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Rudolf Hundstorfer

Spindelegger: Investigation Committee “Counterproductive“

According to the Finance Minister, an investigation committee would only worsen the negotiation position with BayernLB.

March 25, 2014

Austria: Spindelegger Replaces Fekter

The designated cabinet members were presented to the public today. Maria Fekter will not be a cabinet member anymore.

December 13, 2013

Austria: “Budget on Target“

State Secretary for Finance Andreas Schieder points out that “the figures from the Finance Ministry for the budget performance until October show that the budget 2013 is on target.” Social Minister Hundstorfer calls for reforms.

November 25, 2013

Austria: Unemployment Will Not Stop Increasing

In September, the number of persons unemployed continued to increase while employment rose slightly. In total, a number of 335,661 persons were jobless which makes an increase of 13.8 percent on an annual comparison.

October 1, 2013

Austria: 80 Percent Opposed to 12-Hour-Working Day

A survey of a Socialist trade union shows that 80 percent of employees are opposed of a working day of twelve hours.

September 19, 2013

Austria: Unemployment Quota Increased to 6.9 Percent in August

The gradual economic recovery has not yet reached the domestic labor market. The number of jobseekers in Austria has increased by 323,111 persons compared to the previous year.

September 2, 2013

Alpine: Former Employees to Receive Wages

Almost 5,000 former employees of bankrupt construction company Alpine can feel relieved as this week the insolvency contingency fund will start with settlements. However, creditors will only be given a rate of five percent.

August 27, 2013

Leitl: “Austria Screwed Up”

If the US, as the perpetrator of the financial and economic crisis, shows two percent in economic growth, while Austria only 0.2 percent, then this was a “disgrace”, Leitl announced during the economic forum in Alpbach.

August 21, 2013

Alpine: 2,600 Jobs Secured

Social Minister Rudolf Hundstorfer assumes that a lot of Alpine employees will continue to be employed. Former CEO Schiefer announced that Alpine was “clinically dead” when he took over management in April 2013.

July 1, 2013

Alpine to Be Divided Up

Swietelsky plans to take over 1,500 employees. Strabag announced interest but remains unheard.

June 27, 2013

Alpine: Biggest Bankruptcy in Austrian History

Bankrupt-gone construction company Alpine operates at 1,400 construction sites and is supposed to complete orders in the amount of € 800m. The shutting down of the enterprise has been decided.

June 25, 2013

Alpine to Be Shut Down

Bankrupt-gone construction company Alpine is facing a breaking down. After negotiations about establishing a rescue company failed, the enterprise will apply for a shutdown.

June 24, 2013

Alpine: Thousands of Jobs At Risk

Alpine’s Insolvency could cost thousands of people’s jobs. According to Social Minister Rudolf Hundstorfer, the Social Ministry would utilize all means to prevent a worst-case scenario. Alpine's affiliate in Germany is filing for bankruptcy as well.

June 20, 2013

1.4 Million Austrians At Risk of Poverty

According to the most recent EU social report, 1.4m Austrians are at risk of poverty or social exclusion. Social Minister Hundstorfer regards Austria be on the right path in the fight against poverty.

April 12, 2013

Austria: Elsner Files Lawsuit in US Supreme Court

Former BAWAG CEO Helmut Elsner filed a lawsuit over $ 1.8bn against members of the Austrian Social Democrat party (SPÖ).

March 7, 2013

Fekter Wants to Reduce „Ageing Costs“

Austria´s Minister of Finance Maria Fekter thinks that pension cuts are inevitable. The social democrats reject Fekter´s ideas.

February 15, 2013

Austria: Remarkable Growth in Long-Term Unemployment

In November, the unemployment quota grew by 6.7%. Above all, time workers and social care workers are affected.

December 3, 2012

9,500 Multinational Companies in Austria

Austria´s Minister of Social Affairs Rudolf Hundstorfer stresses the importance of multinational companies.

November 23, 2012

Further Increase in Unemployment

At the end of August 2012, 289,000 persons were looking for a job in Austria. At the same time, employment still grows.

September 3, 2012

Considerable Rise in Unemployment

In July, the Austrian unemployment was up by 8.7%. In total, 286,000 persons had no job last month.

August 3, 2012

Unemployment Rises by 6.7%

In Austria, the number of unemployed persons rose up to 321,817 in April. Simultaneously, employment reaches a new record level.

May 1, 2012

Labor Time: Resistance Against SPÖ´s Plans

The governing Social-Democrats want to reduce labor time. Industrialists, the Chamber of Commerce and FPÖ decline that idea.

April 17, 2012

Rise in Austrian Unemployment Rate

At the end of February, 380,000 persons were unemployed. This is a rise of 5.2%. At the EU level, Austria´s unemployment rate is still the lowest.

March 1, 2012

Government: Dispute Over Pensions

The Austrian government parties SPÖ and ÖVP disagree over contributions by retirees. The austerity package is far from being resolved.

February 6, 2012

Austrian Labor Market is Stable

The Minister of Social Affairs, Rudolf Hundstorfer, strikes a balance of the labor market in 2011 and refers to the lowest unemployment rate in the EU.

January 15, 2012

Austria Has 2.2 Million Retirees

Against 2010, the number of retirees was up by 1.3%. The average retirement age did not increase, employment of older persons could improve.

January 14, 2012

Austrian Unemployment on the Rise

In spite of its low level compared to other EU-countries, the number of unemployed persons increased up to 300.000 in October.

November 1, 2011

IHS: No Zero Deficit until 2021

The research institute calculated that Austria will not be able to achieve a balanced budget in the next ten years. Felderer calls for reforms of the pension and healthcare systems.

August 24, 2011

Retiree Representatives Demand 2.7% Pension Increase

According to legal regulations, Austrian pension payments have to be adjusted for the previous year’s inflation. Next year the cost would be approximately € 1bn.

August 17, 2011

Hundstorfer and Leitl Promote Increase in Retirement Age

The Austrian Minister of Social Affairs as well as the Head of WKÖ (Austrian Economic Chamber, Christoph Leitl, want to reduce public payments for pensions.

April 11, 2011

Minister for Social Affairs: Retirement Age to be Raised

The Austrian Minister for Social Affairs, Rudolf Hundstorfer, intends to raise the retirement age until 2025.

February 19, 2011

GM Powertrain-Austria Celebrates its 20 Millionth Transmission

The Austrian General Motors subsidiary also invested € 50m in the five-speed transmission production in 2010.

January 28, 2011

Recovery in Austria´s Labor Market Continues

The domestic labor market´s data for 2010 were better than expected. The number of job-seekers declined by 3.7%

January 8, 2011

Austrian Unemployment Further Declines

Unemployment numbers go down specifically in the production sector. Long-term unemployment also declines over average.

January 2, 2011

Austria's Minister of Social Affairs Wants to Extend the Years of Employment

Rudolf Hundstorfer wants to see older workers work longer, and is trying to get the consensus of businesses.

December 31, 2010

Leitl: Austrians Go into Retirement Too Early

Those who go into early retirement in Austria are rewarded. The government should create more incentives to retire later on in life.

November 10, 2010

Unemployment: Sharp Decline in October

Compared with the previous year, unemployment was reduced by 8%. The decline is attributed primarily to an increase in the demand for temporary workers.

November 2, 2010

Wage dumping

It is unusual that the former Austrian Trade Union Federation President Rudolf Hundstorfer finalised a draft law without a vote of social partners.

July 16, 2010