Austrian consulting group Plaut AG has opened an office in Moscow.The company, which has its headquarters in Vienna, said today (Mon) that the office in the Russian capital will be its fifth in Central and Eastern Europe (CEE).Plaut is quoted on the Frankfurt Stock Exchange (FWB). It achieved a turnover of 6.4 million Euros and […]
Tag: interest
EVN completes capital increase
Energy producer EVN AG has finalised its capital increase.The Lower Austrian company, which is listed on the Vienna Stock Exchange (WBAG), said today (Mon) it expected proceeds from the move to be around 180 million Euros.The Lower Austrian government is the main stakeholder in the Maria Enzersdorf-based firm with a 51 per cent interest.German energy […]
Greek challenge hits TA’s Serb bid
Telekom Austrias (TA) efforts to acquire a majority of Serbias state-owned telecommunications company have suffered a significant throwback.The countrys federal Minister of Telecommunications and Information Society Jasna Matic confirmed reports that the government has been in talks with Greek firm OTE over the purchase of a 20 per cent share in Telekom Srbija.TA was being […]
TA seen in pole position for Serb snatch
Telekom Austria (TA) are considered favourites to take over a majority stake in Telekom Srbija.The Austrian company confirmed today (Fri) it has been looking at the tender papers for the planned sale of a 50 per cent interest in the Serbian telecommunications provider.France Telecom, Germanys Deutsche Telekom and Egyptian firm Orascom Telecom are also interested […]
Sewer pipes hotel a hit
An extraordinary hotel in Upper Austria is drawing the masses by offering rooms inside giant sewer pipes.The Parkhotel in Ottensheim has become an international attraction by turning the pipes into two-bed suites.The resort has seen interest soaring after being presented on www.unusualhotelsoftheworld.com and other websites.>> www.dasparkhotel.net
Serbia upset as TA eyes Kosovan firm
Telekom Austria (TA) confirmed today (Tues) it was interested in snatching a stake in a Kosovan telecommunication firm.A spokesman for TA, which leads the Austrian mobile services market, announced the company was one of five firms which have informed the Kovovan government of their interest in the 75 per cent share of state-owned PTK on […]
Spar Austria reports turnover increase
Spar Austrias turnover edged up year on year in the first six months of 2010, it has been announced.The company announced today (Mon) net turnover rose from 2.35 to 2.44 billion Euros, adding that earnings before interest and taxes (Ebit) improved from 36 to 39 million Euros.Spar Austria also said earnings before interest, taxes, depreciation […]
TA ‘interested in Telekom Srbija’
Telekom Austria (TA) is engaged in a bidding war for Serb telecommunications firm Telekom Srbija, according to reports.Belgrade daily Politika claims today (Fri) that the Austrian market leader has interest in taking a 50 per cent stake in the company from the Serb government. The report also has it that Germanys Deutschen Telekom, Egyptian firm […]
T-Mobile Austria suffered a decline in turnover in spite of more customers in the first half of this year.The company the second-biggest mobile services provider in Austria after Mobilkom Austria said today (Thurs) that turnover edged down by 5.9 per cent between January and June of 2010 compared to the same time span […]
Vorarlberg textiles producer Wolford has managed to double its earnings year on year, it has emerged.Company officials said today (Fri) earnings before interest and taxes (Ebit) soared from 2.18 million Euros in the 2008/2009 business year to 4.5 million Euros in the past business year.They added that Wolford, which is headquartered in Bregenz, had now […]