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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 [...]

The Upper Austrian windows manufacturer Internorm, has to face a double-digit minus in its most important market Germany.
The two main reasons of the dropping sales in Germany are the discontinuation of the first-home buyer allowance, and the lift in value-added tax.

Building a house in Germany became 50.000 EUR more expensive, which decreased the number of [...]

Tiscover is the subsidiary of the Tyrolean holiday advertising, and one of Austrias first holiday websites in the internet.
Four years ago the provincial government of Tirol decided to sell the website, which offers online bookings for Austrian holidays, but the dot-com bubble bursted and the sale was canceled.

Now should be the right time for a [...]

The Upper Austrian manufacturer of starter coal, the enterprise Hoffmann Elektrokohle AG (HEAG), expects a big deal in Japan.
This years sales should increase from 57,2 up to 61 mio EUR.

The Japanese deal should make the dream come true to open the whole market in Japan for the car supplier Hoffmann Elektrokohle AG (HEAG).
Already today the [...]

Lower Austrias building material manufacturer Ardex from Loosdorf is the Austrian location of the German enterprise.
Now Ardex invested 8 mio EUR in the extension of the Austrian location. Also the export should be increased.

Two new buildings were erected for the production process. One already existing building was extended.
Ardex manufactures special building materials for the range [...]

The first time since 2001 the Austrian fashion industry made more sales than four billions EUR.
Small and high-priced merchants benefit by the increased consumer acceptance. They are the true winners of the new sales record.

Not only the sales increased in the Austrian fashion business, but also the amount of fashion shops. Notable: not the big [...]

The Upper Austrian textile and fashion chain Fussl wants to open 12 new shops in the next 12 months. The sales of the enterprise should increase up to 73 mio EUR this year.

Fussl is also thinking to open several shops abroad. “But we have no pressure to do that”, says Fussl boss Karl Mayr junior. [...]

The building firm from Austrias federal state Upper Austria enforce its railway building sector, and buys the traditional Lower Austrian railway building company Petri.

Swietelsky has 6.600 employees and 1,11 billions EUR construction benefit. The enterprise from Upper Austrias provincial capital Linz has confirmed the deal to the federal competition authority.
Now Swietelsky and Petri Bahnbau have [...]

A new record in sales, announces the Lower Austrian formwork constructer Umdasch from Amstetten. For the first time its sales exceed the volume of one billion EUR.
Umdasch is the world market leader in formwork construction. Reason of the new record is the contribution on the construction works of the world biggest building: the Burj tower [...]

For the traditional clothes manufacturer Gössl from Salzburg it’s not enough to create textiles.
Gössl now started to manufacture bicycles. One Gössl bicycle cost 1880 EUR. The bicycle is made in retro style and has an electric motor.

“Gössl Rad” is the name of the new product and available in all chain stores of Gössl. The bicycle [...]

The shoe manufacturer “Shoe Fashion Group” from the Upper Austrian town of Taufkirchen expands its shoe-empire in record time.
New shops should rise, and also the original company building should be extended.

The group made an increase in turnover by 23 percent last year. This means from 51 mio EUR to 64 mio EUR.
New shoe shops should [...]

Dietrich Mateschitz did it again. Andreas Gall, who was the technical director of the Austrian Broadcasting Station ORF until last year, is the technical chief of the new TV channel “Red Bull TV”.
The new TV channel of Red Bull should improve the trade mark of the energy drink. Red Bull TV should have its focus [...]

The fittings manufacturer Blum from Vorarlberg is popular. At the moment the company has 360 trainees. That’s the amount of employees of an enterprise in a middle position.
Not only apprentices like to go to the company of Julius Blum in the little town of Höchst, which is located close to the Swiss border. During this [...]

The Upper Austrian food combine Vivatis buys 80 percent of the Weinbergmaier company from the Upper Austrian town Wolfern.
Vivatis belongs to the combine of the Raiffeisenlandesbank (RLB) Upper Austria. The Austrian newspaper “Neues Volksblatt” reports about the deal. The buying price was not mentioned.

