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Salzburg

A Competitive Classical Summer Stage for the World's Capital of Opera

The Danube Arena, a huge summer stage for classical concerts, opera and operetta, is reportedly to be built on the banks of the Danube in the middle of Vienna. The aim is to compete with the big summer venues Bregenz, Mörbisch and Salzburg and to give tourists and locals the chance to enjoy classical music even in summer (during the summer breaks of the established venues).

April 20, 2018

Salzburger Festspiele Generates EUR 215 Million Added Value per Year

The president of the Salzburg Festival (Salzburger Festspiele), Helga Rabl-Stadler, presented a new study proving the financial significance of the event. According to the study the festival generates added value of EUR 215 million per year in the whole country.

August 22, 2016

Long-Distance Coach Operator Flixbus to Compete with ÖBB Austrian Railways

Austrian state-run rail company ÖBB Austrian Railways is facing increasing competition of German mobility provider Flixbus which has just launched its third connection for Austria's regional capital cities, between Graz and Salzburg. In January 2016 FlixBus announced its entry to the markets of Central and Eastern Europe with the new branch FlixBus CEE. This includes six countries (Czech Republic, Slovakia, Hungary, Poland, Slovenia and Croatia) with new lines in the making. () am

April 27, 2016

Canada's Foreign Affairs Minister John Baird Visits Austria and The Balkans

Canada's Foreign Affairs Minister John Baird today announced that he will visit Croatia, Serbia and Albania. The visit to the Balkans comes after Baird spoke about Ukraine and other global security issues at a high-level forum in Salzburg, organized by the International Peace Institute and the Salzburg Global Seminar.

August 27, 2014

Persistent Boom in Austrian Real Estate Prices

On average, property and apartment prices were up by 6% last year. This is substantially above the inflation rate.

May 30, 2012

Real Estate Boom in Austria

Property prices rose by 5.0% over the last two years. An end of the boom is currently “not in sight”, says the real estate industry.

December 14, 2011

Palfinger Plans Capital Increase

The Austrian crane producer is gearing up for further growth. An extraordinary General Meeting has been called for 3 November.

October 13, 2011

Alpine to Build Hotel in Warsaw

The Austrian construction group will be general contractor of the project in Poland. Total contract value is € 32m.

September 16, 2011

New Road Construction Project in Bulgaria for Alpine

Rehabilitation of 109 km of road - Contract value: € 20 m - 24-month construction period.

September 12, 2011

Noricum Announces Significant Gold Mineralization at Austrian Projects

The London-based gold exploration and development company gives a positive update regarding the exploration program at its projects in south-central Austria.

September 5, 2011

Palfinger: Rise in Revenues by 48% in Q1/2011

Huge plus in revenue and earnings recorded in the first quarter of 2011. The Austrian crane manufacturer expects further growth for 2011.

May 10, 2011

Austria's Importance as a Location for Conventions increases

Events, conferences and trade shows are developing as an important part of Austria’s tourism industry. By international comparison, Austria is already ranks in eighth place.

May 5, 2011

Decline in Sales for Salzburg AG

The Salzburg AG for energy, transport and telecommunications could hold its profits stable despite falling sales.

April 13, 2011

Volkswagen Acquires Automobile Trading Business of Porsche Holding Salzburg

Next major step towards the creation of the integrated automotive group of Volkswagen and Porsche

March 3, 2011

Takeover of the Austrian Porsche Holding

The majority owner VW could soon take over the Austrian part of the Porsche Group. The price is € 3.3bn.

March 1, 2011

Sales Growth for Quehenberger

The Austrian logistics company posted higher sales in 2010 than expected, however without reaching the profit zone.

February 23, 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

Austria Provides 1.09 million Beds for Tourists in 2010

In Austria, the bed capacity utilization in the winter season is higher than in the summer season.

February 4, 2011

The Westbahn Complains Because of ÖBB-Subsidies

In December, the new “Westbahn” (Western Railway) will start competing with the ÖBB (Austrian state railways) which are allegedly being privileged by the government.

February 3, 2011

Consumption Expenditure of Foreign Tourists Grows

Russian and Chinese tourists are proving to be particularly generous consumers in Austria. Overall sales rose by 23% in 2010.

February 3, 2011

Rieder Wins Major Contract in Saudi Arabia

The Austrian Company Rieder will supply roofing and facade elements for the world's largest energy research centre in Saudi Arabia

February 2, 2011

Increase in Passengers at Austrian Airports

Every of the six Austrian Airports could record substantial growth in passengers in 2010. Their number rose by 7.9%.

January 31, 2011

Rise in Earnings for Palfinger

The Austrian crane manufacturer records a 29-percent plus in revenues for 2010. For 2011, the company shows an optimistic outlook.

January 25, 2011

Austerity Package: Resistance from the Federal Provinces

While cries for savings are getting louder in the provinces, declarations of both consensus and objections come from the provincial capital cities

November 8, 2010

Booming Tourism: Aeroflot Pressure on Austria's Airports

New routes of Aeroflot subsidiaries to Austria are created due to the growing flow of Russian guests.

October 20, 2010