Other Industrial Company News

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

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

Saubermacher: Further Expansion in the SEE Region

The Austrian waste recycler takes over a Croatian supplier and takes further expansion steps.

April 6, 2011

Mixed Results for Crafts and Business Enterprises

Austria's business establishments are struggling especially with strong price pressures. Growth is moderate.

March 30, 2011

Bene Intensifies Activities in Asia and Australia

The Austrian office furniture manufacturer expands foreign operations. International sales are now conducted by Søren Trampedach.

March 30, 2011

Brau Union with Stable Results

The Austrian brewery Brau Union has sold more beer again, while maintaining sales and profits. Innovations and a more aggressive pricing policy provided for market growth.

March 26, 2011 · Updated: March 26, 2011; 12:10

The Austrian Food Industry Still Suffers from Sales Decreases

The domestic food industry is faced with declining sales for the second year in a row: 2010 registered a decrease of 4.5%.

March 24, 2011 · Updated: March 24, 2011; 01:01

Awards for Austrian Products at British Food Fair

Economic Delegate Karabaczek: Austrian food producers scored in product innovation and top-quality in the UK.

March 19, 2011

Rising Sales for Pfanner

The Austrian fruit juice producer achieves sales at its pre-crisis level. In 2010, sales amounted to € 235m after € 225m in 2009.

March 19, 2011

Wolford Achieves Significant Sales and Earnings Growth

The Austrian luxury clothing company reached a sales increase of 6.6 percent to € 120.0 m. Net profits grew by 59%.

March 19, 2011

Saubermacher Plans Expansion

The Austrian recycling company continues developing successfully. An expansion in South East Europe is being sought.

March 11, 2011

Linz Textil Announces Q1-Q3 2010 Results

The textile group was able to attain a sales increase of 20% and also a significant increase in earnings.

November 18, 2010

A-Tec - Creditors are Demanding more Money

Against the minimum quota of 30 per cent offered by Mirko Kovats 30 resistance is forming. A-Tec announced that the negotiations of the daughter AE & E are well underway on renewal of the credit facility.

October 22, 2010

Post and Bawag Join Branches

BAWAG PSK and the Post have agreed to work together more closely. BAWAG branches and larger post offices will offer in future both postal and banking services.

October 13, 2010

Coface CEE Top 500 - Poland Largest Number of Companies in CEE

Poland has the largest number of companies in the Central and Eastern Europe Top 500 with 28.4%. Hungary ranks second with 16.6%, overtaking the Czech Republic, which is home for 13.8% of the CEE Top 500.

October 12, 2010

Manufacturer of Fine Glass Villiglas Strengthens Management

Visionary and heir of billions Philipp D.Merckle takes Joseph Lindenberg and Manfred Pesek into the management of the fine glass manufacturing company.

October 11, 2010

Chip Manufacturer Infineon: Revalorization of the Development Center Graz

The German chip maker based in Villach is bundling competencies. All future research on tire pressure sensors will be made at the Infineon Development Center Graz with 250 employees.

October 8, 2010

Siemens Graz: - Investment of 12 Million in Plant for Railway Bogies

Siemens is investing a total of twelve million euro at the Graz location. The plant for railway bogies will receive a new assembly line for wheel sets. In addition to the present 950 employees new jobs will be created.

October 8, 2010

Zumtobel Closes Loss-Making Plant Space Cannon in Italy

Zumtobel, the shareholder of the company Space Cannon VH SRL, based in Fubine (Piedmont), a specialist in façade and event lighting and a member of the Zumtobel Group, has filed for liquidation.

October 7, 2010