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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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Poland: Amazon to Establish Three Logistic Centers
Leading online retailer Amazon will open three major logistic centers in Poland. According to the company’s own proclamation, this step does not relate to the latest striking problems in Germany.
October 8, 2013
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Poland Leads Ranking of Top Enterprises in CEE
Credit insurance company Coface has for the fifth time published a study about the Top 500 enterprises in Central and Eastern Europe.
September 24, 2013
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Head of Slovenia’s Chief Bank Arrested
Janko Medja, manager of Slovenia’s most important bank NLB, was arrested because of suspicion of corruption.
September 20, 2013
Romania: Austrian Investors Demand Transparency
In an interview with Business Review Romania, Rudolf Lukavsky, commercial counselor for Romania and Moldova at the Austrian Embassy described the downsides and advantages of the economic environment in the country.
September 17, 2013
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Spar: Growth Plans In Czech Republic
Retailer Spar has lost a total of € 130m in the past eight years in the Czech Republic. Despite of that, the trade chain has plans of expansion. Particularly the network of frachise stores is supposed to grow.
August 30, 2013
Trend: Service Industry Drifts to CESEE
Lower costs in the service sector in CESEE countries, particularly Romania, are compensated by higher expenditures in securing quality standards.
July 30, 2013
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Spar Becoming More Profitable
Spar made profits before taxes in the amount of € 164m last year with food, sport articles and shopping center floor space.
June 27, 2013
Croatia: Agrokor Becomes Biggest Retailer in SEE
After the take-over of Slovenian chain of retail stores Mercator, Croatian corporation Agrokor employs 60,000 persons in the region of former Yugoslavia.
June 18, 2013
Slovenia: Mercator to be Finally Sold
It is the ninth sale attempt for Slovenian trade chain Mercator today, but it could be finally sealed. Croatian corporation Agrokor is the interested party. A dozen owners will decide about the retail chain’s fate.
June 14, 2013
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Significant Trade Surplus in 2012 Reflects Austria's Competitive Strength
Despite the crisis, Austria managed to achieve a significant trade surplus in services in 2012. At the same time it was possible to eliminate Austria's foreign debt in full.
June 4, 2013
Romania: No Investors for Post Company
Debts and a collective agreement which makes restructuring impossible until 2018 are among the main reasons the company is not attractive to potential investors.
May 29, 2013
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bwin.party to Concentrate On Ten Markets Only.
After the weak figures in the first quarter, bwin.party CEO Norbert Teufelberger wants to get the online gambling provider back on track. However, the company also cast an eye to enter the US market.
May 23, 2013
MotoGP™ and bwin Continue Partnership Until 2015
Commercial rights holder of the MotoGP™ World Championship, Dorna Sports, and bwin, Europe’s largest sports book, announce a two-year extension of their longstanding partnership which began in 2004.
May 22, 2013
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Spar: Expanding in Hungary
Spar Austria Group intends to expand the meat plant near Budapest and the entire branch network in Hungary.
April 18, 2013
Austria: Number of Small-Business Owners Increased Marginally
In 2012, there were around 251,000 one-person-businesses in Austria which is 11,000 more than in 2011.
April 16, 2013
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Czech Republic: Finance Ministry Worsens Economic Outlook
In an updated macroeconomic forecast for the economic development, the Czech Finance Ministry deteriorated the country’s outlook.
April 16, 2013
Austria: Significant Increase in Exports
Imports Increased by 0.3 %. Exports Increased by 7.1 %. According to preliminary results by Statistics Austria, total imports amounted to € 10.31 bn and total exports amounted to € 9.96 bn in January 2013.
April 10, 2013
Austria Ranking 7th in Purchase Power
According to RegioData, € 19,580 per year was available for each Austrian. The three countries with the greates purchase power in Europe are Luxemburg, Switzerland and Norway.
April 9, 2013
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Poland: Inflation Rate for Private Individuals At 1.6 %
March was the seventh consecutive month of decline in private individuals' inflation expectations. Respondents place average inflation rate as expected over the next 12 months at 1.6%.
March 30, 2013
67 % of Estonians Work in Service Sector
According to the data of the 2011 Population and Housing Census (PHC 2011) of Statistics Estonia, 67% of persons employed in Estonia worked in service sector, 29% in industrial sector and only 4% in primary sector.
March 30, 2013
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Slovakia: Economic Sentiment Indicator Increased to 90.4
The three-month moving average of economic sentiment indicator (ESI) increased by 1,8 points to 90,4 compared with the previous month´s value.
March 30, 2013
Lithuania: Turnover of Enterprises in Retail Increased By 0.9 %
In February 2013, against February 2012, the turnover of enterprises engaged in wholesale and retail trade in motor vehicles and motorcycles was on the increase.
March 30, 2013
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
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
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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
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
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Latvia´s Consumer Prices Stable
Compared to February of previous year, consumer prices have increased by 0.3%.
March 8, 2013
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
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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
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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
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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
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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
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