Read the latest headlines about developments in the international retail and consumer industry in Vienna and Austria
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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