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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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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
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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
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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
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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
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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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Dismal Prospects for Schlecker Austria
An insolvency of Schlecker Austria seems likely. A sale to MTH is still uncertain.
June 25, 2012
Austrian Tourism Has Good Prospects
Start of summer season 2012: 16.8% more overnights and 14.4% more guests in May 2012.
June 25, 2012
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Austrian Lotteries Apply for License in Albania
The Albanian Ministry of Finance offers licenses for foreign applicants. A heavy dispute occurs.
June 22, 2012
Schlecker Austria Threatened by Insolvency
The Austrian subsidiary of the insolvent German chemist chain must find a buyer in order to prevent its own bankruptcy.
June 19, 2012
MTH Group Considers Taking Over Schlecker Austria
The industrial holding group MTH may acquire the Austrian subsidiary of the insolvent German Schlecker Group.
June 12, 2012
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Austrian Post Signed Deal in Bulgaria
The presence of a company of such a scale in Bulgaria became possible after acquiring shares in the postal operator М&BM; Express.
June 11, 2012
Small Growth Rate in Austrian Service Industry
Austrian service enterprises achieved an increase of turnover by 4.0% in the first quarter 2012.
June 5, 2012
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„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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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