Events for December
M T W T F S S
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4
Add your event FREE

Today


Videos


Accomodations in Austria


Cosmo and Nanu

The_Austrian_Competition_Authority_(BWB)_has_asked_the_country’s_leading_oil_companies_and_petrol_station_managers_to_comment_on_the_current_price_developments.

Fuel prices under close scrutiny

The Austrian Competition Authority (BWB) has asked the country’s leading oil companies and petrol station managers to comment on the current price developments.

The BWB announced yesterday (Weds) it had decided to take a closer look at the recent pricing occurrences due to an increasing number of complaints by citizens and car clubs. The authority is expected to await the reply of the enterprises before deciding about a possible examination. If found guilty by a cartel court, the firms could face fines of hundreds of thousands of Euros.

Motorists’ associations claim that car petrol has never been as expensive as last month while experts say that prices were higher in the 1970s and 1980s. They made aware of inflation effects. One litre of diesel fuel cost 1.45 Euros on average in Austria at the beginning of this week, according to car clubs. The price for one litre of Eurosuper ranged around 1.51 Euros.

Arbö, ÖAMTC and other drivers’ clubs tried to prove that service stations charged inappropriately high prices ahead of and during public holidays like Easter but to no avail. Statistics show nevertheless that the price for car fuel is currently a few percentage points higher than it was some weeks before the Easter break.

The steadily rising fuel prices could cause a change of many Austrians’ attitude towards individual traffic. Public transport agencies announced climbing tickets sales while more and more people are tipped to start cycling instead of using their cars to get to the office and the shops. At the same time, analysis shows that extraordinarily powerful cars remain popular.

More than 356,100 new vehicles were bought in Austria last year, up by more than eight per cent compared to 2010. This was a new annual record, according to Statistik Austria. The agency said that 4.51 million cars were currently in use in the country. The most vehicles per inhabitants are registered in the province of Burgenland (616 per 1,000 residents), a study by the Austrian Traffic Club (VCÖ) shows. The 610 cars per 1,000 residents help Lower Austria to second place among Austria’s nine provinces.

Around 50 per cent of the price drivers pay at petrol stations for fuel are for taxes. Austria’s mineral oil product taxation rose as part of various annual budget programmes of the different government coalitions in the past years. International studies show that people in all but one of Austria’s seven neighbouring countries must fork out more for car petrol. Slovenia is the only exception at the moment.

BWB co-chief Stefan Keznickl told the Salzburger Nachrichten today that his authority would consider a complaint by the Alliance for the Future of Austria (BZÖ). The opposition party appealed to the BWB to find out whether Austria’s leading providers of fuel were abusing their market-leading positions. The BZÖ alleged that the firms might charge excessive prices to low-cost petrol stations to keep the general price level up.

There are almost 2,600 petrol stations in Austria at the moment. A directive issued by People’s Party’s (ÖVP) Economy Minister Reinhold Mitterlehner last year means that they must not jack up fuel prices more often than once a day. However, petrol station managers are allowed to lower their prices as often as they want. Mitterlehner hoped to create more transparency and help drivers to compare petrol prices.

Austrian Times




Related articles: EU

  1. Austrian skiers create overnight stay record

    » Business 2012-05-29

    The number of winter season overnight stays by Austrians has reached a new record.

  2. IV demands focus on industry in crisis

    » Business 2012-05-24

    The general secretary of the Federation of Austrian Industries (IV) has appealed on Europe’s political leaders to strengthen the continent’s industry.

  3. FW turnover takes off

    » Business 2012-05-24

    Austria’s biggest airport has managed to increase its profit.

  4. Rebel priest deplores Church's 'leadership crisis'

    » General News 2012-05-22

    A Catholic preacher who established a group of "disobedient" priests reacted coolly to Viennese Archbishop Christoph Cardinal Schönborn’s warnings.

  5. Petrol traders plan legal action

    » Business 2012-05-17

    The domestic mineral oil industry plans to sue the government about plans to set up a tool regulating fuel prices.

  6. Lauda disapproves cutbacks

    » Business 2012-05-15

    Niki Lauda has warned from making savings at FlyNiki to the expense of customers.

  7. Internet increasingly attractive to holidaymakers

    » Business 2012-05-15

    The number of Austrians opting for online solutions when it comes to booking a holiday is soaring.

  8. Vassilakou ensnares Pirates

    » General News 2012-05-02

    Vienna Greens Vice Mayor Maria Vassilakou has appealed on the Austrian Pirate Party (PPĂ–) to consider a partnership.

