Works council chiefs and unionists are closely observing developments at Schlecker as the German drugstore chain revealed plans to sell its international business. Schlecker officials announced yesterday (Mon) they wanted to put the firm’s foreign activities for sale to ensure meeting creditors’ demands. The Ehingen-based enterprise started controlled insolvency procedures last month. Schlecker, which runs […]
Around 3,000 people may lose their jobs in Austria as a leading drugstore chain declared itself bankrupt. It was reported last Friday that discounter Schlecker may be forced to stop operating due to declining turnover. The German company announced yesterday (Mon) it opted for starting controlled insolvency procedures in a bid to stay in 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 […]