The global economy will grow strongly in the coming years, a Viennese think tank has predicted.The Institute for Economic Research (WIFO) said today (Mon) it expected the world economy to grow by 4.5 per cent every year until 2015. Austrias economy will grow by 2.2 per cent every year until 2015, according to WIFO.WIFO announced […]
Austria is moving further away from meeting agreed greenhouse gas emission limits as lorry traffic is on the rise.New figures presented by the Austrian Traffic Club (VCÖ) today (Thurs) show that the volume of lorry traffic on Austrias busiest motorways increased year on year in 2010.The organisation, which examined road authority Asfinags annual data, said […]
FlyNiki aims partnership with Emirates
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Austrian low-cost carrier FlyNiki is considering a cooperation with Emirates, it has emerged.Asked to comment on reports in the Austrian media that his airline wants to team up with the Dubai-based aviation giant, FlyNiki CEO Niki Lauda said today (Thurs): “Im open towards all sides and options including Emirates.”Business newspapers have it that the […]
Polytec achieves turnaround
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Automotive industry supplier Polytec Holding AG (Polytec) managed to get back in the black last year, according to preliminary figures.The Hörsching-based firm said today (Thurs) that preliminary results suggest that the annual turnover rose by 27 per cent year on year to 770 million EurosPolytec added its earnings before interest, taxes, depreciation and amortisation (Ebitda) […]
Oil and gas company OMV has withdrawn most of its staff from Tunisia, it has been reported.Dozens of people have died since last week when thousands of citizens took to the streets to demonstrate against the North African countrys regime.OMV told the Salzburger Nachrichten newspaper today (Thurs) that 54 of its 66 employees have preliminary […]
Claro succeeds in Iran
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Leading household detergents producer Claros business activities in Iran are prospering, it has been revealed.Firm chairman and owner Josef Dygruber said today (Thurs) Claro managed to achieve an annual turnover from operations in the Western Asian country of 650,000 Euros in 2010 after having started doing business there only in the previous year.Dygruber, who stressed […]
CAT oil grabs more Russian assignments
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Oil and gas exploration equipment producer CAT oil AG has managed to raise its order volume in Russia.The Viennese firm, which is listed on the Frankfurt Stock Exchange (FWB), announced it received assignments from Russian oil and gas firms worth 222 million Euros as of today (Thurs), up by eight per cent year on year.”This […]
A former Blue Danube Airport employee will be in court for alleged embezzlement next month, it emerged today (Thurs).The Provincial Court in Linz, Upper Austria, announced that the 52-year-old faces a trial on 4 February. She is suspected of having pocketed more than 585,000 Euros of the airport’s assets since May 2002.The airport is located […]
A leading Austrian transportation systems producer will build the worlds longest cable car at a Russian holiday hotspot.Doppelmayr Holding AG (Doppelmayr) said today (Weds) it was contracted to set up a 5.4-kilometre connection between the Laura ski resort and Krasnaya Poljana near Sochi where the 2014 Winter Olympics will take place.The Wolfurt-based company, which is […]
Vienna International Airport (VIA) recorded significantly more passengers year on year in 2010 and bosses said they expected customer figures to soar further this year.VIA announced today (Weds) it registered 19.69 million passengers last year, up by 8.7 per cent compared to 2009. The airport, which is located near Schwechat in Lower Austria, explained […]