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Archive for May, 2008

Glass from Riedel is sold around the world.
“I am the glass maker from Austria”, says the principal of the firm, Georg J. Riedel, when he introduces himself abroad.
Riedel Glass exists since 250 year, and operates in the 11th generation today.

The father of Georg J. Riedel had to restart the business after the second world [...]

Prefabricated house manufacturer Kampa wants to expand its hub for the Eastern European market in the East Austrian town of Siegendorf, which can be found in the federal state of Burgenland.
Kampa is a company from Germany. The Germans want to invest 2,5 million Euro for its main location in Austria. The extension should include a [...]

Walter Meinhart thinks that the German market has much more potential as Eastern Europe.
Already this year he wants to earn 20 million Euro in Germany.

Since 2007 the cable merchant from St. Florian, a little town in the east of Upper Austria, is busy with the foundations of distribution establishments in Hamburg, Berlin, Dortmund and Munich. [...]

Party time in India! The Austrian company “Benczak” from the federal state of Burgenland, is going to build a whiskey factory in the south if India.
When the building of the factory is done, the Indians are also interested in wine, but whiskey had their preference.

Indians are excited about Austrian wine. They are also interested to [...]

The German combine ThyssenKrupp from Düsseldorf is going to close its plant for the manufacture of elevators in the Austrian town of Gratkorn.
300 employees are affected. The factory should close in 18 months.

Gratkorn is located in the north of Styrias provincial capital of Graz. The main reasons of the closure are the competitive pressure, and [...]

The Austrian family enterprise Swarovski suffers under a low dollar price, and cheap business competition from Egypt and China.
These are the main reasons that the company thinks to cut about 400 jobs.

The sales decreased down to 5 percent. Now the company must also decrease its output.
Not that serious is the situation for the managers of [...]


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