Archive for the 'Austrian Industry' Category
ThyssenKrupp closes plant in Gratkorn (Styria)
May 7th, 2008 in Austrian IndustryThe 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 […]
Swarovski Optik thinks about job cuts
May 2nd, 2008 in Austrian IndustryThe 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 […]
USA tells Austrian enterprises: “No business with Iran”
September 19th, 2007 in Austrian Industry“It’s not allowed to make business with Iran”, says the US-government and points its finger to several Austrian companies.
Especially the OMV, which is Austria’s largest oil-producing, refining and gas station operating company with important activities in other Central European countries, is very pressured by the USA.
Also Austrian banks feel the discomfort of the US-American politicans […]
Air Technology Scheuch gives workers one million EUR extra
September 10th, 2007 in Austrian IndustryThe boss of the air technology enterprise wants to let his employees take part in the success of his company.
This year 500 employees are going to receive a monthly salary extra. The whole bonus amounts one million EUR.
The business year 2006/07 was a very successful one for the manufacturer of flue gas cleaning, suction, and […]
