Food Industry

Management of New Joint Venture Ybbstaler Agrana Juice Appointed

Following the closing of the joint venture deal between Agrana Juice Holding GmbH and Ybbstaler Fruit Austria GmbH, the management team of the new company has now been appointed.

June 1, 2012

Declining Sales at Ottakringer

The Austrian beer and mineral water producer faces a shrinking market in the first quarter of 2012. Sales fell by 8.9%.

May 16, 2012

Red Bull Still Waits for China

The Austrian energy drink producer aims to enter the Chinese market but still waits for the approval by Chinese authorities.

May 16, 2012

Record Results at Agrana

The Austrian sugar and starch company could raise revenues and earnings significantly. The dividend increases to € 3.60 per share. A moderate increase in revenue is expected.

May 15, 2012

Schlumberger Wants to Raise Exports

The Austrian producer of sparkling wine wants to reach an export quota of 50%.

May 12, 2012

Manner: Decent Growth Rates

The Vienna-listed food producer recorded a rise in revenues of 3.7% in the first three months of 2012.

May 12, 2012

Agrana Starts € 65m Investment

The Austrian sugar and starch company is laying the foundation stone for a wheat starch plant in Lower Austria.

May 3, 2012

Agrana Aims for Expansion into Balkan Region

The Austrian sugar and starch company Agrana is looking for acquisition targets in the Western Balkans.

April 23, 2012

„Power Struggle“: Red Bull Declines Rumors

Red Bull commented that reports on an arising power struggle between the two owners are nothing else as “fanciful speculations”.

April 6, 2012

EU Approved Joint Venture between Agrana and Ybbstaler

The EU Commission granted Agrana and RWA Raiffeisen Ware Austria the green light for the merger of their fruit juice concentrates subsidiaries.

April 5, 2012

Power Struggle at Red Bull?

After the death of the inventor of Thai-Austrian energy drink, a power struggle between Mateschitz and the new majority owner may arise.

April 4, 2012

Go-Ahead for Joint Venture Between Agrana and RWA.

EU Commission approves joint venture between the two Austrian food companies Agrana Juice Holding GmbH and Ybbstaler Fruit Austria GmbH (RWA).

April 4, 2012

Pröll Declines Konrad´s Succession

Josef Pröll, former Austrian Minister of Finance, excludes rumors about the succession of RZB´s chairman Christian Konrad.

March 30, 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

New Sales Record at Pfanner

The Austrian fruit juice producer achieved constant growth rates last year. Sales were up to € 245m.

March 24, 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

Substantial Rise in Sales at Red Bull

The Austrian energy drink producer sold 4.6 billion cans last year. Sales were up by 12%.

March 21, 2012

Red Bull Not Interested in Monster Beverage

Monster Beverage may not be a willing target. Moreover, the Austrian energy drink producer achieves strong organic growth in the U.S.

March 12, 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

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

Agrana Expands in Russia

The Austrian fruit and starch company invests € 27m in a factory site in Russia.

February 16, 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

Coca Cola Closes Viennese Site

For cost reasons, the U.S. soft drink producer shifts production from Vienna to Burgenland. 80 employees will be laid off.

February 2, 2012

Agrana Completes Campaigns

The Austrian sugar and starch company successfully completes the 2011|12 sugar beet and potato starch campaigns – its longest ever.

January 25, 2012

Moderate Growth at Darbo

The Austrian jam producer Darbo could continue ist growth course in 2011. Sales were up by 2.5%.

January 23, 2012

Agrana Achieves Significant Rise in Earnings

The Austrian fruit and starch company posts its results for first three quarters of 2011|12. Revenues were up from € 1.62bn to € 1.95bn.

January 12, 2012

Zotter Sounds Chinese Market

The Austrian chocolatier Josef Zotter wants to offer his products to Chinese customers. A market entry is considered.

January 11, 2012

Agrana Sues Chinese Yantai North Andre Juice.

The Austrian sugar and starch company claims $ 9.8m from the Chinese Yantai North Andre Juice.

January 9, 2012

café & Co Achieves Substantial Sales Growth

The Austrian coffee dispenser caterer records a 11% sales increase, which is due to business growth in Eastern Europe.

January 3, 2012

Schlumberger Achieves Strong Sales Growth

The Viennese sparkling wine company records a 19% sales growth.

December 28, 2011

Marihart Becomes President of Primary Food Industry

Johann Marihart, CEO of the Austrian sugar and starch group Agrana, takes charge of PFP, the association of the primary food processing industry in 2012.

December 14, 2011

Manner Expands Production

The Viennese confectionary company invests massively in its production facilities. The main factory will be enlarged.

December 7, 2011

Austrian Inflation Decreases to 3.4%

Consumer Price Inflation decreased to +3.4% in October 2011. The main draivers are lodging and energy prices.

November 16, 2011

Stable Results for Ottakringer

In spite of increasing costs and sales problems in Hungary, the Austrian major brewery and mineral water producer expects to maintain results of 2010.

November 12, 2011

Agrana to Expand into South Africa

The Austrian fruit and starch company consolidates its presence in South Africa and starts production of fruit preparations in Johannesburg.

November 7, 2011

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

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

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

Agrana: Successful Completion of Campaigns

Agrana completed the sugar beet campaign at the sugar processing plant in Tulln|Lower Austria and, therefore, the 2010|2011 processing season at all of its facilities.

January 21, 2011

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

Red Bull taking flight

In 2008 and 2009, the energy drink maker halved the gain compared to 2007. Red Bull boss Dietrich Mateschitz wants his energy drink to build on old booms and sparkles, and he is optimistic.

July 23, 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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