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Signa's Major Project "Lamarr" in Vienna Seeks New Owner
The prestigious "Lamarr" real estate project on the bustling Mariahilfer Strasse, a flagship property of the troubled Signa Group, is now officially on the market.
March 6, 2024
Weekly Briefing: Newest Developments in Diplomacy and Vienna
Read about the latest developments in diplomacy in Vienna and Austria. The Georgian Prime Minister visited Austria and Vienna enables Ukrainian displaced persons to graduate from Ukrainian high school. In addition, Austria's Chancellor visited Israel and concluded an important agreement there. Furthermore, expats in Austria appreciate the high quality of life, but do not feel welcome. Read more about this week's developments.
July 14, 2022
Croatia's Euro Accession: "Great Advantages for the Domestic Economy "
As of 1 January 2022, Croatia will officially become part of the euro area. This holds great opportunities for Austrian companies.
July 13, 2022
Spar to Relaunch "Huma” Shopping Park in Vienna-Simmering
The starting signal for building work to turn the HUMA Shopping Center into probably the most modern shopping center in the capital has already been given in December 2014. A shopping center with more than 90 shops, restaurants, catering outlets and services, 2000 free parking spaces and 800 jobs is being built at a traditional location in Vienna-Simmering on a gross leasable area of 50,000 square meters.
February 17, 2015
SPAR Österreichische Warenhandels-AG sells its subsidiary SPAR Ceská
obchodní spolecnost s.r.o.
SPAR Österreichische Warenhandels-AG sells its subsidiary SPAR Ceská obchodní spolecnost s.r.o.
March 11, 2014
Spar: Growth Plans In Czech Republic
Retailer Spar has lost a total of € 130m in the past eight years in the Czech Republic. Despite of that, the trade chain has plans of expansion. Particularly the network of frachise stores is supposed to grow.
August 30, 2013
Spar Becoming More Profitable
Spar made profits before taxes in the amount of € 164m last year with food, sport articles and shopping center floor space.
June 27, 2013
Spar: Expanding in Hungary
Spar Austria Group intends to expand the meat plant near Budapest and the entire branch network in Hungary.
April 18, 2013
Spar Records Losses in Hungary
The Austrian retail chain operates 400 branches in Hungary. The economic crisis caused substantial losses.
September 13, 2012
Austria's Top 10 brands: Red Bull Extends its Lead
The drinks giant has further increased its lead as Austria's most valuable brand. The top ten brands have a value of almost € 33bn.
July 13, 2012
Orban Defends Hungarian Economic Policy
The Hungarian Prime Minister Viktor Orban met Austrian policymakers in Vienna. The Hungarian bank tax should be replaced by a financial transaction tax.
June 13, 2012
Zielpunkt: „Not for Sale“
The new owner of the Austrian supermarket chain, Jan Satek, says that there are no plans to re-sell Zielpunkt.
April 10, 2012
Slight Growth Rates of Spar in CEE Region
For the first time, the Austrian supermarket chain´s sales totaled more than € 12.0bn in 2012. Sales growth amounted to 3.8%.
February 24, 2012
Agrana Raises Sugar Price Drastically
The Austrian sugar and starch company confirmed that the sugar price will rise significantly by the beginning of October. This is due to the “world market price”, the company stated.
September 6, 2011
Sales Declining at Spar Hungary
The food trade chain records declining sales in Hungary - for the first time in its history.
March 4, 2011
Spar: Moderate Growth in Market Share
The Austrian food trade group recorded a sales increase of 4.4% in the previous year. Growth in the CEE region turns out weaker.
February 18, 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
Hungary: Calls for Boycotts against Foreign Companies in Hungary
A Hungarian initiative demands that 13 foreign companies be boycotted, including Austrian OMV
January 18, 2011
13 CEOs Call For Sanctions Against Hungary
Because of the new taxes introduced by the Hungarian government, a group of prominent European CEOs call for EU-sanctions.
January 2, 2011
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