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January 31, 2023
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F & B Industry

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Tourism in Austria: Number of Overnight Stays at the Level of 1970

Corona-related business closures and international travel restrictions continued to hit tourism in Austria hard in 2021. The number of arrivals by foreign guests fell by a further 15.6% in 2021 compared with the first pandemic year of 2020. Germans stayed 16.6% less, Dutch 41.4%, and Swiss and Liechtensteiners 36.6% less.

February 1, 2022
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FDI in Austria: German Chocolate Group a "Success Story" Just One Year After Mars Takeover

Foreign direct investment is on a downward trend in Austria relative to GDP. It is therefore all the more gratifying that the Baden-Württemberg family-owned company Alfred Ritter is ranked as one of the "success stories" in the ABA ranking barely one year after the Mars takeover and start of production in Breitenbrunn, Burgenland.

January 14, 2022
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Agrana Increases Earnings in First Three Quarters

The Austrian sugar and starch company expects revenues of € 2.5bn fort he full year 2011/12.

December 22, 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
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More Dividends For Agrana´s Shareholders

The Austrian fruit and starch company Agrana announces a dividend increase for the business year 2011/12.

October 22, 2011

Agrana: Strong Results for First Half of 2011|12

The Austrian sugar and starch company expects a significant increase in pre-exceptionals operating profit for the full year.

October 13, 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

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

New Record in Agricultural Foreign Trade

The first half of 2011 brought double-digit growth rates in all product categories. Exports to Hungary increased by 43%, making it the number three buyer country.

October 6, 2011
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TGW Aims for China and Brazil

The Austrian logistics company currently realizes its biggest orders in its history. Moreover, TGW intends to expand substantially.

October 1, 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

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

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
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Declining Sales for Schlumberger

Revenue of the Austrian champagne and spirits producer dropped by 3.9% in the first quarter of financial year 2011/12.

August 10, 2011

Do & Co Expands in New York

The Austrian catering company has expansion plans. The production area in New York will be doubled and one company will be acquired by the end of the year.

August 9, 2011

Good Year for Cereal Farmers

Cereal production is expected to increase to 5.3 million tons, a plus of 13% compared to 2010 and clearly above long-term average.

August 5, 2011

Agricultural Exports Are Booming

Foreign demand for fruits, vegetables and other products from Austria is growing. Exports went up 21% and amounted to € 2.18bn in the first quarter of 2011.

July 21, 2011

Food Prices Continue to Rise Rapidly

Within three months, prices increased by more than 8%. The Austrian Chamber of Labor asked the government to take countermeasures.

July 19, 2011
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First Quarter: Agrana Improved Revenue and Earnings

The Austrian sugar, starch and fruit company increased revenue by 13.4% in the first three months of financial year 2011/2012. Operating profit went up 79.6%.

July 14, 2011

Pfanner with Record Investment

The Austrian fruit juice and ice tea producer will make the largest investment in its history. A 5% increase in revenue is planned this year.

June 29, 2011

Agrana Increases Annual Guidance after Strong First Quarter

The Austrian sugar, starch and fruit company expects significant improvement in results in the financial year 2011/12. Revenue increased by 13% in the first three months.

June 22, 2011

Expansion Plans at Do&Co;

The Austrian catering company reported strong growth in revenue and earnings. Cash on hand will be used for worldwide expansion.

June 7, 2011

Agrana Opens Production Site in Egypt

The Austrian fruit, starch and sugar company has started production in its new plant which is seen as a basis for further expansion in the Middle East and North Africa.

June 7, 2011
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Ex-Finance Minister Pröll Hired by Raiffeisen

The former Austrian Finance Minister was named CEO of Leipnik-Lundenburger Invest Beteiligungs AG as of July 1.

June 1, 2011

Agrana Interested in Hellenic Sugar

The Austrian sugar and starch company is said to be interested in an acquisition of the Greek company which incurred a loss of € 27.1m in the last year.

May 31, 2011

Strong Profit Growth for Agrana

The Austrian sugar and starch company could record an increase in sales by 8.9%. The starch segment could grow faster than the sugar segment.

