Strabag boss Hans Peter Haselsteiner said today (Weds) his company wanted to protect itself from volatile cement market prices as the firm is set to cooperate with the cement productions world market leader.Haselsteiner and Bruno Lafont, head of French firm Lafarge, announced yesterday the companies joint venture will start doing business by the beginning of […]
Austrian Erste Group’s Romanian subsidy Banca Comerciala Romana (BCR) had a decline of 26.4 per cent in net profit in the first quarter of this year, according to company data released today (Fri).Net profit amounted to 58.7 million Euros, down by around 26.4 per cent compared to the first quarter of 2009.The reason was much […]
Prospering business in Eastern Europe (EE) served up a record turnover for Austrian tea producer Teekanne in the past business year.Bernhard Zoller, who heads the Salzburg-based firm, said overall 2009/2010 turnover soared by 8.2 per cent to 96.4 million Euros.Zoller said Teekanne would continue to expand in EE after becoming market leader in the Czech […]
Hermine Brummeir is set to become Upper Austrias oldest library member as she prepares to celebrate her 100th birthday.The century-old Librarian at the public library in Wels, Upper Austria, is still spry and for more than 40 years has been checking out books, especially detective stores which are her special passion.She also does dozens of […]
Upper Austrian fibre producer Lenzing AG announced today (Mon) that it would invest an additional 78 million Euros in expansion of its facilities in Nanjing, China, and Lenzing, Upper Austria.It added that half of its fibre production capacity would be located in Asia after the expansion. It announced the investment of 120 million Euros in […]
More than two thirds of Austrians back so-called study fees and admission tests at the countrys universities and other higher educational institutions, a new poll has shown.Public opinion research agency Market said today (Weds) 68 per cent of the 704 Austrians aged 15 and older who had been polled had said they were in favour […]
Upper Austrian fibre producer Lenzing AG reported today (Thurs) that its results had been significantly worse in 2009 than in 2008.Lenzing said its earnings before interest and taxes (Ebit) had declined by 23 per cent year on year to 100.7 million Euros and its earnings before interest, taxes, deprecation and amortisation (Ebitda) had fallen by […]
Austrian-Czech mineral water bottler Waldquelle reported today (Weds) it had raised the amount bottled by seven per cent year on year to 120 million litres in 2009.The firm said its turnover had increased by 8.7 per cent year on year to 21 million Euros last year.Waldquelle chief Herbert Czech claimed that Waldquelle had the second-largest […]