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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
„Schlecker Austria is Solvent“
The spokesman of Schlecker Austria is optimistic to find a buyer for the Austrian subsidiary of the insolvent German chemist chain.
June 4, 2012
No Future for Schlecker
The insolvent German chemist chain will be closed. Fort he Austrian subsidiary, the search for a buyer goes on.
June 1, 2012
Schlecker Austria: Sale Seems Likely
The Austrian subsidiary of the German chemist retail chain is said to be sold.
May 30, 2012
Century Casinos Closes $ 27m Credit Agreement
The Vienna-listed casino operator secured a $ 27m loan and intends to refund mortage debt.
May 30, 2012
Do & Co: Rise in Revenues and Earnings
The Austrian catering company presented results for the fiscal year 2011/2012 today. Do & Co´s net income increased by 25.1%.
May 24, 2012
New Records for Austrian Tourism
Winter season 2011/12: with 64.3 million overnights still at a high level; new record of 16.4 million arrivals.
May 24, 2012
bwin.party received licence in Germany
The British-Austrian betting company is allowed to operate online sports betting in the Northern German province of Schleswig-Holstein.
May 24, 2012
Rising Revenues at Novomatic
The Austrian vending machine producer recorded a 17.2% in revenues. The gambling segment was Novomatic´s growth driver.
May 22, 2012
Great Demand for Austrian Tourism Knowledge in Bulgaria
The Bulgarian tourism industry pushes for an improvement in quality. Austrian AWO brings together Austrian suppliers and potential business partners in Bulgaria.
May 21, 2012
bwin.party: € 33m License Fees in Spain
The British-Austrian gaming company has to pay € 33m to Spain authorities.
May 21, 2012
Record Results at RWA
Raiffeisen Ware Austria achieved an increase in revenues of 26%. EBIT rose by 23.3%.
May 16, 2012
Stable Results for bwin.party
Total revenue was up by 1% to € 215.9m (2011: € 214.0m) with strong growth in casino & other games as well as other revenues partially offset by a softer gross win margin in sports betting
May 16, 2012
Satisfactory Results at Austrian Post
Revenue was up by 6.0% above the prior-year quarter. An EBITDA rise of 7.0% to € 75.8m was recorded. The outlook for 2012 was confirmed.
May 16, 2012
bwin.party Expands in California
The Austrian-British gambling company achieved an online poker agreement in California
May 8, 2012
Century Casinos Records Rising Earnings
The New York and Vienna-listed Century Casinos, Inc. announced its financial results for the three months ended March 31, 2012. Operating income was up slightly.
May 7, 2012
Decent Growth in Austrian Retail Trade Sector
Sales rose by 2.3% for Austrian retail trade in the first quarter 2012.
May 4, 2012
Austrian Post Continues Expansion in CEE Region
With the purchase of “Kolportaz Rzetelny” and a stake in “M&BM; Express”, Austrian Post expands its Network in Poland and Bulgaria.
May 3, 2012
Pfeiffer Group Gets In Zielpunkt
The Austrian wholesale trader acquires a 24.9% stake in the retail chain Zielpunkt. The cartel authorities still must approve the deal.
May 1, 2012
Casinos Austria International Records Massive Losses
Casinos Austria Group posts minimal profits. Losses of the subsidiary Casinos Austria International could be offset by the Austrian division.
April 14, 2012
Zielpunkt: „Not for Sale“
The new owner of the Austrian supermarket chain, Jan Satek, says that there are no plans to re-sell Zielpunkt.
April 10, 2012
Lutz Continues Expansion Program
The world´s second largest furniture house intends to grow in Eastern and Southeastern Europe.
April 7, 2012
Meinl: Big Plans in Russia
The Austrian coffee roaster regards the CEE region as future market. Also China and Turkey are targeted. Last year, group revenues rose by 16% to € 125m.
April 5, 2012
Schlecker: „Jobs in Austria are in Safety“
The Austrian subsidiary of the insolvent German chemist chain Schlecker is not affected by the shut-down program. Jobs are “relatively safe”.
March 30, 2012
Rewe Austria Shows Solid Growth
The German retail chain achieved sales of € 7.47bn in Austria last year, which is a rise of 6.26%.
