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Austrian Retail and Consumer Headlines

Henkel Expands in Vienna

German firm Henkel has invested another several millions in its factory in Vienna, where the firm operates its biggest liquid washing detergent factory. On Friday the company launched a new production line, which, next to Persil, Dixan, Weisser Riese and Silan, will also produce Polish brand ‘E’ acquired in 2014 by the firm.

Yesterday

Lidl Austria Raised Sales by Over 10 Percent to EUR 1 Billion

Lidl Austria raised its sales from EUR 900 million (USD 985 million) in the preceding year to EUR 1 billion in the financial year 2014/15. Over the year only one shop was added, sales growth was achieved on the same retail space, the company announced. From the end of 2016 the branch network is supposed to be expanded again.

May 28, 2015

Vienna Prater Amusement Park Celebrates its 250th Anniversary

On the 7th of April 2016 the Vienna Prater amusement park (Wiener Prater) will be celebrating its 250th anniversary, so it has already started to undergo a major revamp. According to its new president, Stefan Sittler-Koidl, the winds of change are literally blowing through this traditional leisure park. The highlight of the season will be the commissioning of the world's most advanced wind tunnel, in which free-fall can be simulated.

May 28, 2015

Teufelberger to Cash EUR 24 Million on Sale of bwin.party

Bwin.party CEO Norbert Teufelberger might cash in at least EUR 24 million (GBP 17 million), if the sale of the listed online gambling company works out, British daily Telegraph reports. At the moment several investors are vying for bwin.party.

May 28, 2015

Bene Furniture Heading for Bankruptcy if no Investor Found

Listed office furniture firm Bene will go bankrupt if its June GM fails to approve investment plans, investor Erhard Grossnigg tells the daily Kleine Zeitung.

May 28, 2015

Red Bull Energy Drinks Ranks 94th in Global Brand Value Ranking

Austria's energy drinks maker Red Bull ranked number 94 in 2015 edition of the ranking of the world's most valuable brands, down by two notches from the year-earlier position, researcher Millward Brown said.

May 27, 2015

Austrian Tourism Enjoys Record Overnight Stays and Arrivals

Austrian tourism enterprises enjoyed record levels in terms of overnight stays and tourist arrivals in winter season 2014/15, according to the preliminary data of stats office Statistik Austria.

May 27, 2015

EPIC Investment Group's Croatian Unit Buys Baska Hotels

Croatian hotel group Valamar, a 43-percent unit of Vienna-based investment firm EPIC, bought 83.82 percent in tourism firm Baska Hotels for EUR 24.1 million (USD 26.25 million), the daily WirtschaftsBlatt writes Wednesday.

May 27, 2015

bwin.party Gaming to Decide on Takeover Offers in Coming Weeks

Listed Austrian and British online gambling firm bwin.party will make the decision concerning takeover offers received in the coming weeks, bwin.party said. The talks over the issue have reached "a new phase,” the company said stressing that it is not certain that the negotiations will end in a transaction.

May 22, 2015

Austrian Sales of Alpro Vegan F&B Products Increased by 30 Percent

The soy product maker Alpro benefits greatly from changed eating habits. Sales and market shares of the European market leader in the segment of food based on soy increased substantially last year. "Vegan and vegetal products are currently very popular" Michael Ohlendorf, the head of Germany-Austria-Swirtzerland region at Alpro said at a press conference in Vienna.

May 21, 2015