Weinbergmaier is a family enterprise and has a long connection to Vivatis. [...]

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 [...]

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 [...]

The domestic steel combine from Linz buys the Styrian Böhler-Uddeholm, and Austrian politicans from all different parties are very happy about that.
Socialdemocratic leader Gusenbauer: “A day with great joy”. Peoples Party leader Molterer: “very interesting”. Commerce chamber chairman Leitl: “a win-win situation”.

VÖEST Alpine aspires 50 percent plus one share. Shareholders will receive a cash-offer of [...]

In spite of the record profit last year, the boss of Raiffeisen International don’t want to eliminate the idea of a capital increase.
Purchases in Armenia and Kazakhstan are reviewed at the moment.
Mega sales for Raiffeisen in 2007 did not satisfy the company. There are rumours about a capital increase over the stock exchange market. According [...]

The biggest concern of senior partners in Austria: the young generation has no interest to continue the business.
There are 50.000 takovers in Austria every year. 60% of all family enterprises think seriously about generation change.

Every fifth has not so much time left to prepare for the takeover. The generation change has to be finished this [...]

300 mio EUR sales at one dash. Possible, if you buy the traditional French copper group Gindre Duchavany.
The Austrian Industrialist Mirko Kovats finnished his biggest purchase for the A-Tec Industries, buying the French company with 450 co-workers and more than 300 mio EUR sales. Only the cartel authority must allow the deal in the following [...]

After the bankruptcy of the foundation company, the outlet center in Leobendorf wants to try by new managers and investors a second time.
The “Premium Outlet Center Leoville” in the South of Vienna opened in spring 2005 and had to file for bankruptcy recently. New managers should make a new start with radical changes now.

The main [...]

The Austrian spice producer reports a strong growth in sales in Eastern Europe and Russia.
The first time in company history, the foreign business overtops the domestic market by sales of 46 mio EUR (domestic market 44 mio EUR).

Since 125 years the Austrian family business Kotanyi is classified as expert in the sector of spices. The [...]

The delight for Strabag to receive the order to build the motorway network in Bosnian Republic Srpska was too early. Now also Alpine-Mayreder would like to do that.
The commission amounts the construction and management of 300 km motorway. The commission volume is estimate at 2 billion EUR. But Strabag makes a backtrack, and the head [...]

The Austrian real estate company “Immoeast AG” raised its inventory in Czech Republic to 1,29 mio square metres, and bought five new objects.
Five objects with office and retail real estates with a total of 110.000 square metres floor space in Czechs capital Prague and the second biggest city Brno, were bought in the beginning of [...]

The Upper Austrian food manufacturer Spitz was able to obtain high increases last year and the beginning of this year.
Especially exports to the Arabic area, Eastern Europe and Africa made the sales accelerate skywards.

Spitz will finish the business year 2007/08 with a new sales record. An increase of 6,2% up to 218,70 mio EUR is [...]

The food giant already earn 41,50 percent of its sales abroad. The share should raise up to 50 percent in the next three years.
SPAR boss Gerhard Drexel is satisfied with 2006: “It was a good year. SPAR was able to grow and beat the earning goals.”

SPAR group Austria increased the sales by 9,2 percent up [...]

The Austrian subsidiary company of the German Aldi group, Hofer, is becoming strong in the Slovenian supermarket sector.
By a market share of 2,1% the company takes the fourth place in Slovenia. This is very much remarkable, because the period of presence for Hofer in Slovenia is just one year.
The market leader in Slovenia is still [...]

2006 was a very good year for the Raiffeisen Leasing Group. In spite of dropping transactions in Austria, they were able to make a new record result.
While the business in Austria was 7 percent smaller than the year before, the sales abroad increased up to 40 percent. The sum of the sales abroad in 2006 [...]