The number of car registrations dropped year on year last month, but recovered after a dramatic decline in April.Federal statistics agency Statistik Austria announced today (Fri) 2.3 per cent fewer cars had been registered last month compared to the same month in 2009. The number of 29,057 registrations might however be regarded as good news […]
German 20mn order for A-TEC Industries
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A-TEC Industries has been ordered to deliver devices for a new power plant in Germany.The Vienna-based firm said today (Fri) its subsidiary AE&E will produce and deliver three waste heat boilers worth more than 20 million Euros to the combined cycle power plant in Stade, Lower Saxony.A-TEC Industries, which is headed by Viennese investor Mirko […]
XXXLutz ‘eyes Croatian properties’
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Furniture megastore chain XXXLutz is considering taking over commercial sites in Croatia, according to local press.The Croatian Times reports today (Thurs) that the Upper Austrian firm with headquarters in Wels was one of possible buyers of estate in the cities of Zagreb, Rijeka, Osijek and Pula owned by broke firm Pevec.Darko Sketa, who handles the […]
AUA passenger numbers up
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Bosses at struggling Austrian Airlines (AUA) hope for a “return of passengers” as the former Austrian flagship carrier had more customers last month year on year.AUA co-chiefs Peter Malanik and Andreas Bierwirth said today (Thurs) the company had 1.015 million passengers in May, up by 16.1 per cent to the same month of last year.The […]
Styrian window producer Stabil hopes to become a main player in former Yugoslavian countries after teaming up with a Slovenian competitor.Stabil boss Dieter Manz said today (Thurs) his firm would closely cooperate with MIK who sell around 100,000 of its products in Slovenia and Croatia every year.Manz said the partnership would give Stabil the chance […]
More than 80 Styrian companies do business in Football World Cup host country South Africa, economy officials have announced.Wolfgang Köstinger of the Austrian foreign trade departments representation in Johannesburg said today (Thurs): “South Africa has a strong automobile industry. Especially Styrian firms are strongly engaged.”Köstinger mentioned Magna and AVL as leading companies doing business in […]
BZÖ wants ÖBB privatisation
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Alliance for the Future of Austria (BZÖ) boss Josef Bucher has suggested to privatise parts of indebted Austrian Federal Railways (ÖBB) to help the company to recover.The head of the opposition party said today (Thurs) the government should list some departments of the struggling firm, which is close to the state, on the stock market. […]
Struggling wood-processing firm Klausner is considering selling off its factories in Germany to a Russian rival, according to reports.Austrian newspapers report today (Weds) that the Tyrolean company, which is headquartered in Oberndorf, received an offer of 12 million Euros for its two sawmills in Landsberg am Lech and Wismar from competitor Ilim Timber Industry.Company bosses […]
Peoples Party (ÖVP) Vice Chancellor Josef Pröll has appealed to European Union (EU) leaders to introduce a continental tax on financial transactions by next year.”Its clear to me that we need a Europe-wide financial transactions tax. The sooner we agree on it the better. Im in favour of this tax coming into force in 2011,” […]
Thousands ogle A380 in Vienna and Linz
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Thousands of aviation enthusiasts turned up in Vienna and Linz to get a glimpse of the new Airbus A380 yesterday (Weds).The worlds biggest passenger aircraft landed at Vienna International Airport (VIA) and Linz Airport as part of a Europe-wide test flights session.Around 1,500 airplane fans came to VIA to watch the double-decker plane which […]