March 30, 2012
Weak Results at bwin.party
The Austro-British gambling copmany could increase EBITDA by 3.0%. Total revenues remained stable.
March 29, 2012
Ottakringer: Hungary Lowers Profits
The Austrian beer producer achieved stable results in 2011. The Hungarian brewery Pécs reports losses, however.
March 27, 2012
UK Investor Plans Sale of Iglo
The British company should get new owners soon. The consequences for the Austrian subsidiary are unknown yet.
March 27, 2012
Burger King to Expand in Austria
The U.S. fast food chain enlarges its Austrian branches. Moreover, Burger King aims to enter the coffeehouse segment.
March 26, 2012
Moderate Growth in Tourism Sector
Current Austrian tourism winter season 2011/12: +4.6% more overnights due to rise in February (+11.7%).
March 26, 2012
Starbucks Becomes Rival of Red Bull
The U.S. coffeehouse chain enters the energy drink market and attacks he market leader Red Bull.
March 22, 2012
Austrian Post Is Said to Expand in Poland
Austrian Post is said to be interested in Polish Kolportaż Rzetelny, Polish media report.
March 19, 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
Stable Results at Austrian Post
In 2011, Austrian Post could raise revenues by 4.2%. EBIT climbed up by 7.2%. The dividend increases by 6.3% to € 1.70.
March 15, 2012
BWB Finishes Razzia at Rewe Austria
Due to suspicions of price arrangements, the Austrian Federal Competition Authority (BWB) secured comprehensive documents of Rewe Austria. The longest razzia in BWB´s history is finished.
March 9, 2012
Rewe is Said to Constrain Investigations
The Austrian Federal Competition Authority (BWB) suspects Rewe Austria to have made price arrangements. Rewe should have constrained BWB´s investigations.
March 6, 2012
Razzia at Rewe Austria Continues
Investigators announced to have found substantial evidence at Rewe Austria, which is suspected of having made price agreements.
March 3, 2012
Car Deal Pappas Achieves Growth in Hungary
The Austrian car dealer group could achieve sales of € 129.1m in Hungary. In spite of the economic crisis, sales climbed up by 12%.
March 3, 2012
Gigasport Withdraws from Czech Republic and Slovakia
The Austrian sports brand closes twelve branches in the Czech Republic and Slovakia. 280 workers are affected.
March 1, 2012
Schlecker Closes Branches
The insolvent German chemist chain shuts down the half of its branches in Germany. In Austria, inprofitable shops will be closed.
March 1, 2012
Rewe Suspected of Price Arrangements
The Austrian Federal Competition Authority (BWB) suspects Rewe Group for having made price arrangements with competitors and suppliers.
February 28, 2012
Record for McDonald´s Austria
In 2011, McDonald´s Austria registered a rise in guests by 4.4% and sales of € 515m.
February 28, 2012
Slight Growth Rates of Spar in CEE Region
For the first time, the Austrian supermarket chain´s sales totaled more than € 12.0bn in 2012. Sales growth amounted to 3.8%.
February 24, 2012
Baumax Faces Stagnation
The Austrian building center chain records declining sales in real terms in Austria. Growth rates are observed in Eastern Europe.
February 24, 2012
Resch Exceeds € 100m Sales
The Austrian bakery producer Resch & Frisch could record € 100m in sales last year. For 2012, sales of 105m are planned.
February 21, 2012
Boom in Viennese Tourism
In January 2012, the Austrian capital registered an increase of 11.5% in tourists. 675,000 guest nights were recorded.
February 20, 2012
Russia: Great Demand for Austrian Food
Due to rising purchase power of Russian households, Austrian food exports to Russia are booming. In 2012, the Russian retail trade sector is expected to grow by 15%.
February 14, 2012
Schlumberger Records Rise in Earnings
In spite of difficult market conditions, the Austrian sparkling wine producer holds on its ambitious growth targets. Exports should be reinforced.
February 10, 2012
Schlecker: „Austria Remains Independent“
The insolvent German chemist chain underlines that ist Austrian subsidiary is „definitively not affected“ by the insolvency proceedings.
February 9, 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
Zielpunkt Gets New Owner
MBO at the Austrian supermarket chain: CEO Jan Satek takes over the company and wants to focus on local supply.
February 7, 2012
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