VIA earnings and passenger numbers down year on year in 2009

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Business

Vienna International Airport’s (VIA) turnover and earnings dropped in 2009 in a year overshadowed by the revelation that the cost of construction of a new terminal may double.The Austrian Audit Office (RH) is examining VIA’s books after the press reported that the cost of building the new “Skylink” terminal could reach 830 million Euros instead […]

TA to buy rest of its Belarussian subsidiary

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Business

Telekom Austria (TA) is planning to buy the remaining 30 per cent interest in its Belarussian subsidiary Velcom at the end of 2010, according to today’s (Tues) edition of the newspaper WirtschaftsBlatt.According to the paper, the remaining interest might cost as much as 500 million Euros and that TA would buy it from Austrian industrialist […]

Hirsch Servo sinks deeper into the red

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Business

Carinthian machine and packaging manufacturer Hirsch Servo AG reported today (Fri) that it had sunk deeper into the red in the first half of its 2009/2010 business year (1 July to 30 June).The firm said its losses had increased by 0.25 per cent year on year to 2.19 million Euros and its turnover had declined […]

UNIQA sees drop in earnings

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Business

Insurance firm UNIQA today (Tues) reported a drop in operating earnings.The company said its operating earnings had fallen 9.5 per cent from 90 million Euros in 2008 to 81.5 million Euros in 2009.It added, however, that its 39.5 million Euros in operating earnings in the fourth quarter of 2009 had been the highest quarterly figure […]