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The Austrian textile company “IPM” from Vienna has bought 50% of the merchandising rights for the Football Euro 2008 in Austria and Switzerland.
The company belongs to Akhim Türesin. A Turkish man with Austrian passport, who founded his compamy ten years ago.
The license to produce merchandising items for the Football Euro next year should bring sales […]

Everybody knows them in Austria. They are famous Austrians, and they are give buy recommendations for money.
Now the market research institute Marktagent.com detected the most important Austrian celebrities in the advertising industry.
Result: the ski racer Hermann Maier is the most famous Austrian. Behind comes the pop singer Christina Stürmer, the bronze medal goes to another […]

Unconfirmed rumours tell the Austrian building company Strabag of Hans Peter Haselsteiner has found the richest Russian Oleg Deripaska as a new investor.
Strabag delays its initial public offer to summer.

30% should be the target share of the Russian. Deripaska has a special connection to Austria. His grandfather died as soldiers in the Lower Austrian town […]

The plans of Telekom Austria to access the Greek Hellenic Telecom (OTE) are canceled.
OTE is Greeks biggest telephone provider and Telekom Austria was interested to get some access. Now Telekom Austria reconsidered its decisions and broke off the talks with the Greeks.
Reason: the Greek company was not willing to give up their control in the […]

According to the Latvian newspaper “Dienas Bizness”, the three Austrian investors Herbert Cordt, Martin Schlaff and Josef Taus are interested to buy the Latvian oil company “Ventbunkers” and with it the oil port in the Latvian town Ventspils.
The talks already took place in Vienna.

The medias in Latvia are very interested about the deal. They fear […]

There are always rumours about the bricks manufacturer Wienerberger being a takeover candidate on the stock exchange market. But there is no buyer in sight, says Wienerberger boss Wolfgang Reithofer.
Reithofer is open for any kind of financial investors. “Everything is possible on the capital market”, he says.

Wienerberger is 100% in free float. No share holder […]

Austrian companies are planning to invest billions of EUR in the Russian region of Krasnodar.
The Raiffeisenlandesbank from the federal state Upper Austria has arranged a close cooperation with the Southern Russian province Krasnodar.
Exports and foreign direct investments are the watchwords of the cooperation.
Investments in the fields of agriculture, healthcare and infrastructure should be done. Austrians […]

The dairy factories in Austria are optimistic about the future.
Even for the case if the EU-milk-quota-system is going to end in 2015.
The market is stable and the milk price increased for the third time in a row last year.

The Austrian dairy industry was able to keep the sales in the domestic market stable. The export […]

This weeks Thursday is the day of the start of the brewing trial. Impeachment: illicit transactions in shares.
16 former Austrian Beer Brew Public Limited Company and Austrian Brau Union shareholders have to show up on the court of the Viennese district court.
Among the defendants also former chairman Karl Büche as well as Ludwig Beurle and […]

Café+Co belongs to the Raiffeisenbank. The operator of hot beverage vending machines plans expansion and access into new markets.
The company wants to have establishments in Moscow, Serbia, Romania and Bulgaria.
“We benifit from the good conjuncture”, says Café+Co boss Gerald Steger. After the plus of 13 percent last year to sales of 98 mio EUR, the […]

The bankrupt textile refiner Heinisch from the Upper Austrian town of Hörsching, should keep its healthy yarn branch. The field clothes should be closed.
94 jobs are affected in Hörsching. Liquidator Erhard Hackl: “We have orders which we have to proceed to avoid harms. There is a workload until the beginning of May.”

The healthy yarn branch […]

The inventor of Austrias famous Kornspitz bread, the baking mixture manufacturer Backaldrin from Upper Austria, jumps from success to success. The sales explode and Backaldrin invests.
20 mio EUR are going to be invested in its main factory in Asten, close to Upper Austrias capital Linz. A high-bay warehouse for 11.000 stillage spaces as well as […]

The Germans, who are specialists on sanitations, take over the majority of the Austrian fashion chain store Schöps.
The domestic fashion company gets the second time within few months a new main proprietor. The future of Schöps is unclear. A press conference should bring some light into the deal.

Arques Industries AG is a participations holding who […]

After the financial distasters of the two football teams from Graz, the namebearer of their home ground UPC thinks to cancel the contract.
“Should both clubs from Graz disappear from the first league, we are going to cancel the contract”, says one speaker of the internet TV and telephone company.

At the moment UPC pays about 100.000 […]