McDonald’s hit by ‘southerners surcharge’ spoof

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Business

McDonald’s has been struck by an internet prank claiming that the fast food chain is making surcharges to “Mediterranean-looking” customers.The e-mail – which aims to resemble an official McDonald’s Austria press release – has made the rounds on the World Wide Web in the past days.The note announces that clients “with a southern appearance” will […]

BA eyes HGAA takeover

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Finance

Bank Austria (BA) chief Willibald Cernko has revealed interest in Hypo Group Alpe Adria (HGAA).The banker said today (Weds) BA was interested in acquiring HGAA’s Austrian business. He explained: “We are talking about 60,000 customers here. It would be highly ignorant not to consider this.”Cernko stressed there were “many requirements” before a possible takeover. The […]

ECO Business earnings soar up

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Business

Real estate company ECO Business-Immobilien AG (ECO Business) has managed to double its earnings.The firm, which has its headquarters in Vienna, said today (Tues) its earnings before interest and taxes (Ebit) climbed from 12.4 million Euros in 2009 to 29.4 million Euros the next year. ECO Business added it made a profit of 9.1 million […]

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 […]

Hitzinger gets €8mn orders

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Business

Individual power supply solutions specialist Dipl.Ing. Hitzinger GmbH (Hitzinger) has received assignments worth eight million Euros.The Linz-based firm said today (Mon) it was contracted to produce and deliver interruption-proof energy systems worth six million Euros to various business clients across Europe. Hitzinger added it also received orders for emergency power supply devices worth around two […]

Cost-cutting Wolford reports rise in turnover

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Business

Bregenz-based textiles and tights manufacturer Wolford AG has managed to increase its turnover by more than six per cent.The company said today (Fri) its turnover climbed by 6.6 per cent to 120 million Euros in the first three quarters of the 2010/2011 business year compared to the same period of the previous business year.Its earnings […]

JoWooD combat continues as number of potential investors shrink

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Business

The future of JoWooD Entertainment AG (JoWooD) is uncertain as a previously possible investor made clear it no longer had an interest in pouring their money into the bankrupt computer games developer.Insolvency organiser Helmut Platzgummer said today (Fri) that one company, which was initially keen on investing in the firm, now explained it no longer […]

Air Berlin’s wings clipped in 2010

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Business

FlyNiki’s cooperation partner Air Berlin suffered an operative loss of nearly 10 million Euros last year.The airline said today (Fri) it recorded a loss before interest and taxes of 9.3 million Euros in 2010. Air Berlin achieved earnings before interest and taxes (Ebit) of 28.5 million Euros in 2009. Its turnover however climbed by 14.8 […]

AUA approaches black figures

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Business

Austrian Airlines (AUA) managed to reduce its losses last year.The struggling carrier suffered a loss of 64.7 million Euros in 2010, it was announced yesterday (Thurs). The airline stressed this was a significant improvement compared to the previous year’s loss of 230.9 million Euros.AUA, which reduced its workforce from more than 7,000 to around 5,900 […]

IRE snatches Austrian hotels

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Business

Leading hotel chain NH Hotels has sold two resorts in Austria in a bid to reduce its debts.Spanish media report today (Fri) that the Madrid-based company sold its hotel in Salzburg and at Vienna International Airport (VIA) to German firm Invesco Real Estate (IRE). The company, which has its headquarters in Munich, also acquired three […]