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Massive Increase in Sales and Earnings for Kapsch
The Austrian Kapsch TrafficCom releases results for the third quarter of fiscal year 2010/11. EBIT margin doubled from 4.4% to 9.0%.
March 1, 2011
Alpine Builds in Norway
Bridge for 108 million Norwegian kroner (€ 14m) leads the way for further expansion of the Austrian building company into Northern Europe.
March 1, 2011
WKÖ: Development Plan for North Africa
Given the dramatic situation in North Africa, Christoph Leitl, President of the Economic Chamber (WKÖ) pleads for a ‘European Marshall Plan'.
March 1, 2011
SW Umwelttechnik: Turnover up by 12%
Despite improving sales, the Austrian company still records losses. However, the operating results are positive.
March 1, 2011
Vienna Stock Exchange: Winners & Losers (2011-02-28)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
March 1, 2011
Erste Group: State Aid to be Refunded
The CEO of Erste Group, Andreas Treichl, is considering paying back the state money for the amount of € 1.2bn.
February 26, 2011
Major order for Siemens Austria
The Austrian subsidiary of the German electronics group receives a new order from Poland for the construction of underground train sets.
February 26, 2011
Philip Morris is Market Leader in Austria
The American tobacco company Philip Morris increased its market share, overtaking the Japanese Austria Tabak group for good.
February 26, 2011
Beko Still Reports Losses
Despite a strong increase in sales, the Austrian ITservice provider is still in the red.
February 26, 2011
Stable Sales for Rewe Austria
The German food retail group was able to increase its sales moderately last year. The number of employees has increased.
February 26, 2011
Henkel CEE grows in Eastern Europe
The German company, which has set up its Eastern European headquarters in Vienna, achieved a sales increase of 6%.
February 26, 2011
Austrian Gas Price Index at a New High
The Austrian gas price index ÖGPI(C) recorded a significant increase in March 2011 in comparison with the previous month, rising to 117.16 points.
February 26, 2011
EVN Records Rising Revenues
The Austrian energy company announced its results for the first quarter in 2010/11. EVN could benefit from rising electricity costs.
February 26, 2011
Hirsch Servo Reports Improvements, but Still Losses
Sales rose by 20%, the EBIT could turn into black. However, profit after taxes are still negative.
February 26, 2011
BWT Records strong Increase in Sales and EBIT
The Austrian Water Technology company posts an increase in sales by 15%. EBIT grew by 17.4%.
February 26, 2011
Profit Record for Erste Group
Austrian Erste Group increases 2010 net profit by 12.4% to € 1,015.4 m on strong operating result and lower risk costs.
February 26, 2011
Vienna Stock Exchange: Winners & Losers (2011-02-25)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 26, 2011
Significant Growth for Borealis
The Austrian chemical company records substantial growth in sales. Profits grew from € 38m to € 333m.
February 26, 2011
Vienna is Among the Cities with the Greatest Purchasing Power in Europe
Austria comes out relatively well in a study on the purchasing power of Europe The capital leads the Austrian comparison.
February 25, 2011
Strong Sales Growth for McDonald's
The fast-food chain achieved 9.4% more customers. Sales increased by 8.7%.
February 25, 2011
Mixed Results for Investors in Bosnia
The outlook for 2011 is positive. Last year, however, was difficult for Austrian companies in Bosnia-Herzegovina.
February 25, 2011
VBI: Purchase by Sberbank is Looming
The sale of the Eastern European holding company of the Austrian ÖVAG is taking shape. Even Chinese investors are interested.
February 25, 2011
Erste Group: Strong Increase in Lending
The Austrian Erste Group granted € 7.8bn loans in 2010 and expects demand for credit to rise in 2011 and 2012.
February 25, 2011
HEAD NV Announces Higher Sales
The Dutch/Austrian global manufacturer and marketer of sports equipment, announced the preliminary results today.
February 25, 2011
Tightening of Credit Policy Expected
The new Basel III rules will result in a tightening in lending, especially for small and medium-sized enterprises.
