Latest News
Austrian Unemployment Shrinks
The unemployment rate (Austrian standard) decreased from 8.9% in January 2010 to 8.5% in January 2011.
February 12, 2011
Strong Sales Forecast for BWT
The Austrian water technology specialist counts on large sales growth rates for 2010 and 2011.
February 11, 2011
Andritz: Order for Belo Monte is Firm
The French consortium Alstom, together with the German Voith and the Austrian Andritz, jointly supply the Brazilian Hydroelectric Project.
February 11, 2011
Market Adjustments at the Gas Stations Business
Doppler, the largest private operator of gas stations in Austria predicts a decline in the gas station network.
February 11, 2011
Lopatka Demands Structural Reforms and Budgetary Discipline
The State Secretary for Finance at the German-Austrian Financial and Economic Forum.
February 11, 2011
Schlumberger Grows Moderately
Schlumberger, the stock exchange listed champagne and spirits manufacturer has achieved a sales growth of 4.3% in the first three quarters of 2010/11.
February 11, 2011
Sales Increase for Waldquelle
The Austrian-Czech mineral water producer increased its sales moderately in 2010. The market share increases continuously.
February 11, 2011
Austrian Constructing Price Index Rising
Construction output price index for building construction and civil engineering increased by 3.9%.
February 11, 2011
Vienna Stock Exchange: Winners and Losers (2011-02-10)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 11, 2011
Rosenbauer: Settlement with German Cartel Office
Anti-trust proceedings of the Austrian Rosenbauer AG end with official notice of € 10.5m fine.
February 11, 2011
Strong Increase in Sales an Profits for Do & Co
The Austrian catering company announces its results for the first nine months of the financial year 2010/2011.
February 11, 2011
Passenger Increase at VIA Continues
Vienna International Airport: Plus 6.7% in passengers during January 2011
February 11, 2011
Sustained Growth
International economic recovery continues in early 2011. The WIFO business survey also indicates sustained growth for Austria.
February 10, 2011
Productivity of Shopping Centers is Stagnating
A RegioPlan study shows that only 30 of 70 surveyed Austrian shopping centers have increased their productivity.
February 10, 2011
Massive Increase in Public Debt
Austrian public debt could rise dramatically soon by a new calculation involving separate legal entities.
February 10, 2011
Serious Allegations Against Former AUA CEO
Sheikh Mohamed Al Jaber, who wanted to take over Austrian Airlines in 2008, considers himself to have been seriously deceived by the former management and raises accusations.
February 10, 2011
Jank: Vienna Leads in Company Start-Ups
Almost 8,000 enterprises founded in 2010, a quarter of all Austrian start-ups, comes from Vienna.
February 10, 2011
Potential for Austrian Construction Industry in Poland
Market experts predict a sharp increase in construction activity: a market growth of up to 12% is expected for the next two years.
February 10, 2011
Results of the Crisis: Austria in 14th Place Among 37 Countries
Austria is one of the five EU countries least affected by the global crisis.
February 10, 2011
Hypo Group Changes Leadership in Slovenia
Both the Slovenian subsidiary bank and the leasing company will receive a new leadership for "restructuring reasons".
February 10, 2011
Property Restoration Provides Hopes for Growth and Employment
With the release of € 400m for thermal rehabilitation, five times as much is to be generated in sales. Up to 80% of this amount stays in Austria.
February 10, 2011
Upward Trend for CEE Insurance Stocks
CEE insurance stocks to get a boost from rising profits, cheap valuation and stronger investor demand.
February 10, 2011
Car Registrations Rising Considerably
January 2011: New passenger car registrations in Austria increased by 22.5%.
February 10, 2011
More Passengers at Austrian Airlines
Austrian Airlines Traffic Result for January 2011: 2.1 Percent Increase in Passenger Volume. 690,000 flight guests were carried.
February 10, 2011
Vienna Stock Exchange: Winners and Losers (2011-02-09)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 10, 2011
Burger is the New Chairman of the Vivatis Group
The food company, owned by RLB Oberösterreich obtains an industry expert with Armin Burger.
