Austria Credit Score Online

The cigarette manufacturer “Austria Tabak” was government property until the end of the millennium.
Then politicans sold the factory to the Japanese combine “Japan Tobacco” to get some more money for their budget.

Now the Japanese decided to close the factory in two years. 300 workers are affected, and the close-down should happen gradually.
The Japanese want to […]

Efkon is a toll system enterprise from Austrias federal state Styria.
Now the Styrian company caught an order in an estimated value of 10 mio EUR. South Korea wants to have the company for “free flow toll traces”.

Already 550 free flow toll traces and 350 toll boxes with intigrated bord computer and smart card were delivered […]

The Upper Austrian Agricultural machinery maker Pöttinger from the little town of Grieskirchen can celebrate a plentiful harvest in sales.
The company was able to increase its sales by 16,2 percent up to 199 mio EUR.

The growth was very strong in the sector of cultivation: 38,7 percent up to 32,8 mio EUR. The sector grassland increased […]

Usually Austria has an excess supply on apprentices. Many young people are still without a promise for a professional education.

Carinthia is different than the rest of Austria. In Austrias Southern province the industry complains about no availble apprentices.
Most of the pupils who start a job training choose traditional jobs like car mechanic (boys) or hairdresser […]

Watch band manufacturer Hirsch from Carinthia is world market leader. Hirsch sells his watch bands in 62 countries around the world.
This year the sales should increase from 40 million EUR up to seven percent.

The company is located in Carinthias provincial capital Klagenfurt, and manufactures between 6 and 10 millions of high grade watch bands.
Hirsch has […]

Omicron Electronics from the Austrias federal state Vorarlberg is the world market leader of checking devices for energy systems.
The enterprise was founded by Rainer Aberer in 1984. The first target was to develope software for telecommunications. Since 1990 Omicron devotes itself in the development of checking devices for guard and measuring equipment in electronic energy […]

The cross-country vehicle manufacturer Arctic Cat from Salzburg is still stepping on the accelerator pedal: new chain stores in Europe are planned.
Arctic Cat AG wants to stabilize its market position in Europe. The Americans want to focus the whole business in Europe by its Austrian subsidiary from Salzburg.

Two years ago Arctic Cat won the business […]

Recycling machines of the Austrian company Binder & Co. detect even the finest foreign matters in waste glass.
Such a technology has a big potential for the Eastern European market.

The Austrian company Binder & Co. from the Styrian town of Gleisdorf, is world market leader in the manufacture of special machines for waste glass recycling. The […]

Kuchler cutting systems for sausage and cheese are popular around the world. The company from Carinthia is world market leader, and even the US Navy cannot be without machines from Kuchler.
If a soldier of the US Navy eats a sandwich, the sausage inside was cut with a cutting system from Austria. 1.500 of those machines […]

The German manufacturer of utility vehicles wants to invest 100 mio EUR in its plant in the Upper Austrian city of Steyr.
The capacities should be clearly extended.

MAN want to increase the manufacture of driver’s cabs from now 30.000 up to 50.000 pieces per year. The truck production should be increased from 23.000 to 30.000 every […]

The gas-fired power plant in Mellach has a lot of admirers. Among them also the Russian Gazprom, but also OMV and Centrex are interested.
The chase around the supply of the gas-fired power plan Mellach has just started. And Gazprom is not the only one who might be interested in a deal.

Centrex Europe Energy & Gas […]

XXXLutz goes Bavaria. 1.400 workers of the furniture shop chain Hiendl from Passau become workers of the Austrian furniture shop chain.
The accidental death of the firm owner Klaus Hiendl was possibly the matter of the sale. The combine authority still has to confirm the take over.

The Austrian furniture shop chain XXXLutz is active in Germany […]

Sectors in the administration are under close scrutiny. Workers fear reduction of jobs and outsourcing.
Siemens Austria is planning to save money and want new structures. So called “shared services” should be implemented in the beginning of October.

400 jobs are in danger. Especially in logistics, fleet of cars management, and purchase.
The instruction comes from Siemens […]

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 […]

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 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 glass producer from the Upper Austrian town of Braunau had to declare itself insolvent. The German Zwiesel-Kristall group want to take over Inn Crystal.
The financially stricken glass producer with 250 coworkers cannot clear its financial problems. The enterprise has filed for insolvency today. The liquidation proceedings should follow immediately.

Main creditors are the banks of […]

The 25th trade fair in Innsbruck closed yesterday. Products of 485 exhibitors were presented.
The beautiful weather had no negative influence on the attendance, said congress and fair director Georg Lamp.

This years topics were spring, gardening and barbecue, as well as cars, fashion, building, living and renovating. But also the energy conservation was a very important […]

After the oversupply of biological gas in Austria, an excessive amount of ethanol is possible. Agrana wants to produce 240.000 square metres, but the Austrian mineral oil administration “OMV” only want to take a third of such amount.
As from October the admixture of ethanol to gas will be duty by law, the hype of biological […]

The Austrian Verbund association and its Turkish partner, the conglomerate “Sabanci”, want to invest about five billion EUR into the Turkish electricity sector.
According to a report in the German newspaper “Frankfurter Allgemeinen Zeitung” both companies are planning to participate in the privatization of the Turkish electricity market. Thereby new power plants should be built as […]

Procter & Gamble defends its title as “best employer in Austria”. The award was assigned by Austrias economy magazine “trend”.
“A great place to work”, the Austrian subsidiary of the US-combine Procter & Gamble was elected the second time in a row to “Austrias best employer”. The silver medal goes to Oracle Austria and bronze to […]

“The Austrian industry has experienced a robust beginning of the year by good spirit”, says the secretary general of the Austrian industrialists association (IV).
But the first signs of degeneration can be seen on the horizon. We are strong enough to handle that, thinks the secretary general.

The first economist of the Austrian industrialists association Christian Helmenstein […]

The Upper Austrian fire brigade equipment manufacturer Rosenbauer delivers 16 airport fire engines to Australia.
The order amounts to 13,5 Mio EUR. In 2005 Rosenbauer made sales in the value of 321,3 Mio EUR. The company delivers now 16 airport fire engines “Panther 6×6″ for military bases, declared Rosenbauer last Friday in a press release.

Already in […]

McDonald’s continues to shake off its competitors in Austria. The positive numbers were yesterday presented by McDonald’s boss David Newman in Vienna.
In spite of the glut on the market in the fast food sector, Mc Donalds still moves on. It is true the amounts of 162 fast food restaurants in Austria stagnated last year, but […]