Bregenz-based textiles and tights manufacturer Wolford AG has managed to increase its turnover by more than six per cent.The company said today (Fri) its turnover climbed by 6.6 per cent to 120 million Euros in the first three quarters of the 2010/2011 business year compared to the same period of the previous business year.Its earnings […]
Tag: taxes
Österreichische Post AG (Post AG) has managed to increase its profit despite fewer letters being set in Austria.The state-owned postal services provider said today (Tues) its profit soared by 48.5 per cent to 118.4 million Euros from 2009 to 2010. Turnover however edged down by 0.2 per cent to 2.357 billion Euros.The company, which is […]
Alcohol tax increase bid flops
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Alcoholic drinks sold in pubs and restaurants in Linz will not become more expensive due to higher taxes after such plans by the Social Democrats (SPÖ) were snubbed by political rivals.The SPÖ department in the Upper Austrian city said today (Fri) the factions of Peoples Party (ÖVP), the Freedom Party (FPÖ), the Alliance for the […]
Fireproofing products maker RHI AGs earnings before interest and taxes (Ebit) could have been almost 150 per cent higher last year than in 2009, according to analysts.Market experts said today (Fri) that the Vienna-based firm which will present its annual business performance figures next Tuesday may have achieved Ebit of 134.5 million Euros […]
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 […]
T-Mobile Austria and DDB Tribal team up
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T-Mobile Austria has hired a new marketing agency.The Viennese company said today (Tues) that it will cooperate with DDB Tribal as of 1 March after a seven-year partnership with Publicis.DDB Tribal also works for T-Mobile Germany, Viennese brewery Ottakringer and German consumer products maker Henkel.Alexander Rosenegger of DDB Tribal in Vienna said: “Together we will […]
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) […]
Porsche assigns HTI
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Automotive industry supplier High Tech Industries AG (HTI) has been contracted to produce interior parts for the production of a Porsche model.The Upper Austria firm, which is based in St. Marien bei Neuhofen, announced today (Mon) that it has agreed with the German car maker to withhold the value of the order.HTI added its plant […]
Plaut opens Moscow office
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Austrian consulting group Plaut AG has opened an office in Moscow.The company, which has its headquarters in Vienna, said today (Mon) that the office in the Russian capital will be its fifth in Central and Eastern Europe (CEE).Plaut is quoted on the Frankfurt Stock Exchange (FWB). It achieved a turnover of 6.4 million Euros and […]
Technology firm High Tech Industries AG (HTI) is back in the black.The company headed by Peter Glatzmeier said today (Thurs) its earnings before interest and taxes (Ebit) were 3.3 million Euros in the first three quarters of this year. HTI suffered losses of 21.4 million Euros in the same period of 2009.Its earnings before interest, […]