Central and Eastern European (CEE) economies in trouble and expensive hazelnuts are hurting Viennese sweets producer Manner financially.The firm reported today (Weds) that its turnover declined by 6.7 per cent year on year to 35.8 million Euros in the first quarter of 2010. Turnover declined substantially in Slovenia, Hungary and Croatia and also fell in […]
Tag: firm
US pharmaceutical firm Baxter will expand its operations in Vienna and Orth an der Donau, Lower Austria, the Lower Austrian Economic Councillor Petra Bohuslav has said.The statement came today (Fri) following her return from a visit to Chicago, Illinois, where Baxter Internationals headquarters are located.Since Baxters Austrian locations were its most important in the area […]
The deadly bacteria listeria detected in a batch of smoked trout yesterday was “an isolated case”, the firm Eisvogels chief Hubert Bernegger claimed today (Fri).He said the firm, based in Molln in Upper Austrias Kirchdorf district, was maintaining all appropriate hygienic standards in its production and had spent more than 60,000 Euros annually in micro-biological […]
Austrian oil and gas producer OMVs chief Wolfgang Ruttenstorfer has said he expects his firm to have much better results this year than in 2009.Ruttenstorfer said today that predictions were difficult at present, especially given the recent sharp decline in the price of OMVs stock, but said the plunging Euro would be “positive” for the […]
The cancellation of 3,500 flights due to the Europe-wide air traffic shutdown slashed passenger figures of FlyNikis partner Air Berlin last month.The Berlin-based firm, which has a 49.9 per cent interest in Niki Laudas company, said today (Thurs) year on year passenger figures plummeted by 16.5 per cent to 2,065 million in April.Air Berlin said […]
Raid at VIA over Skylink scandal
Categories
Lower Austrian prosecutors have raided offices at Vienna International Airport (VIA) today (Thurs).Korneuburg state prosecutor Friedrich Köhl said dozens of documents have been confiscated. “It will probably take several weeks to examine them,” he added.A spokesman for Flughafen Wien AG, the company managing VIA, claimed none of their offices were searched. He added it had […]
Signa buys Vienna’s IZD Tower
Categories
Signa Holding added another high-profile property to its portfolio this week as the real estate firm bought the IZD Tower in Vienna-Donaustadt.Signa boss Benko said yesterday (Weds) his company paid British fund Matrix 212.25 million Euros for the skyscraper located near Vienna International Centre. Matrix paid 247 million Euros when it acquired the building four […]
Magna ends Graz plant part-time scheme
Categories
Thousands of workers at Magnas Graz plant are back in full-time work as the car industry supplier registered a sharp increase in orders.Around 4,500 staff were put into an 18-month part-time model to avoid sackings.Workers Union official Thomas Stoimaier said today (Fri): “The companys order situation is currently very good and this is why it […]
EE business lets Teekanne turnover brew
Categories
Prospering business in Eastern Europe (EE) served up a record turnover for Austrian tea producer Teekanne in the past business year.Bernhard Zoller, who heads the Salzburg-based firm, said overall 2009/2010 turnover soared by 8.2 per cent to 96.4 million Euros.Zoller said Teekanne would continue to expand in EE after becoming market leader in the Czech […]
Bosses at Styrian printing company Leykam Let’s Print announced today (Fri) they were looking for new staff after seeing order value rise again.The firm had to dismiss ten workers at its plant in Neudörfl, Burgenland, in March 2009 due to a sharp decrease in assignments. Dozens more were put into part-time jobs to avoid further […]