Porr still feels the crunch

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Business

Construction sector giant Porr AG’s earnings shrank by more than a fifth last year.The company announced today (Fri) that it achieved earnings before interest and taxes (Ebit) of 49.1 million Euros in 2010, down from 64 million Euros the year before.Porr argued that it has been feeling the most recent recession – which broke out […]

Huber happy as turnover jumps

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Business

Götzis-based clothes producer Huber Holding AG (Huber) has managed to achieve a higher turnover and earnings last year than in 2009.The Vorarlberg company said today (Mon) its turnover rose by 3.8 per cent to 101.3 million Euros, while earnings before interest and taxes (Ebit) soared from 2.7 million Euros in 2009 to 4.7 million Euros […]

RHI earnings up sharply

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Business

Viennese technology and fireproof products maker RHI AG achieved earnings of nearly 140 million Euros last year.The company – which presented preliminary annual figures earlier this month – said today (Tues) its earnings before interest and taxes (Ebit) soared by 75.7 per cent to 138.8 million Euros from 2009 to the following year. RHI added […]

Energie Steiermark turnover climbs

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Business

Graz-based energy company Energie Steiermark AG managed to increase its turnover and earnings last year.The firm announced today (Weds) its turnover rose by 14 per cent to 1.25 billion Euros in 2010 compared to the previous year, while earnings before interest and taxes (Ebit) climbed from 49.7 million Euros in 2009 to 69.8 million Euros […]

AUA gets €50mn earnings command

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Business

German aviation giant Lufthansa expects its affiliated firm Austrian Airlines (AUA) to achieve earnings of 50 million Euros this year, it has been claimed.Business newspapers in Austria and Germany reported today (Thurs) that bosses of the German airline told AUA’s board they want to see it make operative earnings of 50 million Euros in 2010. […]

Unlucky robber’s casino heist flops

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General News

A hapless robber fled empty-handed from a casino in Vienna after finding the owner had just paid all the gamblers their winnings, leaving the till empty.Police in Vienna-Donaustadt said today (Weds) the unidentified man, who is being sought, was armed with a knife in the incident which occurred at a small local casino yesterday. They […]

EVN earnings climb as equity ratio drops

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Business

Energy provider EVN AG managed to increase its earnings in the past business year.The Lower Austrian company said today (Thurs) that its earnings before interest and taxes (Ebit) jumped by 6.9 per cent year on year to 187.3 million Euros in the 2009/2010 business year which ended on 30 September.The firm’s turnover edged up by […]

Plaut opens Moscow office

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Business

Austrian consulting group Plaut AG has opened an office in Moscow.The company, which has its headquarters in Vienna, said today (Mon) that the office in the Russian capital will be its fifth in Central and Eastern Europe (CEE).Plaut is quoted on the Frankfurt Stock Exchange (FWB). It achieved a turnover of 6.4 million Euros and […]

Pankl turnover edges down

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Business

Engine producer Pankl Racing Systems AG has announced a slight drop in turnover.The company, which is based in the Styrian town of Bruck an der Mur, said today (Thurs) its turnover shrank by 1.35 million Euros year on year to 87.55 million Euros in the 2009/2010 business year which ended in September.The firm’s earnings before […]

Polytec sackings ahead

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Business

Car industry supplier Polytec is considering laying off staff despite a rise in earnings and turnover.The Upper Austrian company, which has its headquarters in Hörsching near Linz, said today (Weds) that company turnover rose by 26.9 per cent to 550.2 million Euros year on year in the first nine months of 2010.Polytec added earnings before […]