  9. Strabag turnover soars thanks to EE

    » Business 2012-05-01

    Two of Austria’s leading construction companies had good and bad news for shareholders in the past few days.

  10. Ă–BB ticket prices could climb

    » Business 2012-04-27

    Federal Railways (Ă–BB) tickets could be more expensive later this year.

Related articles: crisis

  1. Salzburg among highest in property price rise

    » Business 2012-05-31

    A real estate expert has expressed concerns about property prices in Austria.

  2. Austrian skiers create overnight stay record

    » Business 2012-05-29

    The number of winter season overnight stays by Austrians has reached a new record.

  3. Coalition accelerates anti-corruption ambitions

    » General News 2012-05-24

    The government is intensifying its attempts to pass a transparency package in parliament.

  4. IV demands focus on industry in crisis

    » Business 2012-05-24

    The general secretary of the Federation of Austrian Industries (IV) has appealed on Europe’s political leaders to strengthen the continent’s industry.

  5. Pröll outpaces friends and foes in capability check

    » General News 2012-05-23

    Austria’s longest-serving governor has been identified as the most capable one in the opinion of citizens.

  6. Rebel priest deplores Church's 'leadership crisis'

    » General News 2012-05-22

    A Catholic preacher who established a group of "disobedient" priests reacted coolly to Viennese Archbishop Christoph Cardinal Schönborn’s warnings.

  7. Petrol traders plan legal action

    » Business 2012-05-17

    The domestic mineral oil industry plans to sue the government about plans to set up a tool regulating fuel prices.

  8. Lauda disapproves cutbacks

    » Business 2012-05-15

    Niki Lauda has warned from making savings at FlyNiki to the expense of customers.

  9. Internet increasingly attractive to holidaymakers

    » Business 2012-05-15

    The number of Austrians opting for online solutions when it comes to booking a holiday is soaring.

  10. Vassilakou ensnares Pirates

    » General News 2012-05-02

    Vienna Greens Vice Mayor Maria Vassilakou has appealed on the Austrian Pirate Party (PPĂ–) to consider a partnership.

Related articles: CEE news

  1. Austrian skiers create overnight stay record

    » Business 2012-05-29

    The number of winter season overnight stays by Austrians has reached a new record.

  2. FW turnover takes off

    » Business 2012-05-24

    Austria’s biggest airport has managed to increase its profit.

  3. Petrol traders plan legal action

    » Business 2012-05-17

    The domestic mineral oil industry plans to sue the government about plans to set up a tool regulating fuel prices.

  4. Lauda disapproves cutbacks

    » Business 2012-05-15

    Niki Lauda has warned from making savings at FlyNiki to the expense of customers.

  5. Strabag turnover soars thanks to EE

    » Business 2012-05-01

    Two of Austria’s leading construction companies had good and bad news for shareholders in the past few days.

  6. Ă–BB ticket prices could climb

    » Business 2012-04-27

    Federal Railways (Ă–BB) tickets could be more expensive later this year.

  7. Makeover for VIA terminals

    » Business 2012-04-25

    The terminals of Vienna International Airport (VIA or VIE) will be renovated or rebuilt, according to Flughafen Wien AG (FW).

  8. DM Austria set to spend €70mn

    » Business 2012-04-20

    DM Austria plans investments of 70 million Euros.

  9. Franz warns AUA

    » Business 2012-04-19

    Lufthansa CEO Christoph Franz has made clear that affiliate Austria Airlines (AUA) has to cut its expenses.

  10. ÖBB awaits €33bn

    » Business 2012-04-19

    The Austrian government coalition has decided to inject more than 30 billion Euros into Federal Railways (Ă–BB).

Related articles: business scandals

  1. Coalition accelerates anti-corruption ambitions

    » General News 2012-05-24

    The government is intensifying its attempts to pass a transparency package in parliament.

  2. Petrol traders plan legal action

    » Business 2012-05-17

    The domestic mineral oil industry plans to sue the government about plans to set up a tool regulating fuel prices.

  3. Petrol price regulation planned

    » Business 2012-04-17

    People’s Party’s (ÖVP) Economy Minister Reinhold Mitterlehner has justified his decision to call for the creation of a stricter fuel price monitoring programme.

  4. Car fuel prices rise further

    » Business 2012-04-11

    The price for petrol keeps increasing, new figures show.

  5. Prosecutors examine TA's Serbian adventure

    » Business 2012-04-06

    Austrian investors who cooperated with Telekom Austria (TA) are facing fraud investigations.

  6. Fuel prices under close scrutiny

    » Business 2012-04-05

    The Austrian Competition Authority (BWB) has asked the country’s leading oil companies and petrol station managers to comment on the current price developments.

