Upper Austrian dairy Gmundner Molkerei has said it will close a plant in Freistadt after acquiring it less than four years ago.Gmundner Molkerei head Michael Waidacher announced yesterday (Weds) the 400 deliverers and 15 staff working at the site in Freistadt have already been informed. He added all of them have been offered to work […]
Tag: production
Fire-fighting equipment producer Rosenbauer is optimistic 2010 will be “a record year for us” despite earnings plunging last year.Firm officials said today (Fri) they expected all of its production capacities to be occupied this year due to the current positive order situation.Earnings before interest and taxes (Ebit) dropped by 26 per cent year on year […]
efko eyes Bulgarian partnership deal
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Upper Austrian fruit and vegetable producer efko is considering cooperating with a Bulgarian company as an increase in turnover is expected for this year.Company chief Gerald Hackl said today (Thurs) turnover rose by 16 per cent year on year to 118.3 million Euros in 2009, adding that another three-per-cent increase was expected for 2010.Hackl said […]
Brewing company Privatbrauerei Zwettl announced plans to invest five million Euros in its facilities this year to match the growing demand for its products.Firm chief Karl Schwarz said today (Fri): “The year 2010 will be a year of investments for us. Well spend an overall five millions on the companys infrastructure.”Schwarz fifth generation head […]
Lenzing to invest more in expansion
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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 […]
Lenzing 2009 earnings crash
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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 […]
OMV finds gas in southern Tunisia
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Austrian oil and gas producer OMV announced today (Tues) it had discovered natural gas and gas condensate during exploratory drilling in southern Tunisia.OMV said the find had occurred at the Fella-1 field there.OMV board member Helmut Langanger said: “The series of very promising finds in exploration block Jenein South has strengthened our resolve to continue […]