Tyrol’s Tech Scene Grows but Needs More Investment
The IT and tech industry in Tyrol currently employs 7,500 people and generates an annual turnover of around €1.2 billion.
One Million Bottles and Cans Returned Under New Pfand Scheme
By the end of January – the first month of the new scheme – an estimated 25 million deposit-marked containers were in use.
Austria’s Exports Decline by 14.7% in November 2024
The trade deficit amounted to 0.19 billion euros.
AK Wien Wins Refunds for 20,000 Fitness Customers
The Chamber of Labor Vienna (AK Wien) has concluded its campaign against several fitness studio operators, claiming to have recovered around one million euros for more than 20,000 customers—averaging around 50 euros per person. The campaign focused on the recovery of unjustly charged additional fees, the AK reported on Thursday. Most of the fitness studios […]
RWR-Cards and Low Wages Spark Protests in Bus Industry
According to the union vida, employers are relying on “lower wages” for foreign workers through the use of Red-White-Red cards instead of improving working conditions.
Austria Sees 15.8% Drop in Job Vacancies in 2024
According to Statistics Austria, the majority of the vacancies were for full-time positions.
Inflation Rises to 3.3% in January
The main contributors to inflation were the services sector, which increased by 4.7%, and energy, which rose by 3.7%.
Personal Bankruptcies in Austria ‘Mainly Among Men’
As men are more likely to be self-employed than women, their average debt is higher, standing at €138,000.
Austria to Limit Low-THC Cannabis Sales and Impose Tax
Smokable cannabis with low THC levels can now only be sold in tobacconists (Tabak-Trafik shops) and will be subject to a 34% tax.
Deposit on Reusable Glass Bottles Raised to 20 Cents
After more than 40 years, the deposit for reusable glass bottles has been increased today from 9 cents to 20 cents.