  7. Tyrolean Airways staff angered by Ă–GB

    » Business 2012-03-28

    The Federal Trade Union (Ă–GB) has been accused of "betrayal".

  8. SPĂ– and Ă–VP work on reform of 'ineffective' subsidisation law

    » General News 2012-03-27

    The government wants to achieve improvements regarding Austria’s "completely ineffective" party subsidisation directives.

  9. Billa prices under close scrutiny

    » Business 2012-03-05

    Austria’s leading supermarket could have engaged in price fixing.

  10. Salzburg set to improve party funding transparency

    » General News 2012-02-22

    Two provincial parliaments push for stricter regulations concerning the subsidisation of political movements.

Related articles: business boom

  1. Austrian skiers create overnight stay record

    » Business 2012-05-29

    The number of winter season overnight stays by Austrians has reached a new record.

  2. IV demands focus on industry in crisis

    » Business 2012-05-24

    The general secretary of the Federation of Austrian Industries (IV) has appealed on Europe’s political leaders to strengthen the continent’s industry.

  3. FW turnover takes off

    » Business 2012-05-24

    Austria’s biggest airport has managed to increase its profit.

  4. Internet increasingly attractive to holidaymakers

    » Business 2012-05-15

    The number of Austrians opting for online solutions when it comes to booking a holiday is soaring.

  5. Strabag turnover soars thanks to EE

    » Business 2012-05-01

    Two of Austria’s leading construction companies had good and bad news for shareholders in the past few days.

  6. Makeover for VIA terminals

    » Business 2012-04-25

    The terminals of Vienna International Airport (VIA or VIE) will be renovated or rebuilt, according to Flughafen Wien AG (FW).

  7. DM Austria set to spend €70mn

    » Business 2012-04-20

    DM Austria plans investments of 70 million Euros.

  8. Fuel price hikes boost Ă–BB passenger figures

    » Business 2012-04-17

    Federal Railways (Ă–BB) is benefiting from rising fuel prices, according to CEO Christian Kern.

  9. Austrians buy more cars

    » Business 2012-04-12

    The number of car registrations is climbing.

  10. Car fuel prices rise further

    » Business 2012-04-11

    The price for petrol keeps increasing, new figures show.


Tag cloud:
Ouml  residents  moment  complaints  annual  prices  Euros  Easter  Statistics  leading  Austrian  clubs  Authority  rsquo  traffic  petrol  cars  fuel  vehicles  drivers




Latest News

 

Police And Firemen Get Cold Turkey
Flipping the bird was given a new meaning in Austria this week when a truck filled with plucked turkeys overturned, closing a busy motorway in the process.

Rare Bald Ibis Makes Microlight Flight To Italy
The project to introduce an extinct bird back to Europe is hailing success after successfully negotiating a new route over the Alps and training 14 Northern Bald Ibises how to fly south to winter feeding grounds in southern Tuscany.

Brit Soldier Rescued After Climbing Mountain In T Shirt
A British soldier who tackled the frozen Austrian Alps wearing just shorts and a T-shirt has been rapped by officials after he had to be rescued from the snowy peak.

Jobless Footballers Join Dole Rangers To Showcase Their Talent
Austria's job centres are entering the big league - by creating a football team to allow jobless footballers to showcase their talent and get work.

Good manners guide for Arabs dropped by Salzburg tourism officials
Tourism chiefs in Salzburg have been forced to withdraw a controversial etiquette guide for Arabs that aimed to stop them trying to haggle over prices, cooking in their rooms, and dumping their litter around the region.

Strongman pulls worlds largest twinjet plane out of hanger
A strong man known as the "Austrian Rock" has notched up his 16th endurance world record, this time by pulling a Boeing 777 plane from its hangar at the Vienna International Airport in Schwechat.

Austria receives record visitors from UAE
Austria received a record amount of visitors from the United Arab Emirates in 2013, according to the Austrian National Tourist Office.

Cheetah enclosure rebuilt after run of escapes
After a run of great escapes from the cheetah residents of Salzburg Zoo, the big cat enclosure has been rebuilt in an effort to prevent further breakouts.

Hosting Eurovision 2015 in Austria already complicated
The search for a suitable location for next year's Eurovision Song Contest taking place in Austria is already hitting complications with still 11 months to go until the event.

FIFA extend Taboga ban worldwide
The life time football ban imposed upon player Dominique Taboga by the Austrian Football Association (Ă–FB) in February for match-fixing has been extended by FIFA today to include worldwide activities.

 


The most popular stories –
last 7 days


Friends and Partners