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F & B Industry

Berglandmilch Merger Approved

The merger between the Austrian market leader Berglandmilch and Tirolmilch was approved by the Federal Competition Authority (FCA).

February 5, 2011

Agrana Closes Chinese Joint Venture

The Austrian Agrana and the Chinese YNA divide their joint ventures for apple juice concentrate in China.

February 2, 2011

Austria's Agricultural Exports Grow

Agricultural exports were able to recover, but have not reached yet the 2008 level.

January 22, 2011

Record Results for Red Bull

The Austrian producer of energy drinks reached its best results ever in 2010 thanks to the markets in Turkey, Japan and Brazil.

January 22, 2011

Inflation Increased up to 2.2% in Austria

The Consumer Price Inflation (HICP) increased up to 2.2 % in December 2010. This was mainly due to energy prices.

January 15, 2011

Agrana´s Upward Trend Continues

With a strong third quarter, Agrana, the Austrian sugar, starch and fruit group, continued its positive performance of the current financial year.

January 14, 2011

Commodity and Food Prices Rising

Austrian Wholesale price index in December 2010: +9.1% against December 2009; annual average 2010: +5.0% against 2009.

January 5, 2011

Schlumberger: Seasonal Business Goes Well

Austria's largest producer of sparkling wine was able to improve its results and sales. Only the cash flow remains negative.

December 27, 2010

New Markets for Red Bull and Rauch

The Austrian Food companies Rauch and Red Bull open new distribution networks through the Croatian Atlantic Group.

December 21, 2010

Ottakringer expands range of products

The Austrian beverage company performed four significant acquisitions, causing Ottakringer to be also represented in the CEE region.

December 16, 2010

Strong Sales Growth at Infineon Austria

The semiconductor manufacturer increased sales by 47% in 2009/10. The Austria location will be expanded.

December 6, 2010

DO & CO - Good Results in a Difficult Environment

The Austrian catering company Do&Co; currently achieves high growth in profits. Globally, Do&Co; however remains a small player.

December 2, 2010

Food Industry Under Pressure

Above all, lack of capital and high labor costs are plaguing Austrian food producers.

November 24, 2010

Consumer Price Inflation up to 2.0% in October 2010

Main drivers for inflation are energy prices. Thus, inflation further accelerates.

November 16, 2010

Infenion Announces 4Q 2010 Results

Quarterly revenue up by 6 percent sequentially. Segment Results of € 171m, a 24 percent increase from prior quarter.

November 16, 2010

Ottakringer Expands

After restructuring, the Vienna beer and mineral water producer plans to grow through acquisitions.

November 12, 2010

Manner: Slight Decline in Sales and Profits

Sales of the Viennese confectionery manufacturer are 1.4% lower that those of the previous year. Continued high prices of raw materials put pressure on the results.

November 11, 2010

ADEG Opens First Petrol Station

ADEG, a wholly-owned subsidiary of REWE AG, now expands its business by starting to provide the Styrian petrol stations.

October 14, 2010

Klosterneuburg: LVA Invests 11.2 million euro in New Complex

The private food testing institution is erecting a new office and laboratory building north of Vienna, with 4,500 square meters of floor space for 120 employees.

October 13, 2010

Kotányi: Sales in Russia Exceed 20 Million Euro

The Lower Austrian herb and spice producer expects sales in Russia for over 20 million euro this year.

October 12, 2010

Wine Retailer Chain Wein & Co Expands

Wein & Co continues expanding. Since December 2009, 3 new stores have been opened. Tomorrow a new branch follows in the PlusCity in Linz, and for October and November further locations are expected at the Donauzentrum and the Mariahilfer street.

October 7, 2010

Demmers Teehaus Seeks Entry into New CEE Markets

The Austrian tea specialist Demmer, who is expanding into CEE with a franchising strategy, wants to enter new markets.

September 30, 2010

Alpenmilch and Käsehof Under the Leadership of Christian Leeb

After the merger between Alpenmilch Salzburg and Käsehof in the summer of 2010, both companies are under common management: Alpenmilch CEO Christian Leeb has now been appointed by the General Assembly also as Käsehof CEO.

September 23, 2010

Tirol Milch Votes for Takeover by Berglandmilch

The General Assembly resulted in 88.26% voting for the takeover by Berglandmilch of Upper Austria. The Berglandmilch cooperatives and the antitrust authority have to agree yet.

September 21, 2010

Wine Exports: Prices Rose by 14%

Local winemakers were able to achieve an average price of 1.91 € per liter for exported wine. However, the total volume of wine exported declined.

September 16, 2010

Zotter intends to conquer German cities

The Styrian chocolate maker Josef Zotter wants to open chocolate shops in the German cities of Berlin, Hamburg and Munich. He is currently looking for experienced franchise partners.

September 9, 2010

Ankerbrot opens its first own CEE store

After the Austrian company has grown a year ago with partners in CEE, the management now has opened a branch office in Bratislava.

September 8, 2010

Dairy firms Tirol Milch and Berglandmilch to merge

Austrian dairy companies Tirol Milch and Berglandmilch are reportedly planning to merge operations and create the nation’s largest dairy company.

June 14, 2010
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