Upper Austrian windows and doors producer Josko is to remain the main sponsor of Bundesliga side SV Ried, it was announced today (Fri).The company, based in Koping im Innkreis, has financially supported the football club for eleven seasons.Oberösterreichische Versicherung insurance company meanwhile said it will also stay on board as SV Ried sponsor.The team, currently […]
Vienna-based packaging company Duropack is reportedly planning to take over Croatian paper and plastic products manufacturer Belisce.The Zagreb stock exchange announced yesterday (Thurs) that Duropack would make an offer for all Belisces shares it does not already own. The Austrian firm has 26.7 per cent of them.Duropack purchased 20 per cent of Belisces shares two […]
Viennese catering company DO&CO said its turnover slumped in the first three quarters of the current 2009/2010 business year while profit soared.The company, headed by Attila Dogudan, announced today (Thurs) earnings before interest and taxes (Ebit) rose by 7.6 per cent to 26.08 million Euros.The firm, which runs restaurants and manages the catering for several […]
Austrian consumer electronics chain Cosmos is bankrupt after failing to obtain a forced settlement with creditors, according to the Alpine Land Credit Protection Association (AKV).It said prospective investors had decided to take a significantly reduced part of the Cosmos chain, 10 of its 27 stores would be closed and 400 workers would lose their jobs.Bankruptcy […]
Austrian building materials retailer BauMax will open four new stores in Romania this year, the company announced yesterday (Thurs).A new shop is going to open in Bucharest on 25 February at the new Sun Plaza shopping mall, which is being developed by Erste Groups real estate subsidiary Sparkassen Immobilien AG.Other stores will open in the […]