Upper Austrian fruit and vegetable producer efko is considering cooperating with a Bulgarian company as an increase in turnover is expected for this year.Company chief Gerald Hackl said today (Thurs) turnover rose by 16 per cent year on year to 118.3 million Euros in 2009, adding that another three-per-cent increase was expected for 2010.Hackl said […]
Bosses at Styrian printing company Leykam Let’s Print announced today (Fri) they were looking for new staff after seeing order value rise again.The firm had to dismiss ten workers at its plant in Neudörfl, Burgenland, in March 2009 due to a sharp decrease in assignments. Dozens more were put into part-time jobs to avoid further […]
All 45 jobs at a bankrupt Salzburg wood firm are safe, it emerged today (Weds).Liquidator Konrad Ferner said he told the 45 Salzburger Holzindustrie employees yesterday that they will all keep their jobs after he managed to find an investor willing to take over the broke company.Ferner said the Carinthian wood-processing firm Johann Weinberger won […]
Hofer Austria boss Johann Mörwald will join Aldi Süds “coordination board” by the end of this year, company officials announced today (Thurs).Mörwald has headed Hofer Austria the German discount supermarkets Austrian branch since 2008.Austrian newspapers claimed Hofer Switzerland chief executive Günther Helm will become new Hofer Austria head.Mörwald is meanwhile set to coordinate […]
Bankrupt electronic consumer goods chain Cosmos will be liquidated, it has been announced today (Fri).The Creditors Protection Association of 1870 (KSV 1870) said the decision was made after negotiators failed to find a “suitable follow-up solution” for the company which went bust earlier this year.KSV 1870 said the remaining articles would be sold at its […]
Real estate developer Warimpex fell deeply into the red last year, company bosses announced today (Weds).Franz Jurkowitsch, head of the Vienna-based firm that focuses on hotel development in Central and Eastern Europe (CEE), said it had lost 71.77 million Euros in 2009 compared to losses of 3.41 million Euros in the previous year.Jurkowitsch said that […]
Snowboard, surfing equipment and clothing chain Blue Tomato will open a 1,000-square-metre flagship store in Vienna this autumn.Company officials announced today (Weds) that renovation of a former Niedermeyer store on Neubaugasse in the citys Neubau district had already begun. The plan was to open the new shop in September, they added.The Styrian firm plans to […]
An internet search engine co-founded by an Austrian company has been sold to French yellow pages firm Pages Jaunes, it was announced today (Weds).Vienna-based firm i5invest and international enterprise GCP gamma capital partners, which has an office in the Austrian capital, founded 123people two years ago.The companies have remained tight-lipped about price, while German business […]
German car maker Volkswagen (VW) CFO Hans Dieter Pötsch has revealed that the company has been spending around 600 million Euros on car parts and other purchases in Austria every year.Pötsch said at a business event in Linz last night (Mon) evening that he was optimistic about business this year after an “extraordinarily difficult 2009”.VW […]
Austrian Federal Railways (ÖBB) supervisory board chief Horst Pöchhacker revealed today (Weds) the firms freight business department suffered operative losses of 100 million Euros last year.Pöchhacker said in a radio interview: “Turnover dropped by 500 million Euros due to the exceptional crisis last year, but we already managed to save around 400 million Euros.”He claimed […]