New BEWAG boss Michael Gerbavsits has revealed that the sale of B.net has started.BEWAG, the leading energy provider in the eastern province of Burgenland, is expected to end various projects abroad as it prepares to merge with gas provider BEGAS.Now Gerbavsits said he has started examining offers of investors interested in acquiring the firms Croatian […]
Strabag SE chief Hans Peter Haselsteiner is optimistic despite a decline in building activity.Haselsteiner said today (Mon) that his Vienna-based construction company carried out assignments worth 12.78 billion Euros last year, down by 1.9 per cent compared to 2009.He said: “We will be able to increase our performance by five per cent to 13.5 billion […]
Baumit International managed a year on year turnover increase in 2010.The company, which is based in Waldegg, Lower Austria, said today (Fri) that its turnover soared by 10 million Euros to 790 million Euros in 2010. The construction material firm does business in 29 countries in Central and Eastern Europe (CEE).Baumit International said it recently […]
Würth Austria saw its highest ever turnover in 2010.The company said today (Fri) that it achieved a turnover of 142 million Euros in 2010, up by five per cent year on year the biggest increase since it started doing business in 1962.Würth Austria, which is based in the Lower Austrian town of Böheimkirchen, said […]
Officials at the Institute for Advanced Studies (IHS) said today (Fri) that they were aiming to appoint a successor of current chief Bernhard Felderer this autumn.The think tank revealed that 14 economists and business experts have applied for the post. The deadline for applications was last Tuesday.”A company-internal committee will meet to discuss the applications […]
Spar Austria chief Gerhard Drexel has called on political decision-makers to “prevent” speculation on agricultural products.Business experts have warned that increased speculation on the trade rates of cereal products and other foodstuffs may lead to significant price increases in supermarkets around the world.Asked by the Kurier newspaper whether shoppers will have to bear the brunt, […]
A Carinthian construction company has filed for bankruptcy.Twenty-one employees and almost 200 creditors will be affected by the insolvency of AZ Bau. The Villach-based firm said today (Fri) it had assets of 1.3 million Euros, adding that its liabilities were 3.17 million Euros.The Creditors Protection Association (KSV 1870) said the plan was to find a […]
A decreasing number of couples decide to buy real estate nowadays, according to a study.Researcher Andrea Baidinger said today (Fri) that just 61 per cent of unmarried and married couples aged 30 and younger were opting for the purchase of a house or a flat. She pointed out that around 75 per cent did so […]
BauMax a leading DIY equipment chain has announced it aims to hire 100 additional employees this year.The company said today (Thurs) that it is seeking 100 new staff for its 67 shops in Austria. BauMax explained it planned to open “seven to eight” new branches in the country this year. Eight new BauMax […]
Spar Austria has announced that it has managed to increase its market share.The Salzburg-based firm said today (Thurs) that its share in the Austrian supermarket business rose by one per cent to 29.5 per cent last year thanks to a 4.5 per cent turnover jump to 5.15 billion Euros.Spar Austria is the second-biggest foodstuff shop […]