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

Red Bull Aims to Sell 4.6bn Cans

The Austrian energy drink producer wants to realize further growth. About one third of Red Bull´s budget goes into marketing.

November 5, 2011

Winter Tourism: Austria is Favorite for Dutch

Dutch people appreciate Austria as winter tourism location. According to a survey, Austria is ranked on number one.

November 5, 2011

Palmers Seeks to Attract Investors

The Austrian clothing company expects sales of the current financial year to come in at approximately € 110m.

November 4, 2011

bwin.party to Enter USA

The British-Austrian gambling company has now found a partner in ordert o provide its gambling services in the U.S.

November 2, 2011

Benko to Acquire Kaufhof

The Austrian real estate investor René Benko plans to purchase the retail trade chain Kaufhof from the German Metro group.

November 2, 2011

Strikes at Post Possible

For the trade union, the staff policy of Austrian Post´s management is “not acceptable”. A deadline for CEO Pölzl is fixed by the trade union.

October 25, 2011

Growth in U.S. Winter Sports Market as a Chance

Against 2010, the U.S. winter sports market shows a rise in sales of 12%. The Austrian winter sports industry regards this as chance.

October 25, 2011

Tourism: Moderate Increase in Guest Nights

The current summer season 2011 brought a rise in overnights by 2.2% for the Austrian tourism industry between May and September.

October 25, 2011

Palmers to be Sold

The owner of the Austrian clothing company are looking for potential buyers. The French subsidiary Lejaby however, is not for sale.

October 25, 2011

Subway to Restart in Austria

The U.S. fast food chain aims to return to Austria. In 2005, Subway had to leave, which was due to the insolvency of a franchising partner.

October 24, 2011

Austrian Post Buys Stake in Romanian PostMaster

The deal includes an option for Austrian Post to become sole shareholder of the leading alternative postal service provider in Romania.

October 20, 2011

Online Shopping is Booming in Austria

45% of the Austrian population already practiced online shopping. The share of enterprises using mobile broadband connections rose significantly against 2010.

October 18, 2011

Do & Co Expands in Ukraine

The Turkish-Austrian catering company provides its services also in Ukraine. Here, CEO Attila Dogudan expects further growth opportunities.

October 18, 2011

Casinos Austria to Enter Vietnam

The Austrian gambling company will operate a casino in a luxury hotel in the Vietnamese capital Hanoi. Further expansions are planned.

October 17, 2011

Ikea Austria Reaches Over € 600m in Sales

The Swedish furniture corporation raised its market share in Austria to 13.9%. Sales grew by 1.6% up to € 604.2m.

October 15, 2011

Mars Austria Invests EUR 33 million

The candy and pet food producer Mars Austria is investing EUR 33 million in its existing plant located in Lower Austria.

October 13, 2011

Skoda’s Domination in Poland

According to research conducted by Samar, Skoda has been the unquestionable leader of the Polish car market during last 30 months.

October 11, 2011

Gloom Over Clothing Industry in Poland

In the first half of this year over 13 thousand of clothing shops disappeared from the Polish market.

October 11, 2011

Austrian Food Exports are Booming

About 66% of the domestic food production is being exported. Germany remains the most important foreign market.

October 10, 2011

Kneissl Acquired by “Friends of Sports”

The bankrupt Tyrolean ski producer is taken over by a German holding company. The brand name will be retained; the Kufstein production site will be expanded.

October 6, 2011

Trade Chain Adeg to Achieve Turnaround in 2012

The Austrian subsidiary chain of the German Rewe group still faces losses. By 2012, Adeg should leave the red zone.

October 5, 2011

Rising Turnover in Austrian Retail Trade

Stimulation of trade in August 2011 - turnover in Austrian retail trade increased by 4.0%.

October 3, 2011

Stagnation in Food Retail Sector

Total revenue of the sector grew by only 1.9% in 2010. The market is ruled by retail chains which own 98% of total selling space.

September 28, 2011

Red Bull Intends to Enter China

The Austrian energy drink producer has concluded the technical test phase. The market entry into China is now within splitting distance.

September 27, 2011

Rising Turnover in Austrian Advertising Market

After the turbulences in 2009, the domestic advertising market could continue its positive trend from 2010. Within the first eight months, turnover grew by 7.9%.

September 27, 2011

Strong Order Intake for Head

The Dutch and Vienna-listed sports article manufacturer Head records rising sales. Expectations for 2012/2013 are stable.

