase ID law causes a stir

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Business

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 People’s Party (ÖVP) chairman Josef Pröll, decided that supermarket customers must fill in a form if they purchase more than […]

Tourists splashed out 250mn in Austrian shops in 2010

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Business

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 […]

Salzburg petrol stations charge more than German rivals

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Business

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 […]

Expensive hotels top occupancy rate ranking

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Business

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 […]

Warsaw train assignment for Siemens Austria

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Business

Siemens Austria has been contracted to produce 35 underground trains for a Polish city’s 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 […]

Beyrer gets ÖIAG top job

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Business

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.ÖIAG’s 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 […]

AUA seats up for grabs

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Business

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 Germany’s Lufthansa one and […]

Diesel sales soar despite price hike

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Business

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 […]

Stora Enso sets Ybbs focus

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Business

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 […]