Siemens €310mn staff bonus ahead

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Business

Siemens AG employees all over the world are to receive a 310-million-Euro bonus, it has emerged.Peter Löscher, the Austrian head of the German IT and healthcare company, commented on the recent recession today (Weds), saying: “I’m immensely grateful for what our employees have achieved in these difficult times.”Löscher, who has been named WU Manager 2010 […]

Air Berlin occupancy rate down as ticket tax dispute continues

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Business

The occupancy rate of FlyNiki’s most important cooperation partner has edged down.Air Berlin, which holds a 49.9 per cent with an option for the total takeover of FlyNiki, said today (Mon) it had 28.79 million passengers between January and October of this year, up by 3.4 per cent year on year.The company, Germany’s second-biggest airline […]

Air Berlin starts Klagenfurt – Dusseldorf connection

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Business

Bosses at Klagenfurt Airport were relieved to hear the announcement that Air Berlin is launching a connection to one of Germany’s biggest airports today (Thurs), while the public debate about a planned tax on flight tickets intensifies.The German low cost carrier, which cooperates with Vienna-based FlyNiki, started operating between the airport in the provincial capital […]

AUA angered about brothel posters at VIA

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Business

Austrian Airlines (AUA) co-chief Andreas Bierwirth has launched a scathing attack on Vienna International Airport (VIA).Bierwirth said today (Weds) “certain aspects” of the airport were “abysmal”.”Passengers experience the airport as part of our own services,” he explained.Asked what he was especially unhappy about, the businessman mentioned advertisement posters for brothels in VIA’s arrival area. Bierwirth […]

Polytec sackings ahead

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Business

Car industry supplier Polytec is considering laying off staff despite a rise in earnings and turnover.The Upper Austrian company, which has its headquarters in Hörsching near Linz, said today (Weds) that company turnover rose by 26.9 per cent to 550.2 million Euros year on year in the first nine months of 2010.Polytec added earnings before […]

Löscher to get management award

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Business

Siemens AG boss Peter Löscher will be awarded WU Manager 2010, Vienna’s University of Economics and Business (WU) has announced.The university said about the Austrian today (Weds): “Löscher has managed to combine successful long-term management operations with a high level of social competency.”The Villach-born businessman, who has headed the German IT company for three years, […]

Wienerberger reduces its losses

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Business

Wienerberger AG, the world’s biggest producer of bricks, said today (Weds) it suffered losses of more than 13 million Euros in the first nine months of this year.The Vienna-based company announced losses of 13.5 million Euros between January and September 2010 following losses of 198.2 million Euros in the same period of the previous year.Its […]

Vienna coffee smell may spur Romanian bookings

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Business

Austrian tourism chiefs hope for more reservations by Romanians after the smell of Viennese coffee is being spread at an underground station in Bucharest as part of a new marketing stunt.The scent of fine coffee from Vienna is automatically being diffused every 10 minutes at the Romanian capital’s busy Piata Universitatii station as part of […]

Lufthansa supervisory board chief wants Mayrhuber as successor

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Business

Outgoing Lufthansa boss Wolfgang Mayrhuber may become the head of the airline’s supervisory board, according to growing rumours.Current supervisory board head Jürgen Weber said at a business event in Hamburg yesterday evening (Mon) that he hopes the Austrian will succeed him when he retires in 2013.Mayrhuber, who has been head of the German aviation giant […]

Wave of Spanish guests ahead for Vienna

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Business

Vienna is set for a strong increase of tourists from debt-ridden Spain, according to new research.The Vienna Tourism Indicator (VTI), which checks various tourism statistics, shows that the number of people from Spain visiting the Austrian capital will rise dramatically. The southern country currently has the highest unemployment rate among the European Union’s (EU) 16 […]