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Read the latest headlines about developments in other industries in Vienna and Austria
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
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