Owners of service stations next to motorways in Austria will be able to demand a fee for the use of their toilets, starting in April. Using the toilet will cost 0,50 Euros but there will be a service in return. Owners of service stations have argued for a long time that many people use their […]
Tag: Stock
Three thieves are set to celebrate a good Christmas after breaking into a gourmet butchers and making off with the entire stock of a half a ton of speciality meats, including deer, pheasant and wild duck. The crooks also stole several bottles of vintage wine after breaking into the store room in Vienna’s posh Naschmarkt. […]
EVN turnover slides
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The turnover of electricity and gas provider EVN AG has dropped slightly, new figures show.The Lower Austrian company said today (Thurs) it achieved a turnover of 1.63 billion Euros in the first half of the 2010/2011 business year, 0.3 per cent less than in the same period of the previous business year.EVN added that its […]
Businessmen accused of having masterminded a multimillion-Euro financial market manipulation scheme have been arrested in Austria.The Vancouver Sun newspaper reports today (Fri) that ex-stock newsletter editor Pascal Geraths and Canadian stock promoter Aly Babu Mawji were put in custody in Salzburg and Vienna respectively.German prosecutors, who are currently investigating the potentially illegal stock market activities, […]
Cat Oil reports sky-high profit
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CAT Oil AG has managed to double its profit.The Austrian company which produces and offers services for the equipment for the oil and gas industry said today (Thurs) its net profit soared from 8.4 million Euros in 2009 to 19.5 million Euros the next year. Cat Oils turnover edged up by 0.3 per […]
OMV has discovered an enormous gas field in Australia.The Austrian energy sector giant said today (Thurs) the amount of gas suspected in the Zola 1 exploration zone on the north-western Australian coast may be enough to cover the whole of Austrias demand for four to five years. OMV which cooperates with international companies in […]
Serbia extends deadline for TA
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Telekom Austria AG (TA) has been given more time to improve its offer to take over a leading Serbian mobile services firm.The Serbian government which holds 80 per cent in Telekom Srbija said yesterday (Tues) it decided to give TA the chance to increase their takeover bid until 3 May.The Viennese telecommunications provider […]
Semperit share value drives upwards
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Semperit AG Holding (Semperit) shares soared in value today (Tues).As of 2pm, one stock in the rubber and synthetics industry company was traded at 40.81 Euros, up by 1.56 per cent. Semperit is based in Vienna and part of the German Continental AG group, a leading producer of tyres.Vienna-based fireproof products maker RHI AG also […]
BWT presents bright 2010 figures
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Water processing and preparation company Best Water Technology AG (BWT) said today (Fri) that its turnover jumped by 15 per cent to 460.7 million Euros year on year in 2010.The company, which is based in the Upper Austrian town of Mondsee, added its earnings before interest and taxes (Ebit) improved by 17.4 per cent to […]
Polytec achieves turnaround
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Automotive industry supplier Polytec Holding AG (Polytec) managed to get back in the black last year, according to preliminary figures.The Hörsching-based firm said today (Thurs) that preliminary results suggest that the annual turnover rose by 27 per cent year on year to 770 million EurosPolytec added its earnings before interest, taxes, depreciation and amortisation (Ebitda) […]