US giant Lam Research acquires Salzburg tech company Semsysco
Lam Research (LRCX) has completed the acquisition of Semsysco GmbH, a global provider of wet processing semiconductor equipment from Gruenwald Equity...
Over 37 million overnight stays for the first half of the summer season in Austria
A number of 37.04 million overnight stays were reported in Austria for the first half of the summer season...
Social expenditure in Austria reached a historical high in 2021
Last year, social expenditure in Austria reached the highest level so far with 132 billion euros (+2.3% compared to...
Austrian citizenship granted to over 8.000 persons since the start of this year
During H1 2022, Austrian citizenship was granted to 8.158 persons, including 2.417 (29,6%) persons residing abroad, as Statistics Austria...
SPAR Austria is reducing the hours it uses its lighting systems
Storefront advertising and outdoor lighting on all SPAR stores in Austria will only be switched on 30 minutes before...
Europe’s Largest Hampton by Hilton Hotel to open in Viena
Hampton by Hilton Vienna City West is due to open in 2024 and will feature 358 guest rooms, according...
Raben to purchase 100% of shares of the Austrian company Bexity
Raben, the European logistics operator, has signed an agreement to purchase 100% of shares of the Austrian company Bexity...
Gasoline prices at almost 2 euros per liter in Austria
The war in Ukraine is also beginning to have an impact on Europeans as petrol prices are skyrocketing, says...
Over 16.000 persons were granted Austrian citizenship in 2021
According to Statistics Austria, a total of 16.171 persons were granted Austrian citizenship in 2021, including 6.448 persons residing abroad.The...
Austrian Airlines renews fleet with four Airbus A320neo
Between August 2022 and spring 2023, four Airbus A320neos will be integrated in Austrian Airlines’ fleet.The ”NEO” (”New...
Immofinanz to invest over EUR 250 million in Croatia
Immofinanz is following its market entry in Italy with the expansion of Stop Shop retail park brand in Croatia....
Waterdrop has reached over 1 million customers worldwide
To date, Waterdrop sold more than 200 million reusable products, Microdrinks, and containers to more than 1 million consumers...
Austrian start-up Creative Dock launches Fairo, an app for freelancers
Austrian start-up Creative Dock launches Fairo, the financial app helping freelancers realize more of their business goals by doing...
Immofinanz to build 12.000 new apartments on top of STOP SHOP retail parks
With Top on STOP, single-storey STOP SHOP retail parks will be overbuilt to create low-price housing and to create...
London-based billionaire Elena Baturina faces fresh scandal in Austria
Russia’s richest woman, London-based Elena Baturina, is facing renewed scrutiny. As reported by top Austrian media outlet Der Standard...
2.14 million people in Austria have a migration background
According to Statistics Austria, an average of approximately 2.14 million people with a migration background (24.4% of the total population) lived...
Austria surpassed 7 million registered motor vehicles mark
7.1 million motor vehicles were registered as of 31 December 2020 in Austria, 1.5% or 102,592 more than on the same...
RBI acquires Czech CEE-FX and payments provider Akcenta
Raiffeisen Bank International (RBI) has reached an agreement to acquire Czech-based FX and payments provider Akcenta.Under the proposed...
Storyblok raises $8.5 million Series A to fund international expansion
Storyblok has raised an $8.5 million Series A. The investment was led by Mubadala Capital, which counts TIER Mobility...
OMV to sell its business in Slovenia, where it operates 120 gas stations
OMV announced on Thursday the sale of the business in Slovenia, where it operates 120 gas stations, under the...
Nights spent in Vienna registered a whopping 74% decrease in 2020
In 2020, 97.91 million nights spent in Austria were registered, according to preliminary results from the Statistics Office.This corresponds to a...
Austrian Post in 2020: 30% rise in national parcel volumes, CEE parcels up by 27%
Austrian Post parcel volumes showed a positive development of +30 % in Austria, +27 % in the CEE region and +47 % in...
Sharp decline of bed occupancy in Austrian lodging establishments
Bed occupancy in Austrian lodging establishments was 30.5% in the 2019/20 winter season (November 2019 to April 2020), down...
Austria: New passenger car registrations in 2020 at the lowest level since 1987
According to Statistics Austria, a total of 353.179 new motor vehicles were registered in 2020, 19.0% fewer than in 2019....
Almdudler is now available in new 1-litre glass bottle
The Austrian family-owned company Almdudler will launch Almdudler Original and Almdudler Sugar Free in an environmentally friendly and climate-neutral...
Wi-Fi on A1 motorway between Salzburg and Vienna by 2022
ASFINAG wants to make Austrian motorways fit for Wi-Fi technology. The first test section is being set up between Salzburg...
Immofinanz expands its Stop Shop portfolio by eight locations
Six fully rented retail parks in Serbia and the Czech Republic with roughly 43,000 sqm were purchased from Mitiska...
OMV sold its filling station business in Germany to EG Group
EG Group will acquire OMV filling station business in Germany. The transaction is subject to required regulatory approvals and...
Czech online supermarket Rohlik enters Austrian market
Rohlik Austrian branch, Gurkerl.at, is a new online supermarket, which entered the market from 3 December 2020, Heute reports.Gurkerl.at...
Austrian economy grew by 12% in Q3 2020 compared to previous quarter
From July to September 2020, the Austrian gross domestic product (GDP) increased by 12.0% in real terms compared to April to June,...
SPAR Austria at 100 solar-powered stores in the country
SPAR Austria installed a solar power system on the roof of the SPAR Wolkersdorf, bringing the number of solar-powered...
Austrian Post revenues fell to EUR 883.3m in the first nine months of 2020
Austrian Post Mail Division improved after reaching its lowest point in the second quarter. On balance, revenue fell by...
Vienna Insurance Group to pay EUR 830 million for CEE business of Aegon
Vienna Insurance Group agreed with Aegon on 29 November 2020 to acquire Aegon's insurance business in Hungary, Poland, Romania and...
Austrian digital platform enables fans to chat live with their favorite stars
Meet your Star is the world's first digital platform that enables fans to chat live with their favorite stars...
Overnight stays in Vienna dropped by 84.5% in October
Vienna's overnight stays in October were 84.5% lower than in the previous year and reached only 242,000.Most overnight...
BMW moves internal combustion engines production to Austria and UK
BMW is investing 400 million euros in a new vehicle assembly at the main plant in Munich and move...
Austria: Number of naturalisations decreased by 16.7% this year
6.336 persons acquired Austrian citizenship in the period January to September 2020, according to Statistics Austria.The number of naturalisations...
THQ Nordic acquires Vienna based Purple Lamp Studios
THQ Nordic completed the acquisition of Vienna-based studio Purple Lamp, effectively making it a 100% subsidiary of THQ Nordic...
Amazon is the biggest online shop in Austria. Zalando and Universal follow
Online giant Amazon secures first place in the ranking with an annual turnover of 834,3 million euros in 2019,...
Raiffeisen, € 599 million profit despite impact from COVID-19
In the first three quarters of 2020, Raiffeisen Bank International (RBI) generated a consolidated profit of € 599 million.The negative impact on...
Austrian Airlines to start mandatory Covid-19 rapid antigen tests on two flights
On November 12, 2020, Austrian Airlines is starting a further testing phase on flights OS171 (Vienna-Hamburg) and OS172 (Hamburg-Vienna)...
