Robert F. Kennedy Jr. claimed Barack Obama has done an “excellent job” in reacting to the Gulf of Mexico oil spill.The environmental law expert said at a business event in Vienna last night (Weds): “Im convinced Obama will succeed with his plans of stepping on new ground in energy and climate issues. He did an […]
Tag: business
More than 80 Styrian companies do business in Football World Cup host country South Africa, economy officials have announced.Wolfgang Köstinger of the Austrian foreign trade departments representation in Johannesburg said today (Thurs): “South Africa has a strong automobile industry. Especially Styrian firms are strongly engaged.”Köstinger mentioned Magna and AVL as leading companies doing business in […]
Volksbank AG (ÖVAG) reports good business figures for the first quarter of this year after suffering dramatic losses in 2009.ÖVAG chief Gerald Wenzel said today (Fri) earnings before interest and taxes (Ebit) soared to 21.6 million Euros after the bank had losses of 93.4 million Euros in the first three months of last year.He added […]
Increasing demand for warm water and energy in the long extended winter helped energy provider ENVs earnings soar.The Lower Austrian company said today (Thurs) earnings before interest and taxes (Ebit) rose by 5.7 per cent to 194.4 million Euros in the first half of the 2009/2010 business year compared to the first half of the […]
Upper Austrian dairy Gmundner Molkerei has said it will close a plant in Freistadt after acquiring it less than four years ago.Gmundner Molkerei head Michael Waidacher announced yesterday (Weds) the 400 deliverers and 15 staff working at the site in Freistadt have already been informed. He added all of them have been offered to work […]
Farmers decided not to slaughter a pig after it survived falling from a driving lorry yesterday (Mon).Lower Austrian authorities said today bosses of the Ratzersdorf-based farming business will keep the animal which got away with bruises after falling from a trailer and down an embankment. The pig was caught by local firemen and passersby who […]
KTM back on track as earnings rise
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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 […]
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 […]
EE business lets Teekanne turnover brew
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Prospering business in Eastern Europe (EE) served up a record turnover for Austrian tea producer Teekanne in the past business year.Bernhard Zoller, who heads the Salzburg-based firm, said overall 2009/2010 turnover soared by 8.2 per cent to 96.4 million Euros.Zoller said Teekanne would continue to expand in EE after becoming market leader in the Czech […]
Cosmos creditors endorse speedy shutdown
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Creditors of bankrupt Cosmos welcomed the decision to close down all branches of the electronic consumer goods chain, according to a lobbyist.Wolfgang Hrobar of the Alpine Creditors Protection Association (AKV) said today (Mon) the broke companys more than 1,500 creditors were happy about the decision to shut all 27 shops since it ensured personnel and […]