Schwedenbomben manufacturer is saved from insolvency

Categories
Business

Niemetz, the Austrian manufacturer of the “Schwedenbomben” confectionary, has been saved from insolvency. The creditors have agreed to the restructuring plan and will get a rate of 95 percent. An investor from South America will support Niemetz. The representatives of the creditors have not learned any details about the investor so far. The money (more […]

Bonbon Ball crowns Miss Bonbon 2013!

Categories
Culture

By Kathryn Quinn By far the sweetest date in the Vienna Ball calender – the Bonbon Ball took place this weekend. Without a doubt the highlight of the event is the Miss Bonbon vote – at the stroke of midnight the ten candidates who have been whittled down from over 180 possibles paraded onto the […]

Manner busier despite price hikes

Categories
Business

Tradition-rich sweets manufacturer Manner said today (Fri) it managed to increase its turnover by more than 10 per cent. The company, best known for its Manner Schnitten hazelnut cream wafers, announced a 10.3 per cent turnover rise from the first nine months of 2010 to 122.2 million Euros in the same time span of this […]

Firms urged to ┬┤Take Hay while the sun shines┬┤

Categories
Finance

Austria and Germany are enjoying an economic upturn – bouncing back following the crash in 2008 and recession of 2009.But despite the current positive economic news, companies are being warned of troubled times ahead, and the need to use the current positive situation as a chance to prepare for troubled times ahead.This was the message […]

Hay Group highlights modern threat to family firms

Categories
Business

When the world’s most famous Austrian abroad made his last film he could not resist a plug for his favourite snack. As a result in Terminator 3 the cyborg played by Austrian-born Schwarzenegger grabs a bunch of Manner wafers when shopping for food at the gas station in the desert – and the merciless killing […]

German jailed for blackmailing food firms

Categories
General News

A German has been sentenced to five years and 10 months in prison for blackmailing Austrian food companies.Markus Rewinski sent threatening e-mails to confectionery company Manner and delicatessen producer Wojnar’s last year. He also laced products of the Viennese firms and placed them on shelves in shops in Tyrol. Police stressed after arresting Rewinski last […]

CEE economies and expensive hazelnuts hurt Manner

Categories
Finance

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 […]