Brewing company Privatbrauerei Zwettl announced plans to invest five million Euros in its facilities this year to match the growing demand for its products.Firm chief Karl Schwarz said today (Fri): “The year 2010 will be a year of investments for us. Well spend an overall five millions on the companys infrastructure.”Schwarz fifth generation head […]
Tag: Euro
‘Fest der Pferde’ show jumping is history
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There will be no more editions of the “Fest der Pferde” (Horse Festival) show jumping tournament, it has been announced.Organiser Peter Nidetzky said today (Weds) the decision to close the show, which would have celebrated its 25th anniversary this year, was based on soaring costs and the departure of several important sponsors.He explained it had […]
OMV profit falls by more than half
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Austrian oil and gas producer OMV reported today (Thurs) that its net profit had declined by 58 per cent year on year to 572 million Euros in 2009.Turnover fell by 30 per cent year on year to 17.92 billion Euros last year. Analysts had expected a decline of 26.5 per cent in turnover and 65.2 […]
Lohan payback sorted, Lugner claims
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“Mean Girls” star Lindsay Lohan is to be forced to pay back a speculated 200,000 Euro fee she took for attending the Vienna Opera Ball with a veteran playboy and then failed to turn up.The 23-year-old actress was due to be guest of honour at the posh Viennese bash, but was so late for the […]
OMV finds gas in southern Tunisia
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Austrian oil and gas producer OMV announced today (Tues) it had discovered natural gas and gas condensate during exploratory drilling in southern Tunisia.OMV said the find had occurred at the Fella-1 field there.OMV board member Helmut Langanger said: “The series of very promising finds in exploration block Jenein South has strengthened our resolve to continue […]
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 […]