Spar Austria reports turnover increase

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Business

Spar Austria’s turnover edged up year on year in the first six months of 2010, it has been announced.The company announced today (Mon) net turnover rose from 2.35 to 2.44 billion Euros, adding that earnings before interest and taxes (Ebit) improved from 36 to 39 million Euros.Spar Austria also said earnings before interest, taxes, depreciation […]

Supermarket chain launches hydro power cooperation

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Business

Customers of an Austrian supermarket chain will be able to order hydro energy supply while buying their foodstuff.Bosses at Merkur said today (Tues) shoppers would be offered contracts with Styrian provider Unsere Wasserkraft, a subsidiary of Energie Steiermark, at its shops as of now.Merkur is part of the German Rewe Group which also includes market-leading […]

Austrian Peter Löscher named top-earning German company boss

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Business

An Austrian has been named as the best paid CEO among German companies listed by the country’s stock market index DAX in “crisis year” 2009.Villach-born Siemens boss Peter Löscher earned more than seven million Euros in the last year, according to a report by business newspaper Handelsblatt. He took over at Siemens in 2007.The German […]

Greenpeace backing CO2 seals for foodstuffs

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Green Austria

By Lisa ChapmanGreenpeace Austria has said it is in talks with supermarket chains over the placement of CO2 seals on food products.The environmental group announced today (Thurs) it was talking to retail bosses about the seals – small labels stating how much CO2 was consumed in production of a good – which it claimed consumers […]