Rosenbauer succeeds in fighting fire and crisis effects

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Business

Fire-fighting equipment producer Rosenbauer International AG had a good first half of the year as business figures presented today (Fri) show.The company headquartered in Leonding, Upper Austria, managed to increase turnover by 14 per cent to 274.5 million Euros year on year, while earnings before interest and taxes (Ebit) rose by 33 per cent to […]

DO&CO serves up tasty Q1 figures

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Business

Viennese caterer DO&CO managed to raise earnings and turnover in the first quarter of its 2010/2011 business year (1 April to 30 June).The firm said today (Thurs) turnover had jumped by 15.6 per cent to 102.13 million Euros year on year, while earnings before interest and taxes improved from 3.44 million Euros to 4.81 million […]

Ex Hypo boss arrested – 10 years jail possible

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Business

Hypo Alpe-Adria Bank International AG’s former Chief Executive Officer Wolfgang Kulterer was arrested today (Fri) in Klagenfurt, Austria.According to Austrian newspaper “Kurier”, Kulterer could face up to ten years in jail.Kulterer is being investigated for breach of trust and giving false testimony to an enquiry commission in the Province of Carinthia, Helmut Jamnig, a spokesman […]

Wolford finds things less tight as earnings soar

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Business

Vorarlberg textiles producer Wolford has managed to double its earnings year on year, it has emerged.Company officials said today (Fri) earnings before interest and taxes (Ebit) soared from 2.18 million Euros in the 2008/2009 business year to 4.5 million Euros in the past business year.They added that Wolford, which is headquartered in Bregenz, had now […]

KTM recovery continues

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Business

Motorbike producer KTM Power Sports AG has all chances of being back in the black this business year after seeing a rise in earnings in the first quarter.Stefan Pierer, head of the firm with headquarters in the Upper Austrian town of Mattighofen, said today (Fri) its earnings before interest and taxes (Ebit) in the third […]

Seidel Elektronik staff figure reaches record high

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Business

Styrian electronic products manufacturer Seidel Elektronik said it hoped for pre-crisis business figures for this year as it employs more staff than ever before despite difficult economic circumstances.The Deutschlandsberg-based firm said today (Thurs) that with 342 now on its books, it currently had more employees than ever, adding that it was currently looking for additional […]

DO&CO gets Euro2012 job

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Business

DO&CO has already qualified for the Euro2012 after the caterer was chosen to organise the event’s hospitality services.The Viennese company announced today (Thurs) it will handle catering for the tournament’s premium partners and officials. The 2012 European Football Championships will take place in Poland and the Ukraine.The firm, which is headed by Attila Dogudan, was […]

Austria named top Q1 investor in Croatia

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Business

Austrian firms have invested more in Croatia than companies from other countries in the first quarter of this year, it has been announced.The Croatian National Bank (HNB) said today (Tues) Austrian businesses spent 195.8 million Euros during the first three months of this year. Germany is in second with business activities worth 90.4 million Euros, […]

Austrian database planned after cheap eggs scam

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Business

People’s Party (ÖVP) Environment Minister Nikolaus Berlakovich has unveiled plans to set up a country-wide egg-farming database following a recent business scandal.Berlakovich’s initiative comes after it emerged that a Styrian company imported substandard eggs from Poland and Hungary to sell them as local products. Recent reports have it that Rohr an der Raab-based Goldmund sold […]

US Ambassador makes investment appeal

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Business

The US Ambassador to Vienna has encouraged Austrian firms to invest in the USA.William C. Eacho said at a Vienna business event hosted by the Austrian Economy Chamber’s (WKO) Foreign Trade Department (AWO) yesterday (Thurs) that the US economy would continue to recover.”(US President Barack) Obama’s long-term reforms will bring the country back on track […]