May 13, 2011

Sales Increase for Ottakringer Group

The beverage was able to increase its sales by 32% in the first quarter, compared with the same period of the previous year.

May 13, 2011

Kraft Foods Austria Reports Rising Sales

The U.S. food company could rise its sales figures by 4.8% in Austria. However, costs are increasing substantially.

May 9, 2011
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Declining Profits for Manner

The Austrian candy manufacturer experienced a steep rise in expenditures for commodities. EBIT declined from € 7.0m to € 4.2m.

April 30, 2011

Mixed Results for Agricultural Output

2009/10: Good supply with food and animal feed of crops - 7.6% of foreign trade volume is made by agricultural products. Production of wine and cereals decreases, oil seeds, fruits and vegetables rises.

April 30, 2011

Austrians are Patriots when Shopping for Food

A majority of Austrian consumers puts emphasis on the domestic origin of food.

April 27, 2011

Austria's Dairy Industry has Overcome the Crisis

Sales of dairies increased by 5%, results declined slightly. The export share is 43.5%.

April 20, 2011

Inflation went up to 3.1%

Austrian Consumer Price Inflation increased to 3.1% in March 2011 - the main drivers are energy and food prices.

April 16, 2011
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Resch &Frisch - Expands to Italy

The baked goods producer was able to increase its sales in 2010 again. The market is to be expanded to the south.

April 13, 2011

Schlumberger Takes Over Distribution of Evian and Volvic

The Austrian sparkling wine producer considers this cooperation a "strategic expansion of the beverage competence by means of international Danone water brands".

April 5, 2011

Brau Union with Stable Results

The Austrian brewery Brau Union has sold more beer again, while maintaining sales and profits. Innovations and a more aggressive pricing policy provided for market growth.

March 26, 2011 · Updated: March 26, 2011; 12:10

The Austrian Food Industry Still Suffers from Sales Decreases

The domestic food industry is faced with declining sales for the second year in a row: 2010 registered a decrease of 4.5%.

March 24, 2011 · Updated: March 24, 2011; 01:01

Awards for Austrian Products at British Food Fair

Economic Delegate Karabaczek: Austrian food producers scored in product innovation and top-quality in the UK.

March 19, 2011
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Rising Sales for Pfanner

The Austrian fruit juice producer achieves sales at its pre-crisis level. In 2010, sales amounted to € 235m after € 225m in 2009.

March 19, 2011

Austrian Inflation Rate Increases up to 3.1%

Consumer Price Inflation (HICP) jumped to 3.1% in February 2011, which is mainly due to the increase in prices for energy, fuel, rents and foodstuffs.

March 17, 2011

New Plant for Agrana

The Austrian sugar and starch company builds a wheat starch plant - investment volume € 56m.

March 10, 2011

Gastronomy Rejects New Beverage Tax

Austria's restaurateurs and brewers fear an "attack on tourism and restaurant culture."

March 9, 2011

Danone Reports € 63m of Sales

The French producer of dairy products realizes € 63m of sales in Austria. Danone intends to extend its product line with organic products.

March 5, 2011

Slight Increase in Sales for Ottakringer

Yesterday, the Vienna beverage company Ottakringer Getränke AG announced preliminary figures for the financial year 2010.

March 3, 2011

Austrian Inflation Speeds Up

The Austrian consumer price inflation increased to 2.5% in January 2011. This development has been caused by rising energy prices.

March 1, 2011

Agrana Expands in Russia

The Austrian sugar and starch company invests € 27.6m in fast-growing Russian market.

February 23, 2011

Red Bull Intends to Double Sales

The Austrian energy drink producer plans a period of strong growth for the next eight years.

February 15, 2011

Schlumberger Grows Moderately

Schlumberger, the stock exchange listed champagne and spirits manufacturer has achieved a sales growth of 4.3% in the first three quarters of 2010/11.

February 11, 2011

Sales Increase for Waldquelle

The Austrian-Czech mineral water producer increased its sales moderately in 2010. The market share increases continuously.

February 11, 2011
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