Cost-cutting Wolford reports rise in turnover

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Business

Bregenz-based textiles and tights manufacturer Wolford AG has managed to increase its turnover by more than six per cent.The company said today (Fri) its turnover climbed by 6.6 per cent to 120 million Euros in the first three quarters of the 2010/2011 business year compared to the same period of the previous business year.Its earnings […]

ÖBB names new RCA chiefs

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Business

Bosses of struggling Federal Railways (ÖBB) have appointed two new heads for loss-making affiliated firm Rail Cargo Austria (RCA).ÖBB CEO Christian Kern decided in November to remove RCA co-chiefs Friedrich Macher and Günther Riessland from executive power as the company’s debts stopped soaring.Kern explained at that time that Macher and Riessland will keep working for […]

AWO to host ‘Down Under’ workshop

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Business

Economic experts will speak about the “excellent opportunities” Austrian companies find in New Zealand and Australia at an upcoming congress organised by the Austrian Economy Chamber’s Foreign Trade Department (AWO).The AWO said today (Thurs) Guido Stock – head of its trade delegation in Sydney, Australia – will present recent figures and an outlook for doing […]