An Upper Austrian food industry company has purchased a Zielpunkt stake of nearly 25 per cent. The Traun-based Pfeiffer Group announced yesterday (Thurs) it acquired a 24.9 per cent interest in its Viennese rival. The company, which concentrates on the management of supermarkets in Upper Austria, did not say how much it paid for the […]
Rewe Austria has managed to increase its market share, according to a report issued by the company. Rewe Austria boss Frank Hensel said yesterday (Thurs) that his firm – which manages leading supermarket Billa, discounter Penny and other chains – had a domestic market share of 35 per cent last year. “We managed to keep […]
Austria’s leading supermarket chains have reduced the number of their shops in the past years, a survey has found. Market analysis company RegioData said today (Thurs) the country’s strongest supermarket companies currently run 5,000 shops, down from 5,700 in 2004. The agency explained market leader Billa, Spar Austria and other firms were trying to optimise […]
Bosses of leading supermarket chain Billa have revealed plans to raise some prices.Billa board member Josef Siess said today (Fri) it would be “illusory” not to implement increases considering current international developments. Various foodstuff and raw materials have become more expensive in the past months, developments speculators have been accused of by many economists and […]
Discount supermarkets in Austria are struggling to increase their market share, it has been reported.Austrian agricultural branch authority Agrarmarkt Austria (AMA) announced today (Weds) Hofer and Lidl had an overall market share of around 20 per cent. AMA explained the chains the two leading low-price foodstuff retailers in the country grew strongly between […]
Leading supermarket company Rewe International AG said its turnover in Austria soared at over seven billion Euros last year.The company, which handles the Austrian business activities of the German Rewe Group, said today (Fri) that it achieved a turnover of 7.04 billion Euros in 2010, up by 1.83 per cent compared to 2009.Rewe International said […]
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 […]
Rewe Group boss Frank Hensel has praised Russia as an “extremely dynamic market”.Hensel said today (Thurs): “We would carry out our expansion there twice as fast if we could, but there are always some problems with property ownership issues. Russia is an extremely dynamic market though.”The German company currently runs 68 Billa supermarkets in the […]
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 […]
Adeg has started operating its first petrol station shop in Austria.The Pein Energy station store in the Styrian town of Mureck offers around 1,000 products from the chains range. Shop manager Susanne Pein claimed most products were “almost as cheap as in supermarkets”, adding that her shops big benefit was its longer opening times. The […]