September 26, 2011

World Tourism Day 2011: Guests from 50 Countries Visit Austria

According to statistics Austria, the diversification of the guest´s nationalities further increased. Culture-oriented travels become increasingly important.

September 26, 2011

Rise in Turnover for Verkehrsbüro

The Austrian travel agency group records a rise in turnover up to € 850m.

September 26, 2011

Kneissl to Be Taken Over by Foreign Investor

Negotiations about the sale of the bankrupt Tyrolean ski producer are about to be concluded. Three investors from Europe and overseas are still interested in an acquisition.

September 23, 2011

Summer Season 2011: New Record of Arrivals

The number of nights spent in Austria increased by 2.1% in the period from May to August. Arrivals went up by 4.3%.

September 23, 2011

Ringana Cosmetics Expands

The Austrian cosmetics manufacturer already has to raise its production capacities in order to meet rising international demand.

September 20, 2011

New Subsidiary of Novomatic Applied for Licenses

In a reaction to the amendment of the Austrian gaming law Novomatic has created a new company as an exclusive operating unit for the Austrian gaming market.

September 16, 2011

Wolford Increased Sales and Earnings

In the first three months of the current fiscal year, the Austrian luxury clothing company continued on the growth path prevailing in the prior year.

September 16, 2011

Semper Constantia Invest Becomes Core Shareholder of German Praktiker

The Austrian investment company has increased its stake to become the second largest shareholder in the ailing German do-it-yourself store chain.

September 15, 2011

Novomatic Abandons IPO Plans

The Austrian gaming machine manufacturer is considering placing a bond in order to raise capital for global growth.

September 8, 2011

Gambling: From Machines to Internet

The tendency in the Austrian gambling industry is clear: consumers move from gambling automats to online-gambling suppliers.

September 6, 2011

Austrian Tourism Industry Satisfied

In spite of a rainy July, the domestic hotel industry is quite satisfied with the summer season 2011. This is mainly due to the summerly August.

September 6, 2011

Agrana Raises Sugar Price Drastically

The Austrian sugar and starch company confirmed that the sugar price will rise significantly by the beginning of October. This is due to the “world market price”, the company stated.

September 6, 2011

Cineplexx Grows Further in SEE Region

The Austrian cinema group takes over two major cinemas in Serbia and Montenegro. Thus, Cineplexx already runs five cinemas in former Yugoslavia.

September 5, 2011

Manner: Results Burdened by High Commodity Prices

The Austrian candy manufacturer posted a loss of € 2m in the first six months of the year. Revenue increased by almost 11%.

August 31, 2011

bwin.party in the Red

The Austro-British gambling group reported a loss before tax of € 35.7m for the first half of the year. Total revenue dropped by 3% to € 398m.

August 31, 2011

Novomatic Continues on Growth Course

The Austrian gaming machine manufacturer achieved a plus in revenue of 17% in the first half of the year. EBIT remained stable at € 108.6m.

August 30, 2011

Kneissl: Decision about Sale to Be Taken in September

Four international investors are interested in taking over the insolvent Austrian ski manufacturer. A purchase price of € 4m is expected.

August 29, 2011

Frank Stronach to Apply for Casino Licenses

The Austro-Canadian founder of Magna and the German Gauselmann Group establish a company with the goal of entering the Austrian gambling market.

August 26, 2011

Tourism: New Record in Arrivals

First half of tourism summer season 2011: Rise in overnights by 1.7%, arrivals peaked at 9.19 million.

August 25, 2011

Austrian paysafecard Group Acquires Dutch Competitor Wallie

The Austrian provider of prepaid payment methods expands its international market leadership. The company now operates in 28 countries.

August 24, 2011

Gaming Provider bet-at-home in the Black Again

The online gaming provider, which has recently applied for the Austrian lottery license, achieved a profit in the first six months of the year.

August 22, 2011

New Record for Tourism in Vienna

The Austrian capital registered a plus in overnights of 1.8% in July 2011. Hotel revenue grew by 13.7% in the first half of the year.

August 19, 2011

Austrian Post: Rise in Revenue and Earnings

Declining letter mail volumes were offset by growth in the parcel business. Total revenue increased by 2.9%, EBIT rose 9.1% to € 81.3m.

August 19, 2011

Do & Co: Substantial Increase in Sales and Earnings

The Austrian catering company recorded a successful start in FY 2011/12. Sales were up 14.5%, EBIT improved to € 6.79m.

August 18, 2011