Hirsch Servo turnover climbs

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Business

Glanegg-based machine manufacturer Hirsch Servo AG has achieved a significant turnover increase.The Carinthian company said today (Fri) that its turnover improved by 20 per cent to 47 million Euros in the first half of the 2010/2011 business year. Its earnings before interest and taxes (Ebit) reached 620,000 Euros after losses of 2.19 million Euros in […]

Hirsch Servo recovers from crunch effects

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Business

Carinthian machine and packaging manufacturer Hirsch Servo AG managed to reduce its losses in the past business year.The company said today (Fri) it suffered net losses of 6.2 million Euros in the 2009/2010 business year, down by 4.5 million Euros year on year.Hirsch Servo, which managed to keep its turnover stable at around 86 million […]

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 […]

Salzburg Festival fraudster cannot yet be questioned

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Culture

The former technical director of the Salzburg Easter Festival (Osterfestspiele) cannot yet be questioned by the public prosecutor’s office over fraud, his lawyer Leopold Hirsch said today (Thurs).Klaus Kretschmer, whom an audit has found solely responsible for embezzlement of up to 800,000 Euros from the Festival since 2006, is recovering from a jump from a […]