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Vienna International Retail and Consumer Industry News
Read the latest headlines about developments in the international retail and consumer industry in Vienna and Austria
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Hungary: Economic Growth Only in 2014
The MNB, the National Bank of Hungary estimates economic growth to further stagnate in 2013 but forcasts positive devolopments for the next year.
March 29, 2013
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Czech Republic: Disinflation Continues
Analysts expect Czech economy to grow by 1.7 % next year.
March 29, 2013
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Czech Republic: Confidence in Domestic Economy Inreased Marginally
Overall confidence in domestic economy increased slightly in March. The composite confidence indicator (economic sentiment indicator) increased by 0.2 points compared to February.
March 25, 2013
Slight Improvement for Austria’s Economy in 2013/14
IHS (Institute of Advanced Studies) and Wifo (Austrian Institute of Economic Research) forecast a sluggish growth for Austrian’s economy.
March 21, 2013
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Czech Republic: Highest Internet Retail Sales in 26 Months
Highest growth rates in internet retail and house order sales and IT/communication equipments.
March 14, 2013
Slovakia: CPI Remains Constant
In February, compared with January, consumer prices did not change in total. Increase in prices only in Education, Food and Health Industry.
March 14, 2013
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Slovak Unemployment Rate on the Rise
In January, compared with January 2012, the employment decreased in five surveyed sectors.
March 14, 2013
Czech Republic: Slight Increase of Consumer Price Index
Consumer prices in February increased by 0.1% compared with January. This rise came primarily from price increases in 'transport' and 'recreation and culture'. The year-on-year growth of consumer prices decelerated to 1.7% in February (1.9% in January).
March 11, 2013
Latvia´s Consumer Prices Stable
Compared to February of previous year, consumer prices have increased by 0.3%.
March 8, 2013
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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„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
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