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Service Industry
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Austria: Services and Tourism Contribute to Increase in Trade Surplus
Austria's trade surplus doubled in the first half of the year to € 3.5bn, despite a fall in goods traffic.
November 13, 2012
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Slovakia: Internal Trade Growing Moderately
The Slovakian retail trade sector is shrinking. The wholesale turnover was up by 2.2%
November 7, 2012
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Czech Service Sector Stagnates
In Q3 2012, seasonally adjusted sales in services increased by 0.1%, quarter-on-quarter, at constant prices.
November 7, 2012
Czech Republic: Industrial Sector Most Important
Among the EU members, the Czech Republic shows the highest percentage of people working in the industrial sector.
October 6, 2012
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Working Time: Brits and Austrians Work Most
Regarding the weekly working time, Austria ranks second. The share of employees working in the service industry is slightly below the EU average.
October 5, 2012
Romania: Lowest Importance of Service Sector in EU
Almost 70% of employed persons in the EU27 worked in the service sector in 2011. The scope ranges from 43% in Romania to 85% in Luxembourg.
October 5, 2012
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Austrian Service Industry Grows Moderately
Austrian service enterprises achieved an increase of turnover by 2.9% for the first half of 2012.
September 5, 2012
Austrian Companies Boost Service Sector
A massive 85% of the 26,172 business start-ups in Austria are operating in the promising service sector.
August 23, 2012
Austrian Post: Rise in Earnings
Revenue growth (+3.1%) and earnings improvement (EBIT +13.5%) in the first half of 2012 Outlook for 2012 confirmed despite unstable economic environment.
August 10, 2012
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Crisis in European Union Weakens Austria
The economic crisis in the Eurozone is a major burden for the Austrian economy. The real economy begins to weaken.
August 9, 2012
Polish Business Service Sector Booming
In 2011, 38 new business service centers were established in Poland. The number of employees doubled since 2009.
August 4, 2012
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Oblin New CFO at Austrian Post
The previous strategy manager Walter Oblin succeeds Rudolf Jettmar as Chief Financial Officer.
July 2, 2012
Slow Growth in First Quarter
In the first three months of 2012, the Austrian economy grew by 0.3% against the prior quarter. The outlook is very cautious.
June 9, 2012
Small Growth Rate in Austrian Service Industry
Austrian service enterprises achieved an increase of turnover by 4.0% in the first quarter 2012.
June 5, 2012
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Different Economic Dynamics Among Austrian Provinces
In 2011, Styria achieved the highest economic growth rate among the nine Austrian provinces. This year, Upper Austria is expected to lead the ranking.
June 4, 2012
Service Exports Key Success Factor for Austrian Foreign Trade
Regardless of global economic turbulence, Austria enjoyed considerable success in the international trade of goods and services in 2011.
May 22, 2012
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Satisfactory Results at Austrian Post
Revenue was up by 6.0% above the prior-year quarter. An EBITDA rise of 7.0% to € 75.8m was recorded. The outlook for 2012 was confirmed.
May 16, 2012
Austria Achieved Positive Current Account in 2011
Last year, Austria´s current account reached a surplus of 1.9% of the GDP.
May 4, 2012
Austrian Post Continues Expansion in CEE Region
With the purchase of “Kolportaz Rzetelny” and a stake in “M&BM; Express”, Austrian Post expands its Network in Poland and Bulgaria.
May 3, 2012
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Lutz Continues Expansion Program
The world´s second largest furniture house intends to grow in Eastern and Southeastern Europe.
April 7, 2012
Weak Results at bwin.party
The Austro-British gambling copmany could increase EBITDA by 3.0%. Total revenues remained stable.
March 29, 2012
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Moderate Increase in Vienna-held Congresses
3,151 congresses were held in Vienna in 2011. This is an increase by 7.0%.
March 27, 2012
Growth in Austrian IT Industry
In 2011, the Austrian Information Technology and Communication Industry achieved revenues of € 54bn. This corresponds to an increase of 6.6%.
March 26, 2012
Moderate Growth in Tourism Sector
Current Austrian tourism winter season 2011/12: +4.6% more overnights due to rise in February (+11.7%).
March 26, 2012
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Moderate Improvement in Vamed´s Results
The Austrian health service supplier could record a rise in sales by 3.0%. EBIT was up by 8.0%.
March 22, 2012
Moderate Rise in Austrian Bilateral Trade with Italy
In 2011, Austrian exports to Italy went up by 8.6% to € 9.3bn. After Germany, Italy is Austria´s second largest trade partner.
March 21, 2012
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Austrian Post Is Said to Expand in Poland
Austrian Post is said to be interested in Polish Kolportaż Rzetelny, Polish media report.
March 19, 2012
Wholesale Prices Slightly Up
Wholesale price index in February 2012: +1.5% against February 2011. Austrian service enterprises achieved an increase of turnover by 3.5% for 2011.
March 7, 2012
Trade and Service Sectors Report Loss in Dynamics
Turnover development of Austrian trade and service enterprises slows down.
December 5, 2011
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Austrian IT Service Provider Expands to Canada
The IT-service company Navax has ambitious growth plans. Expansion should not only take place in Austria, but also in Canada, Switzerland and Germany.
October 31, 2011
Rising Turnover in Austrian Advertising Market
After the turbulences in 2009, the domestic advertising market could continue its positive trend from 2010. Within the first eight months, turnover grew by 7.9%.
September 27, 2011
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Upward Trend for Austrian Service Industry
Austrian service enterprises achieve turnover increase by 4.6% in the first half of 2011
September 7, 2011
Trenkwalder to Be Taken Public by New Owner
The new German majority owner of the Austrian personnel leasing company is planning an IPO in Vienna or Frankfurt.
August 16, 2011
The Austrian IT service company could raise its operating profits. Revenues declined.
The Austrian IT service company could raise its operating profits. Revenues declined.
May 13, 2011
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Trenkwalder Gets Fresh Capital with Droege Capital
German Droege Capital GmbH acquires the majority stake in the Austrian employment agency Trenkwalder International AG.
April 23, 2011
Moderate Rise in Turnover for Austrian Service Industry
Austrian service enterprises have overcome the economic crisis: Turnover increase of 3.3% in 2010, employment activities booming
March 10, 2011
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Economic Growth Decreased Slightly in the 4th Quarter of 2010
The rise of Austria's economic performance in the 4th quarter 2010 was 0.6% in real terms compared with the previous quarter. This figure does not exactly strengthen the momentum of the economy.
February 16, 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
Good Prospects for Austrian Exports
The outlook for 2010 is favorable after the sharp decline of Austrian goods exports in the crisis year 2009 (-20.2%), .
December 29, 2010
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Brain Force Reports Positive Turnaround
Brain Force Holding AG, an Austrian IT services provider, announced its business results for the 2009/10 fiscal year.
December 21, 2010
Potential of Austria's Creative Industries
Mitterlehner and Leitl: the Austrian creative industry accounts for 60,000 cross-industry jobs and acts as an export driver.
December 20, 2010
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Sales Gowth in the Services Sector
In the third quarter, trade and services reached a revenue growth of 7.2% over the previous quarter of this year and of 5.2% over the same quarter of the previous year.
December 7, 2010
Turnover in Services Sector increased by 1.9% in the first half of 2010
Based on results for the first half of 2010, turnover of Austrian services enterprises at nominal values rose by 1.9% compared to the first half year 2009.
September 6, 2010
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