Hartlauer reveals expansion plans

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Business

Robert Hartlauer, head of eye wear and electronic goods specialist Hartlauer, has presented plans to open up to 30 new shops.Hartlauer said today (Tues) the firm’s concept is to increase its number of branches from the current 160 to between 180 and 190. A new shop opened in the Vorarlberg town of Rankweil only last […]

Bread price hike ahead

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Business

Customers must brace for higher bread and pastry prices, bakers have warned.The Salzburg Bakers’ Association announced today (Tues) that a “disastrous” harvest has led to an immense increase of flour trade rates.The body also named global speculators as responsible for a 300 per cent price hike for cocoa and a 70 to 80 per cent […]

Another blow for Linz as Lufthansa scraps Munich route

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Business

Provincial political leaders are set to turn their guns on Lufthansa following revelations that the aviation firm is to axe its Linz – Munich service.Local newspaper Oberösterreichische Nachrichten reports today (Tues) that the German company will stop offering flights between Blue Danube Airport in Linz, Upper Austria, and the German city of Munich as of […]

Pühringer angered as ÖBB set to cut Linz – Graz route

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Business

The political pressure on Federal Railways (ÖBB) is rising following the firm’s announcement to axe a direct connection between the second- and third-biggest cities in the country.ÖBB said last week it would stop running a direct high-speed Intercity connection between the Upper Austrian city of Linz and Graz in the province of Styria after reorganisation […]

Majority want ÖIAG axed, poll shows

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Business

More than six in 10 Austrians want a dissolution of the Austrian industry-holding stock corporation (ÖIAG), according to a poll.Researchers IFES said today (Mon) 61 per cent supported a possible shutdown of the body, while 30 per cent backed its continued existence.The future of ÖIAG and responsibilities has been publicly debated by the Social Democrats […]

SBO snatches Dubai firm

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Business

Oil industry equipment maker Schoeller-Bleckmann Oilfield Equipment AG (SBO) has taken over an Arabian rival, it has been announced.The global market leader, which is headquartered in Ternitz, said today (Mon) it had acquired a 100 per cent interest in Dubai-based Drilling Systems International Ltd. (DSI). A takeover price was not disclosed by the Lower Austrian […]

Doppelmayr bags record order

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Business

Austrian lift systems producer Doppelmayr has received the biggest assignment in its 118-year history.The Wolfurt-based company said today (Mon) its US American subsidiary DCC Doppelmayr Cable Car (DCC) was part of a consortium contracted to build a cable liner in the Californian city of Oakland.Doppelmayr said work would be completed in 2014, adding that the […]

ÖBB to axe direct Linz – Graz route

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Business

Politicians in Upper Austria have turned their guns on Federal Railways (ÖBB) bosses after the firm announced plans to end its Linz – Graz Intercity service.The state-owned company said today (Fri) that it would stop offering a direct high-speed connection between the Upper Austrian city of Linz and Graz in the province of Styria after […]

Austrian jobless rate still lowest in EU

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Business

Austria has retained its title of being the European Union’s (EU) jobless rate model pupil.The European Commission’s (EC) statistics body Eurostat found that Austria still had the lowest unemployment rate among the EU-27 with 4.3 per cent, followed by the Netherlands where 4.5 per cent of residents were out of work in August.The agency also […]

Strabag shops mall order in Sweden

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Business

Austrian construction top dog Strabag SE has been contracted to expand and renovate a shopping centre in Sweden.The Vienna-headquartered company announced today (Fri) it will enlarge the Täby Centrum in Stockholm from its current 50,000 square metres to an overall 80,000 square metres. Strabag added the size of the mall’s car park will be upped […]