The Styrian mechanical engineering firm Andritz has secured a 50 million Euro deal in China. The stock-listed company is to deliver ovens and equipment for the “Tangshan Iron and Steel Group”. The new tempering lines are for the production of highly resistant steel goods to be used in the automobile industry. The Styrian firm will […]
Tag: turnover
Shipping season starts at Lake Bodensee
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This year’s shipping season on Lake Bodensee, Vorarlberg (Western Austria) will start this Friday. For this occasion, highlights of the upcoming season were presented. 500,000 passengers were transported last year. The Vorarlberg Lines achieved an increase in turnover of 16.6 percent in the last season. The company plans to beat this result this year: Managing […]
Westbahn: customers satisfied
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According to a new survey, customers of the “Westbahn” appear to be pleased with the new railway service, but criticise the low numbers of trains. The company aims to balance the accounts this year. As their competitor ÖBB does not present the figures of turnover and profit on the route Vienna-Salzburg, Westbahn did not present […]
Wolford facing a tight budget
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The listed Vorarlberg tights and lingerie manufacturer Wolford ended up making in the first quarter double the losses made in the same quarter last year. The deficit increased from minus €1.8 million to minus €3.2 million. In comparison with the EBIT results however turnover increased significantly by 4.1% to €33.1 million. That was due to […]
Job fears as Schlecker goes bust
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Around 3,000 people may lose their jobs in Austria as a leading drugstore chain declared itself bankrupt. It was reported last Friday that discounter Schlecker may be forced to stop operating due to declining turnover. The German company announced yesterday (Mon) it opted for starting controlled insolvency procedures in a bid to stay in business. […]
Manner busier despite price hikes
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Tradition-rich sweets manufacturer Manner said today (Fri) it managed to increase its turnover by more than 10 per cent. The company, best known for its Manner Schnitten hazelnut cream wafers, announced a 10.3 per cent turnover rise from the first nine months of 2010 to 122.2 million Euros in the same time span of this […]
P&C opening challenges H&M
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Peek & Cloppenburg (P&C) will narrow the gap to market leader Hennes & Mauritz (H&M) when it opens a new store in the heart of Vienna, a market analysis company has explained. RegioPlan said today (Tues) P&C’s share in the domestic fashion sector will improve thanks to the German company’s new 11,800-square-metre store in the […]
Crane manufacturer Palfinger AG has said it plans to get busier in Russia and China as its turnover and profit increased in the first half of this year. The Salzburg-based company announced today (Weds) its turnover shot up by 39.3 per cent from the first six months of 2010 to the same period of 2011 […]
Tool store chain Baumax has revealed it plans to set up 30 new stores in Turkey.The company which opened its third shop in the Eurasian country in the city of Izmir today (Weds) explained it could imagine opening around 30 representations in the long run. Baumax, which is based in Klosterneuburg near Vienna, […]
Air Berlin passenger figures up
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FlyNiki partner Air Berlin had around six per cent more customers in the first five months of this year than in the same period of 2010.The carrier which has been cooperating with Vienna-based FlyNiki since 2004 said yesterday (Mon) it recorded 12.95 passengers between January and May 2011. Air Berlin said this was […]