February 25, 2011
Leitl Fears Falling Back behind Asia
During a state visit to Singapore the President of the Austrian Economic Chamber (WKÖ) again urges the Austrian government to undertake reforms.
February 24, 2011
Libya: OMV Foresees no Shortages
The CEO of the Austrian OMV considers not to have underestimated the risks in Libya.
February 24, 2011
Increase of Inflation Forecast
The Austrian Institute of Advanced Studies (IHS) increases its inflation expectations to 2.4% due to the increase in energy prices
February 24, 2011
Strong Growth in Results for OMV
The Austrian energy company OMV records a strong increase in EBIT as well as profitability.
February 24, 2011
Austria's Insurance Industry Is on the Rise
In spite of still felt repercussions of the economic crisis, the Austrian insurance industry shows positive results in all divisions.
February 24, 2011
Leitl Demands More Support for SMEs
The Small Business Act must be also implemented at national level in a sustained way, says the President of the Austrian Economic Chamber.
February 24, 2011
Tourism: Small Increase in Overnight Stays
Results of the first half of the winter season 2010/11: 0.8% rise in overnight stays due to non-resident visitors.
February 24, 2011
Rosenbauer Group: Growing Sales and Results
EBIT could almost double, revenues rose by 10%. However, the order intake decreased by 14%.
February 24, 2011
Molterer Nominated as Vice-President of the EIB
Former Vice-Chancellor and Finance Minister Wilhelm Molterer is nominanted as candidate for Vice-President of the European Investment Bank (EIB).
February 23, 2011
Sales Growth for Quehenberger
The Austrian logistics company posted higher sales in 2010 than expected, however without reaching the profit zone.
February 23, 2011
Libya Crisis: No Shortage of Supplies
The North African country ruled by massive unrest is Austria's second-largest oil supplier.
February 23, 2011
Manufacturing Industry Welcomes Red-White-Red Card"
IV-President Sorger: Innovative immigration system is an incentive for highly skilled workers; the abolition of the quota is a major political location signal.
February 23, 2011
Kazakhstan as a Chance for Foreign Trade
Austrian Economic Chamber promotes further development of economic relations with Kazakhstan.
February 23, 2011
WKÖ: "Clear Commitment to the Brenner Base Tunnel is Needed”
The chairman of the Austrian Economic Chamber considers the tunnel between Italy and Austria as a pioneering infrastructure project.
February 23, 2011
Vienna Stock Exchange: Winners and Losers (2011-02-22)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 23, 2011
Palfinger Announces Generation Change in its Supervisory Board
Hubert Palfinger and Alexander Exner retire from the Board. Hannes Palfinger and Heinrich Dieter Kiener are first-time nominees for election to the Board.
February 23, 2011
Intercell Issues Convertible Bond
The Austrian pharmaceutical company Intercell starts offering of € 30.8m senior convertible debt financing.
February 23, 2011
OMV Expects Reduction in Oil Production in Libya
The Austrian energy company, which also operates in Libya, cannot eliminate any possibility of a decline in the oil production anymore.
February 23, 2011
Agrana Expands in Russia
The Austrian sugar and starch company invests € 27.6m in fast-growing Russian market.
February 23, 2011
Wienerberger Still in the Red
The Austrian brick manufacturer experiences declining sales. Losses were reduced.
February 23, 2011
S&T Restructuring: Agreement with Banks Concluded
Detailed negotiations with banks were successfully concluded by the Austrian software company.
February 23, 2011
Libya: Withdrawal of Austrian Companies
Most Austrian companies are getting their employees out as the result of violent riots in Libya.
February 22, 2011
Southstream: Gazprom-OMV Cooperation
OMV and Russian Gazprom will work together on the construction of the Austrian part of the Southstream pipeline.
February 22, 2011
Brenner Tunnel: ÖBB will not pay
The Austrian Federal Railways will only accept to build the tunnel for € 10bn, if the costs are passed on to the state.
February 22, 2011
Sales Declining at Strabag
The Austrian construction company recorded an output volume at € 12.8bn in 2010. Order backlog up 6%
February 22, 2011
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