Austrian Erste Group’s Romanian subsidy Banca Comerciala Romana (BCR) had a decline of 26.4 per cent in net profit in the first quarter of this year, according to company data released today (Fri).Net profit amounted to 58.7 million Euros, down by around 26.4 per cent compared to the first quarter of 2009.The reason was much […]
Around 200 new jobs will be created when 20 to 25 new shops open at Parndorfs McArthurGlen Designer Outlet next year.Thomas Reichenauer, company manager of the international shopping centre management group, said today (Fri): “We plan to invest between 20 and 25 million Euros. Twenty to 25 new shops will open on an additional 5,300 […]
Romanian bank Banca Transilvania (BT) is going to list on the Vienna Stock Exchange (WBAG) after shareholders’ approval of the move.BT, listed on the Bucharest exchange since 1997, said today (Fri) the decision to list on the WBAG would make the company “more visible and more attractive to foreign investors.”Horia Ciorcila was re-elected president of […]
Upper Austrian car industry supplier HTI hopes for positive figures this year after a decline in turnover in 2009.Company boss Peter Glatzmeier said today (Fri): “The past year was a difficult year in which restructuring measures dominated our activities.”Glatzmeier added he hoped for positive business results in 2010.Turnover of the firm based in St. […]
Upper Austrian motorcycle and off-road vehicle maker KTM Power Sports AG is racing all the way on the road to recovery as earnings soared in the first half of its 2009/2010 business year.Officials at the Mattighofen-based firm said today (Thurs) earnings before interest and taxes (Ebit) climbed to 6.3 million Euros after losses of nine […]
Red Bull has retained its title as Austrias most valuable brand in the world.The Salzburg-based energy drinks producer ranks 82nd in international market research agency Millward Browns study of the most powerful companies in the world.Internet giant Google tops the top 100 with an estimated value of 86 billion Euros followed by IT firms IBM […]
Bank Austria (BA) chief economist Stefan Bruckbauer said he expected Austrias industrial branch to grow “by at least four per cent” this year.Bruckbauer said today (Thurs) preliminary figures showed a record increase from foreign companies in demand for Austrian industrial firms products this month.”These developments confirm that Austrias industrial branch is to become a decisive […]
Styria and Burgenland need to raise their efforts in targeting international guests, a tourism expert has warned.Martin Stanits of the Austrian Hoteliers Association (ÖHV) when speaking about the provincial capital of Styria today (Thurs) said: “Tourism in the Graz region is struggling a bit since the city was Europes Capital of Culture in 2003.”Stanits stressed […]
Year on year temperature increases of up to four degrees centigrade have been discovered at an Austrian national park.Upper Austrian Peoples Party (ÖVP) Governor Josef Pühringer and nature protection councillor Manfred Haimbuchner of the Freedom Party (FPÖ) said today (Weds) average temperature had risen at most checkpoints at the Kalkalpen national park by 2.1 degrees […]
The number of car theft dropped dramatically in the first quarter of this year, new figures have shown.Crime investigation official Rainer Erhart said yesterday (Tues) 939 cars had been stolen across the country during the first three months of 2010. He stressed this was a 53 per cent decline to the same period of the […]