Company Bankruptcies Rise by 22% in 2024
Liabilities are also expected to increase by 31%, with the rise mainly due to a string of high-profile insolvencies.
AMS: Minimal Impact on Labour Market from Syrian Returnees
Austria’s total workforce stands at 3.977 million, with Syrians making up just 0.6 percent of that figure.
WKÖ: Austria and the EU Need Urgent De-Bureaucratisation
The level of bureaucracy in Austria has reached an “intolerable” point, according to a senior Austrian Chamber of Commerce official.
Bavaria Disputes Austria’s Craftsperson Bonus in EU Complaint
The Chamber of Skilled Trades for Munich and Upper Bavaria argues the bonus unfairly harms German businesses.
US Firm Takes Over Salzburg’s Mozartkugel Production
The iconic sweet will still be made, with US brand owner Mondelez planning to continue production, though the location remains a mystery.
Survey: Austrian Companies Plan Job Cuts as Economy Worsens
More than half of Austrian CFOs now rate economic uncertainty as high, a rise from 40% earlier this year.
Thousands in Vienna May Have to Repay Energy Bonus
The bonus was open to single-person households with an annual income of up to €40,000 and multi-person households earning up to €100,000.
Unemployment in Austria Rises to 384,000 People in November
The unemployment rate rose by 0.6 percentage points to 7.1%.
New Bottle Deposit System Problematic for Producers
Starting in 2025, the new bottle deposit system for plastic bottles and cans will not only impact retailers and consumers but will also affect producers
350 Retail Workers Protest for Better Wages on Black Friday
Around 350 retail employees gathered on Friday at Schillerplatz near Linz’s shopping street Landstraße for a “disruption action” on Black Friday, demanding a better wage agreement.