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Read the latest headlines about developments in the international retail and consumer industry in Vienna and Austria
Vienna International Retail and Consumer Industry News
Romania: Slight Increase of GDP for 2012 at 0.1 % on Y/Y Comparison
Record decrease at 24.6 % in agriculture, industrial production better off with decrease of 2.4 %. The highest increase was recorded in IT and communication, services and health/social assistance.
March 6, 2013
Estonia: Turnover in Business Sector Increased by 7 %
2012 proves to be a successful year for the business sector
March 6, 2013
Slovakia: Gross Domestic Product Rose in Q 4 of 2012
Compared to Q 3 of 2012 this means an increase of 0.2 %, by y/y the GDP rose by 2 %.
March 6, 2013
Hungary: GKI Forecasts Budget Deficit of HUF 200 bn
The Hungarian government is in complete opposite to GKI’s statement: forecasts economic growth of 1 % and does not see any concerns.
March 5, 2013
Estonia: Stable Growth in Retail Sales
According to Statistics Estonia, in January 2013 compared to January of the previous year, the retail sales of goods of retail trade enterprises increased 4% at constant prices.
March 4, 2013
Latvia: Retail Trade Turnover Grows Moderately
Last month, the turnover in the Latvian retail trade industry was up by 1.2%. Compared to January 2012, the turnover was up by 5.2%.
March 2, 2013
Romania: Moderate Growth in Manufacturing and Construction Industry
Trends in the evolution of economic activity during: February - April 2013.
March 1, 2013
Hungary: Significant Drop in Retail Sales
Sales are falling particularly in food, drinks, tobacco, petrol, books and computer equipment.
March 1, 2013
Czech Republic: Trends in 2012
Export and Import Price Indices and Price Indices for International Transport
February 25, 2013
Hungary: Further Decline in Volume of Sales in Retail Trade
The volume of retail sales decreased by 2.1% in December and by 1.9% in the whole year compared with the previous period.
February 25, 2013
Czech Service Industry Shrinks
In Q4 2012, seasonally adjusted sales in services decreased, quarter-on-quarter, at constant prices by 1.6%.
February 7, 2013
Continued Success for Austrian Wine Exports
The Austrian wine industry managed to maintain export volumes in 2012 despite the low yields and even saw revenues increase.
January 29, 2013
Austrian Tourism Records New All-Time-High
Tourism in 2012: Almost 131 million overnights mark new all-time-high in number of overnights.
January 25, 2013
Hungary: Retail Trade Shrinks Significantly
The volume of sales in retail trade decreased by 4.1% in November.
January 25, 2013
Sector Report by Bank Austria: Austria’s Food Industry Stagnates
Weak trends in 2012: output stagnates, sales revenue grows by 3 per cent. Improved outlook for 2013: output may grow slightly. Growth potential driven by strong exports, especially to Eastern Europe.
January 16, 2013
Heineken Shuts Down Viennese Headquarters
The Dutch beer producer shifts its CEE-headquarters from Vienna to Amsterdam.
January 14, 2013
Czech Republic: Retail Trade Sector Declines
In November, sales in retail trade including the automotive segment after seasonal adjustment decreased by 0.6% at constant prices, month-on-month, and working days adjusted by 3.5%, y-o-y.
January 11, 2013
Retail Trade: Sharp Decrease in Slovenia and Bulgaria
Volume of retail trade up by 0.1% in euro area in November 2012 compared with October 2012.
January 8, 2013
Slovakia: Turnover in Internal Trade Decreases
The Development in November 2012 compared with October 2012 was negative. In the first eleven months, the turnover figures showed moderate growth rates on average.
January 8, 2013
Significant Upward Trend in Austrian Tourism Sector
Positive start in winter season 2012/13: 4.15 million overnights in November. The number of guests from Italy and Russia is growing remarkably.
January 4, 2013
Romanian Post to be Privatized
In total, 51% of the company will be sold. The Romanian state will keep a 24% stake in Post.
December 18, 2012
Summer season 2012: Holidaying in Austria Continues to be Very Popular
Over 19 million guests in the 2012 summer season did not only lead to a new record, but also to 65.6 million overnights.
December 6, 2012
Retail Trade: Highest Increase In Baltic Countries
Volume of retail trade was down by 1.2% in the euro area.
December 5, 2012
Slovakia: Turnover in Internal Trade Decreasing
In October, the Slovak retail trade sector shrank by 1.8%. The wholesale sector still expands.
December 5, 2012
Hungary: Tourism Industry Booms
In October, public accommodation establishments saw a 9.1% rise in arrivals.
