Baumit International managed a year on year turnover increase in 2010.The company, which is based in Waldegg, Lower Austria, said today (Fri) that its turnover soared by 10 million Euros to 790 million Euros in 2010. The construction material firm does business in 29 countries in Central and Eastern Europe (CEE).Baumit International said it recently […]
Tag: International
Spar Austria has announced that it has managed to increase its market share.The Salzburg-based firm said today (Thurs) that its share in the Austrian supermarket business rose by one per cent to 29.5 per cent last year thanks to a 4.5 per cent turnover jump to 5.15 billion Euros.Spar Austria is the second-biggest foodstuff shop […]
TUI Travel, Europes leading travel company, is bracing for immense losses due to the riots in Egypt.TUI Austria, the German companys Austrian subsidiary, announced today (Thurs) that the whole company is expecting to make a loss of between 29 million and 35 million Euros in the first quarter of 2011 due to the thousands of […]
GM Austria gets 50mn injection
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A factory in Vienna has produced the 20-millionth gearbox for General Motors (GM), it emerged today (Thurs).GM Powertrain Austria boss Rudolf Hamp said GM decided to pour an additional 50 million Euros in the plant in Donaustadt district to improve the production process after the 20-millionth gearbox left the conveyor belt earlier this week.Hamp said […]
Oil and gas company OMV has withdrawn most of its staff from Tunisia, it has been reported.Dozens of people have died since last week when thousands of citizens took to the streets to demonstrate against the North African countrys regime.OMV told the Salzburger Nachrichten newspaper today (Thurs) that 54 of its 66 employees have preliminary […]
An Austrian Airlines (AUA) plane is to undergo investigation after pilots were incorrectly informed about problems with the landing gear on Sunday night.The company said today (Tues) the pilots of the Fokker 100 jet which departed from Vienna International Airport (VIA) informed the 81 passengers to prepare for a possible landing operation without an operating […]
Stronach to board Jetalliance
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Austrian businessman Frank Stronach is set to become involved with a Lower Austrian airline, it has emerged.Jetalliance boss Lukas Lichtner-Hoyer told the WirtschaftsBlatt newspaper today (Thurs) he was “delighted” at having managed to win Stronach as an investor.The Kottingbrunn-based business charter aviation firm merged with Magna Air, a subsidiary of Magna International, 10 years ago.Stronach […]
Penny products range rises
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Discount supermarkt Penny has added 100 new products to its range.The no frills supermarket chain said today (Weds) around 1,500 different items were now on sale at its nearly 300 stores across Austria including branded articles like Wieselburger beer and Meinl coffee.Penny, previously named Penny Markt, is part of German Rewe Groups Austrian subsidiary Rewe […]
Roger Moore to visit Austria
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Former “James Bond” star Roger Moore will visit Vienna this weekend, it has been announced.PR agents of the legendary actor announced today (Tues) that he will arrive at Vienna International Airport (VIA) on Friday.Moore, who will stay at Hotel Sacher, is due to attend the Christmas market in front of the capitals city hall on […]
Austria ‘ups anti-terror measures’
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Safety measures to protect Austrias political elite have been increased following the discovery of several mail bombs addressed to European leaders.Greek left-wing activists are suspected of having posted explosives addressed to German Chancellor Angela Merkel and Italian Prime Minister Silvio Berlusconi.Terror experts have stressed that the attempted attacks were not in any way related to […]