Austrians Spend Record Amount on Dining Out
The average Austrian, from newborns to the elderly, has an annual disposable income of €27,000, with about €4,990 (or 18%) allocated to food
Half of Austrian Companies Consider Relocating
According to a recent survey, one in two companies is now considering relocating at least part of its operations abroad.
Austrian Firms Invest €404M in Worker Safety
This marks the first time the €400 million threshold has been surpassed, with sales of safety equipment having grown steadily since 2017.
€1,000 Monthly Bonus for Full-Time Doctors in Lower Austria
This initiative, announced Tuesday, aims to make full-time positions more appealing and to increase doctor availability in the region’s hospitals.
Austrian Gaming Industry Grows 71% in Six Years
The sector generated a total revenue of €188.7 million, with 85% of this income coming from international markets.
Austria’s Fiscal Council Predicts Rising Deficits
The Austrian Fiscal Council has revised its budget deficit forecasts for 2024 and 2025, now expecting shortfalls of 3.9% and 4.1% of GDP, respectively.
Austrian Post’s Profit Rises 10.7% in 2024, Expecting €3B Revenue
Austrian Post achieved robust earnings in the first nine months of 2024, with operating profit (EBIT) increasing by €144.7 million compared to the same period last year.
AK Secures €1.16M Refund for Tenants Overcharged
On Monday, the AK announced that affected renters would receive an average of €2,324 per apartment after a favorable ruling from both the Vienna Higher Regional Court and the Supreme Court
Retail Workers’ Union and Employers Debate Wage Increase
The two sides remain far apart on wage adjustments, with the GPA union pushing for a 4.8% increase while employers’ initial offer stands at 2.8%.
Unemployment in Austria Rises to 371,648 in October
This figure represents an increase of 32,752 individuals compared to the same period in the previous year