Read the latest headlines about developments in other industries in Vienna and Austria
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Latest News about Other Industries

S&T Buys 48% Stake of Russia's Affair OOO for EUR 5.87 Million

By acquiring a huge stake in the Russian energy and software development company, Linz based S&T AG substantially expands its appliances segment and smart energy portfolio. Affair OOO group employs 600 employees; its annual revenues amount to EUR 70 million. S&T's consolidated revenue is set to rise in 2015 to EUR 440 million.

June 6, 2014

Semperit AG Holding: High Ethical and Social Standards at Sempermed in Thailand

The Semperit Group is committed to high ethical and social standards as well as good working conditions for all its employees around the world. An independent audit carried out to verify adherence to the Code of Conduct of the Business Social Compliance Initiative (BSCI) shows that this also applies to the Siam Sempermed glove production facilities in Hatyai, Thailand.

June 6, 2014

BSH Vienna is Partially Taken Over by German BSH Group

With the goal of strengthening its international market presence, the TROX Group acquired parts of BSH Group.

May 31, 2014

Austrian Post: Enormous Growth Potential in Turkey

With a local partnership, the Vienna-listed Austrian Post wants to participate in the booming Turkish post market.

October 9, 2013

Zagreb: In-depth Analysis of SEE Infrastructure Development Plans

Many countries of Southeast Europe are outlining ambitious infrastructure development plans within transport, social, energy and environmental projects.

June 1, 2013

Vienna: Infrastructure & Construction Summit Brings Together All Balkan Countries

Government ministers from Austria and various Balkan countries will be discussing infrastructure and construction in the region at a two-day summit in Vienna at the end of May.

April 30, 2013 · Sponsored Content

Poland: Appealing BPO Location

Poland has been increasing its attractivity as a location for Business Process Outsourcing (BPO). This becomes evident by the numbers of personnel.

April 15, 2013

Hungary: Gross Earnings Increased Marginally

In the national economy – at corporations employing at least 5 persons, budgetary and designated non-profit institutions – average gross earnings increased by 2.5%, while net earnings excluding family tax benefits grew by 3.9% compared to 2011.

March 21, 2013

Red Bull Sells More Than 5bn Cans Worldwide

Energy drink producer Red Bull was able to increase turnovers by almost 16 %, totaling € 4.93bn.

March 15, 2013

Austria: Post Shows Solid Revenues

In 2012, Austrian Post generated € 123.2m and was therefore able to slightly increase the turnover. € 1.80 is being declared per share, which is a raise of € 0.10.

March 14, 2013

Lithuania: Exports Decreased by 7.6 % in January

Foreign trade in January 2013 decreased. Major losses in Agricultural sector.

March 8, 2013

Estonia: Hope For Employment Rate to Increase

Employment continued to grow at the end of 2012.

March 8, 2013

Red Bull: Difficulties in Italy

The Austrian energy drink producer faces examinations by the Italian Competition Authority.

August 13, 2012

Stable Results at Wolford

Today, the Austrian clothing company published the results of the 2011/12 fiscal year. Sales rose by 1.3%, EBITDA and EBIT were slightly below prior-year level .

July 20, 2012

“Market Place Austria 2012” on 3rd October in Vienna

"Marketplace Austria" gives buyers from all over the world unique opportunity to meet Austrian suppliers and producers from the food and drinks sector and to find new business partners.

June 25, 2012

Austrian Furniture Industry Increases its Exports

In 2011, the total production of the Austrian furniture industry decreased by 3.3 percent to close to € 2.3bn according to the latest figures.

June 6, 2012

Management of New Joint Venture Ybbstaler Agrana Juice Appointed

Following the closing of the joint venture deal between Agrana Juice Holding GmbH and Ybbstaler Fruit Austria GmbH, the management team of the new company has now been appointed.

June 1, 2012

Declining Sales and Earnings at Linz Textil

Linz Textil announced its first quarter results. The outlook is rather negative.

May 22, 2012

Schlumberger Wants to Raise Exports

The Austrian producer of sparkling wine wants to reach an export quota of 50%.

May 12, 2012

Manner: Decent Growth Rates

The Vienna-listed food producer recorded a rise in revenues of 3.7% in the first three months of 2012.

May 12, 2012

Bene Posts Rise in Earnings

In the scope of an institutional investors event, the Vienna Stock Exchange listed Bene Group publishes today a first estimate of results for the financial year 2011/12 ended on January 31, 2012.

April 14, 2012

„Power Struggle“: Red Bull Declines Rumors

Red Bull commented that reports on an arising power struggle between the two owners are nothing else as “fanciful speculations”.

April 6, 2012

Austria Tabak Loses Market Shares

The U.S. group Philip Morris is the clear market leader in Austria´s tobacco market.

