Real estate company ECO Business-Immobilien AG (ECO Business) has managed to double its earnings.The firm, which has its headquarters in Vienna, said today (Tues) its earnings before interest and taxes (Ebit) climbed from 12.4 million Euros in 2009 to 29.4 million Euros the next year. ECO Business added it made a profit of 9.1 million […]
The future of JoWooD Entertainment AG (JoWooD) is uncertain as a previously possible investor made clear it no longer had an interest in pouring their money into the bankrupt computer games developer.Insolvency organiser Helmut Platzgummer said today (Fri) that one company, which was initially keen on investing in the firm, now explained it no longer […]
FlyNikis cooperation partner Air Berlin suffered an operative loss of nearly 10 million Euros last year.The airline said today (Fri) it recorded a loss before interest and taxes of 9.3 million Euros in 2010. Air Berlin achieved earnings before interest and taxes (Ebit) of 28.5 million Euros in 2009. Its turnover however climbed by 14.8 […]
Christian Baha is the sole owner of Austrian fund provider Superfund after co-chief Christian Halpers departure.Weekly magazine News reports today (Thurs) that Halper withdrew to open a vegetarian restaurant in Vienna later this year. Halper may have received a three-digit million-Euro amount by Baha, according to Austrian business newspapers.Baha is understood to plan managing Superfund […]
Wienerberger AG has taken over a Belgian competitor, it was announced today (Thurs).The Vienna-based company the worlds biggest producer of bricks said it acquired Heylen Bricks. The family business which has its headquarters in Veldwezelt looks back on 100 years of manufacturing bricks.Heylen Bricks has 39 employees and achieved a turnover […]
A Serbian family business manufacturing soap from goats milk has revealed plans to enter Austria.Company chief Zeljko Zeljkovic from Kikinda said today (Mon) he wanted to export his product to Austria and Germany in the near future as business in his homeland has been prospering.Zeljkovic explained he started to make the special soap based on […]
OMV chief Wolfgang Ruttenstorfer has made clear a retreat from Libya is not on the firms agenda.The Austrian company is one of a few firms which are still getting oil from the North African country where the troops of political leader Muammar al-Gaddafi are combating opposition groups calling for democracy.Ruttenstorfer said yesterday (Weds) OMV would […]
Lighting systems producer Zumtobel AG has managed to improve its turnover by more than 10 per cent.The company, with its headquarters in the Vorarlberg city of Dornbirn, said today (Mon) it achieved a turnover of 908.9 million Euros in the first three quarters of its 2010/2011 business year. The firm emphasised this was a 10.2 […]
Yamaha, the Japanese owner of Bösendorfer, has introduced a new chief executive at the tradition-rich piano maker.Yamaha announced today (Weds) that Bösendorfer deputy managing director Brian Kemble will succeed Yoshichika Sakai who has headed the Vienna-based firm since 2008. Yamaha explained Sakai will return to Japan to focus on new projects at its piano department […]
Real estate developer Warimpex Finanz- und Beteiligungs AG (Warimpex) had a good 2010, business figures presented today (Fri) confirm.The firms turnover climbed by 20 per cent to 102.7 million Euros year on year while earnings before interest and taxes (Ebit) were 24.4 million Euros after a loss of 71.8 million Euros in 2009.Company boss Franz […]