Tyrol

Increase of Profits at RLB Tirol

Raiffeisenlandesbank Tirol registered a higher yearly net profit despite falling income. Risk provisions were greatly reduced.

April 5, 2011

BTV with Record Figures in 2010

The regional bank for Tyrol and Vorarlberg was able to increase its net income from 20.4% to 61.8%.

March 26, 2011 · Updated: March 26, 2011; 13:03

Tax Revenue from the Tyrolean Industry is Picking up Strongly

IV (Industrialists Association) President Schretter said: "The manufacturing industry contributes hugely to prosperity; no new burdens for our companies, the costs of green electricity are an enormous burden"

March 15, 2011

Signa Holding Invests More than € 1.00bn

The Austrian real estate holding company conducted by Rene Benko intends to put strong effort into further growth.

March 7, 2011

Brenner Tunnel: ÖBB will not pay

The Austrian Federal Railways will only accept to build the tunnel for € 10bn, if the costs are passed on to the state.

February 22, 2011

Kneissl is Insolvent

Parts of the Austrian Kneissl group have started insolvency. Sheikh Al Jaber’s capital contribution did not take place.

February 8, 2011

Energie AG Plans Capital Increase

The Upper-Austrian energy company is to raise funds in order to realize further investment projects.

February 7, 2011

Sales Increase at Darbo

The Austrian jam manufacturer increased its sales by 5% in 2010. Already 42% go to exports.

February 5, 2011

Berglandmilch Merger Approved

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

February 5, 2011

Austria Provides 1.09 million Beds for Tourists in 2010

In Austria, the bed capacity utilization in the winter season is higher than in the summer season.

February 4, 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

Swarovski plans to grow again

The traditional Tyrolean company intends to increase its sales by 10% after three difficult years.

February 1, 2011

Increase in Passengers at Austrian Airports

Every of the six Austrian Airports could record substantial growth in passengers in 2010. Their number rose by 7.9%.

January 31, 2011

Kneissl: Insolvency Seems Inevitable

The traditional Austrian ski producer Kneissl, owned by the Arab investor Al Jaber, did not pay its mature liabilities for months.

January 3, 2011

Hypo Tirol Regroups

The Tyrolean Hypo Bank AG is planning a new market direction, staff restructuring and financial consolidation.

November 16, 2010

Réné Benko Has already Invested 700 Million Euro This Year

The Tyrolean invests as heavily as before in Vienna and Innsbruck real estate. As to Eastern Europe, he expresses cautious optimism.

October 19, 2010
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