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Service Industry

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

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

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

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

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

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

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

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

The Austro-British gambling copmany could increase EBITDA by 3.0%. Total revenues remained stable.

March 29, 2012

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

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

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

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

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

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

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

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

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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