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 […]
Tag: manufacturer
Wolford facing a tight budget
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The listed Vorarlberg tights and lingerie manufacturer Wolford ended up making in the first quarter double the losses made in the same quarter last year. The deficit increased from minus €1.8 million to minus €3.2 million. In comparison with the EBIT results however turnover increased significantly by 4.1% to €33.1 million. That was due to […]
Huber happy as turnover jumps
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Götzis-based clothes producer Huber Holding AG (Huber) has managed to achieve a higher turnover and earnings last year than in 2009.The Vorarlberg company said today (Mon) its turnover rose by 3.8 per cent to 101.3 million Euros, while earnings before interest and taxes (Ebit) soared from 2.7 million Euros in 2009 to 4.7 million Euros […]
An energy sector group and a lighting systems manufacturer are tied for first place in a survey assessing how Austrian businesses use their homepages to hire the best-qualified staff.Milan-based corporate communications consultancy Lundquist announced today (Mon) oil and gas firm OMV and Dornbirn-based Zumtobel headed the first Austrian edition of its Employer Branding Online Awards.OMV, […]
Zumtobel shines as turnover jumps
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Lighting systems producer Zumtobel AG has managed to improve its turnover by more than 10 per cent.The company, with its headquarters in the Vorarlberg city of Dornbirn, said today (Mon) it achieved a turnover of 908.9 million Euros in the first three quarters of its 2010/2011 business year. The firm emphasised this was a 10.2 […]
Duropack to acquire Belisce
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Vienna-based packaging company Duropack is reportedly planning to take over Croatian paper and plastic products manufacturer Belisce.The Zagreb stock exchange announced yesterday (Thurs) that Duropack would make an offer for all Belisces shares it does not already own. The Austrian firm has 26.7 per cent of them.Duropack purchased 20 per cent of Belisces shares two […]