Lekkerland Austria pleased with 2009 figures despite lower turnover

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Business

Bosses at Lekkerland Austria – the German food wholesale trade firm’s Austrian branch – said they were happy with 2009 figures despite a decrease in turnover.Lekkerland Austria chief Andreas Jimenez said today (Mon) turnover had declined from 109 million Euros in 2008 to 108 million Euros last year.He added the firm had managed to tackle […]

McArthurGlen Designer Outlet Parndorf to expand

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Business

Around 200 new jobs will be created when 20 to 25 new shops open at Parndorf’s McArthurGlen Designer Outlet next year.Thomas Reichenauer, company manager of the international shopping centre management group, said today (Fri): “We plan to invest between 20 and 25 million Euros. Twenty to 25 new shops will open on an additional 5,300 […]

HTI looks back on difficult 2009

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Business

Upper Austrian car industry supplier HTI hopes for positive figures this year after a decline in turnover in 2009.Company boss Peter Glatzmeier said today (Fri): “The past year was a difficult year in which restructuring measures dominated our activities.”Glatzmeier added he hoped for positive business results in 2010.Turnover of the firm – based in St. […]

Experts warn of social networks’ potential to ruin firms’ reputation

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Business

Social network platforms have the capability to harm companies’ reputation, an online strategies expert has warned.Josef Barth, who managed incumbent president Heinz Fischer’s 2010 election campaign’s internet activities, said today (Thurs) firms should not remove unpleasant postings but honestly respond to accusations they contained.Barth, a former journalist for political weekly profil, stressed this was the […]

BA economist says industrial branch to grow sharply this year

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Business

Bank Austria (BA) chief economist Stefan Bruckbauer said he expected Austria’s industrial branch to grow “by at least four per cent” this year.Bruckbauer said today (Thurs) preliminary figures showed a record increase from foreign companies in demand for Austrian industrial firms’ products this month.”These developments confirm that Austria’s industrial branch is to become a decisive […]

Styria tourism warning as Vienna keeps top spot

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Business

Styria and Burgenland need to raise their efforts in targeting international guests, a tourism expert has warned.Martin Stanits of the Austrian Hoteliers Association (ÖHV) when speaking about the provincial capital of Styria today (Thurs) said: “Tourism in the Graz region is struggling a bit since the city was Europe’s Capital of Culture in 2003.”Stanits stressed […]

KTM back on track as earnings rise

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Business

Upper Austrian motorcycle and off-road vehicle maker KTM Power Sports AG is racing all the way on the road to recovery as earnings soared in the first half of its 2009/2010 business year.Officials at the Mattighofen-based firm said today (Thurs) earnings before interest and taxes (Ebit) climbed to 6.3 million Euros after losses of nine […]

Red Bull only Austrian firm among world’s top 100 brands

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Business

Red Bull has retained its title as Austria’s most valuable brand in the world.The Salzburg-based energy drinks producer ranks 82nd in international market research agency Millward Brown’s study of the most powerful companies in the world.Internet giant Google tops the top 100 with an estimated value of 86 billion Euros followed by IT firms IBM […]

‘TECH FORCE 2010’ conference in Vienna next week

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Business

Opinion leaders and business chiefs from all over the world will take part in an international conference on technologies of the future in Vienna next week.The Austrian Economic Chamber (WKO) announced British bestselling author Ray Hammond as well as members of leading think tanks and company bosses are set to speak at “TECH FORCE 2010” […]

Own staff commit vast number of business crimes, say experts

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Business

The overwhelming majority of business crimes are carried out by firms’ own employees, it has been disclosed.KPMG Forensic-Team Senior Manager Dieter Stangl-Krieder said at a business event in Vienna last night (Tues) research has shown that own staff was responsible for almost 90 per cent of felonies like accounting fraud, embezzlement and money laundering at […]