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Retail Industry

Strong Sales and Weak Profits in Austria's Retail Business

Almost all sectors recorded sales growth, but not all businesses benefited from the boom: "Sales growth is not equal to profit growth".

February 16, 2011

Market Adjustments at the Gas Stations Business

Doppler, the largest private operator of gas stations in Austria predicts a decline in the gas station network.

February 11, 2011

Productivity of Shopping Centers is Stagnating

A RegioPlan study shows that only 30 of 70 surveyed Austrian shopping centers have increased their productivity.

February 10, 2011

Burger is the New Chairman of the Vivatis Group

The food company, owned by RLB Oberösterreich obtains an industry expert with Armin Burger.

February 9, 2011

Consumption Expenditure of Foreign Tourists Grows

Russian and Chinese tourists are proving to be particularly generous consumers in Austria. Overall sales rose by 23% in 2010.

February 3, 2011

Austrian Retail Trade Accelerates Economic Upward Trend

In 2010, the Austrian retail trade rose by 4.0%. Thus, this figure represents the highest retail trade growth since the 1990s.

February 2, 2011

Bawag has to Sell Non-Core Business

The Austrian bank, which is owned by the US-American investor Cerberus, is obliged to sell its non-banking subsidiaries.

January 29, 2011

Strong Sales Growth for DiTech

Net sales for the in-house production PC stores increased by 31% to € 96.2 m. 38.3% of sales are generated online.

January 27, 2011

A Quiet Year for the Shopping Center Industry

Only a few large projects will be tackled in 2011 by Austria's shopping center industry; renovation of existing facilities rather prevails.

January 27, 2011

Sales Increases for the Pfeiffer Group

The Upper Austrian commercial group increased its sales last year to € 682m. Price pressures are however immense, according to Pfeiffer.

January 13, 2011

Record of New Car Registrations

The number of registrations of new passenger cars registered an increase in Austria of 2.9% compared with 2009, with a total of 328,563 vehicles.

January 12, 2011

Austrian SME as a Source of Innovation

Austria's small and medium enterprises are, according to the Small and Medium-Sized Business report, the main driver for innovations.

January 7, 2011

REWE Group Focuses on Wind Power

6500 MWh of electricity per year are generated by wind turbines in the Lower Austrian Haindorf. The energy produced is bought by the REWE Group.

December 28, 2010

Austrians spend about € 2.5bn on gifts

Spending propensity shows a rising trend. Cash is still the most widely means of payment.

December 14, 2010

Increase of Austrians’ Purchasing Power

Despite higher taxes and lower benefits, the purchasing power of the Austrian people will grow in 2011 by an estimated 2.6%.

December 7, 2010

Sales Gowth in the Services Sector

In the third quarter, trade and services reached a revenue growth of 7.2% over the previous quarter of this year and of 5.2% over the same quarter of the previous year.

December 7, 2010

Salary Increase in Trade up to 2.3%

Low incomes are taken more into account than higher salaries; the minimum wage in trade now amounts to € 1,300.

November 30, 2010

GPA: Private Employees Receive 2.2% Salary Increase.

Bigger salaries in trade, crafts and consulting: the negotiators consider this to be a "reasonable result".

November 17, 2010

Immofinanz Expands into the Czech Republic and Slovakia

Immofinanz established a new retail concept: STOP.SHOP. has grown in both importance and size in recent years. The Czech Republic and Slovakia are the most important countries.

November 11, 2010

Strong Growth of Austria's Export Figures

Growth in exports was 15.3% in the first eight months of 2010, mainly to emerging markets.

November 10, 2010

Fast Growth in Temporary Employment

The demand for temporary workers has increased strongly on the Austrian labor market strong, reaching almost the level before the economic crisis.

November 9, 2010

Post Partners: The Concept Establishes Itself

The concept developed by the Wirtschaftskammer and the Post is more successful than expected. In total it should come to 2,000 branches.

November 9, 2010

Manufacturing and Export Trade are Growth Driving Forces

Austria's export sector and the manufacturing industry will benefit in particular from the strong economy situation in Germany. The labor market continues being animated, particularly manufacturing industry-related areas.

November 5, 2010

New Retail Project in Constanta for Immofinanz

A new center located in Constanta, Romania, offering international tenants business opportunities in 130 retail units, will be opened in 2011.

October 30, 2010

Shopping Climate Index CEE - Slight Consumption Rebound

For the first time in the past two years the RegioData Shopping Climate Index CEE has improved considerably compared to the previous quarter.

October 12, 2010

Furniture Trade Grows by Feeble 1.6%

Austrian furniture retail-sales reported a growth of just 1.6% and therefore has showed growth for the sixth consecutive time. The low rate is due to products that are actually not furniture.

September 23, 2010
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