December 5, 2012
Czech Republic: Retail Industry Shrinks
In October, sales in retail trade including automotive segment after seasonal adjustment decreased by 1.5% at constant prices, month-on-month, and working days adjusted by 3.0%, y-o-y.
December 5, 2012
Hungary: Retail Trade Sector Shrinks
Due to the declining real income, sales in the retail trade industry fell by 3.9% compared to 2011.
November 26, 2012
Slovakia: Internal Trade Growing Moderately
The Slovakian retail trade sector is shrinking. The wholesale turnover was up by 2.2%
November 7, 2012
Rewe Austria to Expand in Russia
Rewe Austria intends to open ten new stores in Russia per year. Besides Russia, the Ukraine and Romania are main target markets.
October 22, 2012
Red Bull: Massive Increase in Profits
The Austrian-Thai energy producer could improve its net income by 40% to € 311.2m.
October 8, 2012
Hungarian Retail Sector Struggling on Several Fronts
The recession in Hungary is also affecting the Hungarian retail sector. A weak labour market combined with declining purchasing power is dampening consumer spending, a development which is reflected in weak retail sales.
October 8, 2012
Spar Records Losses in Hungary
The Austrian retail chain operates 400 branches in Hungary. The economic crisis caused substantial losses.
September 13, 2012
Lower Losses at bwin.party digital entertainment
In its Half year report for the six months ended 30 June 2012, a solid growth in Clean EBITDA was recorded. Losses were down from € 41m to € 21.3m.
September 1, 2012
bwin Enters into Partnership with Manchester United
bwin, Europe’s leading sports book, today announces a new agreement with Manchester United to become the club’s official online gaming and betting partner.
August 18, 2012
Strong First Quarter for Do & Co
Today, the Austrian catering company issued its results for the first quarter of the financial year 2012/2013. Sales, earnings and profit were up.
August 16, 2012
Austrian Post: Rise in Earnings
Revenue growth (+3.1%) and earnings improvement (EBIT +13.5%) in the first half of 2012 Outlook for 2012 confirmed despite unstable economic environment.
August 10, 2012
Drastic Concentration in Austrian Retail Industry
Retail trade chains are dominating the Austrian retail trade market. Small suppliers are being forced out of the market.
August 4, 2012
„Dayli“: Up to 20% Yield
With the acquisition of Schlecker Austria, the Austrian investment funds TAP 09 wants to achieve the turnaround soon.
August 2, 2012
TAP 09 Wants to Expand with Former Schlecker Branches
The Austrian investment funds, which took over Schlecker Austria this week, wants to enlarge the number of branches substantially.
August 1, 2012
Bankruptcy Prevented: Schlecker Austria Becomes „daily“
The Austrian investment funds TAP 09 acquires the financially stricken chemist chain. Schlecker Austria should become a local grocer.
July 31, 2012
Schlecker Austria to be Rescued?
The Austrian subsidiary of the bankrupt German chemist chain and its subsidiaries in Poland, Italy, Belgium and Luxembourg may be continued.
July 30, 2012
Austrian Retail Industry: Concentration Goes On
In the first quarter of 2012, 38% of all retail trade branches were operated by retail chains.
July 26, 2012
Schlecker´s Financial Situation Becomes Critical
Schlecker Austria, the subsidiary of the insolvent German chemist chain, is becoming more and more problematic. The liquidity is said to be used up in a few days.
July 25, 2012
MTH Takes Over Schlecker´ Subsidiary
MTH, the investment company of the Austrian industrialist Josef Taus acquires 109 branches of IhrPlatz, a subsidiary of the insolvent German chemist chain.
July 20, 2012
U.S. Zumiez Acquires Austrian Action Sports Retailer
Blue Tomato Sold for € 60m. Zumiez Inc. Acquires Leading Austrian Action Sports Retailer
July 18, 2012
Schlecker Austria: Time Pressure Grows
The potential buyers of Schlecker Austria are still highly skeptical. Until August, a decision must be taken.
July 18, 2012
bwin.party´s Earnings Under Pressure
The Austro-British entertainment company issues a pre-close trading update. Due to new taxes in Germany, the expectations are decent.
July 10, 2012
Schlecker Austria Sees High Probability of Takeover
The insolvency manager of the German chemist chain Schlecker sees a favorized potential buyer for Schlecker Austria.
July 9, 2012
Oblin New CFO at Austrian Post
The previous strategy manager Walter Oblin succeeds Rudolf Jettmar as Chief Financial Officer.
July 2, 2012
„Good Prospects“ For Schlecker Austria
The insolvency manager of the bankrupt German chemist chain views „promising talks with potential investors“.
June 30, 2012
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