All the European investment, retail, real estate, office and industry news in English language

Sunday | September 27 | 2020

Vienna

One third of Westbahn jobs are in danger to be cut

At the private Austrian railway company Westbahn, 100 of the 300 jobs appear to be in danger because of the corona crisis,...

LATEST

Erste Bank Oesterreich CEO Peter Bosek announced that, after 24 years at Erste including more than 13 years in various management...
Emma and Maximilian topped the charts of first names given to newborn babies in Austria, as Statistics Austria reports.
Austrians consider the trends in housing costs to be much more problematic, says an survey by IMAS International, conducted on behalf...
OMV, the international oil and gas company headquartered in Vienna, has reduced its Brent oil price planning assumptions. 
This Friday, 18 September, mayors from various European countries will launch the Europe-wide initiative ”European Capital of Democracy” in Vienna.
Office Park 4 officially opened its doors. Accordingly, Airport City Vienna has further expanded by an additional 26.000 sq m of office...

NUMBER BUZZ

1000
jobs to be cut by Swarowski in Austria

MAN to cut around 9.500 jobs in Austria and Germany

German truck and bus manufacturer MAN, controlled by Volkswagen, announced that it could lay off up to 9,500 employees in Austria...

Austria: balance of trade deficit at €0.12 bn in June 2020

The value of imports of goods was at €11.61 bn in June 2020, a decrease of 5.1% compared to June 2019, as Statistics Austria...

SPAR Austria, €117.000 bonus payment for local egg farmers

SPAR Austria is rewarding about 130 Austrian egg farmers for their ongoing commitment to animal welfare with a combined €117.000 bonus...

Less people on minimum income scheme in Austria

A total of 267.683 persons were supported by the minimum income scheme ("Mindestsicherung") in 2019, as Statistics Austria reports....

422.910 job seekers were registered in Austria at the end of August

At the end of August, 422,910 job seekers (incl. trainees) were registered with the Labour Market...

The number of nights spent in Austria decreased by 17.4% in July

In Austria, the number of nights spent in July 2020 decreased by 17.4% to 15.50 million, as preliminary results from Statistics Austria show.

Austria: Total production quantity of animal products at 4.86 million tons

Austria's agriculture produced about 910.300 tons of meat calculated in carcass weight (the same compared to the...

Austrian Post increased its share in Turkish Aras Cargo to 80%

Austrian Post has held a 25 percent stake in the Turkish parcel services provider Aras Kargo...

Billa opens flagship store on Vienna’s Michaelerplatz

The new Billa flagship store on Michaelerplatz is located in a very special location – the...

Powertrain developer AVL receives EIB top-up financing of €50 million

The European Investment Bank (EIB) is providing a €50 million loan to AVL List GmbH (AVL). The...

New Ikea catalogue to be ordered online in Austria

If you want to have the 292 pages Ikea catalogue delivered at your house, you must...

New Amazon distribution center opens in Vienna-Liesing

Amazon's second distribution center employs around 120 people in the 7.900-square-metre warehouse in Vienna-Liesing, says Vienna.at. Around 400...

New XXXLutz and Möbelix furniture stores in Wolfsberg to open this fall

The opening of Möbelix Wolfsberg at the end of September and XXXLutz Wolfsberg at the end...

Netflix is getting more expensive in Austria for a second year in a row

The video streaming provider Netflix is once again increasing prices for customers in Austria. From three...

MOST READ
TOP 5

An Austrian startup develops innovative patented Merino wool blend fabric and now seeks to finance their first clothing collection through crowdfunding.
This autumn, a further 1.000 jobs are to be cut at Swarovski headquarters in Wattens. On Monday, 200...
Residential property prices as measured by the Austrian house price index increased by 5.8% in 2019, according to Statistics Austria. House...
Apeiron Biologics AG will complete a capital increase to finance the further development of APN01 for the treatment of severely ill COVID-19...
At the Austrian electric motor manufacturer ATB, 360 out of about 400 employees in Spielberg are about to be fired, Heute...