Polytec sackings ahead

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Business

Car industry supplier Polytec is considering laying off staff despite a rise in earnings and turnover.The Upper Austrian company, which has its headquarters in Hörsching near Linz, said today (Weds) that company turnover rose by 26.9 per cent to 550.2 million Euros year on year in the first nine months of 2010.Polytec added earnings before […]

Quanmax equity and earnings jump

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Business

Notebook producer Quanmax has managed to raise its equity in the first three quarters of this year.The Upper Austrian company, which was formerly named Gericom, announced today (Thurs) that its equity soared from 18.1 million Euros in December 2009 to 32.7 million Euros. This amount means the firm currently has an equity ratio of 52 […]

DO&CO turnover takes off

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Business

Austrian caterer DO&CO managed to raise its turnover and earnings in the first half of the current business year.The company, which is headed by Attila Dogudan, said today (Tues) its turnover soared by 21 per cent year on year between April and September 2010 to 222.7 million Euros. It added earnings before interest and taxes […]

Rosenbauer bags Asian order

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Business

Fire-fighting equipment producer Rosenbauer International AG has been contracted by an Asian company to deliver 21 fire trucks.The Upper Austrian firm, which is based in Leonding, said today (Thurs) it was assigned by the internationally-operating UMW Group to produce 21 fire engines worth an overall 17.4 million Euros for Malaysia Airport Holding Berhad (MAHB).Rosenbauer’s turnover […]

Sport 2000 recovers

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Business

The sport shop association Sport 2000 is back in the black, it has emerged.The company – a cooperation of 272 businessmen running 242 stores – said today (Mon) its earnings in the 2009/2010 business year, which ended on 30 April, were 1.006 million Euros.Sport 2000, whose headquarters are in the Upper Austrian town of Ohlsdorf, […]

Neckermann struggles as Quelle relaunch ahead

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Business

Mail order company Neckermann Versand Österreich AG suffered losses of more than eight million Euros last year, according to reports from today (Weds).Viennese newspaper Der Standard claims the firm – a subsidiary of German mail order giant Neckermann – also suffered a four million Euro year on year decline in turnover to 84 million Euros […]

Furniture trade flourishes

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Business

The Austrian furniture retail trade grew for a sixth year in a row in 2009, a market analysis expert has revealed.RegioPlan official Michael Oberweger announced today (Thurs)that the sector managed to increase turnover by 1.6 per cent last year compared to the 2008 business figures.Oberweger said he expected the furniture retail sector to grow by […]

Wolford turnover soars

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Business

Vorarlberg textiles firm Wolford has said it expects turnover to climb further this business year as good first quarter figures were presented today (Fri).The Bregenz-based company announced its operative losses fell from 3.307 million Euros to 2.466 million Euros year on year in the first three months of the current 2010/2011 business year. Its turnover […]

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 […]

Rosenbauer succeeds in fighting fire and crisis effects

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Business

Fire-fighting equipment producer Rosenbauer International AG had a good first half of the year as business figures presented today (Fri) show.The company headquartered in Leonding, Upper Austria, managed to increase turnover by 14 per cent to 274.5 million Euros year on year, while earnings before interest and taxes (Ebit) rose by 33 per cent to […]