February 9, 2011
OMV Capital Increase Likely
Due to massive acquisitions in recent months, the Austrian OMV has to refinance. A capital increase is the most favorable option.
February 9, 2011
Strabag: Poland as a Replacement for Russia?
Sales of the Austrian construction company in Russia are slow in coming. Instead, other growth regions could be pushed.
February 9, 2011
Verbund Intends to Grow in Italy and France
The Austrian-Italian joint venture Sorgenia is to expand its commitment to renewable energies in Italy and France.
February 9, 2011
Vienna Stock Exchange: Winners and Losers (2011-02-08)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 9, 2011
Business Climate Improves in Eastern Europe
According to the Austrian Kontrollbank (OeKB), the Business Climate Index has risen in Eastern Europe for the seventh consecutive time.
February 9, 2011
Eastern Europe Slows Siemens Austria Down
The pre-crisis level has not been reached yet, says CEO Hesoun. Public savings programs prevent the technology company's growth.
February 9, 2011
Kapsch Wins Order in Serbia
The Austrian Kapsch CarrierCom wins another order from Southeastern Europe with DataXtender.
February 9, 2011
Rising Bankruptcy Fears in Eastern Europe
The Austrian Creditor Protection Association “Creditreform” foresees a further rise in bankruptcies in Eastern Europe. The economic crisis is not over yet.
February 9, 2011
150 New Bank Austria Branches in Eastern Europe
The new board of the CEE Division of Bank Austria presented the group's expansion plans for Eastern Europe. By 2015, 900 branches are to be added.
February 9, 2011
Kneissl is Insolvent
Parts of the Austrian Kneissl group have started insolvency. Sheikh Al Jaber’s capital contribution did not take place.
February 8, 2011
bwin: Possible Separation of the Swedish Subsidiary
Following the merger between the Austrian bwin and the British PartyGaming, bwin could be parted from the Swedish Ongame.
February 8, 2011
A-Tec: Bad News from China
Because of a joint venture gone insolvent in China in 2008, there are unpaid claims for about € 15m against the Austrian A-Tec.
February 8, 2011
Manpower Austria Increased Sales
The sales of the U.S. services group Manpower increased last year by 54% to € 130m in Austria.
February 8, 2011
Oil Prices Rose Sharply in December
The Energy Price Index (EPI) calculated by the Austrian Energy Agency rose 2.3% in December 2010 compared with the previous month.
February 8, 2011
Tension between ÖBB and ÖVP
The conflict over the finances of the Austrian State Railway between the ÖBB and the ruling ÖVP goes on.
February 8, 2011
Quanmax AG Achieves Record Sales
Sales revenues of the Austrian notebook manufacturer amounted to € 78m in 2010. For 2011, the company expects € 100m.
February 8, 2011
Bank Tax is "untimely" for ÖVAG
The Austrian Volksbank Group's CEO, Gerald Wenzel, expects expenditure of € 40m due to the bank tax.
February 8, 2011
Vienna Stock Exchange: Winners and Losers (2011-02-07)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 8, 2011
RBI Faces an Increase in Equity
The Austrian Raiffeisen Bank International will strengthen its equity, announces Attorney General Konrad.
February 8, 2011
Wholesale Price Index Strongly Rising
Austrian Wholesale price index in January 2011: +11.6% against January 2010.
February 8, 2011
Energie AG Plans Capital Increase
The Upper-Austrian energy company is to raise funds in order to realize further investment projects.
February 7, 2011
"Feibra" to Function as Discount Post
The Austrian Post is expanding its subsidiary Feibra. Letters are also to be sent in future.
February 5, 2011
ÖBB CEO Kern Closes In on Politicians
The CEO of the Austrian Federal Railways (ÖBB), Christian Kern, reacts angrily to accusations made by politicians.
February 5, 2011
Austria Savers Remain Cautious
For 67% of Austrian savers, savings’ security is a priority. High yields only plays a role for about 10% .
February 5, 2011
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