April 6, 2012

New Sales Record at Pfanner

The Austrian fruit juice producer achieved constant growth rates last year. Sales were up to € 245m.

March 24, 2012

Substantial Rise in Sales at Red Bull

The Austrian energy drink producer sold 4.6 billion cans last year. Sales were up by 12%.

March 21, 2012

Wolford Group Reports Stable Results

The Austrian textile company posted almost unchanged sales and profits figures. The outlook is cautiously positive.

March 16, 2012

CFO Peter Simma to Leave Wolford AG

Peter Simma, Chief Financial Officer and Deputy Chairman of the Executive Board of Wolford AG, is leaving the company on his request.

March 13, 2012

Red Bull Not Interested in Monster Beverage

Monster Beverage may not be a willing target. Moreover, the Austrian energy drink producer achieves strong organic growth in the U.S.

March 12, 2012

Bene Expands in Asia

The Austrian manufacturer of office furniture founded a joint venture together with the Singapur-based Ollo Group. Bene aims for entering new markets successfully.

February 24, 2012

Head Reported Lower Sales and Earnings

The Dutch Ski producer, which has its production facilities in Austria, registered a decrease in sales of 1.3%. Higher amortizations caused a reduction in profits.

February 23, 2012

Agrana Expands in Russia

The Austrian fruit and starch company invests € 27m in a factory site in Russia.

February 16, 2012

Rising Revenues at OeSD

In the first three quarters of 2011, OeSD could raise revenues by 5.6%.

February 15, 2012

Sales and Profits on the Rise at Do & Co

The Austrian catering company recorded an increase of 9.5% in sales. Profits were up by 27.6%.

February 9, 2012

Blizzard Confirms Turnaround

The Austrian ski manufacturer could achieve profits again. Nevertheless, Blizzard´s management demonstrates cautious optimism.

February 4, 2012

Coca Cola Closes Viennese Site

For cost reasons, the U.S. soft drink producer shifts production from Vienna to Burgenland. 80 employees will be laid off.

February 2, 2012

Al Jaber Owns Kneissl Again

The insolvent ski manufacturer Kneissl will be owned by the Arab investor Al Jaber again. Creditors approved to a 20% quota.

January 28, 2012

Stable Results for Ottakringer

In spite of increasing costs and sales problems in Hungary, the Austrian major brewery and mineral water producer expects to maintain results of 2010.

November 12, 2011

U.S. Investor Buys 44% Stake in Leica

The U.S. investment fund Blackstone acquired 44% in Leica Camera from the Austrian investor Andreas Kaufmann.

October 19, 2011

Austria and Azerbaijan Expand Cooperation

An Austrian delegation will hold several meetings with Azerbaijani ministries and private companies.

September 20, 2011

Good Year for Cereal Farmers

Cereal production is expected to increase to 5.3 million tons, a plus of 13% compared to 2010 and clearly above long-term average.

August 5, 2011

Agricultural Exports Are Booming

Foreign demand for fruits, vegetables and other products from Austria is growing. Exports went up 21% and amounted to € 2.18bn in the first quarter of 2011.

July 21, 2011

Growing Sales at Wiesner-Hager Furniture

Wiesner-Hager, the Austrian office furniture specialists succeeded in completing the business year 2010/11 with growths both in sales and profits.

May 14, 2011

Kraft Foods Austria Reports Rising Sales

The U.S. food company could rise its sales figures by 4.8% in Austria. However, costs are increasing substantially.

May 9, 2011

Mixed Results for Agricultural Output

2009/10: Good supply with food and animal feed of crops - 7.6% of foreign trade volume is made by agricultural products. Production of wine and cereals decreases, oil seeds, fruits and vegetables rises.

April 30, 2011

Austria's Soybean Production is Booming

According to the Ministry for the Environment, the area of domestic soybean planting and the harvest have increased by one third in 2010.

April 29, 2011

Surplus of Timber in Austria

More timber grows in Austria's forests wood than is harvested. The Chamber of Agriculture calls for looser terms of use.

April 23, 2011

Al Jaber in Distress

Saudi investor Mohamed Al Jaber has to fight on several fronts in Austria. Kneissl awaits restructuring, loans are due.

April 23, 2011

Trenkwalder Gets Fresh Capital with Droege Capital

German Droege Capital GmbH acquires the majority stake in the Austrian employment agency Trenkwalder International AG.

April 23, 2011

Resch &Frisch - Expands to Italy

The baked goods producer was able to increase its sales in 2010 again. The market is to be expanded to the south.

April 13, 2011

Team 7: Tripling of Sales by 2020

The natural furniture manufacturer is on the rise. The goal is to reach € 200m in sales by 2020.

April 9, 2011