Business, page 96

• Volkswagen CFO hopeful after 'promising' start of the year
  German car maker Volkswagen (VW) CFO Hans Dieter Pötsch has revealed that the company has been spending around 600 million Euros on car parts and other purchases in Austria every year.
• Berglandmilch turnover down despite delivery of more milk
  Berglandmilch bosses said decreasing turnover figures last year were to blame for shrinking milk prices on the global market.
• UBM focuses on Poland and Germany after 'successful' 2009
  Austrian real estate developer UBM saw earnings plunge last year after deciding to invest less.
• BMW to produce 240,000 engines for US police in Steyr
  The BMW plant in Steyr, Upper Austria, has received an order for 240,000 three-litre turbo diesel engines and gear boxes for US police, it emerged today (Tues).

• Kaufmann stays on board at VIA
  Herbert Kaufmann will remain the spokesman for Vienna International Airport (VIA) after rumour has had it for weeks that he would leave.
• BackWerk to expand in Austria
  German discount bakery BackWerk has revealed plans to open up to ten new branches in Austria by the end of this year.
• Mars Austria hopes for sweet news in 2010
  Sweets and pet food maker Mars Austria OG boss Michael Kunze said today (Mon) he expected "moderate growth" this year despite soaring cocoa prices.
• Wolford's earnings up in first three quarters
  Vorarlberg textile firm Wolford reported today (Fri) that its earnings before interest and taxes (Ebit) had increased in the first three quarters of its 2009/2010 business year.

• More foreign holidays planned this year
  More Austrians are planning on holidays abroad this year after 2009 saw a drop in numbers, according to a study by public opinion research agency Karmasin.
• Siemens Austria to lay off 500 to 600
  Siemens Austria said today (Fri) it would lay off 500 to 600 of 2,000 workers in software division SIS (IT solutions and services) in the near future.
• Verbund could lose interest in French Poweo
  Austrian energy provider Verbund’s 46 per cent interest in French electricity provider Poweo may become less valuable if the firm makes good on its threat to stop providing service to end customers.
• Austrian firms line up for Bulgarian assignments
  More than 20 Austrian companies have expressed interest in participating in the construction of the Bulgarian road and railroad infrastructure, according to reports by local media from today (Fri).

• Negative Ebit for S&T after it makes corrections
  Vienna IT service provider S&T’s operating earnings dropped by 3.4 million Euros year on year in 2009, it said yesterday (Thurs).
• Car dealers spared by downturn
  The economic downturn has had minimal effect on Austrian car dealers as the number of newly registered cars soared last year.
• Siemens lay-offs may hit Austrian workers
  Munich technology firm Siemens announced yesterday (Weds) that it would lay off 4,200 workers in its IT division SIS.
• Seasonal workers number cut
  There will be 3.5 per cent fewer foreign seasonal workers in agriculture and forestry this year than in 2009, Social Democratic (SPÖ) Labour Minister Rudolf Hundstorfer said today (Thurs).

• Transport key to climate protection, says traffic club
  The transport sector was key to increased climate protection, Austrian Traffic Club (VCÖ) expert Martin Blum said today (Thurs).
• Kapsch announces third board member
  Kapsch TrafficCom AG announced yesterday (Weds) that Andre Laux would become its third board member on 1 April 2010.
• Direktanlage.at looks back on year of growth
  Austrian discount broker Direktanlage.at said it managed to grow on all areas "despite the crisis".
• Lauda to promote Romania 'to make destination profitable'
  FlyNiki CEO Niki Lauda revealed plans to promote Romania in Austria.

• Vienna overnights sharply up year on year
  The Viennese tourism industry continues to boom as overnight figures stay up year on year.
• Gebrüder Weiss remains firm despite dropping turnover
  Vorarlberg freighting firm Gebrüder Weiss is putting on a brave face after reporting today (Weds) it had seen turnover drop 15.7 per cent year on year to 830 million Euros in 2009.
• Future bright as Orange doubles net profit
  Austria’s third largest mobile services provider France-Telecom subsidiary Orange reported today (Weds) a net profit of 35.7 million Euros in 2009, twice as much as in 2008.
• Bad Radkersburg spa to expand
  The "Parktherme" spa park in Bad Radkersburg, Styria, will be renovated and expanded beginning this autumn, Mayor Peter Merlini announced yesterday (Tues).

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