Business, page 86

• AUA cull continues as 210 technicians laid off
  One in four technicians at Austrian Airlines (AUA) are facing dismissal as the company announced plans to restructure its maintenance department, it emerged today (Tues).
• Puls 4 'to reach break even soon'
  Puls 4 head Markus Breitenecker claimed the station has achieved more than its set targets as it celebrated two years on air last month.
• Prolactal back in headlines over export refund
  Styrian dairy firm Prolactal GmbH is back in the headlines after it emerged it had been given more than three quarters of a million Euros as a refund on exports.
• WKO warns against going it alone on bank tax
  The Austrian Economy Chamber (WKO) warned yesterday (Mon) that it would be a mistake for Austria to "go it alone" in imposing a tax on banks.

• Union claims alternative to post office closures
  The postal workers’ union has an alternative to the post office closures the postal service (Post AG) wants to continue to engage in, according to today’s (Tues) edition of the newspaper Kurier.
• Credit card numbers up
  The number of credit cards in Austria has risen to more than two and a half million, according to new figures.
• Czech prime minister wants full investigation of Steyr deal
  Czech Prime Minister Jan Fischer called yesterday (Mon) evening for a full investigation of the Czech Defence Ministry’s purchase of 107 Austrian Pandur II light wheeled tanks in 2009.
• Fressnapf to continue to expand in Austria
  Salzburg-based pet food and pet accessories dealer Fressnapf announced today (Tues) it would have 120 stores in Austria by 2012 as it continues expansion plans.

• Austria economic freedom rises
  Economic freedom has risen in Austria, according to a new study.
• Metro Cash & Carry to have fifth manager
  Metro Cash & Carry Österreich announced yesterday (Mon) Joachim Fiedler would become its fifth manager.
• Austrian to join ECC's board of directors
  Austrian Thomas Siegl will join the board of clearing house European Commodity Clearing AG (ECC) in May 2010, the firm announced yesterday (Mon).
• Real estate prices rise
  Real estate prices soared in eastern Austria in 2009 as people looked for safe investments during the recession, it was reported yesterday (Mon).

• Lenzing to invest €116mn in Indian plant
  Upper Austrian fibre producer Lenzing AG will invest 116 million Euros in a viscose fibre plant in India, according to today’s (Mon) edition of the newspaper Oberösterreichische Nachrichten.
• Overnights at Austrian hotels down in 2009
  Austrian hotels suffered a drop in overnight stays last year, according to Eurostat research.
• Jones shows Austrian fashion at its best
  As part of our series looking at how firms are meeting the challenges of the credit crunch we profile Austrian high street fashion chain Jones find out how they are managing their ambitious expansion plans.
• New fast-food chain in March in Austria
  Austria is to get a new fast-food chain, named "Hubert’s", in March, according to the publication Trend.

• Dutch milk may have been used to make deadly cheese
  Dutch milk may have been used by Styrian firm Prolactal to make deadly cheese with listeria bacteria, Agrarmarkt Austria (AMA) chief Stephan Mikinovic said today (Fri).
• Al Jaber's daughter becomes co-manager of Kneissl Holding
  Sheikh Mohammed Bin Issa Al Jaber has made his oldest daughter Masheal Al Jaber a co-manager of Kneissl Holding in Tyrol, it was revealed today (Fri).
• Postal service adopts new strategy
  The Austrian postal service (Post AG) has adopted a new strategy featuring an "offensive" on the internet in Austria and expansion of its package delivery service, especially in southeastern Europe.
• Bribery secured Austrian tank deal, says Czech newspaper
  The Czech newspaper Mlada fronta Dnes reported that Austrian firm Steyr-Daimler-Puch Spezialfahrzeuge (SSF) had bribed Czech politicians to secure a tank deal.

• Baumit turnover down by 10 per cent
  The Baumit Group that produces construction materials reported yesterday (Thurs) that its turnover had declined by 10 per cent year on year to 780 million Euros in 2009.
• Public prosecutor to investigate deadly cheese case
  Graz public prosecutor’s office announced yesterday (Thurs) it would investigate the case of cheese contaminated with deadly listeria bacteria which has left six people dead.
• Austria has fourth highest purchasing power in EU
  Austria and Sweden shared fourth place in the European Union for purchasing power with 122.8 per cent of the EU average in 2007, according to EU statistics agency Eurostat.
• A-Tec to acquire bankrupt Holz-Her
  Austrian industrialist Mirko Kovats’ holding company A-Tec is going to acquire Styrian holding company Holz-Her, which went bankrupt at the beginning of the year, it was reported today (Fri).

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