German car maker Volkswagen (VW) CFO Hans Dieter Pötsch has revealed that the company has been spending around 600 million Euros on car parts and other purchases in Austria every year.Pötsch said at a business event in Linz last night (Mon) evening that he was optimistic about business this year after an “extraordinarily difficult 2009”.VW […]
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Family-owned German clothing chain Peek & Cloppenburg (P&C) said today (Weds) it would continue expanding in Austria.The firm recently opened a 5,000 square metre store at the Tyrol shopping centre in Innsbruck and today opened a 6,700 square metre store at Shopping City Süd (SCS) in Vienna-Vösendorf. P&C is planning to open one at Viennas […]
Childrens car seat producer Maxi-Cosi announced yesterday (Mon) that it was recalling all of its FamilyFix car seats produced before 3 March 2010.The firm said a mechanical problem in the seat made it impossible to guarantee maximum safety in case of a traffic accident. The firm said the problem had been discovered during a routine […]
Lenzing 2009 earnings crash
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Upper Austrian fibre producer Lenzing AG reported today (Thurs) that its results had been significantly worse in 2009 than in 2008.Lenzing said its earnings before interest and taxes (Ebit) had declined by 23 per cent year on year to 100.7 million Euros and its earnings before interest, taxes, deprecation and amortisation (Ebitda) had fallen by […]
There were serious deficiencies in food controls last year in Styria, the free Styrian weekly newspaper Woche claimed yesterday (Tues).Woches report comes in the wake of news about Styrian firm Prolactal, which produced the deadly Quargel cheese last year resulting in the deaths of 10 people in Austria and Germany.Woche said lack of personnel had […]
Andritz to buy German KMPT
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Styrian industrial plant producer Andritz-AG said today (Tues) that it would buy German machine builder KMPT AG based in Vierkirchen.Andritz added that it would soon sign a contract for the acquisition of KMPT and its subsidiaries in England, France, Italy, China and the USA.Andritz said the acquisition would strengthen its environment & process business division […]
Hirsch Servo sinks deeper into the red
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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 […]
Styriagra producer goes bust
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The company Firma Mandl Exclusiv owned by Styriagra producer Richard Mandl has entered bankruptcy proceedings, according to the Alpine Land Creditors Association (AKV).It reported yesterday that the firm in Krottendorf in Styrias Voitsberg district had debts of 395,000 Euros and that Voitsberg attorney Wolfgang Klobassa would be bankruptcy administrator.A recent ruling by Vienna Commercial Court […]
Twelve people have been hospitalised with listeria infections, nine of them having become ill after eating deadly Quargel cheese produced by Styrian firm Prolactal GmbH.The Austrian Agency for Health and Food Safety (AGES) reported the news today (Weds), adding that the 12th confirmed case was that of a 74-year-old man from Upper Austria who had […]
Czech Prime Minister Jan Fischer called yesterday (Mon) evening for a full investigation of the Czech Defence Ministrys purchase of 107 Austrian Pandur II light wheeled tanks in 2009.The ministry bought them from Upper Austrian firm Steyr-Daimler-Puch Spezialfahrzeuge (SSF) for 559 million Euros. The Czech newspaper Mlada fronta Dnes has reported that SSF bribed Czech […]