Bag problem: tobacconists are mobilizing against new deposit requirements
The new deposit requirement will be introduced in Austria at the beginning of January 2025. This worries some companies – especially smaller ones –...
Boom industry – Austria’s gaming economy is growing rapidly
The domestic gaming economy has grown rapidly over the past six years, as evidenced by the Industrial Science Institute's (IWI) Game Development Study 2024,...
Crisis in the automotive industry – supplier Schaeffler wants to cut 4,700 jobs
The ailing automotive industry in Europe is affecting more and more suppliers. German automotive and industrial supplier Schaeffler announced on Tuesday that it would...
Budget Council alarmed: the budget deficit will be higher than expected in 2024
The budget deficit is likely to be higher than the previous forecast: the Fiscal Council expects a 3.9 percent decline in gross domestic product...
“Opportunities taken” – Post achieved a 10.7% profit increase in 9 months
Austrian Post earned well in the first nine months of 2024. Operating profit (EBIT) rose 10.7 percent to 144.7 million euros compared to the...