Warimpex succeeds across Europe

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Business

Real estate developer Warimpex Finanz- und Beteiligungs AG (Warimpex) had a good 2010, business figures presented today (Fri) confirm.The firm’s turnover climbed by 20 per cent to 102.7 million Euros year on year while earnings before interest and taxes (Ebit) were 24.4 million Euros after a loss of 71.8 million Euros in 2009.Company boss Franz […]

BWT presents bright 2010 figures

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Business

Water processing and preparation company Best Water Technology AG (BWT) said today (Fri) that its turnover jumped by 15 per cent to 460.7 million Euros year on year in 2010.The company, which is based in the Upper Austrian town of Mondsee, added its earnings before interest and taxes (Ebit) improved by 17.4 per cent to […]

Rewe International increases its turnover in Austria

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Business

Leading supermarket company Rewe International AG said its turnover in Austria soared at over seven billion Euros last year.The company, which handles the Austrian business activities of the German Rewe Group, said today (Fri) that it achieved a turnover of 7.04 billion Euros in 2010, up by 1.83 per cent compared to 2009.Rewe International said […]

PMI tops Austrian tobacco sale chart

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Business

Philip Morris International (PMI) is the new number one on the Austrian tobacco products market, as figures presented today (Fri) show.Research group AC Nielsen said the American company held a 35.5 per cent share in Austria, while 34.5 per cent of cigarettes sold in the country in 2010 were products of Japan Tobacco International (JTI). […]

AUA ticket price hike likely

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Business

Austrian Airlines (AUA) bosses have warned that ticket prices may rise in the near future.AUA co-chief Andreas Bierwirth said today (Fri) that the airline could increase its kerosene surcharge depending on developments in Libya.The regime’s army killed hundreds of people who took to the streets to call for democracy and free elections. Libyan leader Muammar […]

Number of T-Mobile Austria clients rises

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Business

T-Mobile Austria managed to attract almost 10 per cent more new customers last year.The Vienna-based company said today (Fri) it had 3.78 million clients in 2010, up by 9.6 per cent year on year. T-Mobile Austria however also announced that its turnover declined by five per cent to 983 million Euros.T-Mobile is the number one […]

Hirsch Servo turnover climbs

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Business

Glanegg-based machine manufacturer Hirsch Servo AG has achieved a significant turnover increase.The Carinthian company said today (Fri) that its turnover improved by 20 per cent to 47 million Euros in the first half of the 2010/2011 business year. Its earnings before interest and taxes (Ebit) reached 620,000 Euros after losses of 2.19 million Euros in […]

Libyan turmoil fuels oil price level

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Business

Car fuel sold at petrol stations in Austria is set to become significantly more expensive.The price for one barrel of Brent oil reached a three-year high at nearly 120 US dollars (87 Euros) today (Thurs) due to the riots in Libya, a major oil producing country. The cost for one barrel or 159 litres of […]

New Ericsson Vienna office boss named

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Business

Swedish telecommunication systems giant Ericsson has appointed a new head for its representation in Austria.The company announced today (Thurs) that Emil Nilsson will succeed Roland Nordgren as chief of its Central Europe department which is based in Vienna. Ericsson’s office in the Austrian capital is also in charge of the firm’s operations in Croatia, Bosnia-Herzegovina, […]

McDonald’s serves up price hike

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Business

The Austrian branch of fast food chain McDonald’s has said it will increase its prices.The company said today (Thurs) that the average price of its products – which include whole meals like burgers with French fries but also wraps and coffee – will increase by between one and 1.5 per cent this year.”There will be […]